Utilizing clinical and financial analytics to optimize performance

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Value-based analytics

Value-based analytics

Comprehensive clinical and financial data analytics provides a systematic way to compare performance through a variety of metrics to measure and quantify value-based care success. The process improves provider insights into per-patient and population health, and engages providers on performance goals through actionable decision-making.

Philips Wellcentive filters data as quality metrics and cost/utilization analyses applying internal organization and industry data to provide evidence-based benchmarking.

Results are provided in a readable storyboard format to drive organizational conclusions, recommendations and clear performance goals.

The process also brings value in assessing care plan patterns to evaluate quality improvement aligned with payer models, and analyzes quantifiable patient engagement and care plan adherence and planning.

Case study

Philips Wellcentive helps MGM Resorts stack the wellness odds in employees’ favor

A detailed analysis of how Philips Wellcentive helped MGM Resorts International, a major employer, improve their health plan through data aggregation and organization solutions.

Read case study »

Cost and quality are both integral components to our value equation, so it’s crucial that we move the dial on preventive care and chronic disease management. Philips Wellcentive’s solution empowers the opportunities that directly impact quality performance. After the first three months, we realized impressive improvements in the quality of data within the system and the traction we’ve been able to generate.”

Sara Rutherford, MPH, RHIA, Quality & Patient Experience, Eastside Health Network

Cost and quality are both integral components to our value equation, so it’s crucial that we move the dial on preventive care and chronic disease management. Philips Wellcentive’s solution empowers the opportunities that directly impact quality performance. After the first three months, we realized impressive improvements in the quality of data within the system and the traction we’ve been able to generate.”

Sara Rutherford, MPH, RHIA, Quality & Patient Experience, Eastside Health Network

Key benefits

Scalable to network growth

Scalable to network growth

Clinical and financial analytics engine scales with health system and provider expansion

Custom readability formats

Custom readability formats

Storyboard results matching time-sensitive health organization goals

Unique data collection

Unique data collection

Ability to pull data internally and from industry benchmarks

Pertinent to all models

Pertinent to all models

Clinical and financial analytics gauges performance for all-payer incentive models

Transitioning away from fee-for-service

EvergreenHealth Partners, in its efforts to grow value-based capabilities, sought new enterprise-wide tools to ensure the ability to deliver quality care while transitioning away from fee-for-service models. To find the right solution, leadership turned to Philips Wellcentive to support the need for data-driven, efficient care management.

Let’s talk   

What are your biggest challenges in value-based care? Every day, we are helping providers transform the way they deliver care, supporting enhanced patient outcomes and improved use of data. Reach out to us today to learn how you can avoid the cost of inaction and power your success in the new healthcare landscape.

Contact us today to start your journey to value-based care success.