Best Practices for Harnessing the Power of Healthcare Data
Webinar Speaker: David Stodder, Senior Director of Research for BI, TDWI
Date: Tuesday, February 22, 2022
Time: 12:00 p.m. PT, 3:00 p.m. ET
Like many industries, healthcare is experiencing a data explosion, and it’s happening in the context of unprecedented challenges brought on by the COVID-19 pandemic. New data sources such as online care applications, electronic health records, self-care devices, robotics, and digitally transformed processes are upending traditional provider and payer practices. Healthcare payers in particular are in the middle of industry upheavals, not to mention rising costs, regulatory changes, and the shift to value-based reimbursement. The changes affect insurance firms, plan administrators, and governmental organizations.
Healthcare payers need to harness data to drive reporting, analytics, and AI/ML for business insights so they can increase efficiency in claims processing, revenue tracking and collection, rate negotiations on behalf of patients, evaluations of providers and treatments, and updating of benefit plans. Organizations need efficient and effective data sharing to meet complicated and aggressive compliance and regulatory reporting required by government oversight agencies. These duties often fall to the same analysts who organizations are asking to generate new business insights from the data.
Join this TDWI Webinar to learn how healthcare payer organizations can harness the power of data and share data more effectively with government agencies as well as providers and other stakeholders. We will discuss key trends such as cloud data management, data sharing, and getting the most out of all the data for 360-degree views of patients and real-time insights.
Topics we will discuss include:
- Overcoming legacy data infrastructures that limit collection, storage, sharing, and analytics
- Improving efficiency in meeting data sharing and reporting requirements while enabling valuable data sharing with essential stakeholders
- Best practices for generating timely business insights from data to lower costs, reduce fraud and abuse, sharpen forecasting, and streamline processes
- Data transparency for single, 360-degree views of patients and other subjects of interest
- Governance and security best practices