Intelimedix Launches Cost Containment Technology

Intelimedix, a Lakeland, Fla.-based company focused on multi-relational data mining and predictive healthcare analytics, launched Tru:Beacon, a solution designed to cut medical costs without lowering quality of care.

Tru:Beacon utilizes proprietary deterministic algorithms to uncover inappropriate payments, known fraud schemes and treatment variations, as well as other cost-increasing occurrences. By employing predictive modeling, Tru:Beacon profiles and recognizes patterns that identify provider fraud, member misuse, and identity theft.

Tru:Beacon is one offering in Intelimedix’s recently rebranded Tru:Solutions suite, powered by the company’s Relational Online Analytical Processing technology, advanced algorithms and its proprietary business intelligence and analytics platform.

Intelimedix is a privately held company with investment from a consortium of Blue Cross and Blue Shield licensees known as BP Informatics, LLC.