How data can save value-based care

How data can save value-based care

A unified data ecosystem will provide the foundation for the next generation of patient-care technology. A combination of comprehensive data, sophisticated analysis and rigorous modeling are essential to unlocking the potential of value-based care. Yet without a culture of information sharing and the unification of individual datasets, healthcare organizations will be limited in how they can most effectively develop an equitable framework to allocate risks and rewards among participants. In the 13 years since the passage of the Affordable Care Act, healthcare organizations and other stakeholders have recognized that tracking key performance indicators such as readmission rates, average length of stay and patient satisfaction are insufficient to realize the full potential of a patient-centered care experience. In the 13 years since the passage of the Affordable Care Act, healthcare organizations and other stakeholders have recognized that tracking key performance indicators such as readmission rates, average length of stay and patient satisfaction are insufficient to realize the full potential of a patient-centered care experience.

Medigy Insights

A unified data ecosystem is essential for the development of the next generation of patient-care technology. Comprehensive data, sophisticated analysis, and rigorous modeling are necessary to unlock the potential of value-based care. Healthcare organizations need to establish a culture of information sharing and unify individual datasets to most effectively develop an equitable framework for allocating risks and rewards among participants. Despite the recognition by healthcare organizations and stakeholders over the 13 years since the Affordable Care Act's passage that tracking key performance indicators such as readmission rates, average length of stay, and patient satisfaction is inadequate for realizing the full potential of a patient-centered care experience.


Next Article

Did you find this useful?

Medigy Innovation Network

Connecting innovation decision makers to authoritative information, institutions, people and insights.

Medigy Logo

The latest News, Insights & Events

Medigy accurately delivers healthcare and technology information, news and insight from around the world.

The best products, services & solutions

Medigy surfaces the world's best crowdsourced health tech offerings with social interactions and peer reviews.


© 2024 Netspective Foundation, Inc. All Rights Reserved.

Built on Dec 20, 2024 at 12:59pm