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AMS And SupplyCopia Team Up To Create Industry’s Most Comprehensive Medical Implant Resource

AMS and SupplyCopia are advancing cost transparency initiatives by leveraging technology – including AI and ML– to aggregate and analyze medical implant data in unprecedented ways.

AMS, a healthcare affordability software company that provides clinical insights and financial analysis of the costliest and most complex medical claims and SupplyCopia, a rapidly growing provider of innovative supply chain solutions, announced a strategic alliance to furnish clients with the most comprehensive insights for medical implants and devices.

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AMS’ PredictIx module provides payers with the most accurate cost information on purchase prices of surgical devices and common implant-related procedures. When combined with SupplyCopia’s decades-long insights into propriety bill of material (BOM) procedural data, PredictIx secures its position as the only completely transparent implant analytics resource available in the marketplace.

healthcare environment is comprised of disparate systems and is fraught with deficient medical implant data sets that often provide incomplete procedures, outdated costs and little, if any, clinical analysis. Together, AMS and SupplyCopia are advancing cost transparency initiatives by leveraging technology – including AI and ML– to aggregate and analyze data in unprecedented ways.

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“SupplyCopia bolsters PredictIx with an additional depth and breadth of standardized and stratified implant data,” said Peter Borans, CEO, AMS. “Together, we’re able to provide all-encompassing insights into what is considered an implant, utilization of implants, items that should not be part of reimbursement, instrumentation and a repository of intelligent analytics to positively impact healthcare affordability. What has been a complete black hole of information has now been simplified for many payment integrity and contracting initiatives Health Plans have been needing.”

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“We’re excited to work with AMS in building a cutting-edge solution and an easily searchable medical implant resource for payers and case managers,” said Ashok Muttin, CEO, SupplyCopia. “We have a shared commitment to cost transparency and helping payers mitigate their future claim costs.”

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[To share your insights with us, please write to sghosh@martechseries.com]

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