Healthcare Analytics: Analytics and machine learning - Analytics Magazine

The U.S. healthcare system is well on its way in the transition to value-based payment models that reward providers for delivering quality outcomes and keeping patients healthy. In fact, as of March 2016, the Department of Health and Human Services reported that an estimated 30 percent of Medicare payments were already tied to these new alternative payment systems. Value-based programs are replacing traditional fee-for-service models that pay providers based on the number of services delivered. The newer models are designed to encourage care that is well-coordinated, cost-effective and lead to quality patient outcomes. In order to achieve new payment objectives, providers are seeking opportunities to engage patients in their own care, improve patient satisfaction and keep patients healthier.