Predictive analytics for providers and payers
In this fast-paced industry, healthcare decision makers must go beyond the basic patient intelligence and visualizations to keep up with patient expectations and medical advancements. With predictive analytics, drive higher organizational standards, better provider performance, improved payer satisfaction, and service innovation.
While almost 80% of executives believe in the importance of advanced analytics, only 31% of hospitals have incorporated the technology for more than a year. With healthcare analytics solutions, proactively intervene to provide care plans and educate patients to improve patient care and outcomes while decreasing healthcare costs.
Healthcare analytics use cases
CLINICAL AND SURGICAL
Healthcare solutions at a glance
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HEALTHCARE ANALYTICS CASE STUDY
Analance predictions saves Pain Clinic $55,400 every quarter by rescheduling appointments at risk of cancellation.
Client often experienced appointments extending beyond the allocated time for medical visit, triggering subsequent patients in the queue to cancel their appointments. These unexpected cancellations led to revenue losses that added up every quarter.
EXPLORE THE SCENARIO
“Why didn’t we do this sooner?”
– COO, Pain Care Facility
Maximize data to find efficiencies wherever possible
Optimize patient care
Identify patterns in patient-doctor relationships and optimize the care team by automating repetitive workflows like information collection, symptom documentation, and blood work analysis.
Improve quality of care
Identify non-compliance issues by monitoring and analyzing in and out times, unusual infrastructure and facility usage, and long process and procedure times. Also, adhere to protocols and evolving standards.
Ensure healthcare facilities are well staffed to meet the healthcare needs of patients. Implement programs that enhance collaboration across different care settings to ensure patients in transition are cared for at all facilities.
Reduce patient churn
Analyze patient satisfaction surveys, feedback forms, and social media channels to identify service gaps patients are unhappy with. Implement organization-wide initiatives to improve service quality and boost patient satisfaction.
Prevent fraud and abuse
Payers can monitor provider activities such as tracking whether the number of office visits align with diagnoses or tracking billing volume to determine if providers are billing payers for redundant or unnecessary services.
Identify length of wait and recovery times, possibility of cancellations, availability of rooms and trained staffs, and disease stages and comorbidities to better plan and optimize internal workflows and processes.
Why enable predictive analytics for all?
Solving complex problems with Analance
Analance empowers organizations across various industries and departments. Use data for storytelling that better communicates findings and opportunities to decision makers.
Explore with Analance
Analance is an enterprise-class, self-serve platform that helps users derive quality insights and make accurate, data-driven decisions. Learn more about Analance’s product specifications and how it can help your organize improve business outcomes, streamline operations, boost customer satisfaction, and more. Sign up for a 30-day trial or a demo session with experts, or request a custom quote or a proof of concept—and see Analance in action.