Data is essential for value-based care and precision medicine. The most advanced data management systems now provide robust tools to aggregate information from disparate sources that were historically disjointed and siloed—including electronic health records, hospitals, laboratories, imaging centers, government, medical and wearable devices. Advances in precision medicine will bring in even more genomic data from things like DNA and biological markers.
This expansive dataset creates a comprehensive health profile for individual patients. When aggregated, it can also scale that information for population insights that improve care delivery, lower costs and increase access to care for those who need it most.VBC aimed at improving care for everyone and precision medicine, aimed at optimizing the health of a single person both require advanced analytics. Today’s groundbreaking software goes far beyond reporting on historical trends.
Machine learning and artificial intelligence make it possible to accurately assess risk in individuals and entire populations. This can have a dramatic effect on care . Providers can also combine analytics with care management software to create efficient workflows and intervention pathways for the people at the highest risk.
Predictive and prescriptive analytics are one of the most effective ways to reduce total cost of care. The Centers for Disease Control and Prevention found that
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