LexisNexis Risk Solutions Named a Leader in IDC MarketScape Report on Managing U.S. Supplier Data for Payers

LexisNexis Risk Solutions was the only vendor assessed to place in the Leaders category

ATLANTE, April 19, 2022 /PRNewswire/ — LexisNexis® Risk Solutions, the Leading Provider of Identity Verification and Healthcare Data Solutions, Named a Leader in IDC MarketScape: US Provider Data Management for Payers 2022 Vendor Assessment1. The report notes, “LexisNexis Risk Solutions’ commitment to clean, quality supplier data is remarkable and evident.

This IDC MarketScape study assesses the capability and business strategy of many of the leading vendor data management (PDM) vendors found among payers who use this software to establish a “central vendor record or truth system.” for the payer’s company. This assessment is based on a comprehensive framework and set of metrics believed to be most conducive to successful delivery of vendor data management software today and in the future.

“The Provider Data Intelligence Suite (PDIS) combines thousands of data sources, advanced analytics, technology, data science, and deep healthcare expertise to deliver correct, current, and comprehensive provider data. health and organizations,” said Jeff Rivkin, Research Director, Payer IT Strategies, IDC. “It is indeed an impressive set of pure vendor data management capabilities; its approach to volume, quality, completeness, coverage and mandate compliance is outstanding.”

“We are thrilled to be named a Leader in this IDC MarketScape report, and we will remain committed to delivering high-quality data to help healthcare organizations increase patient satisfaction, remove barriers to care, meet compliance standards, save money and improve health outcomes,” said Jeff DiamondPresident and General Manager of LexisNexis Risk Solutions Healthcare Division.

To learn more, read the IDC MarketScape summary from LexisNexis Risk Solutions [here].

About IDC MarketScape:
The IDC MarketScape Vendor Assessment Model is designed to provide insight into the competitive fitness of ICT (information and communications technology) vendors in a given market. The research methodology uses a rigorous scoring methodology based on qualitative and quantitative criteria that results in a unique graphical illustration of each vendor’s position in a given market. IDC MarketScape provides a clear framework within which the product and service offerings, capabilities and strategies, and current and future success factors of IT and telecommunications vendors can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and potential vendors.

About LexisNexis Risk Solutions
LexisNexis® Risk Solutions harnesses the power of data and advanced analytics to deliver insights that help businesses and government entities reduce risk and improve decisions for the benefit of people everywhere. We provide data and technology solutions for a wide range of industries, including insurance, financial services, healthcare and government. Headquarters in the metro Atlanta, Georgia, we have offices around the world and are part of RELX (LSE: REL/NYSE: RELX), a global provider of information-based analytics and decision-making tools for professionals and enterprises. For more information, please visit www.risk.lexisnexis.com and www.relx.com.

Media Contact:
Syed Chabbir
Manager, Media and Analyst Relations
Healthcare activity of LexisNexis Risk Solutions
816.572.7709

1IDC MarketScape on US Supplier Data Management for Payers, doc #US48815718, February 2022

SOURCE LexisNexis Risk Solutions

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