Virtusa Secures SIIA CODiE Awards for Best Artificial Intelligence Solution in Healthcare
The healthcare and life sciences industries are undergoing various transformations. As organizations look to replace outdated legacy systems, there's a growing need to implement more effective healthcare data management techniques. Streamlining the collection, organization, and analysis of patient data will help companies convert the data into actionable insights.
How can organizations start using patient data to deliver value-based care? With the help of strategic partners, companies can adopt more data-driven and patient-centric approaches at an accelerated rate.
Virtusa's AnalyticsToAction enables companies to use data and analytics to provide value-based care, understand their patients or members better, elevate population-based program performance, and deliver new healthcare data management programs. The solution leverages IBM® Flexible Analytics Platform and IBM® MarketScan Research Databases for data-driven insights based on real-life healthcare patterns. The solution allows for flexible implementation, scalability with predictable results, and easy embedding into the current technology environment.
AnalyticsToAction can help with:
- Decision making
- Remote patient monitoring
- Collaborating across care teams
- Improving medication adherence
- Creating and monitoring personalized care plans
Through our strategic partnership with IBM Watson Health, we've expanded our capabilities to address the ever-changing market conditions in healthcare and life sciences.
Ingest
Extract and load data in standardized templates from enterprise warehouses
Analyze
Analyze data using flexible analytics platform to derive actionable insights
Visualize
Understand insights by utilizing powerful business intelligence tools
Act
Operationalize insights into meaningful actions that derive value for customers
- Provider performance insights in healthcare systems
Evaluate physician performance, compare the performance of providers, and drive behavior change.
- Program performance insights in healthcare systems
Evaluate population-based program performance by analyzing patient spend due to risk cohort, network payment trends, and episodes of care.
- Care management insights in healthcare systems
Stratify patients, identify actionable interventions, and evaluate the impact of your care management programs.
Healthcare AnalyticsToAction applies business intelligence to augment performance, manage patient health, and address compliance. Healthcare organizations can leverage:
- Provider performance in healthcare systems
Evaluate physician performance, compare and optimize the performance of network providers, and drive behavior change.
- Care management in healthcare systems
Classify members, identify actionable interventions, and evaluate the impact of care management programs.
- Account management in healthcare systems
Deliver reliable, precise, and timely information to employers with comprehensive analytics and insights.
The IBM Watson Health-Virtusa partnership expands the reach of the IBM Watson Health suite of solutions, leading providers and payers through value-based care transformations by leveraging data and analytics that are powered by design thinking and automation. Together, we are empowering innovation and healthcare transformation by providing tools to aid in interpreting data, managing population health, engaging patients, and optimizing business outcomes.
Virtusa's Healthcare AnalyticsToAction is a solution for payers and providers that leverages IBM Flexible Analytics Platform and IBM MarketScan Research Databases for data-driven insights. These insights are based on real-life healthcare patterns to optimize performance, manage patient health, and address compliance. The solution helps companies convert data into actionable insights using AI and automation, allowing for flexible implementation, scalability with predictable results, and easy embedding into the current technology environment. Virtusa's strategic partnership with IMB helps provide companies with more data-driven and patient-centric approaches at an accelerated rate.
The functional goal of Virtusa's Healthcare AnalyticsToAction is to strengthen the capabilities of healthcare clients to streamline the collection, organization, and analysis of patient data for conversion to actionable insights. With the help of AI and automation, the solution enables companies to use data and analytics to provide value-based care, understand patients or members better, elevate population-based program performance, and deliver new healthcare data management programs.
Virtusa's Healthcare AnalyticsToAction transforms legacy systems and implements more effective healthcare data management techniques. The solution helps with:
- Decision making
- Remote patient monitoring
- Collaborating across care teams
- Improving medication adherence
- Creating and monitoring personalized care plans
Virtusa's Healthcare AnalyticsToAction uses AI and automation to address the ever-changing market conditions in healthcare and life sciences. The solution replaces outdated legacy systems by streamlining the data management process. We upgrade systems with the following procedure:
- Ingest: Extract and load data in standardized templates from enterprise warehouses
- Analyze: Analyze data using a flexible analytics platform to derive actionable insights
- Visualize: Understand insights by utilizing powerful business intelligence tools
- Act: Operationalize insights into meaningful actions that derive value for customers
Virtusa's Healthcare AnalyticstoAction replaces legacy systems and utilizes advanced data management tools to improve patient care and simplify decision-making. The solution can help clients benefits from:
- Accelerated time to insights: Tight integration with the data warehouse facilitates fast end-to-end analytics integration into user workflows.
- Decreased complexity: Reduction in the time required to maintain and reconcile disparate data from multiple vendors makes the process easier.
- Ability to leverage existing investments: Integration with the current systems and business intelligence tools reduces time, cost, and related risks in implementation.
- Proven industry success: Backed by 40+ years of analytics and healthcare experience that has helped over 125 health plans optimize performance, manage member health and compliance.
Virtusa's Healthcare AnalyticsToAction uses AI and automation to create data-driven and actionable insights that can allow providers to leverage:
- Provider performance insights in healthcare systems: Evaluate physician performance, compare providers' performance, and drive behavior change.
- Program performance insights in healthcare systems: Evaluate population-based program performance by analyzing patient spending due to risk cohort, network payment trends, and episodes of care,
- Care Management insights in healthcare systems: Stratify patients, identify actionable interventions, and evaluate the impact of your care management programs
Virtusa's Healthcare AnalyticsToAction applies business intelligence to augment performance, manage patient health, and address compliance. Healthcare organizations can leverage:
- Provider performance in healthcare systems: Evaluate physician performance, compare, and optimize the performance of network providers, and drive behavior change.
- Care management in healthcare systems: Classify members, identify actionable interventions, and evaluate the impact of care management programs.
- Account management in healthcare systems: Deliver reliable, precise, and timely information to employers with comprehensive analytics and insights.
Virtusa's Healthcare AnalyticsToAction leverages IBM Flexible Analytics Platform for easy implementation, scalability, and implementation with existing technology. This advanced feature helps the solution improve care management programs by accelerating time to insights, decreasing the complexity of disparate analytics, and optimizing resources. The adaptable design addresses the critical information gaps by meeting current data warehouse needs and integrated intelligence that fixes analytic discrepancies that drive data inefficiencies.
Virtusa's Healthcare AnalyticsToAction leverages IBM MarketScan Research Databases to gain insights from core claims databases from data sets. These data sets integrate de-identified patient-level health data, productivity, lab results, health risk assessments, hospital discharges, and electronic medical records.
The acquired claims data provides an accurate overview of real-world treatment patterns and costs. This feature provides better healthcare insights by having one of the largest collections of privately and publicly insured de-identified patient data that captures the continuum of care.