Keith Somers of Health Corum explores healthcare data transparency, provider benchmarking, and data-driven decision-making, driving value-based care and improved patient outcomes.

In this conversation, Keith Somers from Health Quorum discusses the unique approach of his company in providing healthcare data transparency and benchmarking for providers. He emphasizes the importance of data-driven decision-making in healthcare, the role of various stakeholders including patients and payers, and the challenges of utilizing claims data effectively. The discussion also touches on the significance of clinician involvement in data validation, the correlation between price and quality in healthcare, and the geographical variations in healthcare delivery. Overall, the conversation highlights the ongoing innovations in healthcare and the need for better data utilization to improve patient outcomes.

Title– How Can Data-Driven Benchmarking Transform Care? Ft. Keith Somers, Health Corum x SCALE Community  

Key Timestamps

• {00:00} Introduction to Health Corum
• {01:03} What makes Health Corum unique
• {04:17} Who is the end user?
• {05:54} Client breakdown and use cases
• {08:19} Scale: number of providers tracked
• {09:33} Where does the data come from?
• {12:35} Why insurers don’t build this themselves
• {14:54} Example: How payers use Health Corum
• {16:07} Key metrics and KPIs measured
• {17:43} Risk adjustment and fair comparisons

Key Takeaways

• Health Quorum aims to provide transparency in healthcare decision-making.
• The company uses claims data to measure provider effectiveness and outcomes.
• End users include patients, payers, and healthcare providers.
• Health plans utilize data for network optimization and patient navigation.
• The company analyzes 1.5 million providers across the country.
• Data sources include CMS and commercial payers.
• Clinician involvement is crucial for data validation and benchmarking.
• There is a discrepancy between price and quality in healthcare services.
• Geographical variations affect healthcare quality and access.
• Consumerization of healthcare is driving demand for better data and transparency.

Guest Bio – Keith Somers

Keith Somers is the CEO and Co-Founder of Health Corum, where he is redefining healthcare transparency and value-based care. Renowned for leveraging advanced analytics to benchmark provider performance, Keith empowers payers, employers, and health systems to drive better clinical and financial outcomes. His data-driven vision is setting new standards for quality, efficiency, and accountability across the healthcare industry.

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About the Host – Roy Bejarano

Roy Bejarano is the Co-Founder and CEO of SCALE Healthcare, the nation’s leading healthcare services consulting firm. As host of the Analyzing Healthcare podcast, Roy convenes top healthcare executives, policy innovators, and thought leaders to challenge conventional thinking and shape the future of healthcare strategy, MSO leadership, and system innovation.

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Keywords

Healthcare System, Healthcare Podcast, Healthcare Trends, Healthcare Strategies, Thought Leaders, Industry Insights, Healthcare Governance, Leadership, MSO Strategy, Value-based Care, Health Corum, Keith Somers, Claims Data, Provider Benchmarking, Network Optimization, Risk Adjustment, Data-driven Healthcare, Clinical Quality, Payer Solutions, Employer Strategy, Digital Health, Patient Outcomes, Health IT, Healthcare AI, Population Health, Executive Interview, Innovation