12/12/2024 | News release | Distributed by Public on 12/12/2024 16:20
Written by: Cheryl Reifsnyder, PhD and Jill Strassler, Vice President Solution Management, Veradigm
Social determinants of health are non-medical factors that affect health outcomes-factors such as where individuals live and work, their access to education, social environment, and income. Research shows that these factors have a significantly greater influence on health than actual health care; 80% of the factors determining individuals' health fall outside the health care system.
This is why gaining insight from outside the healthcare system has become so important. It's also why Veradigm is pleased to announce our new vendor relationship with HealthWise Data. This unique healthcare data and analytics company provides insights into social determinants of health, consumer health behaviors, lifestyles, and more. Keep reading to learn how our relationship with HealthWise Data further deepens Veradigm's analytics to deliver enhanced insights into the member populations you serve.
HealthWise Data can provide patient data beyond what health plans may possess, which enables Veradigm to generate additional insights about factors potentially affecting the health of your member population. This data includes social risk factors that can be applied at an individual-member level into Veradigm's social risk score for each health equity domain such as food access, transportation barriers, and housing stability.
In addition to claims information, Veradigm is now able to use HealthWise Data for a whole-person view into analytics to inform the design of payers' benefits plans. For example, if analysis reveals that certain members live in an area far from fresh food or lack transportation, the health plan may choose to incorporate food delivery options or transportation assistance into the benefits they provide.
To improve your members' health, it's critical to gain a better understanding of your population-one that extends beyond the healthcare setting. By using Veradigm's analytics solutions to know more about your individual members and the social and economic risk factors they may face, you can increase gap closures and improve risk scores. Incorporating HealthWise Data's patient data into our Health Plan Risk and Quality analytics, Veradigm can provide you with a more well-rounded view of each member. This further enhances Veradigm's precision analytics to support targeted member outreach and patented Dynamic Intervention Planning. With this patented Dynamic Intervention Planning, Veradigm recommends optimal intervention strategies for efficiently closing each coding, documentation, and encounter gap worth pursuing, targeting gap closures to the right patient at the right time and avoiding pursuit of low-yield interventions that may have little or no impact on risk scores.
Research shows that socioeconomic factors, physical environment, and other social determinants of health govern 80% of an individual's health and health outcomes. Veradigm's Risk and Quality Analytics will now have a deeper understanding of individual members to help health plans identify and address health-related factors that lie outside of traditional medical care.
To see more about how Veradigm can improve your member insights, contact Veradigm today.
HealthWise Data provides a complete view of the Patient-as-a-Person through unique data insights and analytic capabilities. HealthWise Data's universe of 249 million US adults is rich with both social determinants of health (SDOH), and, unique predictions on consumer health behaviors & lifestyles, including likely health adherence, wellness habits, health equity indicators, ability to pay for medical expenses and more, allowing for a holistic view of the individual. Healthcare organizations, analytics firms, marketing agencies and researchers are leveraging HealthWise Data today to drive better targeting for marketing efforts, enhance analytics and reporting, and improve patient outcomes overall. HealthWise Data was founded by Anne F. Smith in 2017. Learn more on HealthWise Data's website or follow on LinkedIn.
Veradigm is a healthcare technology company that drives value through its unique combination of platforms, data, expertise, connectivity, and scale. The Veradigm Network features a dynamic community of solutions and partners providing advanced insights, technology, and data-driven solutions for the healthcare provider, payer, and biopharma markets. For more information about how Veradigm is fulfilling its mission of Transforming Health, Insightfully, visit www.veradigm.com, or find Veradigm on LinkedIn, Facebook, Twitter, Instagram, and YouTube.