UnitedHealth Group announced plans to invest around $8 million to launch a data science initiative with the HBCU group Atlanta University Center Consortium:
over the next five years to launch a data science initiative with the Atlanta University Center Consortium, a group of historically black colleges and universities , per Forbes.Robust data analysis is critical for the implementation of value-based care , which ties provider compensation to patient outcomes rather than the number of services provided.
UnitedHealth's value-based payment reimbursement plans are a critical tool for cutting the costs of care. In 2018, United announced that it observed a 22% drop in readmission rates for patients covered by its VBC Spine and Joint Solution, as well as a 17% decrease in complications for joint replacement surgeries.
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