Advanced Medical Strategies - Stacy Borans - Founder of AMS

Stacy Borans is a seasoned expert in healthcare technology and data analysis, with a robust background in medical cost management.

As a key player at Advanced Medical Strategies (AMS), she has been instrumental in developing software solutions for payment accuracy, risk assessment, and business intelligence in the healthcare industry. Her perspective on healthcare technology and data analysis in medical cost management is shaped by her experiences at AMS, where she noticed excessively high bills during medical reviews and saw an opportunity to work on the financial aspect of cost management.

Stacy advocates for transparency in chargemaster pricing and cash pricing, and emphasizes the importance of reference-based pricing. She believes that these strategies can help determine the relevant charge for medical services, although she acknowledges that it may not always result in the lowest price.

Join Spencer Smith and Stacy Borans as they delve deeper into this topic on the next episode of the Self Funded podcast.

Chapters:

00:01:08 Creative cocktail concoctions

00:06:46 AMS: Innovating Healthcare Management Solutions

00:10:43 Understanding the Financial Impact of Self Funding

00:16:21 Shaping the Future of Healthcare Cost Containment

00:21:13 Healthcare Solutions for Complex Medical Cases

00:27:24 Catastrophic Diagnoses Cost Projections Software

00:33:09 Comprehensive Risk Assessment and Pricing Tool

00:40:38 Achieving Transparency in Healthcare Decision-Making

00:46:32 Analyzing Group Risk Profiles Using Census Data

00:56:26 The Impact of AI on Healthcare Diagnoses

Key Links for Social

Self-Funded's Channel - https://www.youtube.com/ @SelfFunded

Listen on Spotify - https://open.spotify.com/show/1TjmrMrkIj0qSmlwAIevKA?si=068a389925474f02

Listen on Apple Podcasts - https://podcasts.apple.com/us/podcast/self-funded-with-spencer/id1566182286

Listen on Spotify for Podcasters - https://podcasters.spotify.com/pod/show/spencer-harlan-smith

Follow Spencer on LinkedIn - https://www.linkedin.com/in/spencer-smith-self-funded/

Follow Spencer on Instagram - https://www.instagram.com/selffundedwithspencer/

Key Words: Medical Strategies, Claims Strategies, Data Analytics, Business Intelligence, Business Intelligence Software, BI Software, Claims Analytics, Insurtech Software, Software for Underwriters, Systems for Carriers, Software for Insurance Carriers, Technology for Insurance, Technology for Insurance Brokers, Tech for Insurance Consultants, Tech for Healthcare, Software for Doctors, Software for Third Party Administrators