The Real Payback of Healthcare Analytics: Key Questions from Healthcare Leaders Around the Nation

MedeAnalytics hosted a Fierce Healthcare webinar featuring key senior leaders from three preeminent healthcare organizations in the U.S: At the conclusion of the webinar, several of the payer and provider attendees asked important questions of the expert presenters – including how to overcome analytics execution barriers, build widespread adoption efficiently, and more. Read on to…

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Transforming data into a competitive advantage for health plans is more important than ever. Rapid changes in the healthcare industry—such as new risk models, the uncertainty of the Affordable Care Act and game-changing mergers—are placing new obstacles on payers. The mounting pressure to support these industry transformations and the overall delivery of care has led to increased investments in analytics.

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Frequent utilization of the emergency department for non-emergent care remains a chronic challenge for health plans looking to improve costs and quality. Studies show that as much as 5% of the overall patient population seen in the ED accounts for as much as 18% of all annual emergency department visits. In addition, nearly 20% of ED complaints stem from mood disorders, and another 10% relate to alcohol use.

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MedeAnalytics was recently highlighted in Gartner’s Market Guide for Healthcare Provider Value-Based Performance Management Analytics (VBPMA). As noted in the guide, value-based performance management analytics solutions are the next-generation financial planning and modeling tools that health systems need to manage performance across volume, value, and risk-based contracts.

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According to a report from Dell EMC, healthcare data is growing astronomically, at a rate of 48 percent per year. In today’s healthcare economy, payers are looking to leverage that data to provide better service, more customized plans, and improved care for their members. Data analytics enable payers to harness data insights to bring better […]

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