HealthPlan Data Solutions (HDS) was honored to be featured in a recent JobsOhio article highlighting innovative Ohio companies supported through the JobsOhio Growth Capital program. The article, titled “Bringing Transparency to Healthcare”, outlines how HDS is revolutionizing the way health plans manage pharmacy benefit costs.

JobsOhio commends HDS for addressing a long-standing industry challenge: the lack of clarity and control health plans have over pharmacy benefit manager (PBM) contracts. Through its real-time pharmacy data analytics solution, Claim Scan, HDS equips payers with the ability to detect billing errors, contract violations, and overspending that would otherwise go unnoticed.

The article also highlights the impact of JobsOhio’s strategic investment in HDS, which has enabled the company to expand operations, grow its customer base, and continue driving innovation in a rapidly evolving healthcare landscape.

“Pharmacy benefit managers are the one part of healthcare that is still really a black box,” explains Seiling. “The pharmaceutical manufacturers are frustrated with PBMs, the insurance companies are frustrated, the pharmacies are frustrated – everyone is frustrated. We need to have better visibility into what they’re doing.”

As HDS continues to scale, its mission remains clear: empower health plans with the tools they need to make pharmacy benefits more cost-effective, compliant, and transparent.