Welcome to the latest #DataRX Report, a weekly digest of interesting news and trending topics in the healthcare industry. Every Friday we're pulling together the best articles and insights to keep payors and providers informed, engaged and up to date on the headlines that are impacting the industry.
Walmart’s next healthcare move: Using data to identify bad doctors
Walmart has forced its suppliers to be efficient and low cost, could the company apply the same pressure to force out doctors who don’t practice evidence-based medicine? No current medical associations, insurance companies or state insurance boards have been able to do it, but Walmart is trying. Find out exactly how they plan to do so here.
Prescription for Payors
Payer-provider partnerships on record pace
Payors and providers across the nation are partnering up. In 2014, less than 25% of partnerships were joint ventures or co-branded, but 2018 is an entirely different story. Find out why here.
Is health care ready for digital reality? Blockchain use-cases in life sciences and health care are breaking down industry silos. Sound interesting? Check out the podcasts here.
Fewer than 4% of health systems and managed care organizations have invested in Social Determinants of Health technology but adoption is on track to increase to 12-15% by 2023. Social innovation is happening in the tech space regarding SDoH, and EHRs play a part. Find out how here.
Prescription for Providers
What providers should know about CMS patient relationship category codes
Codes have been reported voluntary thus far but could become more important to understand as the journey toward value-based reimbursement continues. Find out more about the codes and what you need to know.
The Biggest Problem with Managing Unstructured Data and What To Do About It
If collecting data is the only objective of your data analytics strategy, you’re missing the point (and several opportunities). Learn more about what you’re missing out on.
The U.S. health care industry faces a data collection conundrum. A targeted supplemental data approach can identify when further exploration is warranted. Find out more here.