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Analytics and risk management saves Franciscan Alliance $2.2M
Healthcare IT News November 29, 2023
The Midwest health system unified patient records, integrating clinical and claims data, and used analytics to help manage care quality and risk.
With care management and engagement tools, the Franciscan Alliance healthcare ministry was able to generate $2.2 million in savings across multiple Medicare and Medicare Advantage plans, according to an announcement Wednesday.
The Franciscan health system leveraged the Innovaccer platform to reduce readmissions, automate emergency department workflows and improve the patient experience, the company said.
Creating savings with high-risk protocols
Of note, the Indiana-based multi-specialty network implemented customizable polypharmacy protocols that manage high-risk prescriptions to coordinate care.
Automated pre-visit planning helped prevent downstream utilization, such as inpatient visits, while helping to deliver more comprehensive patient care. That saved...
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