Healthcare analytics
Data that delivers on value.

Actionable healthcare analytics begins with data you can trust.

Whether you want to build programs for population health management or accountable care, experiment with new payment models, or forge community partnerships to improve market competitiveness, a solid data foundation is the place to start.

A comprehensive and reliable data asset allows you to confidently:
 

  • Transform the basis on which you pay providers in your network
  • Monitor and manage provider performance
  • Share member data with providers
  • Determine shared savings and performance goals and track progress toward achieving these goals
  • Data that paints a complete picture of care

    Building a single, reliable data asset involves acquiring, aggregating and refining data from multiple sources for a complete picture of care. While this may seem straightforward, it is a complex process that must be approached with intense care and skill. Your dataset will guide and support you in every effort to increase value, and if data integrity is not high, the result can be poor patient health outcomes and sunk costs.

    3M’s data warehousing and aggregation services use claims data to produce a dataset of reliable, actionable healthcare analytics on cost, quality, access and value—preparing you for the evolving world of value-based care.


From data to discoveries.

The foundation of all of 3M’s healthcare analytics is a claims-based dataset designed to deliver metrics you can put into action. It begins with our meticulous data intake and cleansing process. Then, data is risk-adjusted, grouped and calculated to provide information on cost, quality, access and value.

  • 1. Data Intake

    The data intake process involves securing and cleansing data from several sources (e.g., patient longitudinal records, claims data, health risk assessments, lab data, and HIE and public health data).
  • 2. Data Processing

    During data processing, 3M applies advanced algorithms to your raw data. This makes data suitable for measuring the value of care and predicting risks.
  • 3. Data Analysis

    The data analysis phase is when 3M runs several data integrity checks to assure the dataset is clean, complete and error-free.
  • 4. Data Asset

    The result is a claims database that helps you identify opportunities to improve value, design an appropriate program and track your progress. Depending on your goals, your dataset can be enhanced with predictive metrics, budget trends and preventable ED visits.

The latest news on healthcare data

  • What is cost in health care?

    Although cost is a common topic in health care, it is not commonly understood. As one man’s trash is another man’s treasure, similarly, in health care, one man’s cost is another man’s gain. Costs to a payer become revenue for a care provider, as do the co-payments and other shared costs paid by consumers. The perception of “cost” depends entirely on who is paying. Not only that, the definition of cost depends on who is measuring. And everyone measures it differently.

  • Some thoughts on risk measurement

    One reader of my latest blog on segmenting health care consumers asked me if I knew of any tools to calculate a person’s chance of developing a particular disease. That question got me thinking again about the topic of risk in health and disease. I pulled a copy of John Last’s Dictionary of Epidemiology from my office bookshelf for a proper epidemiologist’s definition of risk.

  • Will the first technology choices in design of population health be the most important?

    As the healthcare industry strives to converge all the data sources required to manage population health, the mass of data needed to do it well, and to both clinically and analytically inform, will require something of a science project. Let’s call it gravity. Dave McCrory first proposed the idea of “Data Gravity” back in 2010. The analogy is rather simple.


Stay up-to-date on health data news

Receive the latest news on healthcare data, metrics and technology.

Featured solutions

  • 3M℠ APCD Solution Suite

    The 3M APCD Solution Suite provides the tools and support necessary for developing and launching a statewide APCD, or other multi-payer database.

  • 3M℠ Intelligent Data Asset

    The 3M Intelligent Data Asset is a claims-based dataset that provides the foundation for value-based care programs. It takes raw claims data and turns it into information that can help optimize both cost and quality.

Call Us: 800-367-2447 Call Us: 800-367-2447 Contact Us
Follow Us
Change Location
United States - English