After committing to population health in 2014, the 13-hospital system created Populytics, a for-profit subsidiary that manages its employee health plan and EHR-integrated data platform, according to the July 2 report. Populytics built dashboards and visualizations with Tableau and incorporated performance analytics and risk scoring from Optum. The system can, for example, predict which patients have an elevated risk of developing ketoacidosis, a sometimes fatal diabetes complication.
Lehigh Valley found value in building its own platform because it could devise custom solutions along the way, hired the right data engineers and full-stack web developers, and had Populytics work with its healthcare providers to develop the system, according to PitchBook. The article pointed to Lehigh Valley’s 2 percent operating margin in 2022, above the national average of 0.8 percent, as evidence the value-based care approach is working.
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.