Improving Healthcare Outcomes & Cost of Care

Improve healthcare outcomes and identify trends related to various cost drivers for patient care 

Analytics tools from xtLytics enable organizations to improve healthcare outcomes and identify trends related to various cost drivers for patient care, including those that appear unusual because they deviate from expectations or from levels reported by peer organizations. For instance, payers should identify providers, health conditions, and patient types where costs have been much lower than expected.

Companies can evaluate total costs for the highest performers, including those related to readmission, administrative tasks, and laboratory work. And companies can quantify the metrics that define best-in-class performers, initiate programs to communicate them, and create incentives to meet these standards.

Applications and analytical tools from xtLytics can help organizations to:

Improve Health

    • Performance Measures: Quickly view performance measures and direct your attention to under-performing cost drivers of patient care
    • Feedback: Insights leading to better understanding of what aspect of the patient interaction might be lacking
    • Pre-Screening: Have better patient outreach based on who need preventive health screenings such as mammograms and colorectal screenings
    • Improving outcomes by examining vitals from at­-home health monitors, and then proactively contacting patients when abnormalities are detected
    • Driving consumer empowerment, involvement and responsibility by providing individuals with the information they need to make informed decisions
    • Managing population health by detecting vulnerabilities within patient populations during disease outbreaks or disasters, and then taking preemptive action
    • Identifying the correlation of factors that influence health outcomes

Reduce Cost of Care

    • Predict: Reduce adverse drug effects by preventing Medication Errors
    • Risk & Outlier Analysis: Analyze outliers cost variability and their experience/procedures/lab test to refine payment policies
    • Identifying treatments, programs and processes that are not delivering demonstrable benefits or are costing too much, and then determining how to replace them with more efficient and effective options
    • Building sustainability into a health system by bringing clinical, financial and operational data together to analyze resource utilization, productivity and throughput
    • Building and maintaining innovative health IT systems and mobile technologies that enable collaboration and easy, secure remote access to patient records

Reduce Readmission

    • Care Gap: Opportunity for providers to look at the patient before being seen and take preventative care steps as appropriate while the patient is in the office
    • Behavior change: Look at provider’s patient population risk, drug compliance details, and reduce readmission with improved medication adherence
    • 30 day’s readmission prediction and action plan to reduce re-admission
    • Reducing re-admissions by identifying environmental or lifestyle factors that increase risk or trigger adverse events and adjusting treatment plans accordingly