A Brentwood, Tennessee, analytics and data science company has recently launched its newest tool, which can help provide and predict insights into market-level health care consumption trends.
The COVID-19 pandemic has not only made an immense impact on people’s health but also on the health care economy, and providers are often trying to comprehend and predict what’s next for them. Trilliant Health’s Demand Forecast solution is changing this.
"It’s that forward-looking view that enables health systems to game-plan a scenario out and make better investments to care for patients in the community," Jason Nardella, senior vice president of predictive analytics at Trilliant Health, told Fierce Healthcare.
Trilliant Health developed a new analytics tool that helps strategy teams see a 10-year view of the health care market. The insights will be based on claims, demographics and psychographic data.
The tool was created to help health care providers "see around the corner," according to Fierce Healthcare. It would allow them to recognize which consumers are driving growth across gender, age, location and care behavior (incidence rate), which would enable them to create the appropriate growth strategies.
Trilliant Health works with more than 75 of the top U.S. health systems, which includes more than 1,500 hospitals, Fierce Healthcare reported.