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.”
To learn more about Expion Health and its award-winning cost containment technology visit expionhealth.com.
About Expion Health
Expion Health, pioneers in healthcare cost containment innovation, combines the power of technology and multiple pricing pathways to unlock significant savings across pharmacy and medical claims. Leveraging 30+ years of experience to drive cost savings for health plans, PBMs, TPAs, and self-insured employers, Expion uses the most accurate and current data to address complex factors driving healthcare costs. At the heart of Expion Health's innovative solutions is the ExpionIQ platform, which brings together artificial intelligence, automation, and advanced analytics to create powerful solutions for unlocking savings opportunities while ensuring compliance with complex regulations. For more information, visit expionhealth.com and connect with Expion on LinkedIn.
About CIO
CIO focuses on attracting the highest concentration of enterprise CIOs and business technology executives with unparalleled peer insight and expertise on business strategy, innovation, and leadership. As organizations grow with digital transformation, CIO provides its readers with key insights on career development, including certifications, hiring practices and skills development. The award-winning CIO portfolio provides business technology leaders with analysis and insight on information technology trends and a keen understanding of IT’s role in achieving business goals. CIO is published by Foundry, an IDG Inc. Company. Company information is available at www.foundryco.com.
About the US CIO 100 Awards
The annual US CIO 100 Awards celebrate 100 organizations and the teams within them that use IT in innovative ways to deliver business value, whether by creating competitive advantage, optimizing business processes, enabling growth, or improving relationships with customers. The award is an acknowledged mark of enterprise excellence. Coverage of the 2024 US CIO 100 award-winning projects will be available online at www.cio.com in the weeks and months leading up to the event.