The Center for Improving Value in Health Care (CIVHC) has launched a new tool to help understand health care affordability in Colorado. Based on claims data in the Colorado All Payer Claims Database (CO APCD), the first release of the Affordability Dashboard includes data to help users understand how much gets paid for health care services in Colorado across major categories and specific categories related to outpatient services.
While the Community Dashboard provides cost per person per year information at the county and Division of Insurance region, but the new Affordability Dashboard cost of care data digs deeper into service categories and provides additional payer breakouts for CHP+ as well as new groupings for spending, including long term care and dental services. Information in the Community Dashboard indicates that next to pharmacy spending, costs for outpatient services in Colorado trend upwards the most in the years between 2013 and 2019, rising 42%. Cost of Care data in the new Affordability Dashboard allows for more granular insights into outpatient services and offers opportunities for targeted cost savings.
CIVHC will be adding new data to the Affordability Dashboard, including cost related to Low Value Care, Drug Rebates, commercial payments compared to Medicare, and Alternative Payment Models.