Gray Matter Analytics and Ernst & Young Partner to Revolutionize Value-Based Care

Gray Matter Analytics, a healthcare SaaS company, has teamed up with Ernst & Young LLP to deliver scalable analytics solutions that will help managed care organizations and state Medicaid agencies strengthen oversight, improve outcomes, and reduce costs in the rapidly shifting value-based care landscape. The collaboration combines Gray Matter's CoreTechs analytics solutions with EY's operational transformation services to tackle the complex challenges faced by health plans and state Medicaid agencies. This partnership aims to address the pressing needs of these organizations as they navigate the increasing requirements to manage quality, control costs, and demonstrate improvement in medical outcomes.

Key Takeaways:

• Gray Matter Analytics and Ernst & Young LLP have entered into a strategic teaming agreement to deliver scalable analytics solutions to managed care organizations and state Medicaid agencies.
• The collaboration will provide the analytics and operational expertise needed to deliver compliance, cost, and medical outcome improvements.
• The partnership directly addresses the challenges faced by health plans and state Medicaid agencies as they shift to value-based care.
• The Centers for Medicare & Medicaid Services (CMS) is requiring expanded reporting from state Medicaid programs while providing 90/10 federal funding for the modernization of Medicaid Enterprise System (MES) modules.
• State Medicaid programs represent more than $800 billion in annual spend.
• Gray Matter's CoreTechs analytics solutions will be combined with EY's operational transformation services to provide comprehensive support to managed care organizations and state Medicaid agencies.
• The goal of the partnership is to help these organizations strengthen oversight, improve outcomes, and reduce costs in the value-based care landscape.

Statistics:

• State Medicaid programs represent more than $800 billion in annual spend (Source: CMS).
• The Centers for Medicare & Medicaid Services (CMS) is providing 90/10 federal funding for the modernization of Medicaid Enterprise System (MES) modules (Source: CMS).
• Managed care organizations and state Medicaid agencies face increasing requirements to manage quality, control costs, and demonstrate improvement in medical outcomes in the value-based care landscape (Source: Gray Matter Analytics).
• The partnership aims to deliver compliance, cost, and medical outcome improvements to these organizations (Source: Gray Matter Analytics and EY US).

Sources:

• Gray Matter Analytics
• Ernst & Young LLP
• Centers for Medicare & Medicaid Services (CMS)
• NewsRx LLC