Medicare Advantage Data

Medicare advantage data
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At Nomad Data we help you find the right dataset to address these types of needs and more. Sign up today and describe your business use case and you'll be connected with data vendors from our nearly 3000 partners who can address your exact need.
Datasets such as alternative data (AD) and healthcare data (HD) provide insightful information to help business professionals gain unmatched perspective and improved understanding of the healthcare field. Understanding the Medicare Advantage (MA) market requires obtaining pharmaceutical and provider payments, specialty claims reporting, historical trends, and regulatory changes. Without having such insights, it is impossible to make well-informed decisions or to assess the learning curve of the market. Unfortunately, obtaining such datasets can be difficult and time-consuming.

AD and HD make it easy to access insights quickly and accurately. By applying proper analytics to AD and HD datasets, it is possible to uncover valuable insights regarding the Medicare Advantage market. Such datasets contain claims insights that provide information regarding services, providers, locations, and more. The datasets span an array of both real-world and financial data obtained via investigative reporting, surveys, public records, and other reliable sources.

These datasets can be used to identify trends such as the location of provider payments, the providers with the highest MA payments, and the types of services that are most requested by MA members. They are invaluable as they provide a comprehensive understanding of the Medicare Advantage market and help business professionals understand the industry better.

For example, HD datasets can be used to identify which providers are most common in the MA market and any discrepancies in payments such as in-network versus out-of-network pricing. It is also possible to identify which provider networks have the most reimbursement rates for services via HD datasets. By applying proper analytics to such datasets, it is possible to uncover valuable insights that would have been inaccessible without the help of such datasets.

In addition to AD and HD datasets, business professionals can also utilize datasets such as International Classification of Diseases (ICD) codes and National Provider Identifiers (NPIs) to gain more insight into the Medicare Advantage market. ICD codes indicate the type of service performed by a provider, while NPIs show the identity of providers. Such datasets provide insight into the services and providers that offer services to MA members.

Overall, datasets such as AD, HD, ICD codes, and NPIs provide valuable insights into the Medicare Advantage market. By combining these datasets and applying analytics, business professionals can gain a comprehensive understanding of MA. Such information can then be used to identify trends, patterns, and insights that will ultimately help businesses make better-informed decisions regarding the Medicare Advantage market.
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