The costliest 1% of all patients in the US consume 20% of the nations’ healthcare spending. At the same time, health system wastage is about $765 billion each year – about 30% of the overall healthcare spending. Against this backdrop, the need of the hour is a powerful tool like Health Analytics that identifies the following:
- Patient segments which have gaps in care
- Behavioral anomalies like medication non-adherence
- Inefficiencies in health services delivery
ValueLabs’ Health Analytics Solution helps you do all the above by making evidence-based business decisions through next generation analytic capabilities.
Our solution incorporates data integration across multiple sources, formats and stakeholders. Further transformations are carried out to arrive at a longitudinal view of the patient’s data. To handle multiple scenarios and pain points, ValueLabs has prepared a large repository of scores including risk scores, care gaps, service utilization and medication patterns, and cost distributions. These scores allow summarization of patients’ journeys and provide a comprehensive view of them, thus enabling care managers to take real-time care actions. Understanding the relationship between these features through predictive analytics further allows formulating preventive actions and programs.
Some of the key highlights of our Health Analytics solutions include: