Navigation Links
TRICAST Announces Patent-Pending Technology for Real-Time Health Data Analysis
Date:1/7/2014

MILWAUKEE, Jan. 7, 2014 /PRNewswire/ -- TRICAST, Inc., the nation's leading pharmacy data analytics company, today announced the U.S. Patent and Trademark Office's acceptance of their first patent application, a revolutionary low cost, distributed, decentralized and elastically scalable alternative to "Big Data".

"We're excited about our work," explained TRICAST President Greg Rucinski. "It keeps us in step with healthcare reform and the industry's desire for timely reporting."

Response and Intervention Are Concerns
Healthcare Reform business requirements and the Centers for Medicare and Medicaid (CMS) are requiring a responsive approach to managing health care information. Because this has become a top priority, healthcare executives and clinicians are searching for ways to quickly identify and respond to emerging issues. 

Traditional Big Data analysis solutions were developed for organizations requiring a flexible, backward looking analysis of historic data. What of organizations that require immediate insight into data that is not "historic" in the traditional sense, but minutes, or even seconds, old?

The TRICAST Solution
The TRICAST approach couples real-time data streams from disparate sources to its innovative business intelligence software. The resulting real-time analytics allow for the iterative transmission of small amounts of pharmacy and healthcare data and the storage of only the remarkable results—that is, anomalies or oddities or anything the user specifies as out-of-the-ordinary.

"Better, faster, cheaper was our mantra during the development work on this; we can move from problem to solution in real time," adds Rucinski. "This quick, accurate analysis really pays off in the Medicare Part D arena. Turnaround time is critical to the effective management of fraud, waste and abuse and rejected claims monitoring programs, as well as concerns for patient safety."

About TRICAST
TRICAST, Inc. is a leading pharmacy data, analytics, and consulting firm founded in 1997. TRICAST has leveraged more than 25 years of technology and claims processing expertise, extensive client insight and a team of industry experts to offer forward-thinking, full-scope pharmacy benefit oversight solutions to its clients. TRICAST provides audit services as the core of its business, and have assessed multiple types of pharmacy programs. The company's broad experience across payers of widely differentiated size and type, combined with focused experience in pharmacy, enabling the delivery of comprehensive assessments of pharmacy programs. Learn more by going to www.tricast.com. For more information, contact Greg Rucinski at 414.302.9733 or Email.

Read more news from TRICAST.


'/>"/>
SOURCE TRICAST, Inc.
Copyright©2012 PR Newswire.
All rights reserved

Related medicine technology :

1. TRICAST Hosts Annual Round Table Assessment of Mid-Market Pharmacy Benefit Managers, Specialty Providers
2. TRICAST Debuts Part D Rejection Oversight Solution for Drug Plan Sponsors
3. Orexigen Announces June 10, 2014 PDUFA Action Date for Contrave
4. Lilly Announces 2014 Financial Guidance, Reconfirms 2013 Expectations
5. Velocity Pharmaceutical Development Announces Appointment of Stuart Sedlack as Senior Vice President, Business Development
6. iHealth Announces Three New Wearable Mobile Personal Health Products At CES 2014
7. Neurocrine Announces Positive Results of VMAT2 Inhibitor NBI-98854 in Kinect 2 Study
8. ENTSafety.com announces the launch of the 2014 design of the ENTSafety System for tonsil, adenoid and other throat surgeries.
9. Mast Therapeutics Announces Positive Data In Model Of Heart Failure
10. Sequenom Announces Participation At The J.P. Morgan 32nd Annual Healthcare Conference
11. Techne Announces Resignation Of Chief Financial Officer Gregory Melsen
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:2/10/2016)... Mylan N.V. (NASDAQ, TASE: MYL) today announced its financial ... --> --> Financial ... $9.45 billion, up 28% on a constant currency basis ... billion. Excluding the impact of the acquisition of Abbott ... (the "EPD Business"), full year adjusted total revenues increased ...
(Date:2/10/2016)... February 10, 2016 A new report from business intelligence ... states that the Alzheimer,s disease market will more than double from just under ... Compound Annual Growth Rate (CAGR) of 11%. Canada , ... , Spain , the UK, and Japan ... forecast period. --> Canada , France ...
(Date:2/10/2016)... SAN DIEGO , Feb. 10, 2016 ... viral gene therapy manufacturing, and Renova™ Therapeutics, a biopharmaceutical ... and other chronic diseases, have entered into a Manufacturing ... produce cGMP-grade RT-100 (Ad5.hAC6) Drug Product for use in ... --> This relationship will leverage Lonza,s ...
Breaking Medicine Technology:
(Date:2/10/2016)... (PRWEB) , ... February 10, 2016 , ... LaserShip, a ... water to the Food Bank of Eastern Michigan last Friday in order to aid ... footprint into the Midwest to include a facility located in Clio, only 15 miles ...
(Date:2/10/2016)... Walton Beach, Florida (PRWEB) , ... February 10, ... ... the innovative weather-forecasting company is unveiling its revolutionary new 2.0 version at the ... platform, MetLoop has “put the power of the world's most advanced weather technology ...
(Date:2/10/2016)... ... February 10, 2016 , ... Intermedix announced on ... Medicine , an emergency medicine professional association, to support the organization's newly established ... American Academy of Emergency Medicine, or AAEM, seeks to empower emergency physicians to ...
(Date:2/10/2016)... ... , ... Emergency rooms provide emergency care to stabilize critical health issues, but ... dental emergencies at risk of losing a tooth or their smiles. Dr. Marine Martirosyan, ... dental emergencies include:, , Avulsed or knocked-out teeth , ...
(Date:2/10/2016)... ... February 10, 2016 , ... Dr. Jessica Barron, of Barron Family ... new dental patients and families in the North Metro Denver area. The new dental ... to cosmetic dentistry, and all in the most relaxing environment. , While some dental ...
Breaking Medicine News(10 mins):