The 3M Strategic Opportunity Analysis is a comprehensive examination of health performance at the person, clinician and system levels, which can help health plans develop strategies to improve value.
The analysis is also a communication tool. Internally, it can help break down barriers between people, processes and programs, creating an environment ready to move to high value care.
Delivered by 3M experts, it is the beginning to conversations with those who can help bridge the gap for implementing specific programs and initiatives.
Value-based payments and shared savings arrangements between payers and providers require all parties to understand where the greatest opportunities exist to improve quality and reduce costs.
However, in today’s complex health care marketplace, many organizations make decisions from historical perceptions rather than data-based information. Also, competing priorities from different parts of the organization can interfere with progress toward cost and quality goals.
When health care organizations take a data informed approach to value, they can identify and prioritize sustainable programs and processes as well as achieve cost and quality goals.
The 3M Strategic Opportunity Analysis (SOA) provides an objective, informed and actionable view into health care payment and quality, which supports the development of initiatives that focus on the value of delivered care.
The 3M SOA aims to align the executive teams within an organization around a fact-based strategy to inform decisions around partnerships, payment design, benefit design, patient programs and more.
As a foundation for a focused strategy, the 3M SOA:
The 3M Strategic Opportunity Analysis helps executives, medical directors, and those in sales, marketing, and network relations:
This graph is an example of the insights uncovered with the 3M SOA. The graph illustrates how each accountable care organization (ACO) within a network has its own unique combination of cost and utilization rates that make up its total cost of care (TCC). Comparing risk-adjusted TCC across a network highlights opportunities to manage and improve TCC.
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