Big Data in Healthcare

Flaws Found in Recent 340B Study? AHA Responds To NEJM

2018-02-06T20:07:26-04:00By |Big Data, Managed Care, Trends|

The shift under way in payment in US health care - from volume to value - has sparked interest in new contracting arrangements to pay for prescription drugs. The objective of these new arrangements is to reward successful outcomes of medication use in patients, rather than pay based on the volume of drugs sold. Unfortunately, value-based contract barriers stand in the way of one approach to managing drug costs and obtaining better value for money spent. However, achieving the full potential of these contracts will necessitate regulatory and other changes.

Asthma Management Costs: $80 Billion Annually To Breathe Easier

2018-01-16T21:13:15-04:00By |Big Data, Financial Analysis, Health Insurance, Lean Management|

Asthma costs the U.S. economy more than $80 billion annually in medical expenses, missed work and school days and deaths, according to new research published in the Annals of the American Thoracic Society. Healthcare leaders’ continuing efforts to alleviate the trending asthma management costs will have long-term benefits for patients and providers alike.

Survey Finds: 20% of Physicians Prefer Hospital Employment

2018-07-24T18:53:08-04:00By |Big Data, Clinical Analysis, Physician Compensation, Strategic Planning, Trends|

The AMA's latest National Economic Impact of Physicians report provides data that can be used by key health care policymakers, legislators and thought leaders. It also demonstrates how physician practices both ensure the health and well-being of communities as well as support local economies and enable jobs, growth and prosperity.

Premature Death Rising: Stakeholders Combat Challenges

2017-12-28T01:29:32-04:00By |Big Data, Health Care Reform, News and Events, Strategic Planning, Trends|

America’s Health Rankings Annual Report, now in its 28th year, provides a holistic view of the health of the nation and of each state by analyzing 35 measures of behaviors, community and environment, policy, clinical care and outcomes data. The rise of premature death is a concern shared by health care professionals, payers, and leadership as well as their members.

Healthcare Consumer Engagement Gap With Payers: They Want…?

2017-10-30T15:05:35-04:00By |Big Data, Health Insurance, Physician Advisor/Peer Review, Trends|

Change Healthcare (CH) announced payer insights revealed in The Engagement Gap: Healthcare Consumer Engagement in 2017, a new national study of 89 payers, 251 providers, and 771 consumers. CH asked payers about the factors influencing their consumer-centric initiatives, and how these strategies are altering their organizations. Health plans surveyed were generally aligned in pointing to value-based care as the primary factor driving their focus on consumer-centricity, with 74% reporting it as the leading factor.

Health Plans Encourage Wearables; Few Integrate Data

2017-10-10T21:06:45-04:00By |Big Data, Clinical Analysis, Healthcare Preventitive Care, Quality Improvement Programs|

While health plans encourage wearables, the assessment of the benefits of wearables has been the target of several recent studies. Researches are interested in discovering the “stickiness” of the devices and their effect on wellness program success. The studies note that the Inside employer and payer wellness programs as well as the independent user reflect positively.

Health Plans Hit New Low: 360° View Of Trust In Healthcare

2017-10-03T19:26:16-04:00By |Big Data, Physician Advisor/Peer Review, Trends|

Findings from the 11th Annual ReviveHealth Trust Index™ reveal trust in healthcare is dismal across the board, and trust in health plans hit new low. The survey represents the first 360-degree view of trust in healthcare – digging into consumer, physician, health plan, and health system executives’ views of each other – showing the industry as a whole has a long way to go. Factors driving widespread distrust in health plans by provider organizations include the hassle of doing business with payers and a lack of progress toward new models of payment and care. Consumers feel slighted by health plans as well, compared to the higher trust ratings in physicians and hospitals.

Healthcare Payer Operations Improve With More Data

2017-09-20T17:53:15-04:00By |Big Data, Financial Analysis, Healthcare IT|

As healthcare payer operations integrate new practices to align with the value-based care paradigm, payers are critically challenged with identifying root causes to solve issues in order to improve and sustain performance. BHM Healthcare Solutions play a critical role in a larger operational system and offers two resources for consideration when reviewing the larger payer operational landscape.

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