The Power of AI in Value-Based Care: Transforming Risk Adjustment and Patient Engagement
Mena Botrous
Founder & CEO of NuMust | Physician | Data Analyst | Business analyst | Certified Lean Manager | Health Insurance Analyst | Auditor | Financial Markets Trader & Investor
Artificial intelligence (AI) is poised to revolutionize value-based care (VBC) by transforming risk adjustment, synthesizing quality improvement and risk data, and empowering patients to fully engage with their healthcare journey. As more healthcare stakeholders enter VBC arrangements, AI can effectively manage the substantial volumes of clinical data and patient data.
AI can create a complete picture of a patient's health by integrating data from various sources, such as health exchanges, pharmacies, and out-of-network specialists. These clinical insights, when pushed to providers at the point of care, shift risk adjustment from a retrospective, audit-centric function into a proactive workflow that can significantly influence healthcare decisions.
Moreover, AI can align risk adjustment and quality improvement programs by providing a unified, longitudinal view of the patient and presenting clinical insights to providers. This enables earlier intervention, preventive measures, and better-informed healthcare decisions, ultimately reducing the likelihood of adverse outcomes.
Providers can leverage AI tools to personalize health recommendations, predict potential risks, and customize patient outreach based on communication preferences, ultimately fostering a more robust patient-provider relationship, improved patient outcomes, and enhanced treatment effectiveness. This healthcare innovation, powered by healthcare analytics and advanced health IT, is set to transform the value-based care landscape.
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