The Blue Cross Blue Shield Association (BCBSA) announced the collective commitment of all 36 independent Blue Cross and Blue Shield (BCBS) companies to contribute comprehensive data on healthcare quality and costs to Blue Cross Blue Shield Axis SM (BCBS Axis SM). BCBS Axis provides insights and solutions for employers, consumers and physicians to improve the quality and affordability of care.
The data include more than 2.3 billion procedures conducted annually from more than 20,000 healthcare facilities and 540,000 physicians. It allows Blue Cross and Blue Shield companies to equip employers, consumers and physicians with accurate and actionable information based on their vast data resources. Covering 1 in 3 Americans, the Blue Cross and Blue Shield System provides insights and intelligence on healthcare quality and cost at the local, regional and national levels by drawing on data from a network that includes more than 92 percent of physicians and 96 percent of hospitals nationwide.
Read more: http://www.prnewswire.com/news-releases/blue-cross-blue-shield-association-announces-industry-leading-healthcare-data-capability-to-drive-improved-quality-and-affordable-care-300148479.html