In the ever-changing healthcare industry, we implement proven data solutions to everyday challenges so doctors can focus on what matters most—providing excellent care to patients.
With the recent shift to electronic medical records along with the universal emphasis on digital data collection (patient records, billing systems, even wearable device data), there is opportunity to improve healthcare in a variety of ways. From private practices bogged down in paperwork, with less time to spend with patients, to community health initiatives looking for ways to connect with people in order to make their lives better, there are many ways that data analysis can positively impact the healthcare industry and improve lives.
- Propensity Scoring
- Financial Reporting
- Drug Utilization Analysis
Consumer Analytics: New/Propensity Scoring
One of the biggest challenges facing blood banks is finding enough donors to maintain an adequate blood supply for all blood types. When overall supply or the supply of a particular type is too low, it is imperative to reach out to eligible donors. However, due to the urgent nature of the need, there may not be enough time to personally reach out to needed donors. We’ve created predictive models that help blood banks prioritize contact with donors based on which ones have the highest propensity to respond to the call. This way, call centers can more effectively contact donors in order to meet the day-to-day needs of the community’s blood supply.
Oncology Analytics: Auditing
Accounting within the healthcare industry can quickly become very complicated due to changing rules and regulations, interactions with a wide variety of insurance providers who reimburse at different rates, and constantly changing drug costs. Oversights can, and do, happen. We have developed solutions to ease the burden on accounting departments, and offer comprehensive data-driven auditing services to make sure hospitals and private practices are being reimbursed correctly. In a recent audit, we discovered an oversight that saved the practice millions due to an insurance reimbursement oversight.
Oncology Analytics: Drug Utilization Analysis
Cancer is a complicated disease; thankfully, there are many treatment options available to patients and their doctors. However, due to changing healthcare regulations, reimbursement schedules, and drug pricing, finding the treatment that works for a given patient, both clinically and financially, can be quite a challenge. Two treatment plans may be virtually identical in efficacy, but may differ significantly in reimbursement amount and cost to the patient depending on their insurance plan. We’ve developed a tool that gives physicians a more complete view in order to make treatment decisions that are best for each individual, from both a financial and clinical standpoint.