Whether it’s about gaining a competitive advantage, improving health outcomes, or reducing the total cost of care, health plans are building more holistic views of members’ interactions with the healthcare system. To do this, plans are investing in clinical data, which contains critical elements such as lab results and vital signs, to support use cases like the Healthcare Effectiveness Data and Information Set (HEDIS®) quality measures, risk adjustment, prior authorization, utilization management, and care management.
However, in many cases this valuable data is either not in place or is not being properly utilized. To capitalize on the potential, health plans must take a proactive approach to gathering and optimizing clinical data. To help optimize your clinical data strategy, here are the top questions you should ask when evaluating clinical data assets.
There are several different ways in which clinical data is collected ranging from electronic health records (EHRs), health information exchanges (HIEs), and other clinical research data sets abstracted from medical records. These datasets have unique interactions with specific systems and processes, making them extremely valuable but challenging to access.
Several determinants shape your organization’s position in its clinical data journey. Evaluating these factors will play a crucial role in guiding future investments and leveraging clinical data to drive downstream value. Key considerations include:
Reviewing data rights policies is important for health plans that want to foster clinical data sharing as it ensures compliance with regulatory requirements, facilitates collaboration and data-driven healthcare, increases access to data, and promotes patient-centered care.
Market forces are compelling – and inspiring – health insurance providers to acquire digital clinical data and make it available to members and usable across the enterprise Centers for Medicare & Medicaid Services (CMS) mandates require government-sponsored plans to provide members access to their health data using the Health Level Seven International® Fast Healthcare Interoperability Resources (FHIR®) standard. Risk adjustment is more accurate with access to diagnoses and other clinical factors that don’t appear on claims. HEDIS scores and Star Ratings depend on clinical data such as test results and vital signs to identify and address care gaps.
Despite the need for and availability of clinical information in digital form, the reality is that raw data collected from EHRs, HIEs, labs and other sources can’t be seamlessly incorporated into analytics or real-time transactions. Poor data quality and the need to integrate data from multiple sources to complete each member’s health picture pose enormous challenges.
After acquiring clinical data, it must be integrated into data management systems and normalized, enriched and deduplicated for successful deployment across downstream applications. Using traditional approaches to handle vast magnitudes of clinical data is extremely complex, costly, inefficient, and limiting. Using the Operational Cost Avoidance Model, we estimate it could cost a mid-sized health plan up to $75 million for manual resources to perform data improvement functions.
Our customers and partners are levering our automated data transformation engine, Availity Fusion™, to produce data that’s normalized to national standards, interoperable, deduplicated, consolidated into a longitudinal record, and available in fit-for-purpose data packages for flexible deployment at scale. Availity Fusion accelerates the usability of clinical data across many data enterprise organizations, including health plans, HIEs, and technology partners, as well as supports clinical data compliance with CMS.
The evolving healthcare marketplace and cloud-based technology landscape can make it challenging to find the right data solution. Based on extensive work with health plans across the industry, we’ve outlined critical features to look for in a clinical data integration and interoperability solution:
Investing in clinical data can be considered an investment in innovation because it can support the development and implementation of new technologies, processes, and approaches to healthcare delivery. Some specific ways that investing in clinical data can drive innovation include:
To learn more about how clinical data can be a powerful, strategic asset when it’s actionable, accessible, and prepared for use, download our 2023 Clinical Data Integration Buyer’s Guide.