RISK & CLINICAL ANALYTICS
Whether you are a Payer, Provider Group, or a Government entity, managing Risk in healthcare is a complex, resource intensive activity. Automated risk analytics help to significantly lessen the burden on already limited financial and clinical teams. Analytics provide direct insight into the efficacy and accuracy of your population health management program.
The P3Insights platform is an open, standards based platform, that supports the most widely used risk models in the healthcare industry, including the Johns Hopkins ACG system, CMS HCC, and the HHS HCC models. Even if you work with other vendors, for risk adjustment services, having the ability to model and run scenarios on your own data can be invaluable to your business.
Let's explore together how the P3Insights, single, fully integrated platform can support your organization's Risk Program needs across Medicare, Medicaid and Commercial lines of business.
Not a one size fits all approach, P3Insights models are configurable to every client's specific needs - let's discuss how, so that we can put our solution's unique analytics capabilities to work for you.
P3Insights' risk analytics engine is powered by the Johns Hopkins ACG system. At its' core P3Insights' risk modeling applies case-mix measures and statistical forecasting to predict future health resource needs.
P3Insights' Predictive Models predict a large range of financial and clinical outcomes, some of which are detailed below:
TOTAL HEALTHCARE COSTS
P3Insights calculates actual and predicted member Total Cost in the year following a given observation period.
Total actual Medical costs plus
Total actual Pharmacy cost
Predicted Total Cost for the year following the observation period
Advanced visualizations permit drill down to the population, sub-population, morbidity, provider and patient levels. Costs can also be analyzed at any level offering virtually unlimited slice and dice capabilities - eliminating spreadsheets
PREDICTED HOSPITALIZATION COSTS
P3Insight identifies patients with a risk of future unanticipated hospitalizations, using utilization markers such as:
Emergency department visits,
Nursing services, and major procedures
P3Insight leverages a wide range of markers that are captured in the system in addition to the traditional predictive modeling variables to accurately predict future hospitalization
The High Risk for Unexpected Pharmacy Cost Model predicts the subset of the population who are consuming drugs beyond what's anticipated based on their diagnosis-based morbidity burden
Evaluate High Pharmacy Costs
Identify High Pharmacy Users
Identify quality issues including:
Poor data, e.g. missing Dx codes
Verify Care adequacy
See Gaps in Care
P3Insights provides predictive models, and sophisticated tools that facilitate in depth analyses and powerful insight into the drivers behind high unexpected Pharmacy Costs
P3Insights uses administrative claims to identify gaps in medication adherence for chronic conditions where continuous medication use is warranted.
Adherence measures include:
Continuous medication availability;
Prescribing gaps; and
Conditions indicated for but untreated with medication.
P3Insights provides predictive modeling, reporting and sophisticated dashboards to identify members with adherence gaps, so that you can take appropriate action to address them.
LIKELIHOOD OF UNPLANNED READMISSION WITHIN 30 DAYS
Higher than expected 30 day readmission rates may be perceived as a signal of lower quality of care.
The unplanned 30 day readmission model is calibrated so that scores are available at the time of admission to the hospital.
Patients are not required to have a prior hospitalization in order to receive a risk score for unplanned readmission
P3Insights 30 day readmission predictive model enables healthcare delivery systems to anticipate discharge planning needs for patients at risk of readmission in the event of an admission
COORDINATION OF CARE
P3Insights uses complementary markers to assess coordination of care.
The markers provide a means to flag the major contributors to potential care coordination issues such as:
Patient's principal source of care;
Count of unique practitioners providing outpatient care;
Generalist involvement; and
Identifying populations at risk for poor coordination.
Coordination of care challenges have a major impact on important care programs. P3Insights helps you get ahead and stay ahead of these challenges.
MEDICARE CMS HCC DATA ANALYTICS
Model Updates and Deep Dive Analytics
The CMS HCC model is used in the Medicare Advantage program and is built upon diagnosis-based condition categories, which are then grouped into hierarchical condition categories (HCCs) that prioritize the relative risk of all health conditions. The HCC's are associated with different levels of reimbursement that reflect the risk posed to a patient with a health condition in a given category. A patient is only coded with the most severe condition in any given category.
HCCs are not strictly hierarchical, a patient's health conditions may also be additive and/or associated with interactions. Demographic and health risk factors are the two main components of the Medicare Risk Score calculation that determines the capitation rate for the member. The values associated with these factors are revised by CMS annually.
P3Insights keeps abreast of those changes so that you don't have to, and all relevant model changes are incorporated into our data models so that your reporting will always be up to date and accurate. In addition to keeping you in sync with CMS model changes, P3Insights provides reporting and advanced analytics capabilities on your data, providing insights that can be shared across stakeholders in your Medicare Advantage business.
HHS HCC PROGRAM DATA ANALYTICS
Model Updates and Deep Dive Analytics
Challenges abound for participants in the Exchanges, where tracking and reporting across populations with such varied risk profiles is a huge task.
The HHS HCC model is built upon diagnosis based condition categories, which are grouped into hierarchical condition categories (HCCs). Staying abreast of updates to the published HHS models is hard, so we do the hard work for you - providing model updates, and the capability to perform in-depth reporting and analysis on the data that you use to support your ACA Exchange business.
P3Insights leverages data from Claims, Enrollment, Member Demographics, Providers, and Social Determinants Of Health (SDOH) data sources. Using our advanced data modeling capabilities that are optimized for analytics, P3Insights surfaces your data offering unmatched flexibility, deep dive analysis and self service capabilities to everyone in your organization.