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nirvanaHealth’s Payer & PBM Business Suite, Aria Will Go Live during Open Enrollment This Year and Launch on Microsoft Azure Marketplace

nirvanaHealth announces that Aria, the Payer & PBM business suite that will empower Payers & PBMs to design their own business solutions, will be available on Microsoft Azure and in the Azure Marketplace with a “try and buy” mode. nirvanaHealth is modernizing complex administrative & clinical operations for Payers & PBMs by offering thirty different modules as a one-stop-shop Payer & PBM business suite. Aria for Microsoft Azure is a build-your-own centralized digital workspace for Payer & PBM operations.

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“Similar to the impact that Microsoft 365 has on office productivity, nirvanaHealth’s Aria solution for Microsoft Azure will modernize the Payer & PBM space and provide that same efficiency and self-sufficiency to health insurers and PBMs,” says Ravi Ika, CEO & President of nirvanaHealth.

With Aria for Microsoft Azure, Payers & PBMs can custom design their business solutions with Aria’s 30+ different modules. Some of the Payer modules include Product, Benefits & Pricing Builder, Multichannel Sales Automation, Enrollment, B******, Commissions, Utilization Management, Medical Claims Processing, Financial Lifecycle Management, Self-Service Portals & Apps, Membership, Payment, Risk Adjustment with Government Entities, Prospective Quality Management, and Value-Based Care Management. These modules can integrate seamlessly with any payer existing platforms, vendor systems, and workflows and can modernize department-by-department activities. Aria also has built-in trading partner connectivity to external entities such as PBMs and vendors for lab, dental, vision, and more.

“With the introduction of Aria onto the Microsoft Azure ecosystem, Payers & PBMs can benefit from the flexibility and business user empowerment that Aria provides. Organizations can take advantage of the mapping, data conversion, interoperability tools, and frameworks Microsoft solutions offer in a public cloud environment,” says Tom McGuinness, Corporate Vice President of Global Healthcare and Life Sciences at Microsoft.

By empowering Payers & PBMs with these solutions, they can implement and scale according to their own unique needs without involving several external, disjointed entities and platforms. As a result, Payers can create their own self-constructed solutions to suit their unique business needs. Additionally, these modules leverage Aria’s intelligent process automation (IPA) bots to deploy a digital workforce that automates a majority of Payer transactional functions and all PBM transactional functions. Altogether, Aria ensures that Payers & PBMs reach optimal efficiency and meet tough regulatory compliance needs.

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Inspired by Microsoft’s journey, John Sculley, former Apple CEO and current nirvanaHealth Chairperson, says, “Back in the day, when you purchased a laptop, you needed a technician to install and configure your operating system and productivity software for you. Now, it’s all about self-installation and configuration through cloud. We have incorporated that same build-your-own experience into Aria for Payers & PBMs.” With Aria for Microsoft Azure, Payers & PBMs can self-configure and deploy their own custom platform business solutions.

As a self-constructed custom solution, Aria eliminates the need to go through the time-consuming, cumbersome, and expensive 2–3-year platform modernization process, which includes extensive RFP & due diligence, contracting, and implementation. With user-configurability, self-sufficiency, and business flexibility in mind, Aria can handle all lines of business for payers and PBMs: Commercial, Medicaid, Medicare, Duals, Exchange, and ASO; State FFS Medicaid Organizations, CMS FFS Medicare, VA and TriCare. The nirvanaHealth R&D team will constantly modernize its platform to integrate & evolve with Microsoft tools and technologies to create the industry-standard solution.

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As part of this initiative, nirvanaHealth and Microsoft sales teams are committed to developing the go-to-market strategy to expand their market share in the PBM & Payer industry. An assisted deployment of nirvanaHealth’s Aria platform will go live during this open enrollment for a Managed Medicare, Managed Medicaid, and an Exchange (ACA) customer. A try-and-buy trial version is expected to be available on the Microsoft Azure Marketplace in the coming months.

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

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