Becker's Healthcare April 19, 2024
Naomi Diaz

Renton, Wash.-based Providence is investing in technological infrastructure and patient-centric care to navigate the complexities of value-based care, Semira Singh, director of informatics at the health system, told Becker’s.

Providence’s network of contracts includes nearly 200 agreements with around 60 payers. But in addition to contracting investments, the health system is investing in data infrastructure.

“When we talk about components of value-based care, like risk adjustment, you want to be able to ensure that you are sharing adequate data with the payers to build that right risk profile,” Ms. Singh said. “But what often happens is data codes will get dropped from claims or there might be some sort of discrepancies in the EMR where everything doesn’t get...

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Topics: Big Data, Health IT, Health System / Hospital, Insurance, Payer, Payment Models, Provider, Technology, Value Based
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