02-03-2023, 07:40 AM
Azara Healthcare, a leading provider of population health management solutions, announced
today the launch of Azara Cost & Utilization, its new application for effectively managing cost
and utilization challenges across patient populations. This powerful addition to the Azara DRVS
population health platform leverages Azara?s ability to aggregate and integrate claims and
clinical data, enabling provider organizations to confidently manage value-based care
arrangements.
Through the use of advanced analytics and interactive visualizations, users can identify trends
and outliers from the population level down to the patient level that are driving costs and
contributing to excessive utilization. Azara Cost & Utilization also provides a view of network
leakage, identifying in- and out-of-network services to deliver the information needed to manage
provider networks more efficiently and effectively.
Azara Cost & Utilization enables organizations to:
- Improve success in value-based care contracts through identification of high-cost/high-
utilization members who can benefit from care management or other more cost-efficient
forms of care.
- Understand costs across all components of the provider network and identify
opportunities for improvement at the network, practice, and provider levels.
- Recognize avoidable inpatient and emergency department (ED) episodes and
implement remediation plans where appropriate.
- Risk stratify patient populations utilizing advanced risk algorithms.
- Gain insight into a network's usage and leakage patterns, identifying opportunities to
expand the network and manage referral trends to help ensure providers are referring in-
network when possible.
"As healthcare organizations continue on their value-based care journey, having quick access to
cost and utilization data helps practices easily identify their highest risk and highest cost
members," said Jeff Brandes, Azara's President & CEO. "Not only does this help improve the
bottom line, but also positively impacts the patient experience, continuity of care, and overall
health of the patient populations our clients are committed to serving."
The Azara Cost & Utilization application requires Azara DRVS.
today the launch of Azara Cost & Utilization, its new application for effectively managing cost
and utilization challenges across patient populations. This powerful addition to the Azara DRVS
population health platform leverages Azara?s ability to aggregate and integrate claims and
clinical data, enabling provider organizations to confidently manage value-based care
arrangements.
Through the use of advanced analytics and interactive visualizations, users can identify trends
and outliers from the population level down to the patient level that are driving costs and
contributing to excessive utilization. Azara Cost & Utilization also provides a view of network
leakage, identifying in- and out-of-network services to deliver the information needed to manage
provider networks more efficiently and effectively.
Azara Cost & Utilization enables organizations to:
- Improve success in value-based care contracts through identification of high-cost/high-
utilization members who can benefit from care management or other more cost-efficient
forms of care.
- Understand costs across all components of the provider network and identify
opportunities for improvement at the network, practice, and provider levels.
- Recognize avoidable inpatient and emergency department (ED) episodes and
implement remediation plans where appropriate.
- Risk stratify patient populations utilizing advanced risk algorithms.
- Gain insight into a network's usage and leakage patterns, identifying opportunities to
expand the network and manage referral trends to help ensure providers are referring in-
network when possible.
"As healthcare organizations continue on their value-based care journey, having quick access to
cost and utilization data helps practices easily identify their highest risk and highest cost
members," said Jeff Brandes, Azara's President & CEO. "Not only does this help improve the
bottom line, but also positively impacts the patient experience, continuity of care, and overall
health of the patient populations our clients are committed to serving."
The Azara Cost & Utilization application requires Azara DRVS.