Shannon Shallcross is a healthcare strategist who believes that data interpretation holds the key to solving healthcare’s toughest challenges. She has served as an executive in the insurance and health industries over the past decade and has advised a broad range of Fortune 500 clients. As the co-founder and CEO of BetaXAnalytics, her company uses the power of data science “for good” to improve the cost, transparency and quality of healthcare.
BetaXAnalytics has been named one of “7 Startups to Watch” in 2018 by RI Inno and they are the recipient of the “50 on Fire” innovation award. The company has built a custom data analytics platform as well as tools to measure population health, medication adherence, as well as health risk measures among a variety of disease states. Most notably, they built a tool that uses natural language processing to scan through millions of doctors notes and faxes to identify incorrect patient coding. Most recently, this technology produced a $1.3 million discovery in corrected HCC risk scores to increase CMS reimbursements for a New York-based health plan.
Shallcross began her career with a $5 billion national insurance company where she spent 12 years running sales and service operations in 18 states with over 300 indirect reports. After just 6 years, she became the youngest female employee in the company’s history to be elected a Corporate Officer.
She headed client service as the National Vice President of Client Management for Provant Health, a leading health and wellness company. In this role, she led a team of executives and service professionals across the country and directed client management to the company’s largest clients, including JPMorgan Chase, Disney, and Google.
Shallcross was confirmed by Governor Gina Raimondo as the HIPAA Compliance expert for the State of Rhode Island Department of Health’s Health Information Exchange (HIE) Advisory Commission which oversees the administration of CurrentCare, the state’s HIE that connects patient health information across health providers in Rhode Island.
In addition to her contributions to the State of Rhode Island’s HIE Advisory Commission, Shallcross sits on the board of the CharterCARE Foundation, Lady Project, and the Rhode Island Philharmonic Orchestra and Music School, where she co-chairs the Board Resources Committee.
A TEDx speaker, Shallcross has been recognized as a 40 Under Forty award winner by Providence Business News for career and community accomplishments. As a polyglot in data, technology and healthcare, she’s authored numerous articles, including “The Future of Healthcare is 3 Letters: CVS” and “Dear Employer: High Deductible Health Plans are Making People Sick.” She’s been quoted by RI Inno and Harvard Business Review. She graduated with a double major in International Business and Management and French from Dickinson College and she has a Master of Science Degree in Insurance Management from Boston University.