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Providers Use Data for Best Strategy
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For example, should you expand services? De-identified claims data can help you see the service needs in the market. Read this ebook to learn how you can use data to make confident, informed strategic decisions." /> <meta name="description" content="Healthcare providers need to be innovative to help boost revenue. For example, should you expand services? De-identified claims data can help you see the service needs in the market. Read this ebook to learn how you can use data to make confident, informed strategic decisions." /> <meta property="og:url" content="https://risk.lexisnexis.com/insights-resources/white-paper/providers-use-data-for-best-strategy" /> <meta name="robots" content="INDEX, FOLLOW" /> <link href="https://risk.lexisnexis.com/insights-resources/white-paper/providers-use-data-for-best-strategy" rel="canonical" /> <link rel="alternate" hreflang="en-US" href="https://risk.lexisnexis.com/insights-resources/white-paper/providers-use-data-for-best-strategy" /> <script type="application/ld+json"> { "@context": "https://schema.org", "@type": "Article", "mainEntityOfPage": { "@type": "WebPage", "@id": "https://risk.lexisnexis.com/insights-resources/white-paper/providers-use-data-for-best-strategy" }, "headline": "Providers Use Data for Best Strategy", "description": "Healthcare providers need to be innovative to help boost revenue. For example, should you expand services? De-identified claims data can help you see the service needs in the market. Read this ebook to learn how you can use data to make confident, informed strategic decisions.", "image": "https://risk.lexisnexis.com/-/media/images/healthcare/3-i%20and%20r%20pages/hc%20white%20paper%20and%20e-book/provider%20use%20data%20for%20best%20strategy/ln%20provider_strategic_biz_dev_tile%20jpg.jpg", "publisher": { "@type": "Organization", "name": "LexisNexis Risk Solutions", "logo": { "@type": "ImageObject", "url": "https://risk.lexisnexis.com/areas/lnrs/img/logo.png" } }, "datePublished": "2024-11-07" } </script> <meta name="google-site-verification" content="Je1UI0aXjuViQDJqYkgrA_8toVU-CSXprUMGF2YpDlY" /> <meta name="msvalidate.01" content="B86E7EBDE61DD55945FC098DD995159D" /> <!--[if IE]> <script src="/Areas/LNRS/js/vendor/modernizr.2.6.2.min.js"></script> <![endif]--> <meta name="VIcurrentDateTime" content="638679639833125438" /> <meta name="VirtualFolder" content="/" /> <script type="text/javascript" src="/layouts/system/VisitorIdentification.js"></script> </head> <body data-page-id="11AF153C7DE648298FECB2394DE31B03" data-page-template="351839de-0aa0-448a-8832-2429282c1b78" data-page-language-name="en-US" data-page-version="1" is-preview="False" eloqua-site-id="903" eloqua-contact-lookup-id="7163b45e498b4551927ef339348cd848" eloqua-visitor-lookup-id="73cda5c0017c4b2084a361ff9ce05091" eloqua-first-party-cookie-domain="tracking.risk.lexisnexis.com" class="risk-business-analytics lnrs-resource-page en-us mode-live web" environment="Production"> <script type="text/javascript"> var _elqQ = _elqQ || []; _elqQ.push(['elqSetSiteId', '903']); _elqQ.push(['elqUseFirstPartyCookie', 'tracking.risk.lexisnexis.com']); (function () { function async_load() { var s = document.createElement('script'); s.type = 'text/javascript'; s.async = true; s.src = '//img.en25.com/i/elqCfg.min.js'; var x = document.getElementsByTagName('script')[0]; x.parentNode.insertBefore(s, x); } if (window.addEventListener) window.addEventListener('DOMContentLoaded', async_load, false); else if (window.attachEvent) window.attachEvent('onload', async_load); })(); </script> <script type="text/plain" class="optanon-category-2"> _elqQ.push(['elqTrackPageView']); (function() { function set_optin (){ var json = Optanon.GetDomainData(); for (var i = 0; i < json.Groups.length; i += 1) { var group = json.Groups[i]; var eloquaCookieGroup = null; if (group.Cookies && group.Cookies.length > 0) { for (var k = 0; k < group.Cookies.length; k += 1) { var cookie = group.Cookies[k]; if (cookie.Name === "ELOQUA") { eloquaCookieGroup = group.Parent ? group.Parent.OptanonGroupId : group.OptanonGroupId; } } } if (eloquaCookieGroup !== null) { var groupIsActive = OptanonActiveGroups.indexOf(eloquaCookieGroup) != -1; SetEloquaTracking(groupIsActive); } } } function SetEloquaTracking(optIn) { var trackingStatus = optIn ? 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target="_blank">Insurance Solutions</a><a class="score-button" data-ux-args="{"ClickMessagesTransmitting":[],"StateChangeMessagesTransmitting":[],"ShowActionMessages":[],"HideActionMessages":[]}" data-ux-module="score_bootstrap/Components/Button" data-ux-state="pending" href="https://risk.nexis.com/RealEstate/Login.aspx" target="_blank">Mortgage Industry Data Exchange (MIDEX®)</a><a class="score-button" data-ux-args="{"ClickMessagesTransmitting":[],"StateChangeMessagesTransmitting":[],"ShowActionMessages":[],"HideActionMessages":[]}" data-ux-module="score_bootstrap/Components/Button" data-ux-state="pending" href="https://accuity.worldcompliance.com/" target="_blank">Online Compliance</a><a class="score-button" data-ux-args="{"ClickMessagesTransmitting":[],"StateChangeMessagesTransmitting":[],"ShowActionMessages":[],"HideActionMessages":[]}" data-ux-module="score_bootstrap/Components/Button" data-ux-state="pending" 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href="https://portal.threatmetrix.com" target="_blank" title="ThreatMetrix® Product Sign In">ThreatMetrix®</a><a class="score-button" data-ux-args="{"ClickMessagesTransmitting":[],"StateChangeMessagesTransmitting":[],"ShowActionMessages":[],"HideActionMessages":[]}" data-ux-module="score_bootstrap/Components/Button" data-ux-state="pending" href="https://mfaweb.lexisnexis.com/docauth" target="_blank">TrueID®</a><a class="score-button" data-ux-args="{"ClickMessagesTransmitting":[],"StateChangeMessagesTransmitting":[],"ShowActionMessages":[],"HideActionMessages":[]}" data-ux-module="score_bootstrap/Components/Button" data-ux-state="pending" href="https://trax.zetx.com/" target="_blank">TraX™</a><a class="score-button" data-ux-args="{"ClickMessagesTransmitting":[],"StateChangeMessagesTransmitting":[],"ShowActionMessages":[],"HideActionMessages":[]}" data-ux-module="score_bootstrap/Components/Button" data-ux-state="pending" href="https://members.worldcompliance.com/SignIn.aspx" target="_blank">WorldCompliance™ Online Search Tool</a> </div> </div> </div> </div> <div class="modal-footer score-call-to-action"> </div> </div> </div> </div></div><li class="score-industry-section-menu score-megamenu-dropdown megamenu-full" data-ux-args="{"IsPageEditorEditing":false,"GeneralDescriptions":[["{79C7989C-60C7-4A5A-B0D5-4FC281AABD0C}","Identity verification and authentication, credit risk assessment, fraud prevention, investigations, due diligence solutions to increase revenue and efficiencies."],["{FA5C6F75-58D1-4D5F-B356-0B1674C9AD4E}","Fraud prevention, identity verification, due diligence, compliance, PEP and watchlist screening, credit risk assessment, know your customer, big data solutions."],["{E6B7083B-F188-4D34-829A-2B9B7166C061}","Draw clear, actionable insights to achieve your agency’s mission by leveraging LexisNexis® data, identity intelligence and linking technology."],["{D419217F-FC5A-41DD-A1FE-A5FED109FEC2}","Reducing risk, enabling compliance, increasing patient engagement and improving outcomes through insights from consumer, provider, and claims data analytics."],["{0CED4563-FE0B-43BF-BE8B-0E126205D71B}","Insurance risk solutions that strengthen customer relationships, gain operational efficiencies \u0026 future-proof your organization using data \u0026 advanced analytics."],["{47894F7A-9F65-4557-9FAD-FE672BD6F24F}","Predict, analyze and effectively respond to crime using actionable intelligence derived from law enforcement data analytics and technology."],["{9A62EF06-D8BA-4821-B21C-5B26227EBD43}","Insight and tools that lead debt collectors to the right parties, efficiently and compliantly. Streamline skip tracing efforts and boost profitability."]],"IndustryLinkTextMask":"View $currentIndustryName Home","IndexName":"lnrs-web93-us"}" data-ux-module="LNRS/Components/IndustrySection" data-ux-state="pending"> <a href="#" data-toggle="dropdown">Choose Your Industry</a> <a href="#" class="dropdown-toggle toggle-caret" data-toggle="dropdown"> <span class="caret"></span> <span class="sr-only">toggle menu</span> </a> <ul class="dropdown-menu" role="menu"> <li> <div class="score-megamenu-content"> <div class="second-step" v-bind:class="{hidden: currentStep === 1}" style="display: none"> <ul class="nav nav-pills nav-stacked"> <li class="back-menu"><a href="javascript:void(0)" v-on:click="backStep1Click"><span>Select an Industry</span></a></li> <li><span>Select an Industry</span></li> <li v-bind:class="{active: currentIndustryId === '{79C7989C-60C7-4A5A-B0D5-4FC281AABD0C}'}"> <a data-industryid="{79C7989C-60C7-4A5A-B0D5-4FC281AABD0C}" data-industryname="Corporations" data-industrylink="/corporations-and-non-profits" data-tagretlang="en-US" href="javascript:void(0)" v-on:click="linkClick">Corporations</a> </li> <li v-bind:class="{active: currentIndustryId === '{FA5C6F75-58D1-4D5F-B356-0B1674C9AD4E}'}"> <a data-industryid="{FA5C6F75-58D1-4D5F-B356-0B1674C9AD4E}" data-industryname="Financial Services" data-industrylink="/financial-services" data-tagretlang="en-US" href="javascript:void(0)" v-on:click="linkClick">Financial Services</a> </li> <li v-bind:class="{active: currentIndustryId === '{E6B7083B-F188-4D34-829A-2B9B7166C061}'}"> <a data-industryid="{E6B7083B-F188-4D34-829A-2B9B7166C061}" data-industryname="Government" data-industrylink="/government" data-tagretlang="en-US" href="javascript:void(0)" v-on:click="linkClick">Government</a> </li> <li v-bind:class="{active: currentIndustryId === '{D419217F-FC5A-41DD-A1FE-A5FED109FEC2}'}"> <a data-industryid="{D419217F-FC5A-41DD-A1FE-A5FED109FEC2}" data-industryname="Healthcare" data-industrylink="/healthcare" data-tagretlang="en-US" href="javascript:void(0)" v-on:click="linkClick">Healthcare</a> </li> <li v-bind:class="{active: currentIndustryId === '{0CED4563-FE0B-43BF-BE8B-0E126205D71B}'}"> <a data-industryid="{0CED4563-FE0B-43BF-BE8B-0E126205D71B}" data-industryname="Insurance" data-industrylink="/insurance" data-tagretlang="en-US" href="javascript:void(0)" v-on:click="linkClick">Insurance</a> </li> <li v-bind:class="{active: currentIndustryId === '{47894F7A-9F65-4557-9FAD-FE672BD6F24F}'}"> <a data-industryid="{47894F7A-9F65-4557-9FAD-FE672BD6F24F}" data-industryname="Law Enforcement and Public Safety" data-industrylink="/law-enforcement-and-public-safety" data-tagretlang="en-US" href="javascript:void(0)" v-on:click="linkClick">Law Enforcement and Public Safety</a> </li> <li v-bind:class="{active: currentIndustryId === '{9A62EF06-D8BA-4821-B21C-5B26227EBD43}'}"> <a data-industryid="{9A62EF06-D8BA-4821-B21C-5B26227EBD43}" data-industryname="Collections and Recovery" data-industrylink="/collections-and-recovery" data-tagretlang="en-US" href="javascript:void(0)" v-on:click="linkClick">Collections and Recovery</a> </li> </ul> <div class="tab-content" v-bind:class="{open: currentStep === 2}"> <div id="{79C7989C-60C7-4A5A-B0D5-4FC281AABD0C}" class="tab-pane fade in" v-bind:class="{active: currentIndustryId === '{79C7989C-60C7-4A5A-B0D5-4FC281AABD0C}'}"> <!-- Section title with black link --> <div class="section-title-wraper"> <a class="description-learnmore" href="/corporations-and-non-profits">View Corporations Home</a> </div> <!-- Section title with black link END --> <!-- Section links --> <ul class="level-1 score-section-menu"> <li> <a href="https://risk.lexisnexis.com/financial-services/financial-crime-compliance" class="subpage-link"> <div class="subpage-title">Financial Crime Compliance</div> </a> </li> <li> <a href="/corporations-and-non-profits/fraud-and-identity-management" class="subpage-link"> <div class="subpage-title">Fraud and Identity Solutions</div> </a> </li> <li> <a href="https://risk.lexisnexis.com/collections-and-recovery" class="subpage-link"> <div class="subpage-title">Collections and Recovery</div> </a> </li> <li> <a href="/corporations-and-non-profits/credit-risk-assessment" class="subpage-link"> <div class="subpage-title">Credit Risk Assessment</div> </a> </li> <li> <a href="/corporations-and-non-profits/customer-acquisition" class="subpage-link"> <div class="subpage-title">Customer Acquisition Solutions</div> </a> </li> <li> <a href="https://risk.lexisnexis.com/financial-services/payments-efficiency" class="subpage-link"> <div class="subpage-title">Payments Efficiency</div> </a> </li> <li> <a href="/corporations-and-non-profits/investigations-and-due-diligence" class="subpage-link"> <div class="subpage-title">Investigations and Due Diligence</div> </a> </li> <li> <a href="/corporations-and-non-profits/small-and-mid-sized-business-risk" class="subpage-link"> <div class="subpage-title"> Small and Mid-Sized Business Risk</div> </a> </li> <li> <a href="/corporations-and-non-profits/customer-information-management" class="subpage-link"> <div class="subpage-title">Customer Information Management</div> </a> </li> <li> <a href="/corporations-and-non-profits/risk-orchestration" class="subpage-link"> <div class="subpage-title">Risk Orchestration</div> </a> </li> </ul> <!-- Section Links --> </div> <div id="{FA5C6F75-58D1-4D5F-B356-0B1674C9AD4E}" class="tab-pane fade in" v-bind:class="{active: currentIndustryId === '{FA5C6F75-58D1-4D5F-B356-0B1674C9AD4E}'}"> <!-- Section title with black link --> <div class="section-title-wraper"> <a class="description-learnmore" href="/financial-services">View Financial Services Home</a> </div> <!-- Section title with black link END --> <!-- Section links --> <ul class="level-1 score-section-menu"> <li> <a href="/financial-services/financial-crime-compliance" class="subpage-link"> <div class="subpage-title">Financial Crime Compliance</div> </a> </li> <li> <a href="https://risk.lexisnexis.com/corporations-and-non-profits/fraud-and-identity-management" class="subpage-link"> <div class="subpage-title">Fraud and Identity Management</div> </a> </li> <li> <a href="https://risk.lexisnexis.com/collections-and-recovery" class="subpage-link"> <div class="subpage-title">Collections and Recovery</div> </a> </li> <li> <a href="https://risk.lexisnexis.com/corporations-and-non-profits/credit-risk-assessment" class="subpage-link"> <div class="subpage-title">Credit Risk Assessment</div> </a> </li> <li> <a href="https://risk.lexisnexis.com/corporations-and-non-profits/customer-acquisition" class="subpage-link"> <div class="subpage-title">Customer Acquisition Solutions</div> </a> </li> <li> <a href="/financial-services/payments-efficiency" class="subpage-link"> <div class="subpage-title">Payments Efficiency</div> </a> </li> <li> <a href="https://risk.lexisnexis.com/corporations-and-non-profits/investigations-and-due-diligence" class="subpage-link"> <div class="subpage-title">Investigations and Due Diligence</div> </a> </li> <li> <a href="https://risk.lexisnexis.com/corporations-and-non-profits/small-and-mid-sized-business-risk" class="subpage-link"> <div class="subpage-title">Small and Mid-Sized Business Risk</div> </a> </li> <li> <a href="https://risk.lexisnexis.com/corporations-and-non-profits/customer-information-management" class="subpage-link"> <div class="subpage-title">Customer Information Management</div> </a> </li> <li> <a href="https://risk.lexisnexis.com/corporations-and-non-profits/risk-orchestration" class="subpage-link"> <div class="subpage-title">Risk Orchestration</div> </a> </li> </ul> <!-- Section Links --> </div> <div id="{E6B7083B-F188-4D34-829A-2B9B7166C061}" class="tab-pane fade in" v-bind:class="{active: currentIndustryId === '{E6B7083B-F188-4D34-829A-2B9B7166C061}'}"> <!-- Section title with black link --> <div class="section-title-wraper"> <a class="description-learnmore" href="/government">View Government Home</a> </div> <!-- Section title with black link END --> <!-- Section links --> <h4 class="score-section-menu-group-title">Solutions for Government</h4> <ul class="level-1 score-section-menu"> <li> <a href="/government/business-risk-assessment" class="subpage-link"> <div class="subpage-title">Business Risk Assessment</div> </a> </li> <li> <a href="/government/government-data-quality-management" class="subpage-link"> <div class="subpage-title">Data Quality Management</div> </a> </li> <li> <a href="/government/government-fraud-detection-and-prevention" class="subpage-link"> <div class="subpage-title">Fraud Detection & Prevention</div> </a> </li> <li> <a href="/government/government-identity-assessment-and-assurance" class="subpage-link"> <div class="subpage-title">Identity Assessment & Assurance</div> </a> </li> <li> <a href="/government/payments-and-collections-solutions" class="subpage-link"> <div class="subpage-title">Payments and Collections for Government Agencies</div> </a> </li> </ul> <h4 class="score-section-menu-group-title">Markets We Serve</h4> <ul class="level-1 score-section-menu"> <li> <a href="/government/medicaid-program-management" class="subpage-link"> <div class="subpage-title">Medicaid Program Management</div> </a> </li> <li> <a href="/government/public-cio-and-it-programs" class="subpage-link"> <div class="subpage-title">Public CIO and IT Programs</div> </a> </li> <li> <a href="/government/public-health-agencies" class="subpage-link"> <div class="subpage-title">Public Health Agencies</div> </a> </li> <li> <a href="/government/retirement-systems" class="subpage-link"> <div class="subpage-title">Retirement Systems</div> </a> </li> <li> <a href="/government/social-services-programs" class="subpage-link"> <div class="subpage-title">Social Services Programs</div> </a> </li> <li> <a href="/government/unemployment-insurance-programs" class="subpage-link"> <div class="subpage-title">Unemployment Insurance Programs</div> </a> </li> <li> <a href="/government/vital-records-offices" class="subpage-link"> <div class="subpage-title">Vital Records Offices</div> </a> </li> </ul> <!-- Section Links --> </div> <div id="{D419217F-FC5A-41DD-A1FE-A5FED109FEC2}" class="tab-pane fade in" v-bind:class="{active: currentIndustryId === '{D419217F-FC5A-41DD-A1FE-A5FED109FEC2}'}"> <!-- Section title with black link --> <div class="section-title-wraper"> <a class="description-learnmore" href="/healthcare">View Healthcare Home</a> </div> <!-- Section title with black link END --> <!-- Section links --> <h4 class="score-section-menu-group-title">Markets We Serve</h4> <ul class="level-1 score-section-menu"> <li> <a href="/healthcare/life-sciences" class="subpage-link"> <div class="subpage-title">Life Sciences</div> </a> </li> <li> <a href="/healthcare/pharmacy" class="subpage-link"> <div class="subpage-title">Pharmacy</div> </a> </li> <li> <a href="/healthcare/payer" class="subpage-link"> <div class="subpage-title">Payer</div> </a> </li> <li> <a href="/healthcare/provider" class="subpage-link"> <div class="subpage-title">Provider</div> </a> </li> </ul> <h4 class="score-section-menu-group-title">Capabilities & Solutions</h4> <ul class="level-1 score-section-menu"> <li> <a href="/healthcare/healthcare-market-data" class="subpage-link"> <div class="subpage-title">Healthcare Market Data & Insights</div> </a> </li> <li> <a href="/healthcare/provider-data-management" class="subpage-link"> <div class="subpage-title">Provider Data Management</div> </a> </li> <li> <a href="/healthcare/identity-verification" class="subpage-link"> <div class="subpage-title">Identity Verification for Healthcare</div> </a> </li> <li> <a href="/healthcare/real-world-data" class="subpage-link"> <div class="subpage-title">Real-World Data & Insights</div> </a> </li> <li> <a href="/healthcare/population-health" class="subpage-link"> <div class="subpage-title">Population Health Data & Insights</div> </a> </li> <li> <a href="/healthcare/whole-person-care" class="subpage-link"> <div class="subpage-title">Whole Person Data & Insights</div> </a> </li> </ul> <!-- Section Links --> </div> <div id="{0CED4563-FE0B-43BF-BE8B-0E126205D71B}" class="tab-pane fade in" v-bind:class="{active: currentIndustryId === '{0CED4563-FE0B-43BF-BE8B-0E126205D71B}'}"> <!-- Section title with black link --> <div class="section-title-wraper"> <a class="description-learnmore" href="/insurance">View Insurance Home</a> </div> <!-- Section title with black link END --> <!-- Section links --> <h4 class="score-section-menu-group-title">Markets We Serve</h4> <ul class="level-1 score-section-menu"> <li> <a href="/insurance/auto" class="subpage-link"> <div class="subpage-title">Auto Insurance</div> </a> </li> <li> <a href="https://risk.lexisnexis.com/law-enforcement-and-public-safety/automated-crash-and-incident-reporting" class="subpage-link"> <div class="subpage-title">Law Enforcement & Safety Leaders</div> </a> </li> <li> <a href="/insurance/commercial-insurance-solutions" class="subpage-link"> <div class="subpage-title">Commercial Insurance</div> </a> </li> <li> <a href="/insurance/life-insurance-solutions" class="subpage-link"> <div class="subpage-title">Life Insurance</div> </a> </li> <li> <a href="/insurance/home-insurance-solutions" class="subpage-link"> <div class="subpage-title">Home Insurance</div> </a> </li> <li> <a href="/insurance/solutions-for-automakers" class="subpage-link"> <div class="subpage-title">Solutions for Automakers</div> </a> </li> </ul> <h4 class="score-section-menu-group-title">Capabilities & Solutions</h4> <ul class="level-1 score-section-menu"> <li> <a href="/insurance/acquisition-retention" class="subpage-link"> <div class="subpage-title">Acquisition & Retention</div> </a> </li> <li> <a href="/insurance/fraud-detection" class="subpage-link"> <div class="subpage-title">Fraud Detection</div> </a> </li> <li> <a href="/insurance/insurance-claims-management" class="subpage-link"> <div class="subpage-title">Claims</div> </a> </li> <li> <a href="/insurance/lexisnexis-identity-access-management-solutions-for-insurance" class="subpage-link"> <div class="subpage-title">Identity Access Management</div> </a> </li> <li> <a href="/insurance/compliance" class="subpage-link"> <div class="subpage-title">Compliance</div> </a> </li> <li> <a href="/insurance/quoting-and-underwriting" class="subpage-link"> <div class="subpage-title">Quoting & Underwriting</div> </a> </li> <li> <a href="/insurance/data-analytics-and-modeling" class="subpage-link"> <div class="subpage-title">Data Analytics & Modeling</div> </a> </li> <li> <a href="/insurance/telematics" class="subpage-link"> <div class="subpage-title">Telematics</div> </a> </li> <li> <a href="/insurance/data-prefill" class="subpage-link"> <div class="subpage-title">Data Prefill</div> </a> </li> </ul> <!-- Section Links --> </div> <div id="{47894F7A-9F65-4557-9FAD-FE672BD6F24F}" class="tab-pane fade in" v-bind:class="{active: currentIndustryId === '{47894F7A-9F65-4557-9FAD-FE672BD6F24F}'}"> <!-- Section title with black link --> <div class="section-title-wraper"> <a class="description-learnmore" href="/law-enforcement-and-public-safety">View Law Enforcement and Public Safety Home</a> </div> <!-- Section title with black link END --> <!-- Section links --> <ul class="level-1 score-section-menu"> <li> <a href="/law-enforcement-and-public-safety/success-stories-and-testimonials" class="subpage-link"> <div class="subpage-title">Law Enforcement Success Stories and Testimonials</div> </a> </li> </ul> <h4 class="score-section-menu-group-title">Solutions For Law Enforcement</h4> <ul class="level-1 score-section-menu"> <li> <a href="/law-enforcement-and-public-safety/crime-analytics-and-mapping" class="subpage-link"> <div class="subpage-title">Crime Analytics and Mapping</div> </a> </li> <li> <a href="/law-enforcement-and-public-safety/automated-crash-and-incident-reporting" class="subpage-link"> <div class="subpage-title">Automated Crash and Incident Reporting</div> </a> </li> <li> <a href="/law-enforcement-and-public-safety/tools-for-mapping-and-analytics-on-devices" class="subpage-link"> <div class="subpage-title">Tools for Mapping and Analytics on Devices</div> </a> </li> </ul> <h4 class="score-section-menu-group-title">Investigative Services</h4> <ul class="level-1 score-section-menu"> <li> <a href="/law-enforcement-and-public-safety/public-safety-investigative-services-and-consulting" class="subpage-link"> <div class="subpage-title">Criminal Investigative Services</div> </a> </li> <li> <a href="/law-enforcement-and-public-safety/law-enforcement-and-police-training-courses-online" class="subpage-link"> <div class="subpage-title">Device Geolocation Training</div> </a> </li> <li> <a href="/law-enforcement-and-public-safety/public-safety-marketplace" class="subpage-link"> <div class="subpage-title">Public Safety Marketplace</div> </a> </li> </ul> <h4 class="score-section-menu-group-title"></h4> <ul class="level-1 score-section-menu"> </ul> <!-- Section Links --> </div> <div id="{9A62EF06-D8BA-4821-B21C-5B26227EBD43}" class="tab-pane fade in" v-bind:class="{active: currentIndustryId === '{9A62EF06-D8BA-4821-B21C-5B26227EBD43}'}"> <!-- Section title with black link --> <div class="section-title-wraper"> <a class="description-learnmore" href="/collections-and-recovery">View Collections and Recovery Home</a> </div> <!-- Section title with black link END --> <!-- Section links --> <ul class="level-1 score-section-menu"> <li> <a href="/collections-and-recovery/skip-tracing" class="subpage-link"> <div class="subpage-title">Skip Tracing</div> </a> </li> <li> <a href="/collections-and-recovery/collections-compliance" class="subpage-link"> <div class="subpage-title">Collections Compliance</div> </a> </li> <li> <a href="/collections-and-recovery/debt-recovery-assessment" class="subpage-link"> <div class="subpage-title">Debt Recovery Assessment</div> </a> </li> </ul> <!-- Section Links --> </div> </div> </div> <div class="first-step" v-bind:class="{hidden: currentStep !== 1}"> <div class="section-header"> <h3 class="section-title">Industries</h3> <p class="lead section-description"></p> </div> <ul class="nav" role="tablist"> <li> <a href="javascript:void(0)" v-on:click="linkClick" data-industryid="{79C7989C-60C7-4A5A-B0D5-4FC281AABD0C}" data-industryname="Corporations" data-industrylink="/corporations-and-non-profits" data-tagretlang="en-US" class="subpage-link"> <div class="subpage-title">Corporations</div> <div class="description">Identity verification and authentication, credit risk assessment, fraud prevention, investigations, due diligence solutions to increase revenue and efficiencies.</div> <div class="learnmore"><span class="btn btn-link">Learn More</span></div> </a> </li> <li> <a href="javascript:void(0)" v-on:click="linkClick" data-industryid="{FA5C6F75-58D1-4D5F-B356-0B1674C9AD4E}" data-industryname="Financial Services" data-industrylink="/financial-services" data-tagretlang="en-US" class="subpage-link"> <div class="subpage-title">Financial Services</div> <div class="description">Fraud prevention, identity verification, due diligence, compliance, PEP and watchlist screening, credit risk assessment, know your customer, big data solutions.</div> <div class="learnmore"><span class="btn btn-link">Learn More</span></div> </a> </li> <li> <a href="javascript:void(0)" v-on:click="linkClick" data-industryid="{E6B7083B-F188-4D34-829A-2B9B7166C061}" data-industryname="Government" data-industrylink="/government" data-tagretlang="en-US" class="subpage-link"> <div class="subpage-title">Government</div> <div class="description">Draw clear, actionable insights to achieve your agency’s mission by leveraging LexisNexis® data, identity intelligence and linking technology.</div> <div class="learnmore"><span class="btn btn-link">Learn More</span></div> </a> </li> <li> <a href="javascript:void(0)" v-on:click="linkClick" data-industryid="{D419217F-FC5A-41DD-A1FE-A5FED109FEC2}" data-industryname="Healthcare" data-industrylink="/healthcare" data-tagretlang="en-US" class="subpage-link"> <div class="subpage-title">Healthcare</div> <div class="description">When the right data meets the right technologies, healthcare organizations can transform complexity into opportunity and deliver better health for all.</div> <div class="learnmore"><span class="btn btn-link">Learn More</span></div> </a> </li> <li> <a href="javascript:void(0)" v-on:click="linkClick" data-industryid="{0CED4563-FE0B-43BF-BE8B-0E126205D71B}" data-industryname="Insurance" data-industrylink="/insurance" data-tagretlang="en-US" class="subpage-link"> <div class="subpage-title">Insurance</div> <div class="description">Insurance risk solutions that strengthen customer relationships, gain operational efficiencies & future-proof your organization using data & advanced analytics.</div> <div class="learnmore"><span class="btn btn-link">Learn More</span></div> </a> </li> <li> <a href="javascript:void(0)" v-on:click="linkClick" data-industryid="{47894F7A-9F65-4557-9FAD-FE672BD6F24F}" data-industryname="Law Enforcement and Public Safety" data-industrylink="/law-enforcement-and-public-safety" data-tagretlang="en-US" class="subpage-link"> <div class="subpage-title">Law Enforcement and Public Safety</div> <div class="description">Predict, analyze and effectively respond to crime using actionable intelligence derived from law enforcement data analytics and technology.</div> <div class="learnmore"><span class="btn btn-link">Learn More</span></div> </a> </li> <li> <a href="javascript:void(0)" v-on:click="linkClick" data-industryid="{9A62EF06-D8BA-4821-B21C-5B26227EBD43}" data-industryname="Collections and Recovery" data-industrylink="/collections-and-recovery" data-tagretlang="en-US" class="subpage-link"> <div class="subpage-title">Collections and Recovery</div> <div class="description">Insight and tools that lead debt collectors to the right parties, efficiently and compliantly. Streamline skip tracing efforts and boost profitability.</div> <div class="learnmore"><span class="btn btn-link">Learn More</span></div> </a> </li> </ul> </div> </div> </li> </ul> </li><li class="score-megamenu-basic-item" data-ux-args="{"ClickMessagesTransmitting":[]}" data-ux-module="score_bootstrap/Components/BasicMenuItem" data-ux-state="pending" role="menuitem"><a href="https://risk.lexisnexis.com/products">Products</a></li><li class="score-megamenu-basic-item active-section" data-ux-args="{"ClickMessagesTransmitting":[]}" data-ux-module="score_bootstrap/Components/BasicMenuItem" data-ux-state="pending" role="menuitem"><a href="https://risk.lexisnexis.com/insights-resources">Insights and Resources</a></li><li class="score-megamenu-dropdown" data-ux-args="{"IsEditorEditing":false,"ClickMessagesTransmitting":[]}" data-ux-module="score_bootstrap/Components/MegaMenuItem" data-ux-state="pending" role="menuitem"> <a href="#" data-toggle="dropdown"> About Us </a> <a href="#" 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class="score-highlight-body"> View biographical information about our leadership team. </div> <div class="score-call-to-action"> <a class="score-button btn-link btn-clickable-area btn-clickable-area-double-activator" data-ux-args="{"ClickMessagesTransmitting":[],"StateChangeMessagesTransmitting":[],"ShowActionMessages":[],"HideActionMessages":[]}" data-ux-module="score_bootstrap/Components/Button" data-ux-state="pending" href="https://risk.lexisnexis.com/about-us/leadership">Learn More</a><a class="score-button btn-clickable-area" data-ux-args="{"ClickMessagesTransmitting":[],"StateChangeMessagesTransmitting":[],"ShowActionMessages":[],"HideActionMessages":[]}" data-ux-module="score_bootstrap/Components/Button" data-ux-state="pending" href="https://risk.lexisnexis.com/about-us/leadership">Leadership</a> </div> </div> </div> <div class="custom-highlight score-highlight highlight-card" data-ux-args="{"IsInEditing":false,"CtaLinkSelector":".score-call-to-action 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data-ux-module="LNRS/Components/Content/CustomHighlight" data-ux-state="pending"> <div class="score-highlight-header"> </div> <div class="caption"> <h4>Corporate Responsibility</h4> <div class="score-highlight-body"> See how we give back to our community. </div> <div class="score-call-to-action"> <a class="score-button btn-link btn-clickable-area btn-clickable-area-double-activator" data-ux-args="{"ClickMessagesTransmitting":[],"StateChangeMessagesTransmitting":[],"ShowActionMessages":[],"HideActionMessages":[]}" data-ux-module="score_bootstrap/Components/Button" data-ux-state="pending" href="https://risk.lexisnexis.com/corporate/corporate-responsibility" target="_blank">Learn More</a><a class="score-button btn-clickable-area" data-ux-args="{"ClickMessagesTransmitting":[],"StateChangeMessagesTransmitting":[],"ShowActionMessages":[],"HideActionMessages":[]}" data-ux-module="score_bootstrap/Components/Button" data-ux-state="pending" href="https://risk.lexisnexis.com/corporate/corporate-responsibility" target="_blank">Learn More</a> </div> </div> </div> <div class="custom-highlight score-highlight highlight-card" data-ux-args="{"IsInEditing":false,"CtaLinkSelector":".score-call-to-action a.score-button","ImageSmallWidth":400,"ImageMediumWidth":650,"ImageBigWidth":950,"ImageUrlSmall":"","ImageUrlMedium":"","ImageUrlBig":"","FullSizeImage":"","PrimaryImageGuid":"495893f0-e7c9-4156-869c-02acca86582e","SecondImageUrlSmall":"","SecondImageUrlMedium":"","SecondImageUrlBig":"","SecondFullSizeImage":"","SecondaryImageGuid":"391e302b-a0a8-4481-b22b-644948df4778"}" data-ux-module="LNRS/Components/Content/CustomHighlight" data-ux-state="pending"> <div class="score-highlight-header"> </div> <div class="caption"> <h4>Diversity & Inclusion</h4> <div class="score-highlight-body"> View our commitment to diversity and inclusion. </div> <div class="score-call-to-action"> <a class="score-button btn-link btn-clickable-area btn-clickable-area-double-activator" data-ux-args="{"ClickMessagesTransmitting":[],"StateChangeMessagesTransmitting":[],"ShowActionMessages":[],"HideActionMessages":[]}" data-ux-module="score_bootstrap/Components/Button" data-ux-state="pending" href="https://risk.lexisnexis.com/corporate/diversity" target="_blank">Learn More</a><a class="score-button btn-clickable-area" data-ux-args="{"ClickMessagesTransmitting":[],"StateChangeMessagesTransmitting":[],"ShowActionMessages":[],"HideActionMessages":[]}" data-ux-module="score_bootstrap/Components/Button" data-ux-state="pending" href="https://risk.lexisnexis.com/corporate/diversity" target="_blank">Learn More</a> </div> </div> </div> <div class="custom-highlight score-highlight highlight-card" data-ux-args="{"IsInEditing":false,"CtaLinkSelector":".score-call-to-action a.score-button","ImageSmallWidth":400,"ImageMediumWidth":650,"ImageBigWidth":950,"ImageUrlSmall":"","ImageUrlMedium":"","ImageUrlBig":"","FullSizeImage":"","PrimaryImageGuid":"abfe47d1-407e-41b3-8519-a0220cdcce9a","SecondImageUrlSmall":"","SecondImageUrlMedium":"","SecondImageUrlBig":"","SecondFullSizeImage":"","SecondaryImageGuid":"56ae4949-301e-4af7-a586-a41d43181509"}" data-ux-module="LNRS/Components/Content/CustomHighlight" data-ux-state="pending"> <div class="score-highlight-header"> </div> <div class="caption"> <h4>Our Technology</h4> <div class="score-highlight-body"> Learn about the technology that powers our solutions. </div> <div class="score-call-to-action"> <a class="score-button btn-link btn-clickable-area btn-clickable-area-double-activator" data-ux-args="{"ClickMessagesTransmitting":[],"StateChangeMessagesTransmitting":[],"ShowActionMessages":[],"HideActionMessages":[]}" data-ux-module="score_bootstrap/Components/Button" data-ux-state="pending" href="https://risk.lexisnexis.com/our-technology">Learn More</a> </div> </div> </div> <div class="custom-highlight score-highlight highlight-card" data-ux-args="{"IsInEditing":false,"CtaLinkSelector":".score-call-to-action a.score-button","ImageSmallWidth":400,"ImageMediumWidth":650,"ImageBigWidth":950,"ImageUrlSmall":"","ImageUrlMedium":"","ImageUrlBig":"","FullSizeImage":"","PrimaryImageGuid":"17b87b49-47e6-4f5c-af37-53f245690800","SecondImageUrlSmall":"","SecondImageUrlMedium":"","SecondImageUrlBig":"","SecondFullSizeImage":"","SecondaryImageGuid":"5b06f61a-4374-4c4d-a6f5-11a33cf10eb7"}" data-ux-module="LNRS/Components/Content/CustomHighlight" data-ux-state="pending"> <div class="score-highlight-header"> </div> <div class="caption"> <h4>News Room</h4> <div class="score-highlight-body"> View our press releases and stories. </div> <div class="score-call-to-action"> <a class="score-button btn-link btn-clickable-area btn-clickable-area-double-activator" data-ux-args="{"ClickMessagesTransmitting":[],"StateChangeMessagesTransmitting":[],"ShowActionMessages":[],"HideActionMessages":[]}" data-ux-module="score_bootstrap/Components/Button" data-ux-state="pending" href="https://risk.lexisnexis.com/about-us/press-room">Learn More</a><a class="score-button btn-clickable-area" data-ux-args="{"ClickMessagesTransmitting":[],"StateChangeMessagesTransmitting":[],"ShowActionMessages":[],"HideActionMessages":[]}" data-ux-module="score_bootstrap/Components/Button" data-ux-state="pending" href="https://risk.lexisnexis.com/about-us/press-room">Press Room</a> </div> </div> </div> <div class="custom-highlight score-highlight highlight-card" data-ux-args="{"IsInEditing":false,"CtaLinkSelector":".score-call-to-action a.score-button","ImageSmallWidth":400,"ImageMediumWidth":650,"ImageBigWidth":950,"ImageUrlSmall":"","ImageUrlMedium":"","ImageUrlBig":"","FullSizeImage":"","PrimaryImageGuid":"ab6f33a7-0bcf-498c-99dc-35ac98e7eb78","SecondImageUrlSmall":"","SecondImageUrlMedium":"","SecondImageUrlBig":"","SecondFullSizeImage":"","SecondaryImageGuid":"ddfa00b4-64a1-4d9e-947c-8445c2715f00"}" data-ux-module="LNRS/Components/Content/CustomHighlight" data-ux-state="pending"> <div class="score-highlight-header"> </div> <div class="caption"> <h4>Experts</h4> <div class="score-highlight-body"> View experts across industries we serve. </div> <div class="score-call-to-action"> <a class="score-button btn-link btn-clickable-area btn-clickable-area-double-activator" data-ux-args="{"ClickMessagesTransmitting":[],"StateChangeMessagesTransmitting":[],"ShowActionMessages":[],"HideActionMessages":[]}" data-ux-module="score_bootstrap/Components/Button" data-ux-state="pending" href="https://risk.lexisnexis.com/about-us/experts">Learn More</a><a class="score-button btn-clickable-area" data-ux-args="{"ClickMessagesTransmitting":[],"StateChangeMessagesTransmitting":[],"ShowActionMessages":[],"HideActionMessages":[]}" data-ux-module="score_bootstrap/Components/Button" data-ux-state="pending" href="https://risk.lexisnexis.com/about-us/experts">Speakers Bureau</a> </div> </div> </div> <div class="custom-highlight score-highlight highlight-card" data-ux-args="{"IsInEditing":false,"CtaLinkSelector":".score-call-to-action a.score-button","ImageSmallWidth":400,"ImageMediumWidth":650,"ImageBigWidth":950,"ImageUrlSmall":"","ImageUrlMedium":"","ImageUrlBig":"","FullSizeImage":"","PrimaryImageGuid":"01e83c33-3af0-45e9-8c99-2d42b558ad7f","SecondImageUrlSmall":"","SecondImageUrlMedium":"","SecondImageUrlBig":"","SecondFullSizeImage":"","SecondaryImageGuid":"a155adc9-2c5a-4c05-88c6-eda5e8a2b466"}" data-ux-module="LNRS/Components/Content/CustomHighlight" data-ux-state="pending"> <div class="score-highlight-header"> </div> <div class="caption"> <h4>The ADAM Program</h4> <div class="score-highlight-body"> See how we help bring missing kids home. </div> <div class="score-call-to-action"> <a aria-label="Learn More about The ADAM Program" class="score-button btn-link btn-clickable-area btn-clickable-area-double-activator" data-ux-args="{"ClickMessagesTransmitting":[],"StateChangeMessagesTransmitting":[],"ShowActionMessages":[],"HideActionMessages":[]}" data-ux-module="score_bootstrap/Components/Button" data-ux-state="pending" href="https://risk.lexisnexis.com/adam" title="Learn More about The ADAM Program">Learn More</a> </div> </div> </div></div><div class="score-style-box clearfix" data-ux-args="{"IsEditorEditing":false,"StateChangeMessagesTransmitting":[],"ShowActionMessages":[],"HideActionMessages":[]}" data-ux-module="score_bootstrap/Components/StyleBox" data-ux-state="pending" style=""> <div class="custom-highlight score-highlight highlight-card" data-ux-args="{"IsInEditing":false,"CtaLinkSelector":".score-call-to-action a.score-button","ImageSmallWidth":400,"ImageMediumWidth":650,"ImageBigWidth":950,"ImageUrlSmall":"","ImageUrlMedium":"","ImageUrlBig":"","FullSizeImage":"","PrimaryImageGuid":"bce92474-da1b-4562-a9f0-45acca3b5add","SecondImageUrlSmall":"","SecondImageUrlMedium":"","SecondImageUrlBig":"","SecondFullSizeImage":"","SecondaryImageGuid":"d9cc7872-b8d8-4903-8fff-78e0575e3c39"}" data-ux-module="LNRS/Components/Content/CustomHighlight" data-ux-state="pending"> <div class="score-highlight-header"> </div> <div class="caption"> <h4>Corporate Alliances and Partnerships</h4> <div class="score-highlight-body"> We collaborate with resellers and integrators to help solve business challenges. </div> <div class="score-call-to-action"> <a class="score-button btn-link btn-clickable-area btn-clickable-area-double-activator" data-ux-args="{"ClickMessagesTransmitting":[],"StateChangeMessagesTransmitting":[],"ShowActionMessages":[],"HideActionMessages":[]}" data-ux-module="score_bootstrap/Components/Button" data-ux-state="pending" href="https://risk.lexisnexis.com/about-us/alliance-partnerships/corporate">Learn More</a> </div> </div> </div> <div class="custom-highlight score-highlight highlight-card" data-ux-args="{"IsInEditing":false,"CtaLinkSelector":".score-call-to-action a.score-button","ImageSmallWidth":400,"ImageMediumWidth":650,"ImageBigWidth":950,"ImageUrlSmall":"","ImageUrlMedium":"","ImageUrlBig":"","FullSizeImage":"","PrimaryImageGuid":"31a19977-8aa3-4af9-abc1-8742906c25c9","SecondImageUrlSmall":"","SecondImageUrlMedium":"","SecondImageUrlBig":"","SecondFullSizeImage":"","SecondaryImageGuid":"7a54478c-33f1-401b-b8a5-649cfb2362d7"}" data-ux-module="LNRS/Components/Content/CustomHighlight" data-ux-state="pending"> <div class="score-highlight-header"> </div> <div class="caption"> <h4>Government Alliances</h4> <div class="score-highlight-body"> World-class government technology solutions for the public good. </div> <div class="score-call-to-action"> <a class="score-button btn-link btn-clickable-area btn-clickable-area-double-activator" data-ux-args="{"ClickMessagesTransmitting":[],"StateChangeMessagesTransmitting":[],"ShowActionMessages":[],"HideActionMessages":[]}" data-ux-module="score_bootstrap/Components/Button" data-ux-state="pending" href="https://risk.lexisnexis.com/about-us/alliance-partnerships/government">Learn More</a> </div> </div> </div> <div class="custom-highlight score-highlight highlight-card" data-ux-args="{"IsInEditing":false,"CtaLinkSelector":".score-call-to-action a.score-button","ImageSmallWidth":400,"ImageMediumWidth":650,"ImageBigWidth":950,"ImageUrlSmall":"","ImageUrlMedium":"","ImageUrlBig":"","FullSizeImage":"","PrimaryImageGuid":"f9a0110a-ff9b-4fd1-bfb7-c54a9c7e36bf","SecondImageUrlSmall":"","SecondImageUrlMedium":"","SecondImageUrlBig":"","SecondFullSizeImage":"","SecondaryImageGuid":"1d1856fd-c1b7-43e1-a182-6d6bcaa3140f"}" data-ux-module="LNRS/Components/Content/CustomHighlight" data-ux-state="pending"> <div class="score-highlight-header"> </div> <div class="caption"> <h4>Healthcare Partnerships</h4> <div class="score-highlight-body"> Powerful data fusion and analytics solutions to make business much more efficient. </div> <div class="score-call-to-action"> <a class="score-button btn-link btn-clickable-area btn-clickable-area-double-activator" data-ux-args="{"ClickMessagesTransmitting":[],"StateChangeMessagesTransmitting":[],"ShowActionMessages":[],"HideActionMessages":[]}" data-ux-module="score_bootstrap/Components/Button" data-ux-state="pending" href="https://risk.lexisnexis.com/about-us/alliance-partnerships/healthcare">Learn More</a> </div> </div> </div> <div class="custom-highlight score-highlight highlight-card" data-ux-args="{"IsInEditing":false,"CtaLinkSelector":".score-call-to-action a.score-button","ImageSmallWidth":400,"ImageMediumWidth":650,"ImageBigWidth":950,"ImageUrlSmall":"","ImageUrlMedium":"","ImageUrlBig":"","FullSizeImage":"","PrimaryImageGuid":"ad2cc269-9860-4cbb-98be-8e526ff2fee6","SecondImageUrlSmall":"","SecondImageUrlMedium":"","SecondImageUrlBig":"","SecondFullSizeImage":"","SecondaryImageGuid":"eab1efd0-eb01-4145-8b4b-bbf59d1276c3"}" data-ux-module="LNRS/Components/Content/CustomHighlight" data-ux-state="pending"> <div class="score-highlight-header"> </div> <div class="caption"> <h4>Insurance Alliances</h4> <div class="score-highlight-body"> An ecosystem of data and service providers for the insurance industry. </div> <div class="score-call-to-action"> <a class="score-button 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<div class="container score-page-layout-column1 "> <div class="score-column1 " > <div class="score-center"> <div class="score-hero block-hero" style="" > <h1> Market Data Is Essential to Strategic Revenue Growth for Hospitals and Health Systems </h1> <div class="score-call-to-action"> </div> </div> </div> </div> </div> </div><div class="container score-page-layout-column1 "> <div class="score-column1 " > <div class="score-center"> <ol class="score-breadcrumb bucket-breadcrumb" itemscope itemtype="http://schema.org/BreadcrumbList"> <li class="score-breadcrumb-item" itemprop="itemListElement" itemscope itemtype="http://schema.org/ListItem"> <a href="https://risk.lexisnexis.com/" itemprop="item" title=""> <span itemprop="name"> Home </span> </a> <meta itemprop="position" content="1" /> </li> <li class="score-breadcrumb-item" itemprop="itemListElement" itemscope itemtype="http://schema.org/ListItem"> <a href="https://risk.lexisnexis.com/insights-resources" itemprop="item" title=""> <span itemprop="name"> Insights and Resources </span> </a> <meta itemprop="position" content="2" /> </li> <li class="score-breadcrumb-item" itemprop="itemListElement" itemscope itemtype="http://schema.org/ListItem"> <a href="https://risk.lexisnexis.com/insights-resources/white-paper" itemprop="item" title=""> <span itemprop="name"> White Paper </span> </a> <meta itemprop="position" content="3" /> </li> <li class="score-breadcrumb-item active"> Providers Use Data for Best Strategy </li> </ol> </div> </div> </div> <div class="score-stripe border-top" style="" > <div class="container score-page-layout-column2 score-page-layout-large-left "> <div class="score-column2 wide-left" > <div class="score-left"> <div class="score-content-spot" > <img src="https://risk.lexisnexis.com/-/media/images/healthcare/3-i%20and%20r%20pages/hc%20white%20paper%20and%20e-book/provider%20use%20data%20for%20best%20strategy/ln%20provider_strategic_biz_dev_web%20250x167%20jpg.jpg?la=en-us&h=167&w=250&hash=1FCF5C6FB3DC27A6E2EE2FEF9C54E7BB" style="height:167px; width:250px; float: left; margin-right: 10px; margin-bottom: 2px;" alt="Data for Provider Best Practices" /> <h3 style="z-index: 1; color: teal;">Providers are highly focused on top line revenue and margin challenges from rising costs, inflation, physician shortages and an aging population that requires more complex care.</h3> <p style="z-index: 1;"> Providers are trying to deliver cost-effective care, while managing financial challenges. Growth and financial stability are key areas of focus. <br /> <br /> Healthcare provider organizations have gotten through the high labor costs from the pandemic, but now face cost of care exceeding the level of reimbursements.<sup>1</sup> Commercial insurance is estimated to pay on average ~190% of the traditional Medicare rate<sup>2</sup>. Medicaid reimbursement is nearly 30% lower than Medicare on average, and up to 50% lower for some services.<sup>3</sup> The shift in membership across plan types requires providers to re-evaluate their revenue strategies, operating income targets, and expense targets. All impacting financial planning. <br /> <br /> Healthcare provider organizations work hard to deliver care their patients need. They can optimize the revenue cycle, but ultimately, these organizations must find new opportunities for growth. It’s a matter of viability. <br /> <br /> To get a competitive edge on competition, you need to know what they are doing. Market data insights are critical to get a “market view”. De-identified claims can help you get the insights you need to make informed strategic decisions. You can see individual providers and institutions, and their real-life relationships. <br /> <br /> Referral leakage can be as high as 55-65% for a health system. That means for a hospital with 100 affiliated providers, it could cost as much as $97M per year.<sup>4</sup></p> <p style="z-index: 1;">Market data insights can help you: </p> <ul> <li style="z-index: 1;">Understand market share and competition </li> <li style="z-index: 1;">Attract new patients and drive referral volumes </li> <li style="z-index: 1;">Determine reimbursement rates compared to competitors </li> </ul> <p style="z-index: 1;">Identify potential expansion services inside the hospital <br /> <br /> You can also use market insights when you are considering expanding outside the hospital. If you are considering expanding by adding a facility analysis is necessary to determine the busiest practitioners by specialty to reach out to each and determine the interest level. <br /> <br /> De-identified claims data gives you an unbiased view and gives you competitive intelligence you need to expand. If you are looking for potential new streams for revenue, you can determine by procedure volumes, referrals and reimbursement rates what might be a good area for growth. </p> <p style="z-index: 1;">Have a goal of increasing your outpatient volumes because you recently built an ambulatory surgical center, analyze referrals by care setting to find potential physicians to target. <br /> <br /> Depending on the source, the average hospital loses 10-30 percent of their revenue to patient referral leakage, which causes $200 to $500 million in losses per year.<sup>5</sup> Physician referrals are an important part of revenue streams. How much physician referral leakage are you experiencing? It’s important to monitor what is going out of network. Are your network physicians potentially referring outside the network. Market data insights can tell you all that and inform your referral management strategy. <br /> <br /> </p> <h4 style="z-index: 1; color: teal;"> Read the “How Hospitals and Health Systems Use Market Data to Make Informed Strategic Decisions” ebook to learn how you can use data to develop innovative strategy. </h4> <p style="z-index: 1;"> </p> <p style="z-index: 1;">References:</p> <p style="z-index: 1;">[1] Hospitals Face Financial Pressures as Costs of Caring Continue to Surge,https://www.aha.org/news/perspective/2024-05-10-hospitals-face-financial-pressures-costs-caring-continue-surge#:~:text=The%20AHA's%20new%20Costs%20of,of%20reimbursement%20%E2%80%A6%20by%20a%20lot. <br /> <br /> [2] Commercial reimbursement benchmarking (milliman.com), <br /> https://www.milliman.com/en/insight/commercial-reimbursement-benchmarking/ <br /> <br /> [3] How Differences in Medicaid, Medicare, and Commercial Health Insurance Payment Rates Impact Access, Health Equity, and Cost | Commonwealth Fund, <br /> https://www.commonwealthfund.org/blog/2022/how-differences-medicaid-medicare-and-commercial-health-insurance-payment-rates-impact <br /> <br /> [4] 30 Healthcare Statistics That Keep Hospital Executives Up at Night,https://getreferralmd.com/30-healthcare-statistics-keep-hospital-executives-night/ <br /> <br /> </p> </div> <div class="score-column1"> <div class="score-center"> <div class="score-style-box tags score-resource-tags"> <div class="score-button-group"> <a lang="en-US" class="score-button score-button" href="https://risk.lexisnexis.com/insights-resources?idx=lnrs-web93-us&dFR[_template][0]={351839DE-0AA0-448A-8832-2429282C1B78}&dFR[_template][1]={3760C9B0-040B-441B-89D4-D36F0DD765AA}&fR[_language][0]=en-US&hFR[hierarchical industries.lvl0][0]=Healthcare">Healthcare</a> </div> </div> </div> </div> </div> <div class="score-right"> <p class="score-lead" > Access Ebook Here </p><img src="https://risk.lexisnexis.com/-/media/images/healthcare/3-i%20and%20r%20pages/hc%20white%20paper%20and%20e-book/provider%20use%20data%20for%20best%20strategy/overall%20market%20data%20ebook%20jpg.jpg?h=197&iar=0&w=255&hash=21802C174C9E0D7E8757EEB1E8340FE6" class="score-image img-responsive" alt="Provider Best Strategy" /> <div class="eloqua-master-form-6fb87f6b2e734784974e8bf499fe76f5" data-ux-args="{"url":"/GetEloquaFieldIds/%7BFB9C27BB-8ACA-4132-A9A3-1EA25B2403D1%7D","pageId":{"Guid":"11af153c-7de6-4829-8fec-b2394de31b03","IsGlobalNullId":false,"IsNull":false},"itemId":{"Guid":"fb9c27bb-8aca-4132-a9a3-1ea25b2403d1","IsGlobalNullId":false,"IsNull":false},"formId":"6fb87f6b2e734784974e8bf499fe76f5","isEditing":false,"dynamicAttribution":true,"fourDigitCodes":"{\r\n \"BL3P\": \"Blog, 3rd Party\",\r\n \"BLLN\": \"Blog, LNRS\",\r\n \"CS3P\": \"Content Syndication, 3rd Party\",\r\n \"DMLN\": \"Direct Mail, 3rd Party\",\r\n \"DS3P\": \"Display, 3rd Party\",\r\n \"DSGO\": \"Display, 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