Find Your Value
In Your Value-Based Contracts
Empowering Providers
We know independent physician practices (IPA) and FQHCs face mounting pressure to deliver high-quality care while navigating complex, risk-based contracts.
When negotiating with health plans, they struggle to translate improved health outcomes into measurable financial value – possibly leaving significant dollars on the table. That’s why Parallel Health Analytics gives you easy-to-use tools to lead with data—helping you not just keep up but make your practice thrive.
What You Gain with Parallel Health Analytics
Forecast with Confidence
Run our predictive analytics to model future healthcare costs and utilization for your contracted populations. Equip your team with accurate projections that strengthen payer negotiations and allow you to risk-stratify patients for targeted care outreach.
Monitor & Improve Performance
Track progress against quality benchmarks, adverse event reduction, and cost-saving goals in real time. Our platform makes it easy to connect clinical impact to financial results—so you can intervene early, adapt strategies, and drive better outcomes.
Simulate Workflows & Quantify ROI
Explore the “what if.” Simulate alternative clinical workflows and patient engagement strategies to see how different approaches affect year-end contract performance. Quantify the ROI of every decision before you make it.
AI-Powered Chatbots Provide Instant Insights
Leverage the latest AI algorithms and agentic models to convert your natural language data queries into answers and insights instantly
What Data Powers the Platform
Every client submits four core data sets that fuel our analytics engine—giving a complete picture of your attributed population and their healthcare interactions.
Data Provided by Clients
Every client shares four essential data sets that power the core analytics engine:
- Medical and Pharmacy Claims: Details of all billable healthcare activity
- Eligibility Files: Coverage start and end dates, along with dependent status
- Demographics: Basic information such as name, date of birth, and address
- Electronic Health Record (EHR) and EMR Data: Structured provider-patient engagement and quality measurement
Tailored Data Integration
To expand capabilities and real-time insights, we’re building infrastructure to incorporate:
- EHR and EMR Data: Clinical notes, lab results, and unstructured data captured during patient visits
- ADT Feeds: Hospital Admission, Discharge, and Transfer notifications for continuous care coordination
- Medicare Files: Full integration of Medicare claims, eligibility, and risk adjustment data to enhance modeling for dual-eligible and aging populations
Augmented with Public Data
We enhance client-supplied data with curated, publicly available sources for richer insights:
Social Determinants of Health: Community-level indicators impacting health outcomes
Geographic and Census Data: Location context to understand regional care needs and access
Claims Grouping Algorithms: From AHRQ, used to classify and interpret claim types and trends
Put Your Application Outputs into Action
Once you’ve run your population data through the patent-pending Parallel Health Analytics Application, the results help you take decisive action across key areas:
1. Outcomes Modeling Inform Negotiations
Use output data to inform and strengthen your delegated risk contract negotiations. Set future performance thresholds around critical outcomes such as:
- Total Cost of Care (PMPM)
- Admissions per Thousand
- ER Visits per Thousand
- Readmission Rate
- Patient Engagement Rate
2. Outcomes Tracking to See Performance
Track progress against those same metrics in real time throughout the performance period—enabling continuous improvement and timely course correction.
3. Optimized Contracting Saves on Resources
Cut down on the need for in-house data scientists, medical economists, and actuaries. Our platform delivers contract-ready outputs that let your team negotiate with confidence and precision—and save money at the same time.
Unlock the Power of Your Healthcare Data
Partner with Parallel Health Analytics to get the full potential of your healthcare data, negotiate stronger contracts, and transform your approach to value-based care. Sign up today for a 30-minute demo.