Session ID: 
278

How to Save Costs Beyond Targeting the Most Costly Patients

4:00pm - 5:00pm Thursday, February 14
Orlando - Orange County Convention Center
W207C

Description

Half of Medicare spending goes towards caring for 5% of the most costly patients. However, little is known about these patients prior to becoming the most expensive group. To address these gaps, this session will describe how EHR and PERS (personal emergency response service) data integration can provide insight into the patient health status; analyze the differences between the characteristics of patients in the Bottom-, Middle- and Top-cost segments; and compare persistence and non-persistence in annual healthcare cost of patients, i.e. the full dynamics of patient and cost movements between the different cost segments. While most population health management programs for chronically ill patients target the Top-cost segment, there is a great opportunity to maximize cost saving and prevent avoidable hospitalizations by managing the Middle-cost segment patients.

Learning Objectives: 

  • Describe how EHR and PERS data integration can provide insight into the patient's health status
  • Analyze the differences between the characteristics of patients in the bottom-, middle- and top-cost segments
  • Compare persistence and non-persistence in annual healthcare cost of elderly patients, i.e., the full dynamics of patient and cost movements between the different cost segments

Speaker(s): 

Senior Analyst,
Partners Connected Health
Senior Data Scientist, Chronic Disease Management Department ,
Philips Research

Audience: 

Data Scientist
Healthcare Financial Professionals
Population Health Management Professional

Level: 

Intermediate