“Healthcare CIOs, IT leaders and analytics leaders should consider HCIaaS an emerging, and potentially crucial, component in developing their enterprise analytics strategy.”
- Gartner, Hype Cycle for U.S. Healthcare Payers, 2017, 14 July 2017
We partner with a wide range of organizations that face unique challenges in the market place across all of healthcare. We work closely with Medicare HMOs and Medicaid Managed Care and Employer-sponsored plans (Taft-HartleyPlans); as well as hospital and provider groups who handle Medicare ACOs and high performance commercial risk contracts.
These healthcare organizations are motivated to lower costs while providing higher quality care and improved health outcomes. They face several challenges and work with us so they can achieve clear and measurable results, at affordable costs.
We have seen reductions in key areas thanks to VitreosHealth. Emergency Room Visits have been reduced by 18%, Readmissions by 22%, PMPM by 16%, and our MLR was driven down from 93% to 88%.
- A Medicare Advantage Plan
2.5 million dollars has been captured in additional revenue in the first six months! As well as a 25% increase in chart reviews and HCC Undercoding improved by 15%.
- A Healthcare System with Medicare Risk contracts
Our Quality Rate is up to 1.05 while our total Medical Cost is down to 0.95 compared to the peer market.
- An Integrated Physician Network
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The Vitreos team has cut through the overly complex aspects of data analytics leveraging healthcare meta data - payer claims, provider electronic health record, and member socioeconomic elements and created a very sophisticated approach at providing actionable information to improve the cost, quality and service we provide our members. The most exciting part of working with Vitreos, is that we continually innovate and evolve to improve upon our approach to make healthcare better for the populations we serve.
Vitreos provides the advanced population health analytics with no IT hassles….one of the best aspects is, it is innovation at a price point we can afford.
One of the biggest obstacles we face at USMD is handling large amounts of data. We leverage many systems, such as NextGen, Allscripts and others across our system. The ability for them to aggregate that data in such a precise way is essential to meet our expectations for success. The way in which VitreosHealth approaches the data to glean powerful insights across our population of patients helps us to continuously improve patient care while lowering costs.
We have been pleased in our selection to work with VitreosHealth. They have proven adept at handling the large amounts of data we have across our system. Their ability to combine that data in order to provide the insights we require regularly has met expectations for success. VitreosHealth has helped us to understand our population of patients through powerful insights that helps us to continuously improve patient care while attempting to lowering costs.
I was blown-away when I saw Vitreos tools and the application of how we were able to use the data.
VitreosHealth created an incredible tool that opened our eyes to how we were managing the health of our own employee population. Our focus has been on lowering the cost of treatment and also promoting wellness within our organization. The Vitreos analytics and outreach platform have become strategic tools in our population health management initiatives.The fact that the solution is incredibly intuitive and tailored to our needs makes for an excellent user experience.
I whole-heartedly recommend VitreosHealth. With new payment models like ACOs, Bundled Payment and Value-based Purchasing, executives need to make many more decisions around health care to minimize cost, boost quality, and reduce risk.
We improve population health outcomes through innovative data warehousing, analytics, and improvement services.