Who is Humbi AI?

Who is Humbi AI?

In the rapidly evolving landscape of healthcare, finding a partner who truly understands the complexities of the industry is crucial. That’s where Humbi AI comes in. But what’s in a name? Let’s break it down.

What’s in a Name?

Humbi AI is more than just a name; it’s a philosophy. “Hum” stands for human, “B” stands for business, and “I” for intelligence. Together, they encapsulate our commitment to humanizing business intelligence. The “AI” in our name doesn’t signify artificial intelligence, but rather Actuarial Intelligence – our core expertise. This dual focus ensures that our solutions are both technologically advanced and deeply rooted in human-centered insights.

Data Assets

Humbi has access to 100% Medicare FFS (part A/B) / Medicare Advantage Encounter data (Part C) and Part D data. Most of the data elements are refreshed on monthly basis by CMS resulting in the most up-to-date data available. Along with Medicare data Humbi have access to 100% Medicaid data and various commercial data as well.

Our Unique Combination

Humbi AI combines robust data, precision analytics, and comprehensive actuarial and business analysis to offer unparalleled insights and solutions for healthcare organizations. Our team features health actuaries, data scientists, and health technology experts who bring a wealth of knowledge and experience to the table. This unique blend allows us to look beyond traditional actuarial expertise and deliver solutions that integrate medical science, social science, and technology.

Humanizing Business Intelligence

At Humbi AI, we believe in humanizing business intelligence – providing data by, for, and with humans. We understand that behind every data point is a real person with real challenges and goals. Our approach is relational- and solutions-oriented. We don’t just create accurate predictive models. We ask the right questions, understand business challenges, and deliver data-driven solutions you can rely on to drive revenue and solve the challenges that keep you up at night.

Our Services

Our range of services is vast and tailored to meet the needs of various stakeholders in the healthcare industry. From data management and visualization to the actuarial design and evaluation of programs, we provide the tools and insights necessary to inform your business strategy. Our clients include:

  • Payers: Health plans, employers, and governmental agencies. We help these entities manage risk, optimize their resources, and improve their financial outcomes through advanced healthcare analytics.
  • Healthcare Providers: Hospitals, provider practices, and free-standing healthcare facilities. Our services help providers enhance patient care, streamline operations, and navigate the complexities of healthcare regulations.
  • Population Health Management Organizations: We assist these organizations in developing strategies that improve population health outcomes, reduce costs, and ensure compliance with healthcare standards.

The Humbi Intelligence Platform

Our crown jewel is the Humbi Intelligence Platform, which is one of the largest healthcare analytics datasets available anywhere. This platform is continuously expanding, incorporating new elements every day. By combining these robust data sets with client-provided data, we offer a game-changing opportunity for our clients. The Humbi Intelligence Platform provides significant improvements in:

  • Time Savings: Reduces the need to gather, export, and use Protected Health Information (PHI). This not only saves time but also ensures compliance with privacy regulations.
  • Accuracy: Speeds up the analysis and decision-making process, allowing for timely and informed decisions that can positively impact patient outcomes and business performance.
  • Ease of Use: A user-friendly, portal-based approach that offers substantial advantages over static reports. Our platform’s intuitive design makes it accessible to users of all technical backgrounds.
  • Decision-Making Confidence: Enables guided business case and ROI “pressure testing,” ensuring that your strategic decisions are backed by solid data and thorough analysis.

The Medicare Intelligence Platform

A highlight of the Humbi Intelligence Platform is our Medicare Intelligence Platform. This platform offers access to medical and pharmacy data for over 60 million members at the health plan and provider levels. By utilizing Humbi’s AI-powered proprietary tools, clients can stay ahead of the competition with:

  • Integrated Data Platform: Provides regularity guidance and competitive intelligence through an all-health plan database.
  • Financial Analytics: Includes data from a 62+ million-member database (MAPD & FFS Data) to aid in financial decision-making.
  • Provider Analytics: Facilitates value-based arrangements and helps providers optimize their performance.
  • Pharmacy Insight: Offers comprehensive data on Part D and formulary to enhance pharmacy-related decisions.
  • Consumer Analytics: Uses census tract and Bureau data to provide deep insights into consumer behavior and demographics.

Part D Intelligence Platform

Humbi has Part D and B platform(s) for Rx manufacturers.

  • Market Access platform: Comparison of cost and use by payer, PBM, formularies, regions, drugs, etc.
  • Pre-Clinical Strategy/Clinical trials and strategy/HEOR studies
  • Regulatory affairs

Partnership and Relationships

We pride ourselves on our ability to form strong, meaningful partnerships with our clients. At Humbi AI, we view ourselves as your “partner in knowledge” or “knowledge partner.” We go beyond traditional actuarial consulting services by working closely with you to troubleshoot issues, identify opportunities, recommend solutions, and implement actionable strategies. This collaborative approach ensures that we deliver the best data and insights, resulting in profitable outcomes for your business.

Type of clients

Humbi currently has specialty VBC provider contracts with cardiology, oncology, behavioral health, MSK, CKCC, ACO Reach, MSSP, payer contracts, and life science contracts and our client contracts are expanding every day.

Why Choose Humbi AI?

While some competitors may offer similar actuarial consulting services, they do not match Humbi AI’s ability to partner with clients to address a wide array of business challenges effectively. We help you make the best decisions for your business efficiently and confidently, ensuring profitable outcomes. Our deep understanding of the healthcare industry and our commitment to humanizing business intelligence accurately and efficiently sets us apart.

Our Commitment to the Healthcare Industry

The healthcare industry is complex and constantly evolving. With our strong, proven background in both actuarial and data science, Humbi AI is well-equipped to navigate these changes. We provide advanced healthcare analytics and data analytics in the healthcare industry, ensuring that our clients are always a step ahead, capable of making confident and effective business decisions.

Conclusion

In a world where data is king, Humbi AI offers a unique approach to actuarial consulting services. We combine robust data, precision analytics, and comprehensive actuarial and business analysis to provide advanced healthcare analytics and data analytics in the healthcare industry. Let Humbi AI be your partner in knowledge, helping you navigate the complexities of the healthcare landscape with confidence and precision.