The New York State Department of Health Medicaid Redesign Team has released a multi-year action plan to transform the state’s Medicaid program and save a total of $34.3 billion over the next five years. The action plan outlines three main goals: to improve care, improve health, and reduce costs. Salient has been included in the action plan’s Global Cap Spending section as the provider of the visual data mining software that allows analysts to drill down into data and identify cost drivers.
Governor Andrew M. Cuomo announced on May 1 that New York Medicaid spending finished the 2011-12 fiscal year $14 million under the Medicaid Global Spending Cap without reducing benefits, while providing health insurance coverage to an additional 140,000 low income New Yorkers.
According to the MRT Report: “To effectively track Medicaid spending as well as to better understand what factors are driving the trend, the state has contracted with Salient, an innovative New York company. Salient provides New York with a state of the art visual data mining technology that allows analysts to drill down into data – even down to the individual patient or provider level – so as to understand what factors are driving spending. Information can be geomapped and outlier providers can be clearly identified for targeted interventions.
Thanks to this new tool New York is well positioned to not only ensure that state taxpayers get their money’s worth when it comes to Medicaid, but to ensure that budget neutrality is maintained under a new waiver.”
The MRT and the State Department of Health have chosen the Salient solution to track progress on savings initiatives and improve Medicaid oversight and management. Salient is currently in the process of training 100 DOH staff to use this system. Initial trainees are actively tracking the Medicaid Redesign Team proposals, providing a new level of transparency to the Medicaid program and monitoring proposals in real time.