Navigation Links
Nationwide Health Data Exchange Allows Health Provider Payers to Cooperate in Decreasing Waste and Helping Policyholder Costs
Date:9/9/2009

RICHMOND, Va., Sept. 9 /PRNewswire/ -- "It's rare that you find anything that's win-win when it comes to payers and providers. However, as healthcare is looking for efficiency and savings, our company has created a mutually beneficial model that is rewarding, valuable and necessary. It's based on capturing and exchanging a unique piece of provider-submitted, non-billing patient data, whereby payers will find and subsequently recover many previously missed injury claim recoveries. The significant increase in payer revenue will make the participating provider a more valuable asset to payers, who may be able to thereby pass on savings to policyholders," says Stephen Ambrose, Chief Information Officer and founder of SubroShare(R).

Ambrose's company has set its sights on being an impartial 'exchange mediator' between payers such as health insurers, TPAs, self-funded plan sponsors and the estimated 350,000+ in-network health provider practices residing within payer and PPO panels.

SubroShare(R) is a web-based data repository, which securely stores and exchanges patient release of information (ROI) requests made upon a health plan policyholder, typically from an attorney, where such a request would indicate the presence of first or third party injury claim. The exchanged ROI data and transaction does not require patient authorization, as it falls under the provision of 'payment' under HIPAA law.

The CIO adds, "SubroShare and its patent-pending technology essentially accomplish three things. First, it is the only data exchange to alert payers, which of their policyholders has filed an injury claim, as well as the policyholder's attorney contact information. Second, it makes personal injury attorneys, who re-bill previously paid health bills accountable for their part in helping reduce costs in our healthcare crisis. Finally, it helps payers to better stabilize rates to policyholders, by not passing on wasteful injury claim payments."

Joining SubroShare is free for both payers and providers. It is web-based and an add-on product for payer's existing subrogation operations, so there is no major integration needed. Furthermore, the provider transaction consists of a quarter-page form with a copied sheet, either faxed or securely uploaded to the secure exchange. You may learn more at www.subroshare.com.

    For more information, please contact:
    Stephen Ambrose, CIO
    SubroShare(R)
    (804) 750-1389
    Webpage:  www.subroshare.com
    Email: s.ambrose@subroshare.com


'/>"/>
SOURCE SubroShare
Copyright©2009 PR Newswire.
All rights reserved

Related medicine news :

1. Flu Vaccinations Begin on September 29 Maxim Health Systems to Provide 24,000 Flu Shot Clinics Nationwide
2. Joint NJ/NY Rally for Addiction Recovery to Be Hub of Events Nationwide
3. Photo: Tanger Outlet Center Shoppers Nationwide can Choose Pink to Fight Breast Cancer
4. Joint Juice Launches New Ready-to-Drink Glucosamine & Vitamin-Enhanced Dietary Supplement Water Nationwide
5. Activate America(R) Brings Together YMCAs Nationwide to Promote Small Steps Toward a Healthier Lifestyle During America on the Move Week With the YMCA, September 22-29, 2007
6. NIH/NCI renews and extends nationwide license for Genomatix software and databases
7. 100 Black Men of America, Inc. and American Red Cross Sign National Agreement to Increase Diverse Outreach Nationwide
8. New Website Launches Healthy Vending in Schools Nationwide to Help Combat Childhood Obesity
9. First Nationwide Class Action Filed on Behalf of Consumers Who Purchased Topps E. Coli Contaminated Ground Beef
10. American Cancer Society awards research grants to 109 investigators at 77 institutions nationwide
11. Nationwide independent Taser study results suggest devices are safe
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/25/2016)... ... June 25, 2016 , ... As a lifelong Southern Californian, ... and his M.D from the David Geffen School of Medicine at UCLA. He trained ... Angeles to complete his fellowship in hematology/oncology at the UCLA-Olive View-Cedars Sinai program where ...
(Date:6/24/2016)... Angeles, CA (PRWEB) , ... June 24, 2016 , ... ... surgery procedures that most people are unfamiliar with. The article goes on to state ... procedures, but also many of these less common operations such as calf and cheek ...
(Date:6/24/2016)... ... June 24, 2016 , ... ... Sessions in Dallas that it will receive two significant new grants to support ... as PHA marked its 25th anniversary by recognizing patients, medical professionals and scientists ...
(Date:6/24/2016)... ... ... of Topricin and MyPainAway Pain Relief Products, join The ‘Business for a Fair Minimum Wage’ ... 2020 and then adjusting it yearly to increase at the same rate as the median ... floor does not erode again, and make future increases more predictable. , The company is ...
(Date:6/24/2016)... ... June 24, 2016 , ... Puradigm® ... Group (TGIG), has initiated cultivation and processing operations at its production facility, and ... Nevada. , Puradigm is the manufacturer of a complete system of proactive air ...
Breaking Medicine News(10 mins):
(Date:6/23/2016)... , June 23, 2016 Any dentist who has ... of the current process. Many of them do not even ... technical difficulties and high laboratory costs involved. And those who ... it at such a high cost that the majority of ... Dr. Parsa Zadeh , founder of Dental Evolutions ...
(Date:6/23/2016)... June 23, 2016  In a startling report released today, ... residents by lacking a comprehensive, proven plan to eliminate prescription opioid ... ranking of how states are tackling the worst drug crisis in ... states – Kentucky , New Mexico ... . Of the 28 failing states, three – ...
(Date:6/23/2016)... , June 23, 2016 Research ... MEMS Devices Medical Market Analysis 2016 - Forecast to 2022" ... The report contains up to date financial data ... analysis. Assessment of major trends with potential impact on the ... analysis of market segmentation which comprises of sub markets, regional ...
Breaking Medicine Technology: