VitreosHealth’s No Cost Webinar Reveals How Predictive Analytics Achieves Medical Loss Reduction (MLR)
Plano, TX (PRWEB) May 23, 2016 -- VitreosHealth is presenting a free online webinar entitled, ‘GlobalHealth: Achieving MLR Reduction Through Predictive Analytics’ on June 10, 2016 from 11:00 AM – 12:00 PM ET. To register, click here.
The webinar will examine the circumstances around GlobalHealth’s decision to start a proactive outreach program built on Big Data with a new predictive and prescriptive analytics paradigm. During the webinar, R. Scott Vaughn, CPA, President and CEO of GlobalHealth, Jay Reddy, CEO of VitreosHealth, and David Thompson, Senior Vice President and Chief Operating Officer of GlobalHealth, will discuss how the program has evolved since its inception, the impact it has had, and the overall and ongoing results.
Attendees will learn how this new model for predictive and prescriptive analytics helped GlobalHealth achieve:
- An 18 percent reduction in emergency room encounters and emergent hospital admissions;
- 22 percent reduction in readmissions; and a
- Per-member per-month (PMPM) reduction in medical cost of about 16 percent, spread across all members.
Who should attend:
- Any payer with Medicare or Medicaid populations;
- Any payer with population health management programs currently using or hoping to use predictive analytics within these programs; and
- Any payer incorporating value based contracting and care financial models.
To register for this free webinar, click here.
About VitreosHealth
VitreosHealth offers the first Insights-as-a-Service delivery model for advanced population health analytics. We leverage Big Data and predictive and prescriptive health insights for population risk models that provide a complete view into the healthcare continuum. Our adaptive insights achieve a patient-centric focus for each perspective within a healthcare organization that leads to quality health outcomes and improves financial performance for measurable return on investment.
Our solution, using the broadest sources of Big Data available, supplies easily accessible Insights for predictive risk and prescriptive care management with a focus on both critical and hidden risk populations to close gaps in care and achieve significant financial improvement.
Our goal is to help transform health care economics with advanced population insights by partnering with our clients for success in this changing marketplace. Learn more at http://www.VitreosHealth.com.
About GlobalHealth
GlobalHealth is changing health insurance in Oklahoma. As an industry leader, GlobalHealth is an Oklahoma-based health maintenance organization covering more than 45,000 individuals in all 77 Oklahoma counties. Working proactively with each member, GlobalHealth engages a personalized management plan to address their specific needs and ensure the best possible health outcomes. GlobalHealth utilizes cutting edge, predictive data technology as a foundation to deliver improved healthcare as part of its commitment to making health insurance more affordable. Its membership includes state and education employees, federal employees, municipal employees, Medicare Advantage members and private employers. GlobalHealth employs more than 250 associates throughout Oklahoma. To learn more, visit http://www.globalhealth.com.
Kyle Kopp, VitreosHealth, http://www.vitreoshealth.com, +1 (972) 954-9992, [email protected]
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