This is the time of year when many payers are finalizing their data analytics and technology infrastructure budgets for the coming year. As health care digital transformation continues to accelerate, Medicare Advantage plans have an urgent imperative to collaboratively achieve cross-functional alignment on major initiatives.

Because foundational data platforms ingest, curate, enrich and make accessible, provider and patient data to all internal and external health plan stakeholders, it’s critical for health plan executives to have top-of-mind awareness of cross-functional interdependencies. Payer department heads and other senior leaders should take note of these considerations when reaching consensus on next year’s data analytics-driven strategic priorities, goals and investments:

As your plan moves through its planning and budgeting cycle, take the opportunity to question if your current clinical data integration approach is up to the task and aligned with your near term and strategic goals. Health Chain, a trusted clinical data integration partner for several Blue Cross Blue Shield plans, can help you think through flexible and scalable technology solutions that improve efficiencies, strengthen plan profitability and increase member and provider satisfaction.