Leveraging Technology Partners to Accelerate Different Stages of the CDI Value Chain
September 10, 2024 | 5-minute read
Building a Successful CDI Strategy: The Power of Partnerships
Clinical Data Integration (CDI) offers tremendous value for health plans, but it's a complex process with diverse needs at each stage. While some choose to build an in-house solution, partnering with specialized technology partners throughout the CDI journey can significantly enhance your efforts and accelerate results. Gartner, a leading research and advisory firm, emphasizes that a successful CDI strategy requires "a combination of internal resources and external partnerships."
Building In-House vs. Leveraging a Technology Partner
| Feature | In-House Development | Leveraging a Technology Partner |
|---|---|---|
| Control | Complete control over the system | Potential partner lock-in |
| Customization | Can be customized to specific needs | Potential customization limitations |
| Implementation Time | Longer implementation timelines | Faster implementation |
| Expertise | Requires significant investment in expertise | Access to specialized expertise |
| Ongoing Maintenance | Ongoing maintenance challenges | Ongoing support and updates |
| Cost | High upfront investment | Recurring costs |
| ROI | Slower ROI | Proven solutions deliver quicker ROI |
The Centaur Advantage: A CDI Powerhouse
A successful collaboration with a BCBS plan highlights the power of leveraging a FHIR-first approach to CDI with Health Chain:
- FHIR Readiness: The health plan gained a FHIR-ready architecture for efficient health information exchange across use cases.
- Enhanced Data Visibility & Control: A robust dashboard provides complete visibility into the processing of ADT message data.
- Improved Care Coordination: Real-time sharing of ADT notifications optimizes transitions of care and reduces readmissions.
- Increased Member Engagement: Real-time communication regarding admissions, discharges, and transfers fosters a more member-centric experience.
Download the full case study here.
Health Chain’s Success at BCBS in Streamlining CDI with FHIR
By overcoming data variability, Centaur empowers healthcare payers to:
- Gain Actionable Insights: Standardized data facilitates accurate analysis, leading to better-informed decisions for care management, risk adjustment, and utilization management.
- Improve Interoperability: Standardized data fosters seamless exchange of information between healthcare stakeholders, enhancing care coordination and collaboration.
- Reduce Administrative Costs: Data standardization reduces the time and resources required to reconcile discrepancies and integrate data from different sources.
Conclusion:
Building a successful CDI strategy requires a multi-faceted approach. Partnering with specialized technology partners like Health Chain can significantly enhance your CDI efforts by providing expertise, proven solutions, and faster time-to-value. With Centaur Data Platform as your central hub, you can build a robust CDI ecosystem, unlock the full potential of clinical data, and ultimately improve member care and financial performance.
Download Gartner's full analyst insight here: "How Clinical Data Integration Improves U.S. Healthcare Payer Interoperability" for a deeper dive into CDI strategies.Â
