17 Jul Health Data News Roundup: Health Payers’ Perceptions of AI; Identifying Providers for High-Performing Networks; and Payers Need More Data to Optimize Patient Outcomes

Welcome to the Health Data Weekly News Round Up from IMAT Solutions. As the power of data continues to grow in the healthcare arena, today’s care organizations need to be on the forefront of all news and trends to help ensure that their data analytics efforts deliver accountable and informed care. Each week, we will provide you with the actionable news you need to meet these goals.

Health Payers: Generative AI Will Significantly Impact the Industry
Health payers believe that large language models (LLMs) and Generative AI will significantly impact the healthcare industry, and are exploring some dynamic uses cases.

How Payers Can Identify Providers for High-Performing Networks
Prioritizing data collection, technology, and provider engagement can help payers identify providers to include in high-performing networks, according to this recent Health Payer Intelligence article.

Medicare Advantage Quality Bonus Program Needs Reform, Report Finds
The Medicare Advantage quality bonus program overpays plans and does not effectively promote quality care, indicating that program reforms are needed, according to an Urban Institute report.

Healthcare Spending Lower in MA for Beneficiaries with Chronic Conditions
Medicare Advantage beneficiaries with chronic conditions had lower healthcare spending and fewer emergency room visits than fee-for-service (FFS) beneficiaries, according to a new report.

Payers Need More Data to Optimize Patient Outcomes Under VBC
Claims data gives health plans only a partial view of a patient’s health, and three data sources are critical to better enable connected care, according to this recent Health Data Management article.

Humana Foundation Supports Initiative to End Veteran Suicide
The Humana Foundation is supporting a new initiative that aims to reduce veteran suicide and promote mental healthcare.

Tackling Healthcare’s Biggest Burdens with Generative AI
Disparate sources of unstructured data, which abound in healthcare, are now assets to power generative AI, and private payers and healthcare systems can use the technology to deliver care, according to McKinsey.