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Why Data Analytics are Critical in a Value-Based Care (VBC) Environment

AIHC

As more and more potential and real fraud, waste, and abuse was uncovered in the FFS arena, it was also discovered that patient outcomes were less than stellar. It’s important for compliance and historical trend analysis. Data Retention Rate: Measures how long data is stored and maintained for future analysis.

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Why Data Analytics are Critical in a Value-Based Care (VBC) Environment

AIHC

As more and more potential and real fraud, waste, and abuse was uncovered in the FFS arena, it was also discovered that patient outcomes were less than stellar. The Centers for Medicare & Medicaid Services (CMS) HCC model was initiated in 2004 and is becoming increasingly prevalent as the environment shifts to value-based payment models.