Over $12 billion in performance incentives are offered yearly in the U.S. to health plans with top-quality scores. However, these scores are a constantly evolving target, influenced by the industry’s annual performance. This dynamic often leads to health plans misdirecting their efforts, as benchmarks shift in unexpected ways.
However, monthly benchmark reporting allows health plans to manage and track goals, outreach, and intervention programs month over month. In this blog, we'll discuss how health plans can use monthly predictive and comparative analytics benchmarking to understand where they need to go and how to get there on various measures.