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

Gamification in healthcare only works if you can measure it – here’s how

Gamification in healthcare only works if you can measure it – here’s how

March 17, 2021

In business and in sports, it’s all about teams. What teams can accomplish when they work together. How they can fail spectacularly when they do

Read on...
Pandemic fuels 2021 healthcare megatrends

Pandemic fuels 2021 healthcare megatrends

February 4, 2021

When I wrote about megatrends last year, the predictions were, naturally, forward-looking. Telehealth, for example, was important because of increased healthcare consumerism and the convergence of technologies to make its use quick and easy for payers, providers and patients.

Read on...

Measuring provider cost and utilization

January 19, 2021

No matter the time of year, payers and providers should work to agree on a shared source of truth when it comes to data. With the recent end of the year, it’s time to celebrate the new year (who isn’t ready to say goodbye to 2020?) and close the books, which includes the reconciliation of any shared savings or losses.

Read on...
Data visualization: A picture is worth a thousand…healthcare data points?

Data visualization: A picture is worth a thousand…healthcare data points?

January 12, 2021

The amount of data produced daily has grown exponentially with nearly 90% of the world’s data generated in the last two years alone. To ensure we can make sense of this data, analysts must find meaningful ways to present the information to their audiences.

Read on...