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As the industry moves to value-based care, payers need access to data that improves quality and efficiency, reduces unnecessary care and improves outcomes. All while minimizing costs. That’s why 3M created a performance management platform that aggregates data, compares populations and calculates the total cost of care so payers have the complete picture. Organizations can derive valuable data insights to help drive sustainable process improvements.
According to Definitive Healthcare (a company specializing in gathering comprehensive information and analytics on health care providers), over the past eight years, the number of U.S. states and territories that have implemented value-based care programs has spiked: rising from three states in 2011 to 48 in 2018. See how 3M’s performance management solutions can help your organization.
Creating a solid data foundation by acquiring, aggregating and refining disparate information, health plans can help improve patient health outcomes and decrease their costs.
By analyzing a solid data foundation, identifying opportunities to improve performance and designing an appropriate program to meet goals and track progress, payers are empowered to make long-term, sustainable changes.
3M can help payers develop strategies that offer incentives to influence behavior change within a health care system, while allowing health systems to implement initiatives that best suits their population.
Want to know more? Check out what our clients and 3M experts have to say about our payer solutions.
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The transition to value-based care requires implementing a performance management platform that aggregates data, compares populations and calculates the actual cost of care. With this type of platform you can derive valuable data insights to help drive process improvement.
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