Unstructured Data Still a Pain Point for Value-Based Care
What do you need to do to be “the best”?
Nearly 80% of health data is unstructured. It’s no wonder then that health care organizations and teams are looking for solutions that help with tapping into this data, given that most of it has yet to be used for population health efforts.
Tapping into the Potential
With the industry moving to value-based contracts where financial payments are based on performance, organizations must rely on data and analytics to be successful. Accountable Care Organizations (ACO), Payers, Health Systems and providers can use technology to help make progress toward more data-driven improvement efforts by deriving insights from unstructured data.
The main benefit of Natural Language Processing (NLP) technology is the increased agility for your organization. We’ve worked with health plans that would spend thousands of hours collecting and reviewing PDF versions of immunization data from retail pharmacies like Walgreens, Walmart, or Costco. If you want to be successful with your value contracts, you must consider how you are using your resources. Adding NLP into your quality efforts provides the advantage of freeing up resources to work on other initiatives, like care management activities or process improvements.