Financial Performance
HealthEC’s advanced analytics and technology help you drive more financial performance by reducing unnecessary costs and optimizing resource allocation.
Gain Financial Clarity and Enhance Predictive Accuracy
Generating revenue, minimizing costs, and managing reimbursements is an evolving challenge in value-based care. The HealthEC Population Health Management (PHM) Platform empowers you to maximize financial incentives and identify opportunities for savings that lead to long-term success.
With HealthEC You Have the Visibility to:
- Customizable performance indicators, contract performance, and cost compared to selected benchmarking
- View high-risk members, cost predictions, resource utilization band distribution, risk adjustment factor analysis/HCC analysis
- Display generic utilization, adherence, and drugs by cost with pharmacy claim data
- See cost summaries, high-cost members, DxG by claim count, paid amount, total cost, and financial activity by quarter
- Review monthly member panel, imaging costs, readmits, E&M coding distribution, and controlled substances utilization
HealthEC enables you to make financially sound decisions for today—and for the future of your value-based health organization. This approach not only streamlines operations but also makes healthcare more affordable for patients by minimizing wasteful expenditures and focusing on effective care strategies.
