Big Data: How Do I Capture it & What Do I Do With It? Mike Del Fierro – JDi Data Michael Fariello – JDi Data Ingrid O’Keefe - ODG

Big Data 90% of all data was created in past 2 years. 2 days = as much data created from beginning of time until 2003. 90% of all data was created in past 2 years. Every minute: 204 million emails, 278,000 tweets, 200,000 photos to FB. 100 hours of video uploaded to YouTube every minute.

Who Uses Big Data?

How Do Risk Managers Get Big Data?

API (Application Programming Interface)

How Do Risk Managers Get Big Data?

Reporting Tools

How Do Risk Managers Get Big Data?

What Do I Do With It? Define Business Needs Create Dashboards Data Mining/Analytics Fraud 1/10 Benchmarking to Flag Claims Dashboards are fluid

ODG from Work Loss Data Institute Publisher of ODG Product Line Evidence-based disability duration, medical treatment guidelines Predictive Analytics and Medical Management Tools Comorbidity Calculator, Cost Calculator, Risk Assessment Score, RTW Prescription, UR Advisor, Drug Formulary, NDC Advisor

Where Did We Come From? Circa 1996…

Where Does the Data Come From? Collection of 10 Million Lost Time Cases Claims Data 3.5 Million Claims National Workers Comp and STD Carriers TPAs and Self-Insured Employers National Health Interview Survey hosted by the CDC OSHA Survey of Occupational Injuries and Illnesses (SOII)

Where Does the Data Come From? Scientific medical literature review Alphanumeric evidence ranking process Raw (claims & survey) data analysis

What is Data Used For?

What is Data Used For?

What is Data Used For?

What is Data Used For?

ODG 2016 EBM Treatment Guidelines RTW Duration Guidelines Cast Modeling ODG 2016

Return-To-Work /Duration Guidelines Total costs are an EXPONENTIAL function of disability duration / return-to-work

Risk Assessment Score (RAS) What is it? Where does it come from? How well does it work? What are the needed inputs? How often do scores change? Can I just get it on ODG? Should I ? How does it compare to others?

Risk Assessment Score (RAS) Magnitude Score Volatility 50% 50%

Demographics

Performance Data Workers’ Comp Claim File National Carrier

Did RAS Predict High Risk Claims? RAS For Indemnity Did RAS Predict High Risk Claims?

RAS For Indemnity Put your resources to the highest and best use attacking problem claims early with RAS scoring EBM medical and RTW management drives optimal health outcomes, lower costs

Maximize ROI On Claim Spend Connectivity & Automation

Future of Big Data

Ingrid O’Keefe ingrid@worklossdata.com Thank You! Mike Del Fierro Info@JDiData.com Ingrid O’Keefe ingrid@worklossdata.com