Lifting Performance Above Market Averages
A large New England health system used PROMETHEUS Analytics to measure its cost performance for several episodes of care. The health system found it beat the market average consistently for routine colonoscopies. However, after learning it placed below average for gall bladder surgeries and knee arthroscopies, the organization directed significant resources toward those service lines and populations. After decreasing costs associated with potentially avoidable complications (PACs) by 35%, the health system soon began to outperform market averages for these two procedures as well.