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Leveraging Technology Partners to Accelerate Different Stages of the CDI Value Chain

HEALTH CHAIN INSIGHTS

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. 

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