Dubbed Flume OS, the “health-plan-as-a-service” solution handles administrative tasks, including billing and benefit management, according to the Dec. 15 announcement. It expands upon the Flume Core, the payer’s central payment, claim management and reporting platform.
Firefly Health and Radion Health are the first healthcare companies to use the platform to launch their own health plans.
“Flume has vastly accelerated our path to market. Without it, we couldn’t have launched our health plan in less than a year,” said Fay Rotenberg, Firefly Health CEO. “The rapid launch of the Firefly Health Plan has enabled our mission to deliver health care that’s twice as good at half the price.”
At the Becker's 5th Annual Fall Payer Issues Roundtable, taking place November 2–3 in Chicago, payer executives and healthcare leaders will come together to discuss value-based care, regulatory changes, cost management strategies and innovations shaping the future of payer-provider collaboration. Apply for complimentary registration now.