Austin, Texas (PRWEB) December 05, 2016
Inter Valley Health Plan (IVHP), a Medicare Advantage plan that serves 23,000 members in Southern California, has chosen Accordion Health, provider of high-precision analytics for risk and quality platforms, to enable IVHP to use the data at its fingertips to improve medication adherence rates and bolster Star Ratings.
IVHP, like other Medicare Advantage plans, participates in the Star Rating program used by the Centers for Medicare & Medicaid Services (CMS) to measure how well plans perform in quality and performance metrics, including medication adherence. Plans earning four-star ratings or higher qualify for federal bonus payments of an additional five percent per year, per member.
IVHP was looking for ways to increase its Star Rating, but was challenged with limited internal analytics and staff. They partnered with Accordion Health to gain greater insight into how they could more effectively implement outreach efforts that would improve medication adherence rates, impact Star Ratings and, ultimately, improve the lives of IVHP members. In less than one year, IVHP’s outreach efforts are now 50 percent more effective, which has resulted in an increase in medication adherence scores. And, IVHP is on the path to elevating its Star Rating during the next cycle.
“The healthcare industry recognizes the need to transition to value-based care, and knows that data analytics will go a long way to improve care and lower costs. Unfortunately, most analytics solutions and projects fall short of solving the real problem organizations are faced with – how to quickly and easily identify the right action for the right patient at the right time,” said Yubin Park, Accordion Health CEO. “We believe that complex problems within the healthcare industry can be solved elegantly with the collaboration of our team and smart data. We strive to develop innovative, state-of-the-art products that help our customers navigate a complex environment with ease.”
Accordion’s sophisticated machine learning algorithms and high-precision prediction engine use member-level time-series information to go several steps beyond traditional analytics approaches. With Accordion’s platform, the IVHP Five Star Team can identify members who have missing conditions and predict how members will respond to specific types of outreach. And, with the easy-to-use Usage Dashboard, the team can access member information, past interaction data and other key data points in one place, making the member outreach process more efficient and effective. They can now see, in real time, direct correlations between their activities and patient outcomes, and fine tune team workflows to focus on activities that will make the biggest patient and Star Ratings impacts.
“Accordion has empowered me to use data to gain better insights into our organization, our business processes and our members. My entire team feels more productive now that we can predict what impact our interventions will have, and we feel energized by being at the forefront of our industry,” said Chih Lee, IVHP Manager of Decision Support and Analytics. “We have evolved from making decisions based on our best guesses and gut feel to transforming our business through the power of predictive analytics.”
IVHP continues to leverage the Accordion Health analytics engine to improve member care and operations. As a result of the partnership with Accordion Health, IVHP has seen an average decrease of 2.81 percent in HbA1c levels among diabetic members who previously had HbA1c levels greater than nine percent, and also improved their diabetes medication adherence by 10 percent. With this insight, IVHP has begun to change the design of its benefits to embrace the needs of its members.
“Our Star Rating is only one way we measure our success as a health plan. The truest measure of our accomplishments is our healthy, vibrant member population,” said Susan Tenorio, IVHP Vice President of Health Plan Operations. “Thanks to Accordion, we can create more low-effort/high-return business processes that enable us to focus on providing the most valuable services possible for our members.”
Chih Lee of IVHP will be presenting his use case and experience and results with Accordion Health during the RISE Star Ratings Performance and Analytics Forum in Las Vegas, Nevada on Monday, Dec. 5, 2016 at 2:00 p.m. at the Cosmopolitan.
Click here (https://accordionhealth.com/assets/case_study.pdf) to learn more about IVHP’s successes with Accordion Health.
About Accordion Health
Accordion Health is leading the movement to value-based care by arming risk-bearing organizations with high-precision analytics power to predict which actions will make the biggest impact, increase reimbursement and drive better outcomes. Its machine-learning engine is optimized to assist risk-taking organizations to improve quality measures and take the right action for the best financial impact and clinical outcome. Led by a renowned team of PhDs and data scientists, Accordion Health is dedicated to developing innovative products that help our customers navigate the complex healthcare environment. To learn more, visit https://accordionhealth.com.