Expion Health, a pioneer in leveraging powerful technology and dynamic pricing strategies for healthcare cost containment, has been named to the esteemed CIO 100 Award list for 2024, honoring its groundbreaking ExpionIQ Advisor. For more than 25 years, the CIO 100 Awards have recognized innovative organizations around the world that exemplify the highest level of strategic and operational excellence in IT.
Expion Health’s selection highlights its pioneering use of AI and machine learning to revolutionize the underwriting process for pharmacy benefit pricing. Expion Health’s achievement with ExpionIQ Advisor stands as a beacon of how innovative technology can drive significant improvements in efficiency and business growth.
Karin Humphrey, CEO of Expion Health, expressed her pride in the team’s achievement, stating, “This accolade is a recognition of our technological achievements and our strategic vision for the future of healthcare cost management. The CIO 100 Award underscores our leadership in innovation and drives us to continue developing solutions that meet the evolving needs of our clients and the industry at large.”
Suresh Kumar, Chief Transformation Officer of Expion Health, highlighted the impact of the project, “ExpionIQ Advisor leverages cutting-edge AI and machine learning to not just streamline but entirely redefine the pharmacy benefit underwriting process. This tool is a pivotal advancement, significantly mitigating financial risks and providing instantaneous pricing strategies for complex RFPs. It’s also a prime example of how technology can transform business operations, making them more efficient, scalable, and aligned with strategic goals.”
Contact Expion Health to learn more about how its award-winning cost containment technology can transform your pharmacy and medical claim cost management.