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MA Plan identifies hidden cost drivers and recovers millions through deeper inpatient cost transparency
When a Midwest provider of MA plans was facing mounting costs that its legacy analytics capabilities could not explain, the organization sought help with analyzing utilization costs by facility, market and product, and surfacing trends and insights that could identify cost-saving opportunities. Without the ability to drill down into cost drivers, the unjustifiably high acuity … MA Plan identifies hidden cost drivers and recovers millions through deeper inpatient cost transparency
Research hospital executes a challenging shift to more cost-effective clinical care
When one of the country’s flagship research hospitals sought to shift from high-cost academic work to more cost-effective and sustainable clinical care, the organization began a restructuring designed to improve clinical and financial outcomes in its population of approximately 645,000 at-risk patients, with a focus on the Medicare Shared Savings Program (MSSP) and Medicaid. To … Research hospital executes a challenging shift to more cost-effective clinical care
From insight to action: What the value-based care survey reveals
Value-based care organizations face a difficult question: whether their teams can act on analytic insight consistently, within the data and workflows they operate each day. The Milliman MedInsight value-based care survey posed that question to a broad range of provider organizations. The responses show that most regard analytics as essential, while their progress toward operational … From insight to action: What the value-based care survey reveals
New report shows how healthcare payers are using analytics and AI to drive impact
Healthcare payers are making big investments in analytics, AI, and digital transformation with the goal of translating data into bottom line efficiencies and improved member experiences. For many payers, however, system integration, staffing, and improved data quality are needed to fully translate analytics investments into the operational gains they are seeking. Those are among the … New report shows how healthcare payers are using analytics and AI to drive impact
Beyond the model: How leading organizations will win under CMS LEAD RFA
A recap of our May 7 webinar If you missed our live session, “How leading organizations will win under CMS LEAD RFA,” don’t worry. My colleague Jonah Broulette, Principal and Consulting Actuary at Milliman, and I walked our audience through what’s actually new in CMS’s LEAD model, how it stacks up against MSSP, and the … Beyond the model: How leading organizations will win under CMS LEAD RFA
Data-driven payer strategies: Survey insights and solutions
Health plans are investing heavily in analytics and AI, but many still struggle to turn insight into meaningful action. Join MedInsight for a data-driven discussion of findings from our Payer Market Survey, and what they reveal about the widening gap between analytics ambition and operational impact. As margin pressures mount, organizations are prioritizing cost and utilization analytics like never before, yet effectiveness in managing … Data-driven payer strategies: Survey insights and solutions