Salient’s Solution Helps Transform Medicaid
The New York State Department of Health Medicaid Redesign Team has released a multi-year action plan to transform the state’s Medicaid program and save a total of $34.3 billion over the next five years. The action plan outlines three main goals: to improve care, improve health, and reduce costs. Salient has been included in the action plan’s Global Cap Spending section as the provider of the visual data mining software that allows analysts to drill down into data and identify cost drivers. Read the Full MRT Report Here
The Governor also announced that the initiatives proposed by the Medicaid Redesign Team (MRT) and adopted by the Legislature last year will lead to major savings for state and federal taxpayers. The MRT initiatives will save a total of $34.3 billion over the next five years- divided between the state and federal government. Personal care spending is on the decline with per-recipient spending reduced to 2006 levels, and spending on home care has been reduced by $300 million since 2010. Without the MRT initiatives, state spending would have grown by $2.3 billion in the 2011-12 fiscal year.” Read Full Press Release Here
Webcast: MRT Demos Salient’s Solution
On October 5, 2011, the Office of Health Insurance Programs gave a live demonstration of the Salient system to the Medicaid Redesign Team. That presentation and participants’ reactions are available for public viewing.
View the webcast here
- Under Archives, look for “October 5, 2011 – Medicaid Redesign Team Meeting”
- Go to 47-minutes to view demo of Salient’s solution
- Run time is approx. 30 min
The Power of Salient
“To effectively track Medicaid spending as well as to better understand
what factors are driving the trend, the state has contracted with Salient,
an innovative New York company. Salient provides New York with a state
of the art visual data mining technology that allows analysts to drill down
into data – even down to the individual patient or provider level – so as to
understand what factors are driving spending. Information can be geomapped and outlier providers can be clearly identified for targeted
interventions.”
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