If innovation is where necessity and opportunity converge with experience and creativity, the Aon Medical Malpractice Diagnostic (MMD) is the embodiment of that statement. MMD is a patent-pending, analytic modeling process that aligns and contrasts loss experience, CMS quality performance ratings and community health indicators to provide a clear understanding of what is driving an organization’s risks and costs. By evaluating risk three-dimensionally, healthcare organizations can apply the right resources at the right time to have the greatest impact.
The Process
Claims Analysis
The Claims Analysis elements of the MMD allow the user to understand the historical loss experience with the use of key performance indicators, a hierarchy analysis, loss profile and a two-dimensional loss analysis that illustrates the top loss drivers by frequency and severity.
The analysis includes:
|
|
CMS Quality Indicator
The CMS Performance Metrics illustrate a specific facility’s quality performance to include star ratings. A facility-to-facility performance contrast & comparison, along with state and county performance comparisons are also included.
These performance metrics include:
- Patient satisfaction scores (HCAHPS)
- Care related infections
- Patient safety indicators
- Readmissions measures (HRRP)
Community Risk Indicator
The Community Risk Index is a composite tool that provides insights into the overall health of the community that a facility services.
Community health indicators include:
- Community morbidity and pre-existing conditions
- Community income ratios
- Community age dynamics
- Access to care
- Languages
- Disability ratios
- Environmental risks
- Crime statistics