Today’s healthcare providers are under significant pressure to control costs for their patients. Veradigm Utilization Analytics, an add-on to Veradigm Risk Adjustment Analytics delivers visibility needed to monitor and manage Key Performance Indicators that track utilization and costs associated with contracts and provider groups. With Veradigm Utilization Analytics, accurate action can be taken to achieve improved and equitable health outcomes, resulting in an overall lower total cost of care. Veradigm Utilization Analytics supplies health plans and providers with the analytics and insights needed to identify targets for improvement. It empowers clients to take actions that can lead both to better healthcare and to improved financial outcomes.
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Tracking utilization (emergency department, inpatient, and readmissions) and minimizing lost revenue due to services occurring out of network is vital to high-performing value-based programs. Providing visibility into the types of services occurring out of network also assists in better contract and network design in the future.
Veradigm Utilization dashboards provide a spatial representation of where out-of-contract and out-of-network services are occurring, along with the associated specialties and locations. These details can be used to fill holes in your specialty provider network and/or geographic coverage to reduce leakage.
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