Welcome to the latest #DataRX Report, a weekly digest of interesting news and trending topics in the healthcare industry. Every Friday we're pulling together the best articles and insights to keep payors and providers informed, engaged and up to date on the headlines that are impacting the industry.
The IT Transformation Health Care Needs
Health care is trying to shift from a wasteful system to one that spends much less. Is IT the answer to bending the cost curve? Harvard Business Review thinks so, catch up on the story here.
Prescription for Payors
Predictive analytics power cyber-insurance industry
Today, insurance companies need to innovate to survive. Learn more about advances in AI and machine-learning technologies that have given insurers the ability to predict risk.
Using Health IT to Meet Medicaid Population Health, Socioeconomic Needs
Transitioning to value-based care and reimbursement means chipping away at stubborn relics of fee-for-service delivery that made it uniquely difficult to address the high socioeconomic needs of complex patients. Here’s how innovative Health IT tools are making progress.
Adding Telehealth, Remote Care Benefits into Health Plan Options
Many health plans are starting to offer Telehealth to increase customer service and member satisfaction. Telehealth provides a remote care option for consumers to receive checkup, preventive care and non-critical services without having to leave their homes. Keep reading to find out about the challenges and benefits associated with Telehealth.
Prescription for Providers
What Are a Hospital’s Costs? Utah System Is Trying to Learn
Dr. Vivian Lee questioned how much goods and services cost at the University of Utah Health Care. Several years after the initial question, the hospital is getting answers, which is saving money and improving care. Read more to find out how they cut costs by 30%.
Hundreds of billions of dollars are being wasted in the United States alone from “low-value care” and there has to be a better way. Find a better healthcare data solution here.
Value-based care is complicating provider revenue cycles
Value-based reimbursement agreements are being used more often, which is making the revenue cycle more and more complex. Learn more about the complexities involved in the revenue cycle.