Risk adjustment solution plays a crucial role in the healthcare industry, helping organizations accurately assess and manage the health risks of their patient populations. This involves intricate processes such as Hierarchical Condition Category Coding, leveraging Natural Language Processing technologies, and integrating multiple strategies.
How Does A Risk Adjustment Solution Work?
Understanding Risk Adjustment
Risk adjustment is a method used to predict the healthcare costs and outcomes of individuals or populations based on their health status.
Purpose:
Facilitates fair compensation to healthcare providers by accounting for the varying health risks among patients.