Overview

Arcadia's Enhanced Benchmarks is a robust solution designed to empower healthcare organizations by providing comprehensive insights into cost, utilization, risk, and quality key performance indicators (KPIs). By integrating CareJourney's extensive market intelligence—which includes 100% of Medicare fee-for-service claims and Medicare Advantage encounters—with Arcadia's de-identified benchmark sample of over 20 million lives across various payer types, this solution enables organizations to identify blind spots, monitor performance, and benchmark against competitors. The insights are available at multiple levels, including provider, practice, facility, and network, facilitating the discovery of opportunities to enhance performance.

Features and Capabilities

• Comprehensive Data Integration: Utilizes four distinct data sources to provide a complete and thorough benchmarking dataset.
• Timely and Relevant Insights: Offers up-to-date benchmarking information, allowing organizations to identify opportunities using intelligence on peers and the broader market.
• Extensive Metrics Coverage: Provides access to hundreds of metrics related to cost, utilization, risk, and quality, delivering actionable insights for informed decision-making.
• Blind Spot Identification: Helps uncover areas needing improvement by leveraging actionable data, enabling organizations to address inefficiencies effectively.
• Reduced Data Lag: Delivers relevant benchmarks with significantly lower lag compared to other benchmarking solutions, ensuring timely data for strategic initiatives.
• Robust Data Foundation: Supports major initiatives or organizational changes with a reliable and comprehensive data foundation, facilitating informed decision-making and strategic planning.