Federal mandates and stiff competition are accelerating the move towards value-based care. In fact, more than one-third of payments are now based on value* according to a recent report from Healthcare Payment Learning and Action Network. With the fee-for-service model on the wane, healthcare spend is under the scanner, making it imperative to adopt a data-driven and patient-centric approach. This requires enterprises to organize, unify, analyze, and visualize data for better business decisions and to drive business transformation.
Virtusa, in partnership with IBM Watson Health, helps address the changing market conditions with Healthcare AnalyticsToAction – a solution that enables companies to use data and analytics in providing value-based care. The solution leverages IBM® Flexible Analytics Platform and IBM® MarketScan Research Databases for data-driven insights based on real-life healthcare patterns. Healthcare companies can use the solution to better understand the demographics of their members, close gaps in care, and align with quality measures and initiatives.