MedBen Analytics turns Medicare claims data into actionable reports, enabling you to find opportunities that impact your business. However, the usefulness of our bundled software platform doesn’t stop there.
When MedBen Analytics receives your data, our proprietary software first organizes it before producing the reports that help you interpret the data. But in addition to our reporting features, the arranged data is available as downloadable spreadsheets that can be used to merge with other medical data you have gathered for further analysis.
For instance, some hospitals participating in value-based care programs are working to reduce their use of disabling medications, in order to decrease patient side affects, lower length of stays, and reduce costs. Moreover, the ongoing opioid epidemic has led to a concerted effort to lessen the use of addictive medications and supplement them with safer alternatives. But such actions must be measured against satisfactory patient outcomes… and data processed through MedBen Analytics can be used in tandem with data from the medical records for this purpose.
Via the portal, a provider can generate a coordinated spreadsheet with length of stay and cost data, and then merge it with their own medical record data. This information can be reviewed together to analyze the safety and cost-effectiveness of reduced disabling medicine use.
Of course, this is just one example of how the usefulness of the MedBen Analytics platform can extend beyond report generation and interpretation. Learn more about how you the ways you can benefit from bundled payment data insights by contacting MedBen President and CEO Kurt Harden at 888-633-2364 or medbenanalytics@medben.com.