BC Advantage - 2013 Issue 6

Predictive Modeling is a Necessary Starting Point for BPCI Participating Providers

By: Dan Hogan, CEO and founder, MedalogixGartner analysts predict by 2016 that 70 percent of the most profitable companies will manage their business processes using real-time predictive analytics.A study by Singletrak Analytics and DataGen concludes that when structured well, bundled payment models can be effective and profitable for hospitals, especially those that can reduce the cost of each episode of care.By combining the power of predictive modeling with the requisite awareness of the organizations clinical capabilities that bundled payment structures now hinge upon, health care providers are more likely to meet the needs of the Affordable Care...

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