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How Lightbeam Delivers
Shared Savings And
Reduced Costs
It starts with visibility.
Providing the full
patient picture
By seamlessly bringing data together from multiple sources, Lightbeam delivers visibility into patient populations like never before. This allows healthcare organizations to quickly assess key performance indicators that are critical to financial success, such as identifying patients who need to be proactively treated.
Robust Analytics
Lightbeam helps clients better analyze patient data to understand how they are tracking from a financial and utilization standpoint. Without the level of visibility Lightbeam delivers, properly tracking performance against value-based contracts is next to impossible, potentially resulting in a loss of shared savings or bonuses.
Cost And Utilization Data
Lightbeam’s industry-leading analytics can identify things like cost drivers, out of network “leakage,” or other areas of unnecessary spending. A few key metrics used to evaluate healthcare spend and performance are:
Financial: PPPM, Total Paid, Inpatient Paid, Outpatient Paid, SNF Paid, and more
Utilization: Total Patients, Avoidable ER Visits, Inpatient Admissions, Inpatient Readmissions, and more
Proactive Preventative Care
To thrive in value-based care and earn shared savings, providers must focus on preventative care, not just reactive care. Lightbeam provides a number of program initiatives designed to proactively engage a patient population, saving costs and improving patient outcomes.
Managing Care Transitions
By aggregating hospital ADT feed data, the Lightbeam platform helps our clients identify patients discharged from the hospital the prior day, week or month, allowing clients to provide post-discharge outreach. Using the Cohort Builder, Lightbeam can generate patient lists and automatically assign them to a care manager. Once a patient is identified and assigned, Lightbeam can help develop and guide a care plan that lowers costs and reduces the likelihood of readmission.
Explore The Services That Help Our Clients Save
Real-time results from Lightbeam clients
Vanguard Medical Group (VMG) leveraged Lightbeam’s referral management solution and reduced leakage by 75%.
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Discover how Midwest Health System transformed their care management strategy with Deviceless Remote Patient Monitoring.
VIEW CASE STUDY
Those affected by homelessness make up an incredibly vulnerable part of the population.
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Since implementing Lightbeam’s Population Health Management Platform, Princeton has found success by introducing new workflows that align operational strategies with high quality care.
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Kootenai Care Network Closed 57% of GPRO gaps automatically and reduced clinician labor by 12,722 minutes.
VIEW CASE STUDY
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