Health insurers, assuming the role of data aggregator and leveraging their technology and analytics capabilities, offer significant value to all health care stakeholders. Early experiments in the formation of Accountable Care Organizations, as well as the mobilization of Health Insurance Exchanges, offer a window into how even adversaries can team up to produce better results for patients and the bottom line. Based on the Health Research Institute’s in-depth spring 2012 informatics report, Advancing healthcare informatics provides more insight into the opportunities for the health insurance industry.
Today insurance companies and providers alike hold a treasure trove of data, but the real power comes when the two are merged and “data” makes the magical leap to highly valuable “information.” A handful of innovators have begun this transition, pulling together disparate sources of data. These early experiments offer a window into how even adversaries can team up to produce better results for patients and the bottom line.