Tag: LexisNexis Risk Solutions

Carrot Health and LexisNexis Risk Solutions Announce Social Determinants of Health Collaboration

The healthcare business of LexisNexis Risk Solutions announced a collaboration with Carrot Health, a provider of solutions powered by consumer and healthcare data. The collaboration enables Carrot Health to incorporate social determinants of health (SDoH) data from LexisNexis Risk Solutions into its SDoH data and analytics software platform to guide payer and provider decisions around member engagement and health management.

Through this collaboration, Carrot Health will integrate clinically-validated SDoH attributes from LexisNexis Risk Solutions into its existing Social Risk Grouper (SRG) taxonomy and other predictive models that leverage vast consumer and healthcare data. These insights will inform consumer-centric strategies to improve health outcomes, reduce costs and prevent readmissions.

Kurt Waltenbaugh

“Consumer attributes are among the most powerful factors influencing health outcomes, creating barriers and inequities that prevent populations from leading their healthiest lives. Carrot Health’s SRG harnesses this information to measure and monitor social determinants of health at the individual level, providing comprehensive insights our customers need to design strategies for identifying and closing gaps in care while providing a more personalized member experience,” said Kurt Waltenbaugh, CEO, Carrot Health. “We chose LexisNexis Risk Solutions after extensive evaluation and testing because their consumer data proved to be the most accurate and comprehensive in the market. We are excited about this addition to our platform as we continue to help payers improve member health.”

Carrot Health’s platform harnesses clinical, social, economic, behavioral, and environmental data to deliver insights for growth, health, and quality, providing health plans with a 360-degree view of their members. Carrot Health is delivering the healthcare industry’s first solution for consumer insights at scale, along with individual-level SDOH scoring and monitoring for every adult in the United States.

This scoring model helps predict the likelihood of an individual having an adverse health outcome due to their SDoH profile. The data from LexisNexis Risk solutions will augment Carrot Health predictive models, that already includes consumer data, ICD-10 Z-codes, publicly available health indicators, claims, survey responses, and other proprietary data ? providing unmatched accuracy to a scoring model.

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Survey: Lack of Ownership Over Provider Data As It Highlights its Importance

Image result for lexisnexis risk solutions logoThe Health Care business of LexisNexis Risk Solutions has announced the results of a survey designed to identify provider data governance decision-makers in provider organizations and understand data governance challenges and their impact on operational efficiency.

The survey shows that while provider data integrity is vital for efficient care coordination, the lack of a designated department responsible for this information serves as a barrier to its effective use.

Information on a provider’s location, specialty, contact information and availability is essential for care coordination throughout the healthcare system. Common errors range from unlisted locations and contact details to whether a provider accepts new patients. The COVID-19 crisis has made the need for accurate provider information more apparent as increased patient volumes require intense and well-coordinated care.

The results of the LexisNexis Risk Solutions Health Care survey, conducted in collaboration with Xtelligent Healthcare Media, show the following:

1. 73 percent of survey respondents from various departments reported job roles directly tied to governing provider data. The departments include Information Technology (IT), Information Systems (IS), Electronic Health Records (EHR), Health Information Management, Population Health and Care Coordination.

2. 63 percent of respondents believe that provider data governance helps improve care coordination and 53 percent believe it helps improve data integrity.

3. Lack of resources to support proper data governance was the second biggest challenge organizations face, according to 44 percent of all respondents.

“Ensuring accuracy and integrity of provider data will reduce pressure on providers and promote better patient care during a time when patient intake is guaranteed to increase,” said Josh Schoeller, chief executive officer of LexisNexis Risk Solutions Health Care. “Having accurate, up-to-date provider details across the healthcare enterprise has positive implications for patient care and organizational efficiency, and the results of our survey highlight the urgency of developing a cohesive strategy for provider data governance.”

The survey results are based on over 100 qualified responses from organizations across the industry, including independent hospitals, teaching hospitals, independent physician groups, and federally qualified health centers. The complete survey results report is available for a free download. [Download survey results.]