Total Cost of Care (TCOC) and Total Resource Use

In recent years, many organizations have begun to measure and track health care costs. This process involves a mix of complicated factors, including patient illness burden, market-specific variation, service utilization, and negotiated prices. As a result of these complexities, few cost measures are flexible enough to support different levels of analysis; in other words, most existing measures cannot be disaggregated or rolled-up. The HealthPartners TCOC framework was built to address this problem—it provides a robust, scalable measurement system for both cost and resource use, as well as patient-level predictions to identify high-risk individuals. Additionally, it supplies a reporting suite which easily and systematically pinpoints savings opportunities at the population, provider, condition, procedure, and patient-levels.

Spotlight

Aetna

Here at Aetna, we are building a healthier world by making healthcare easy, affordable and all about you. Follow our LinkedIn page for company news, industry commentary, jobs and more. Founded in 1853 in Hartford, CT, Aetna is one of the nation's leading diversified health care benefits companies, serving an estimated 46.7 million people with information and resources to help them make better decisions about their healthcare. Our Values: At Aetna, we put people at the center of everything we do, making decisions based on integrity, caring, excellence and inspiration. “Our core values guide us to make a difference in your world and throughout the world we reach. I couldn’t be any more proud of the work our people do. Investing in our employees and their success is a cornerstone for building a healthier world.” Mark T. Bertolini, CEO and Chairman of Aetna.

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Spotlight

Aetna

Here at Aetna, we are building a healthier world by making healthcare easy, affordable and all about you. Follow our LinkedIn page for company news, industry commentary, jobs and more. Founded in 1853 in Hartford, CT, Aetna is one of the nation's leading diversified health care benefits companies, serving an estimated 46.7 million people with information and resources to help them make better decisions about their healthcare. Our Values: At Aetna, we put people at the center of everything we do, making decisions based on integrity, caring, excellence and inspiration. “Our core values guide us to make a difference in your world and throughout the world we reach. I couldn’t be any more proud of the work our people do. Investing in our employees and their success is a cornerstone for building a healthier world.” Mark T. Bertolini, CEO and Chairman of Aetna.

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