Using asymmetric cost matrices to optimize care management interventions

<?xml version="1.0" encoding="UTF-8"?><modsCollection xmlns="http://www.loc.gov/mods/v3" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.loc.gov/mods/v3 http://www.loc.gov/standards/mods/v3/mods-3-8.xsd">
<mods version="3.8">
<titleInfo>
<title>Using asymmetric cost matrices to optimize care management interventions</title>
</titleInfo>
<name type="personal" usage="primary" xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20210005374">
<namePart>Gibbs, Zoe</namePart>
<nameIdentifier>MAPA20210005374</nameIdentifier>
</name>
<name type="personal" xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20130016856">
<namePart>Hartman, Brian M.</namePart>
<nameIdentifier>MAPA20130016856</nameIdentifier>
</name>
<typeOfResource>text</typeOfResource>
<genre authority="marcgt">periodical</genre>
<originInfo>
<place>
<placeTerm type="code" authority="marccountry">esp</placeTerm>
</place>
<dateIssued encoding="marc">2021</dateIssued>
<issuance>serial</issuance>
</originInfo>
<language>
<languageTerm type="code" authority="iso639-2b">spa</languageTerm>
</language>
<physicalDescription>
<form authority="marcform">print</form>
</physicalDescription>
<abstract displayLabel="Summary">The majority of health care expenditures are incurred by a small portion of the population. Care management or intervention programs may help reduce medical costs, especially those of extremely high-cost members. For these programs to be effective, however, the insurer must identify and select potential high-cost members to be assigned to an intervention before they incur those costs. Because high medical costs are often connected to an accident or traumatic event that cannot be anticipated, it can be difficult to predict who will be high-cost in the future. In this article, we explore the use of machine learning in predicting high-cost members. Specifically, we use the extreme gradient boosting algorithm to develop risk scores for members based on demographic, medical, and financial histories. To select members for intervention, we develop asymmetric cost matrices that account for potentially unequal savings or losses for assigning interventions to members. We show how these matrices can be reduced to a function of the expected savings per dollar of intervention, which is easily used to optimize the risk score threshold at which members are assigned an intervention. These techniques, which can be tailored to the specific needs of an insurer, may help insurers select the optimal members for intervention programs, reduce overall costs, and improve member health outcomes.</abstract>
<note type="statement of responsibility">Zoe Gibbs, Brian Hartman</note>
<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20130012056">
<topic>Gastos médicos</topic>
</subject>
<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080573867">
<topic>Seguro de salud</topic>
</subject>
<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080606695">
<topic>Información asimétrica</topic>
</subject>
<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080594794">
<topic>Asistencia sanitaria</topic>
</subject>
<subject authority="lcshac" xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080638337">
<geographic>Estados Unidos</geographic>
</subject>
<classification authority="">6</classification>
<relatedItem type="host">
<titleInfo>
<title>North American actuarial journal</title>
</titleInfo>
<originInfo>
<publisher>Schaumburg : Society of Actuaries, 1997-</publisher>
</originInfo>
<identifier type="issn">1092-0277</identifier>
<identifier type="local">MAP20077000239</identifier>
<part>
<text>01/03/2021 Tomo 25 Número 1 - 2021 , p. 62-72</text>
</part>
</relatedItem>
<recordInfo>
<recordContentSource authority="marcorg">MAP</recordContentSource>
<recordCreationDate encoding="marc">210331</recordCreationDate>
<recordChangeDate encoding="iso8601">20210405201128.0</recordChangeDate>
<recordIdentifier source="MAP">MAP20210010798</recordIdentifier>
<languageOfCataloging>
<languageTerm type="code" authority="iso639-2b">spa</languageTerm>
</languageOfCataloging>
</recordInfo>
</mods>
</modsCollection>