2024 has been a landmark year for Truven, filled with significant milestones and achievements. Over the past six months, I have had the privilege of leading our healthcare analytics and real-world data solutions, witnessing firsthand the incredible progress we’ve made. As we approach the end of the year, I want to celebrate our successes and share a glimpse of the exciting journey that lies ahead.
Back to our roots
Trust is a precious commodity in healthcare. With benefits strategy and healthcare program decisions under the microscope and millions of dollars at stake, employers and health plans cannot afford to make decisions based on bad data from inexperienced vendors. Meanwhile, life sciences and pharmaceutical organizations strive to answer complex research questions, but incomplete siloed data often gets in the way. Regardless of the industry, these organizations need insights they can trust.
That’s exactly the quality that ties together our portfolio of healthcare data and analytics solutions. The ability to offer accurate data you can trust, backed by 40+ years of deep healthcare analytics expertise, is the reason why customers choose and stay with our products – some for over 30 years. As one client told us, “I always trust the data you give me.”
That’s also why we re-introduced Truven as the portfolio name. A steady presence across years of turbulence in the healthcare industry, Truven is the brand that introduced first-in-the-market and time-tested solutions for healthcare data, analytics, price transparency, and benefits plan selection.
Given that this year marked several important developments in our products, it was the perfect time to embrace our legacy of innovation. Benefits Mentor and Treatment Cost Calculator continue to be essential tools for consumers grappling with rising healthcare costs and complex regulations. And our flagship solutions, Health Insights and MarketScan, both celebrated major launches. More on that below.
Our innovation doesn’t stop there, just last week, Morgan Health announced its investment in Merative as part of its mission to help employers improve the quality, affordability, and equity of healthcare by improving access to data. Read announcement
Insights for employers, health plans, and advisors
This year, we doubled down on the qualities that have made Health Insights a leader in the healthcare analytics industry: best-in-class data quality, innovative advanced analytics, and proven expertise. On top of that, we released enhancements that make it even easier to find real-time trends, drivers, and insights, regardless of analytics skills, including:
- Pre-configured interactive dashboards for quick insights
- New self-service tools to explore data
- Integrated reporting for easy collaboration
- Cloud architecture for enhanced performance
- Modernized data pipeline for faster time to insights
With the enhanced Health Insights, everyone across the organization – especially business users – can surface actionable insights with even more confidence and speed. We’re confident in what we’ve built and are eager for users to begin their analytic exploration, receiving feedback like, “I love the new version! It makes things easier, provides me more flexibility, while keeping all the power that I have grown to rely on.”
Try Health Insights demo
Data linking for a complete view of health
In 2024, we introduced new specialty datasets and established key partnerships to strengthen our MarketScan databases and get us one step closer to uncovering the complete picture of patient healthcare.
We joined forces with Veradigm to introduce the Linked Claims + EHR Database. This database provides a comprehensive view into patient journeys, healthcare utilization, and costs – while maintaining scientific and methodological rigor. It enables researchers to support various initiatives, such as regulatory studies, burden of illness studies, pricing and reimbursement submissions, and budget impact modeling.
We also launched the Mortality Database, enabling researchers and healthcare professionals to evaluate mortality as a potential outcome in various studies, enhancing the breadth and depth of their research. This new database integrates vital mortality data, including the year and month of death, with detailed enrollment and claims data.
Looking ahead to 2025
Healthcare affordability and beyond
Healthcare costs are expected to grow by 8% in 20251 – the largest projected increase in over a decade – and employer-sponsored healthcare costs are expected to rise 9%.2
We invite you to join our 2025 trends webinar, where we’ll present original data and expert commentary on healthcare affordability trends. Designed for payers, we will highlight key cost drivers, such as weight loss drugs and behavioral health, and provide perspectives on emerging issues that bear watching, including the evolving federal regulatory landscape.
Register now
New data is on the horizon
We stay in lockstep with our clients to ensure we are providing the necessary databases to help answer most pressing questions. MarketScan is already the most comprehensive source of healthcare data, but our new enhancements will help customers get to the heart of specific questions around unique populations. In 2025, we will be launching multiple new specialty databases to expand insights into the health and wellbeing of various populations. Stay tuned to see which databases are becoming available for healthcare research and exploration in the new year.
As I reflect on the growth and progress we’ve made this year, I am filled with immense pride and gratitude for our dedicated team, partners, and clients. We are more committed than ever to driving meaningful change in healthcare through data and analytics. The future is bright, and we’re thrilled to continue this journey in 2025.
