Marsh has announced a collaboration with Cambridge-based Kirontech, a claims risk intelligence company that uses AI-enabled technology to strengthen payment integrity and improve patient outcomes.
Under the terms of the agreement, Marsh’s clients in corporate health trusts, private medical insurance claims environments and NHS-commissioned care will be able to access a full analysis of their historic claims data to ensure they are getting value for money.
The analysis aims to enable clients to have greater insight about how to maximise resources and minimise waste by using machine learning and medical experience to retrospectively analyse medical treatment data and insurer-approved treatment plans.
Mercer Marsh Benefits UK strategic healthcare consulting leader Neil Atkinson said: “Healthcare organisations are under increasing pressure to improve outcomes while managing costs and complexity.
“Together, Marsh and Kirontech will help clients spend their resources effectively and ensure people are being treated appropriately. This agreement means we can accelerate our strategy to positively impact societal healthcare.”
Omar Chebli, chief executive officer of Kirontech, added: “Healthcare organisations are sitting on data that could transform how they manage risk and allocate resources, but turning that into confident, board-level decisions requires the right expertise alongside the right technology.
“Collaborating with Marsh means we can bring that full picture to a much wider range of organisations, faster. Together, we are giving leadership teams the clarity to act and the confidence that their money is being spent where it matters most.”