India's largest platform for AI & Analytics leaders & professionals

Sign in

India's largest platform for AI & Analytics leaders & professionals

3AI Digital Library

Gaps in Coding

3AI August 18, 2020

Leading healthcare insurance provider

Problem Statement

  • To identify any revenue leakage due to gaps in HCC coding and subsequent risk-adjusted payments that are based on each member’s HCCs
  • Business objective was to develop an analytics process to predict any gaps in coding/HCC at each member level to plug any revenue leakage

Analytics Led Approach

  • An advanced next-gen HCC Gaps in coding analytics solution was developed :
    • Leverages machine learning algorithms to predict and identify missing and suspected HCCs and ICDs at member level
    • Provides a detailed predictive score-based map of all potential coding gaps for a member in a calendar period
    • Enables effective coding corrections by focused targeting of provider for filling coding gaps and behavior modification

Business Impact

  • Creation of HCC/HHS-HCC output file with member level HCC/HHS-HCC codes in order to maximize capitated payments

Critical Success Factors

  • Ability to pro-actively segment and target less likely members to ensure increased completion rates Advanced process to identify potential coding gaps among MA member
  • Enabled targeted approach toward coding correction via provider
  • $3.8mn – $18.8mn worth of potential annual revenue leakage identification per 31,374 members (assuming acceptance of 10 %– 50% of identified gaps)

    3AI Trending Articles

  • Mirae Asset Launches $35 Mn Early Stage Fund For India

    The Mirae Asset Venture Opportunities Fund will have an average ticket size of $2 Mn – $4 Mn The early stage fund will back up the Mirae Asset-Naver Asia Growth Fund, which was launched in 2018 Besides its new early stage fund, Mirae Asset has invested in Ola, Bigbasket, Zomato, Shadowfax and other Indian startups […]

  • Revenue Growth Management in the New E-Commerce-led Phygital World

    Author: Imran Saeed, Vice President and Global Head CPG, Course5 Intelligence (LinkedIn – linkedin.com/in/imran-saeed-608a3b1) ‘Phygital’ is a portmanteau of ‘physical’ and ‘digital’ and symbolizes the seamless relationship between the two channels. It takes the best elements from both and merges them to create an entirely new customer retail experience. Though this does bring in a […]

  • SolarWinds cyber attack: Catalyst to rethink Federal Cybersecurity

    Federal chief information officers and chief information security officers didn’t get a lot of sleep last week, and may not for the foreseeable future. CIOs and CISOs have spent a long week trying to get a handle on the impact on their networks, systems and data from the SolarWinds cyber attack. After the Department of Homeland […]

  • Mental Health Startup Wysa backed by Google In Series A Round

    Wysa is artificial intelligence (AI)-driven virtual coach that combines empathetic listening with evidence-based therapeutic techniques Bengaluru-based mental health startup Wysa is looking to raise funds from Google, the company’s filings with the ministry of corporate affairs (MCA) confirm.  The filings, which contain Wysa parent Touchkin Eservices Private Limited’s articles of association (AOA), read, ‘“Series A1 […]