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9 Cards in this Set
- Front
- Back
Building a Data Warehouse
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Integrating data, for reporting and analysis
1. Define needed data. 2. Collect the data 3. Assure integrity of the data (balancing) 4. Put data into context 5. Do “data mining” |
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Information Management Groups (IMG’s)
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Function-oriented business units
Requirements for the implementation of IMG's: Corporate direction A data warehouse Trained staff dealing with the overlap of data Standardized terminology Centralized IT |
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The Technologies a Company Needs in order to Integrate its MIS’s
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A Client-Server System
Open Architecture – lets data be moved the Internet; an intranet Document Imaging Workflow Management Software a Data Warehouse |
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Components of an Insurance Company’s Management Information
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Financial Reporting Info
revenue; profit premiums expenses Event Info Frequency, Severity, Causes, and Correlations of claims A/E comparisons People Info Self-Interest and Antiselection; effect Utilization and Enrollment |
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CHALLENGES in HEALTH CARE MANAGEMENT INFORMATION
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providers’ systems/technologies not compatible
Quote all the Data Quality Issues the Value of the Data (cost-effective to produce?) Clearly presenting the data (graphics, numbers, readability, knowing your audience) |
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COMMON TYPES OF REPORTS
(“Applications of Management Information Systems”) Historical Studies reporting |
Financial results (LR, expenses, profits)
Persistency studies (lapses) Mortality studies (by age, sex, industry, location, etc.) Disability studies (frequency, severity, recovery rates of disabilities) Claim Lag statistics |
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Current reporting
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Income Statements by block of business
Expenses Acquisitions, Administrative, Marketing, Commissions, Overhead, Premium Taxes. Policyholder Accounting Premiums, Claims, Expenses, Loadings, Pooling Charges Benefit Analysis Reports large claim reports breakdown of charges by “source” (type of care) Managed Care Reports effectiveness of managed care discounts, utilization savings, network effectiveness Provider and Network Monitoring Reports cost vs. quality data must be normalized for case/severity mix compliance credentialing # office visits # patient complaints Sales and Marketing Monitoring Reports Sales and marketing affect revenue, customer relations, public image Monitor: sales-in-progress and closing ratios agent performance key accounts |
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Projecting the Future reporting
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Cash Flow and Asset Projections
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HEDIS reporting
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standard format for managed care reporting.
8 categories of reports: Effectiveness of care, Access, Satisfaction, Plan stability, Utilization, Cost of care, Informed choices, and Descriptive information widely accepted emphasizes quality of care Done. |