Mayo Clinic's new data analytic networks aim to help health systems leverage the power of data analytics and AI. How does this push the boundary of value-based healthcare?
Mayo Clinic's new venture into value-based and data-driven healthcare has pushed the company to innovate toward a more data-analytic and value-based healthcare approach. The new system aims to integrate AI, cloud technology, and data-driven solutions to help health systems provide better care. Mayo Clinic announces this move in partnership with Hospital Israelita Albert Einstein, Sheba Medical Center, and University Health Network through its Mayo Connect Platform
Through Mayo's Data Behind Glass approach, Connect members gain secure, cloud-based access to de-identified clinical data for research. The innovative model allows each health system to retain control over its own data, eliminating the need to move information between systems. Within this network, Mayo Clinic is able to support health systems by providing them with predictive capabilities through its cloud system.
Mayo clinic alliance and Partnership's initial focus is on information collaboration and algorithm development, enabling the analysis of disease treatment and prevention patterns. The goal is to promote proactive and predictive medicine, ultimately improving patient outcomes. This comes at a time when Mayo Clinic is pushing for value-based care which hinges on using data and information to extrapolate predictive information for the benefit of the patient.
Data-driven healthcare plays a pivotal role in advancing value-based care models. By leveraging advanced analytics and insights from Mayo Clinic Platform_Connect, healthcare providers can implement proactive strategies to improve patient health outcomes while reducing costs.
In a value-based care approach, healthcare providers are incentivized based on patient outcomes and quality of care rather than the traditional fee-for-service model. The data-driven approach facilitated by Mayo Clinic Platform Connect offers several key benefits for value-based care implementation:
The College of Healthcare Information Management Executives (CHIME) is an executive organization dedicated to serving senior digital health leaders. CHIME includes more than 5,000 members in 56 countries and two US territories and partners with over 150 healthcare IT businesses and professional services firms. CHIME enables its members and business partners to collaborate, exchange ideas, develop professionally and advocate the effective use of information management to improve the health and care throughout the communities they serve. CHIME's members are chief information officers (CIOs), chief medical information officers (CMIOs), chief nursing information officers (CNIOs), chief innovation officers (CIOs), chief digital officers (CDOs), and other senior healthcare leaders. The CHIME India Chapter became the first international chapter outside North America in 2016 and is now a community of over 70+ members in India. For more information, please visit www.chimecentral.org