Posts Tagged ‘health analytics’

Infographic: The Prescription for Getting ROI From Analytics

July 26th, 2017 by Melanie Matthews

As the amount of patient data increases, healthcare organizations are investing in healthcare analytics solutions, according to a new infographic by IBM. To allow organizations to draw complex data insights from intricate, personal and rapidly changing data, healthcare organizations can benefit from a complete business intelligence (BI) solution.

The infographic looks at the trends driving this investment in analytics.

Health Analytics in Accountable Care: Leveraging Data to Transform ACO Performance and Results Between Medicare’s aggressive migration to value-based payment models and MACRA’s 2017 Quality Payment Program rollout, healthcare providers must accept the inevitability of participation in fee-for-quality reimbursement design—as well as cultivating a grounding in health data analytics to enhance success.

As an early adopter of the Medicare Shared Savings Program (MSSP) and the largest sponsor of MSSP accountable care organizations (ACOs), Collaborative Health Systems (CHS) is uniquely positioned to advise providers on the benefits of data analytics and technology, which CHS views as a major driver in its achievements in the MSSP arena. In performance year 2014, nine of CHS’s 24 MSSP ACOs generated savings and received payments of almost $27 million.

Health Analytics in Accountable Care: Leveraging Data to Transform ACO Performance and Results examines program goals, platforms, components, development strategies, target populations and health conditions, patient engagement metrics, results and challenges reported by more than 100 healthcare organizations responding to the February 2016 Digital Health survey by the Healthcare Intelligence Network.

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Providers and ACO Data Analytics: Too Much Information Is Not Helpful

November 22nd, 2016 by Patricia Donovan
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Collaborative Health Systems believes the health data it distributes to its physicians should speak to the challenges providers see in the market.

As the largest sponsor of Medicare Shared Savings Program (MSSP) accountable care organizations (ACOs), Collaborative Health Systems (CHS) has learned a number of lessons about the integration of data analytics and technology. Here, Elena Tkachev, CHS director of ACO analytics, outlines three challenges her organization has faced in the rollout of health analytics to its provider base, and some CHS approaches to these hurdles.

What are some of the challenges we have identified, and some solutions? Number one is the availability and access to timely and accurate data. This has been a challenge for us. As an insurance company, we have a very strong expertise and access to the claims information Medicare provides to us, but we did face the challenge of incorporating electronic medical records (EMRs) into our data. We have been taking a phased approach, where we continue only adding and enhancing our data. If you are not at a point where you’re ready to consume everything, it doesn’t mean you should not do it until you have all the pieces together. It’s better to start with something and then you can grow from that point and improve it.

The second is related to the technology and capability—the ability to aggregate all this different data from different resources and have it be meaningful. For us, it’s really an investment in having strong technology data architect subject matter experts as well as the tools that can help us with that.

The third is display of meaningful results. This has been a challenge and we’ve reiterated it. Since I first started at CHS, the reports have drastically changed, because we learned from our providers that too much information is not helpful; just giving someone a spreadsheet with a lot of columns is not very useful.

Providers would rather see information summarized, and less is more. It’s really important to have information be very clear. The data needs to speak to the challenges the providers see in the market.

Source: Health Analytics in Accountable Care: Leveraging Data to Transform ACO Performance and Results

http://hin.3dcartstores.com/Health-Analytics-in-Accountable-Care-Leveraging-Data-to-Transform-ACO-Performance-and-Results-_p_5185.html

Health Analytics in Accountable Care: Leveraging Data to Transform ACO Performance and Results documents the accomplishments of CHS’s 24 ACOs under the MSSP program, the crucial role of data analytics in CHS operations, and the many lessons learned as an early trailblazer in value-based care delivery.