Getting the Bigger Picture on Chronic Conditions

Managing the cost and care associated with chronic conditions remains a top priority for both payers and providers. Consider the facts:

  • The prevalence of chronic conditions:
    • Half of all adults have one chronic condition.
    • A quarter of all adults have two or more conditions.1
  • The impact of comorbid behavioral health and medical conditions:
    • 86% of the country’s $2.7 trillion in annual healthcare expenditures are for people with chronic and mental health conditions.2
    • Average annual costs, including medical, pharmaceutical and disability costs, for employees with depression may be 4.2 times higher than those incurred by a typical beneficiary.3
    • The rate of noncompliance to prescribed treatments is three times greater with depressed patients4

While conditions like diabetes, heart disease, and asthma account for a significant portion of U.S. healthcare spending, they are often preventable or manageable through lifestyle choices, early detection, and proactive care. As a result, the shift to value-based care has prompted healthcare organizations to look beyond chronic condition management and get the bigger picture on factors affecting their patient populations like identifying opportunities for preventative care.

This movement toward population health—monitoring groups or individuals across the care continuum—requires increased data collection, sharing, and collaboration between payers and providers to align and achieve goals.

Often, data is fragmented and housed in multiple disparate systems, creating inefficiencies and missed opportunities to intervene and engage with at-risk individuals before chronic conditions develop. The power of prevention can be found in turning knowledge into action. Advanced analytics not only helps organize disparate clinical, financial, and operational data, but also offers a more holistic view of patients—identifying targeted opportunities to close gaps and deliver quality, coordinated care.

There are three key ways MedeAnalytics Population Health can help manage chronic conditions:

  • Look for specific markers indicating that a patient is potentially at risk for a chronic condition
  • Identify areas that could be problematic in specific sub-populations such as medication non-compliance
  • Monitor effectiveness of care management and wellness programs

Learn more about MedeAnalytics Population Health or to see what the solution can do for you, request a demonstration.

 

 

1https://www.cdc.gov/chronicdisease/about/multiple-chronic.htm
2https://www.cdc.gov/chronicdisease/about/costs/index.htm
3https://www.who.int/mental_health/media/investing_mnh.pdf
4https://www.ncbi.nlm.nih.gov/pubmed/10904452

MedeAnalytics

MedeAnalytics is a leader in healthcare analytics, providing innovative solutions that enable measurable impact for healthcare payers and providers. With the most advanced data orchestration in healthcare, payers and providers count on us to deliver actionable insights that improve financial, operational, and clinical outcomes. To date, we’ve helped uncover millions of dollars in savings annually.

Leave a Comment





Get our take on industry trends

Use data to take meaningful action this Nurses Week 

Go beyond recognition: Use data to take meaningful action this Nurses Week

May 10, 2021

Since 1994, America has observed National Nurses Week annually from May 6-12. This year more than ever before, it’s critical that healthcare organizations go beyond recognition and start taking action to more effectively support and serve nurses.

Read on...
The future of digital health part 4: Convergence of AI and analytics for healthcare payers

The future of digital health part 3: AI, machine learning and robotics

May 4, 2021

This post is part three of a new series featuring healthcare visionary and thought leader Andy Dé. In this series, Dé discusses how COVID-19 has triggered remarkable digital transformation and uncovers five, long-term innovation implications that providers, healthcare leaders, and payers need to consider.

Read on...
The future of digital health part 4: Convergence of AI and analytics for healthcare payers

The future of digital health part 2: Digital patient engagement and virtual healthcare delivery

April 27, 2021

Protecting the health, well-being and safety of healthcare practitioners and first responders is paramount — and will accelerate adoption of Digital Patient Engagement (DPE), enabled by Virtual Healthcare Delivery (VHD) solutions (also known as “Hospital at Home.)”

Read on...
You're asking too much of your EHR

You’re asking too much of your EHR

April 8, 2021

Electronic Health Records (EHRs) are purported to do a lot of things to support healthcare providers, and most of their claims are generally accurate. Of course, like anything, there are many areas where EHR vendors could and should make improvements.

Read on...