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Managing Measurement and Metrics of Value-Based Healthcare

An Empowered Patient Podcast at Medical and Pharma Insider hosted by Karen Jagoda

Sheila Talton is the Founder and CEO of Gray Matter Analytics, a healthcare-focused company that offers analytics as a service (AaaS) to healthcare systems and insurers to help them manage their quality measures, metrics, and risks related to value-based care.

To be the best provider of care requires the ability to measure, predict and improve services based on medical and behavioral data, combined with social determinants of health, to ensure that all data is leveraged to provide better outcomes.

Sheila says, "Whether those metrics are tied to the admissions or length of stay and other components of the clinical treatments, most health systems are actually managing how well they're performing on Excel spreadsheets. As you can imagine, you cannot manage multiple risk-based contracts because the average provider will have at least 20, 30, sometimes even 50 different contracts with different metrics."

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