Real health systems. Real data. Real opportunities.

We analyzed Medicare data from hundreds of health systems using the 3M™ Performance Matrix Platform. From just 10 health systems, we found over $1B in cost-savings opportunities.

Are operational inefficiencies draining your health system’s resources? And what impact does this have on the quality of care you deliver?

These are the kinds of questions that brought 3M Health Information Systems and Verily Life Sciences together. 3M has decades of experience in health data, and Verily has deep understanding of analytics engines. It’s a perfect match for tackling these important and costly questions.

We investigated health system performance against several key quality benchmarks, identified the preventable issues, and finally created a prospective savings opportunity analysis for every hospital in the U.S. healthcare system. The tool we developed for this work is the 3M™ Performance Matrix Platform—a performance management solution that can analyze health data from hundreds of health systems.

What approach did we take?

All data was risk-adjusted using 3M’s proprietary methodologies to assign each patient to a clinically meaningful risk category. Risk-adjusting the data provided a standardized view of the patient population, making it possible to accurately compare performance against risk-adjusted national benchmarks. Underperformance is illustrated by its financial impact on the organization.

The methodologies used include:

Payment methodologies

Payment methodologies

• 3M™ All Patient Refined DRG (APR DRG) Classification system – The 3M APR DRG System is widely used throughout the United States to adjust inpatient claims data for severity of illness and risk of mortality. The software is used by commissions and over 30 state agencies for risk-adjusted quality reporting and payment. Because they use readily available data, the cost-effective 3M APR DRGs help organizations avoid additional, expensive data collection outside of the normal coding process.

• 3M™ Enhanced Ambulatory Patient Grouping (EAPG) Classification System – The 3M EAPG System classifies outpatient care into patient groups and categories based by key procedures and primary diagnosis code. It consolidates multiple single procedures into a bundle and packages ancillary services together with the significant procedure, where appropriate. 3M EAPGs are a powerful tool for calculating expected payment under an outpatient prospective payment system. They also provide a useful metric for benchmarking, analytics, reporting, case management and care coordination.
Clinical methodologies

Clinical methodologies

• 3M™ Clinical Risk Groups (CRG) – 3M CRGs are a population classification system that uses inpatient and ambulatory diagnosis and procedure codes, pharmaceutical data and functional health status to assign each individual to a single, severity-adjusted group. Each 3M CRG represents a clinically meaningful group of individuals who require similar amounts and types of resources. 3M CRGs can be used both to predict future healthcare utilization and cost (prospective) and explain past healthcare utilization and cost (retrospective).
Quality methodologies

Quality methodologies

• 3M Solutions for Potentially Preventable Events (PPE) – 3M PPE software identifies avoidable and unnecessary care. The focus on "potentially preventable" events gives organizations actionable information to make improvements where they can have the greatest impact. The full suite includes: 3M™ Potentially Preventables Readmissions Software, 3M™ Potentially Preventable Complications Software and 3M™ Population-focused Preventables Software.

Let 3M help you convert challenges to financial opportunities.

Today’s healthcare environment is continually increasing pressure on healthcare providers to maximize clinical and operational efficiencies. From payment reform to the rise of consumerism in health care, health systems must find ways to provide higher quality care at reduced costs.

The 3M™ Performance Matrix Platform identifies, quantifies, and prioritizes a health system’s most pressing issues to help providers convert challenges to opportunities.

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What benchmark measures were evaluated?

Click the dots for a description of each measure

Click the dots for a description of each measure

We’ve highlighted a sample of ten healthcare organizations we analyzed, ranging in size from a one-hospital system in the Midwest to a nationwide IDN with more than 50 hospitals. Click on the profile that matches your organization’s size to see what prospective savings opportunities we uncovered.

Health system profile: