VitreosHealth’s Webinar To Reveal How Predictive Analytics Helped GlobalHealth Achieve Medical Loss Reduction (MLR)

VitreosHealth is presenting a free online webinar entitled, ‘GlobalHealth: Achieving MLR Reduction Through Predictive Analytics’ on June 10, 2016 from 11:00 AM – 12:00 PM ET. To register, click here.

GlobalHealth is an HMO offering Medicare Advantage plans for seniors and retired government employees. GlobalHealth also covers a large percentage of Oklahoma’s state and federal government employees, including educators. Since 2014, GlobalHealth has utilized predictive and prescriptive analytics as the basis for a proactive outreach program. This outreach program was established to find the members whose health was most likely to change for the worse in the next 12 months and prevent catastrophic health events.

The webinar examines the circumstances around GlobalHealth’s decision to start a proactive outreach program built on Big Data with a new predictive and prescriptive analytics paradigm. Working with its partner, VitreosHealth, this webinar reviews the how the program has evolved since its inception, the impact it has had, and the overall and ongoing results.

Attendees will learn how this new model for predictive and prescriptive analytics helped GlobalHealth achieve:

  • An 18 percent reduction in emergency room encounters and emergent hospital admissions
  • Seen a 22 percent reduction in readmissions
  • And achieved a per-member per-month (PMPM) reduction in medical cost of about 6 to 8 percent, spread across all members