What You Should Know:
– Healthify in partnership with Algorex Health Technologies, announced the results of new social determinants of health (SDoH) population analysis of Excellus BlueCross BlueShield (BCBS) members.
– SDoH are non-clinical conditions that significantly affect health outcomes. The analysis identified Excellus BCBS members who are struggling with SDoH such as unstable housing, food insecurity and neighborhood stress – which has enabled Excellus BCBS to develop a targeted SDoH strategy focusing on members with the most need.
Healthify, a company that works with managed care organizations to integrate social determinants of health (SDoH) into the healthcare ecosystem, in partnership with Algorex Health Technologies, today announced the results of SDoH population analysis of Excellus BlueCross BlueShield (BCBS) members that identified high-risk members and the value of implementing SDoH initiatives. The data identified members who are struggling with unstable housing, food insecurity and neighborhood stress, which has enabled Excellus BCBS to develop a targeted SDoH strategy focusing on members with the most need.
Excellus BCBS turned to Healthify and healthcare data analytics company Algorex Health to provide deep analytic insights about how social determinants of health affect health quality and cost. The SDoH data showed significant social needs among members in Medicaid and other government sponsored programs and the value of addressing the most prominent social determinants of health of these members.
Healthify creates the infrastructure that drives collaboration among community-based organizations, healthcare payers, providers and policy makers to address social disparities with aligned incentives and accountability. Healthify recently announced a partnership with Algorex Health Technologies to expand its SDoH capabilities to include SDoH predictive analytics that help health plan and provider organizations better understand and proactively address the social needs of vulnerable populations.
“SDoH analytics are critical for health plans that are implementing SDoH solutions,” said Manik Bhat, Founder and Chief Executive Officer of Healthify. “Analytics helps health plans build financial cases to solve for SDoH, prioritize highest-impact interventions in an accountable network and determine the right level of investment for SDoH initiatives.”