Summary
This document is a guide on Converged Analytics Benchmarking, which provides health plans with monthly insights into their performance relative to peers. It utilizes the healthcare industry’s largest primary source dataset to conduct real-time analyses for producing reliable industry benchmarks within current quality measurement periods. The benchmarking software is designed to deliver timely results based on monthly extracts of real-time measure performance, allowing health plans to visualize insights and make improvements within the year. The methodology includes calculating benchmark percentiles based on aggregated HEDIS rates across various projects and measurement periods. Key features include detailed data analysis, support for all lines of business, and seamless integration with existing quality offerings. The guide emphasizes the importance of data-driven decision-making and the ability to identify strengths and weaknesses in performance, enabling health plans to remain competitive and optimize costs effectively.
