The Blue Cross Blue Shield Association has announced 36 independent Blue Cross and Blue Shield companies are committed to contributing data on healthcare quality and costs to the Blue Cross Blue Shield Axis.
The Blue Cross Blue Shield Axis is a data capability platform that represents more than $350 billion in annual claims, 36 million provider records and more than 700,000 BCBS patient reviews.
The data includes more than 2.3 billion procedures conducted each year from more than 20,000 healthcare facilities and 540,000 physicians.
"The depth, breadth and scope of the data in BCBS Axis are unprecedented," said Scott Serota, president and CEO of BCBSA. "Through our actionable data, and the speed at which it is available, we are leading a transformation of the healthcare system to improve the quality and affordability of care."