Turn-Key Health Points to Key Trends in Palliative Care Impacting Health Payer Adoption: Predictive Analytics, Value-Based Care, Patient Engagement and Satisfaction
PHILADELPHIA – May 10, 2017 – Turn-Key Health (TKH), a population health management (PHM) company serving payers and their members with advanced illness, highlights key market trends that will impact palliative care and its adoption by the nation’s healthcare payers: data-sharing and specialized predictive analytics, value-based care, and patient/caregiver engagement that enhances satisfaction with care. During the recent National Hospice and Palliative Care Organization’s (NHPCO) Management and Leadership Conference, Terri Maxwell, Ph.D., APRN, chief clinical officer, TKH and Ian Duncan, FSA, FIA, FCIA, FCA, MAAA, adjunct associate professor, University of California Santa Barbara, emphasized the critical importance of optimizing the value of predictive analytics by including evidence, clinical protocols and patient outcomes to achieve goals.
Duncan says, “In 2016, data-sharing was a key element in payer-provider collaborations to curb costs and steer patients toward high-quality providers. For 2017 and beyond, a growing number of health plans and Accountable Care Organizations state that predictive data analytics to identify high-risk patients coupled with the delivery of value-based care will be a priority.”
Payers recognize the important role that data analytics play in population health management (PHM), but benefit from a dedicated partner, such as TKH, to successfully deploy specially trained nurses and social workers to provide specialized home and phone-based palliative support to their identified members.
“Health plans are taking a broad approach to health data, using a massive warehouse of digital records to drive value-based contracts, predict patient conditions and improve population health,” says Dr. Maxwell. “While they are using our proprietary predictive analytics to sort through claims data and patient records to find gaps in care, this is simply the front end of the funnel. What they really value is the TKH process to then engage with patients and caregivers, improve outcomes and lower cost. Actionable data that accurately predicts which members will benefit most from home-based palliative care is the first step ”
About Turn-Key Health
Turn-Key Health, a subsidiary of Enclara Healthcare, is a population health management company serving payers and their members with advanced illnesses. Its Palliative Illness Management™ (PIM™) model introduces a new, innovative option to improve care quality, address costs and reduce burdens associated with life-limiting illnesses.