August 28, 2020 – Leonard will apply 25 years of actuarial experience to help clients (PEO, stop-loss writers, and other risk-bearing entities) optimize their complex healthcare decisions, lower costs and drive sustainable results. BST's analytics and machine learning models identify key cost drivers, improve risk margins, and recommend predictive risk and underwriting methodology changes to help .
April 8, 2020 – BST has released a modeling tool that projects the financial impact COVID-19 will have on self-funded health plans. The tool allows users to tailor scenarios to their populations under various assumptions, such as severity of infection rates, longevity of the crisis, and percentage of services deferred to future months.
March 19, 2020 – Dr. Nohadani discusses the latest discoveries and future direction of advanced analytics, optimization, and machine learning applied to predictive and prescriptive insights, with the goal of improving healthcare while reducing costs.
Feb. 28, 2020 – BST’s and Hollis Consulting (HCI) form an innovative partnership with the goal to improve the economic alignment of medical and supplemental health plan designs by augmenting actuarial science with in-depth analysis, predictive and prescriptive direction...
Jan 23, 2020 – Morrow discusses the present and future role of actuarial science in predicting risk and directing health plan decisions, including how the role of the actuary is changing and how advancements in analytics is impacting the future of healthcare decision making...
Dec. 1, 2019 – Michael Morrow has been named Chief Actuary. He brings an actuarial perspective to the company’s healthcare analytics platform and provides counsel on the actuarial implications of business strategies and regulatory changes. Michael is a seasoned actuary and risk leader with more than 20 years of financial and quantitative analysis, ...
Benefits Science Technologies Founder Dimitris Bertsimas Awarded the INFORMS President's Award and Prestigious John von Neumann Theory Prize.
Nov. 15, 2019 – Dr. Bertsimas, recognized for his leadership role in advancing technologies in data science, robust optimization and AI to optimize some of the world’s most complex systems, received two honors from INFORMS, the President's Award and the ...
Nov. 1, 2019 – Nohadani will lead the data science team developing advanced analytics, optimization and machine learning tools for its healthcare analytic platform. “We are excited to have Omid join the BST team,” said Stephen Sofoul, MBA, CEO & President. “His considerable experience in predictive and robust analytics has direct application to our mission to ...
Jan 30, 2019 – Larson discusses the role of data science in helping companies gain new insights to improve healthcare for employees and control costs. 1. What was your role prior to coming to Benefits Science Technologies? A: I worked as an actuarial consultant for two...
Benefits Science Technologies Applies State-of-the-Art Clustering Algorithms to Create a More Accurate and Interpretable Results for Healthcare Decisions
Dec 3, 2018 – Benefits Science co-founder Dr. Dimitris Bertsimas, in conjunction with team members at the Operations Research Center at MIT, publish latest advancements in Artificial Intelligence (AI) applied to optimizing healthcare decisions.
Oct. 8, 2018 – Larson will lead the data science and technology firm’s strategic efforts in the health insurance plan management market.
Stephens Insurance Introduces STAT, An Advanced Data Analytics Platform For Employee Benefits Planning
Oct. 28, 2018 – Stephens Insurance, LLC today announced the release of STAT, a best in class data analytics platform designed to enhance risk management of employee benefits portfolios. The product was developed in partnership with Benefit Science Technologies, a leader in healthcare analytics. STAT is an exclusive offering of Stephens Insurance.
March 20, 2017 – The bio-medical entrepreneur and innovator brings more than two decades of related experience to the company. “An award-winning entrepreneur and innovator, Dr. Monovoukas brings a wealth of experience in the bio-medical arena to our organization,” said Sofoul. “We expect many great contributions from him.”
February 18, 2016 – Software mines insurance claims data to determine best coverage for employees, within a budget. For employers, selecting health care plans and benefits that adequately cover employees, within a budget, is a complex game of trade-offs. Considerations include... Rob Matheson | MIT News Office
August 16, 2016 – Businessolver, a leader in SaaS-based benefits administration technology, and Benefits Science Technologies (BST), a leading provider of healthcare and insurance data analytics solutions for enterprise customers, today announced a strategic partnership. The partnership will leverage...