patients into the medical facilities, this approach requires predictive insights and,
therefore, presents a big opportunity for
analytic solutions. Providers and thought
leaders have been talking about this use
case for healthcare analytics for quite
some time. The looming migration toward
a risk-based payment model where keeping patients in good health is rewarded
by CMS through the Shared Savings
program is now acting as the key driver.
Some commercial payers (e.g., WellPoint, Aetna) have followed suit.
MEDICATION NON-ADHERENCE: THE
$290 BILLION PROBLEM
In a research report, the New England
Health Institute (NEHI) has shown that
patients not adhering to their medication
regimen is a $290 billion problem in U.S.
healthcare [4]. Medication management
and improved adherence are not only critical tools to ensure hospital readmission
rates stay under control and providers
avoid penalties, but also to address compliance needs and financial incentives of
stakeholders in the healthcare value chain.
2013 Innovative Applications in Analytics Award
Finalist Presentations Online
Organizations want to take
advantage of tools and techniques
to improve their decision making
but don’t always know how to start.
View these on-demand videos from
top-notch analytics experts to
improve your analytics maturity.
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