Health Market Science

Overview

Healthcare provider data is everywhere across the healthcare system. Business strategies and decisions rest on the quality of that provider data. It’s imperative healthcare companies monitor their data on a regular basis with safeguards against erosion. The practice of systematically managing actionable data based on millions of healthcare practitioners, their related organizations and affiliations, is an enormously complex commitment that requires constant oversight and investment. That's the foundation of our business.

Founded in 1999 as a healthcare provider data supplier offering software and data integration services, Health Market Science is the market leader in delivering innovative solutions based on the most comprehensive and accurate provider database - The HMS Provider MasterFile. Our solutions, based on pristine data and the largest claims warehouse in the industry, have helped over 250 clients comply with evolving federal and state laws, reduce operational costs and maximize market opportunities.

Compliance

Healthcare companies are under increased scrutiny. With more expectations of transparency at the state and federal level, the ability to adapt quickly is essential. Healthcare organizations are facing increasingly stringent reporting obligations, particularly with fraud, waste and abuse and relationships to physicians and healthcare organizations.

$2.4 billion in civil settlements and judgments in cases involving allegations of fraud against the government occurred in 2009.

From corporate integrity agreements to strict monitoring and reporting requirements, healthcare companies must report with accurate data. Our solutions help promote compliance and provide internal and external audit support.

Solutions

HMS provides solutions that reveal market opportunities, focus sales efforts, improve operations and support a strategy to prepare for, address and report on state and federal regulations. Powered by the HMS Provider MasterFile, we offer a comprehensive suite of end-to-end solutions—from a complete view of your prescriber universe to instant prescriber validation checks—enabling you to make more rapid and confident business decisions.

Data

Accurate data is at the core of all of our solutions. We maintain a relentless focus on monitoring a highly dynamic provider data universe with primary validation and cutting edge matching technology. Unlike competitors, our MasterFile is bolstered from claims data and the HMS Provider Data Consortium (PDC). The PDC enables us to integrate daily data changes recorded from a variety of providers across the country, including major retail pharmacies, laboratories, and life science companies.

The Provider Data Consortium, unique to HMS, highlights changes we are rapidly able to validate such as practitioner moves, group practice expansions, and the like. No other data source provides this level of penetration, accuracy and reduced latency. These frequent updates to the HMS Provider MasterFile give our clients the power of trusted information. Read our white paper about the importance of data quality.

To benefit from the highest provider data accuracy in the industry—contact Health Market Science today.