Success Story: Large Midwest health plan maximizes employer client value with improved analysis and reporting
A unique requirement of running a successful health plan is staying current on the needs, trends and metrics of employers in vastly different industries. Though homegrown reporting solutions can be effective for a time, eventually client list growth and shifting demands pile up – and a more robust, comprehensive approach is needed. Enter: MedeAnalytics.
The Challenge:
As this innovative health plan’s membership expanded to over 1M, leadership started noticing more inefficiencies, unnecessary costs, and unsatisfactory client reports. The organization turned to MedeAnalytics to get sophisticated data analysis, deep levels of understanding regarding trends in target populations, and self-service reporting. It also hoped to reduce clients’ need for ad-hoc reports.
The Solution:
MedeAnalytics Employer Reporting capabilities enabled the health plan to:
- Access accurate data anytime, and from anywhere, to ensure sound decision-making
- Rely on user-friendly, flexible report customization to inform organization-wide action plans
- Allow departments to be self-sufficient in their reporting
The health plan also intends to further collaborate with MedeAnalytics to achieve other important goals.
Measurable Impact:
This Midwest health plan used MedeAnalytics Employer Reporting to meet the needs of employer clients through automated, detailed reporting. The implementation of Employer Reporting quickly drove:
- 40-45% reduction in ad-hoc client requests
- improved client satisfaction and positive user reviews
- significant time savings in data analysis and reporting processes
- accessibility, accuracy, and consistency throughout the organization
“We wanted to look at what we had been delivering and then decide on the best course of action moving forward. That’s why we chose MedeAnalytics.” – Reporting Manager
To read the full story behind the numbers, download the case study.
Get our take on industry trends
Gamification in healthcare only works if you can measure it – here’s how
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
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
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?
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...