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HCCIntelligence™ Recording: Data Analytics: The Ke ...
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This document discusses the use of data analytics in home-based medical care to achieve growth and quality. The presenters, including Thomas Lally, MD, Rebecca Ramsay, MPH, BSN, and Aaron Yao, PhD, discuss the challenges of shifting to value-based care and how data analytics can be utilized for success in home-based care. They describe the insights that can be gained from home care data for decision-making about markets, performance, competitors, referrals, partnerships, and clinician recruitment.<br /><br />The panel explains the importance of data analytics and how it can be used to benchmark performance, identify opportunities for improvement in quality and revenue, enhance clinician staffing and recruitment, gain insights into patient referral patterns, and inform due diligence for practice acquisition. Data analytics can also support ACO network expansion, prepare for the industry transition to value-based contracting, and aid in payer negotiations.<br /><br />The document highlights Confer Analytics, which offers 35 dashboards related to home-based medical care, including demand, supply and performance, partners, referrals, billing, Medicare advantage, hospice, home health, connected care, and hospital at home. The dashboards provide various data points for analysis and further insights.<br /><br />The presenters delve into specific examples of the insights gained from data analytics, such as individual and practice level population health performance, referral patterns, hospital discharges to home health, and market competition in different regions. They emphasize the importance of understanding market competition and refining strategies to empower growth.<br /><br />Overall, this document underscores the significance of data analytics in achieving growth and quality in home-based medical care. It provides examples of the insights that can be gained from analyzing home care data and highlights the various applications of data analytics in decision-making, performance measurement, and strategic planning.
Keywords
data analytics
home-based medical care
growth
quality
value-based care
insights
markets
performance
competitors
referrals
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