Identify impactable members, not just high risk members - NextInsight™
NextInsight delivers actionable insights by identifying and ranking member attributes that drive Key Performance Indicators (KPI’s) such as # of ER visits, retention %, and total medical cost. Proprietary algorithms restructure data types, impute missing values, and eliminate redundant predictors. Statistical and machine learning algorithms then compute correlations, define clusters and generate cluster attribute breakdowns to deliver not just a list of high risk members but a highly targeted list of impactable members. Engaging these members is what drives significant cost savings.
- Visualize multiple member attributes (demographics, KPI’s, behaviors, etc.) within clusters
- Replace labor intensive, trial-and-error approaches to customer segmentation and KPI analysis by harnessing advanced prescriptive analytics techniques
- Access member population insights and attributes that drive KPI's which facilitates additional targeted interventions.