THANK YOU FOR SUBSCRIBING


Dr. Rani Aravamudhan, Head of Clinical Advisory Services, Health Data & Management SolutionsEnter Health Data & Management Solutions (HDMS), a CVS Health company that builds and manages connected health platforms to provide explorable views of data and insights for its clients. The company transforms unrefined data, often disparate and difficult-to access, into integrated, actionable insights derived from a connected health model. “Our widespread partner network, our strengths in data management and health analytics, combined with our AI-powered predictive modeling capabilities allow us to help clients extract insights that will not only stand the test of time, but also the unforeseen market shifts” says Dr. Rani Aravamudhan, head of clinical advisory services at HDMS.
Further discussing the core competencies of her company, Dr. Rani mentions the ‘data Play-Doh’ paradigm that HDMS leverages to extract newer, never-before-seen insights from existing data sets by viewing them through different, more relevant “in-the-moment” lenses and creating new and different metrics or key performance indicators (KPIs). As an example, she elaborates on using HDMS predictive modeling to identify the members who may end up in the ER for preventable reasons, which, when added into a connected health view, could also surface expensive testing or procedures of questionable or low value.Hence reducing the number of preventable ER visits with better primary care - reduces morbidity and conserves resources.
With respect to client engagement, HDMS begins every project by gathering a team that comprises a dedicated account manager, a team of analysts to handle the day to-day due diligence, its senior customer experience personnel, and a member of the clinical analytics department for support. “Once we start receiving data, we use our sophisticated AI algorithms to identify data patterns, and blind spots. We extract metrics that will simplify the process of applying the insights into real-world scenarios,” adds Dr. Rani. HDMS often trains customer teams (data analysts) who wish to be hands-on in the application.
With such unparalleled capabilities, HDMS has ignited success stories since its inception in 1995. Recently, they assisted a leading employer in the healthcare space to accurately evaluate the impact of their onsite medical and dental clinics. Once the study was designed and the value metrics defined in collaboration with the client, HDMS analysts analyzed medical and pharmacy claims, custom data from onsite clinic vendor, as well as leave and disability data sets within their connected health model.
At the heart of this success is HDMS’ ability to seamlessly integrate with and consolidate data from different sources. This simplifies security and privacy complexities related to data sharing across third parties and stringent regulatory mandates, without information loss. At the same time, the company prides itself in its rapid turnaround time, with Dr. Rani mentioning several instances where a team member has assisted clients by turning around an ad-hoc request in record time, a couple of days or even overnight. Above all, the company has a mindset that drives it to leverage data to not only enhance business performance but also deliver real, tangible value in terms of care delivery. Concurrently, HDMS is a big supporter of diversity, equity, and inclusion (DEI) initiatives with experience helping employers identify their shortcomings with respect to offering health benefits to marginalized and minority employees. In fact, according to Dr. Rani, HDMS has played a critical role in raising awareness around the unique health needs of transgender individuals in the workforce across a multitude of businesses.
Looking ahead, HDMS plans include collaborating with additional top health systems and expanding the capabilities of their proprietary algorithms (AI, predictive models and more) to assist clients in coping with the evolving marketplace and member behaviors. Additionally, to highlight their emphasis on DEI, the company has made huge investments in mainstreaming how organizations can leverage data to easily analyze how social determinants of health influence health engagement and outcomes, with baseline and progress dashboards and metrics. The goal is to facilitate better care delivery to more individuals in convenient and affordable ways.
Company
Health Data & Management Solutions
Management
Dr. Rani Aravamudhan, Head of Clinical Advisory Services, Health Data & Management Solutions
Description
Health Data & Management Solutions (HDMS) builds connected health views for employers, health plans, providers and brokers. HDMS transform unrefined data, often disparate and difficult-to-access, into integrated insights. HDMS is a CVS Health company, and part of a groundbreaking health care transformation journey led by data and analytics.