Health Data Analytics a “Competitive Differentiator” for Payers

Health IT Analytics July 18, 2017
Jennifer Bresnick

Health data analytics initiatives can help payers reduce costs and access critical insights as they transition to value-based care.

A robust and wide-ranging big data analytics strategy can be a “competitive differentiator” for health insurance payers seeking actionable insights to help them succeed with value-based care, says a new survey by Deloitte.

Two out of three poll respondents, mostly representing large health plans, stated that leveraging health data analytics is a top priority as they work to lower costs, provide increased transparency into decision-making, and stay ahead of the curve as they transition to pay-for-performance contracting.

A third of participants said their organizations are planning to significantly increase their spending on analytics tools and infrastructure in the next three years,...

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