March 11th saw the World Health Organization (WHO) declare a pandemic. This marked a change that immediately impacted our daily lives – our world has a new normal. In it, we need to rapidly adapt to change and heath analytics can show us what to tackle first.
Our ability to understand risk and anticipate spread of the novel coronavirus is inextricably linked to rapidly evolving data. What we know changes swiftly and yet our lives cannot completely stop; businesses still need to function. Now more than ever, we need to harness health analytics to guide companies through ongoing data-driven decisions as we react, recover, re-open, and plan for 2021.
A COVID-19 Analytics Agenda
HDMS recognizes the opportunity to leverage our clinical and analytic experts to offer content to support companies that extend even beyond our own client base. We created an Analytics Agenda and supporting resources to best leverage health analytics to support your organization.
We recommend a framework of COVID-19 analytics that include these key focus areas in three phases:
- Acute: quantify your population vulnerabilities for strategic planning and resource management
- Short term: understand COVID costs, quantify cost offsets due to delayed or reduced care. Use this to re-plan the current benefit year, track wellness issues, and perform cost modeling for 2021
- New normal: use COVID insights to benefit plan for 2021, manage wellness in our new world, accelerate good health and prevention
HDMS clients should reach out to their Customer Experience team members for analytic templates that produce the results and metrics shared here.
Check out our COVID-19 Analytics Agenda resources.
An Analytics Agenda for COVID-19 | Watch
A COVID-19 Cost Model – Tips and a Template | Watch
An Analytics Agenda for COVID-19 – Quantifying Deferred Care | Watch
Other Related HDMS Resources
LinkedIn Article: Data tells a hopeful story of COVID-19 | Read
Five Tips for Optimizing your COVID-19 Cost Model | Read
LinkedIn Article: A helping hand – a COVID-19 impact calculator | Read
Impact Calculator | Download
Countering COVID-19: Using phased data analytics to shape benefits plans | Read