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:10/13/2017)... ... , ... Apple Rehab Shelton Lakes , which specializes in the delivery ... as part of a disaster drill on October 3rd. , Apple Rehab participated with ... Manager, as well as the Connecticut Long Term Care Mutual Aid Plan (LTC-MAP). ...
(Date:10/13/2017)... ... October 13, 2017 , ... Yisrayl Hawkins, Pastor and Overseer at The ... the most popular and least understood books in the Holy Scriptures, Revelation. The Book ... have baffled scholars for centuries. Many have tossed it off as mere rubbish, but ...
(Date:10/12/2017)... (PRWEB) , ... October 12, 2017 , ... ... advisory services for healthcare compliance program management, will showcase a range of technology ... Association for Assisted Living (NCAL) Convention and Expo to be held October 14–18, ...
(Date:10/12/2017)... ... ... The American College of Medical Informatics (ACMI) will present the 2017 Morris ... of AMIA’s Annual Symposium in Washington, D.C. AMIA’s Annual Symposium is taking ... in the field of medical informatics, this prestigious award is presented to an individual ...
(Date:10/12/2017)... ... 2017 , ... Leading pediatric oncology experts at Children’s National Health System ... Congress of the International Society of Paediatric Oncology (SIOP) Oct. 12-15. Chaired by ... and Blood Disorders at Children’s National, and Stephen P. Hunger, M.D., Chief of ...
Breaking Medicine News(10 mins):
(Date:10/11/2017)... , Oct. 11, 2017  BioPharmX Corporation (NYSE ... team that developed an innovative way to use nonlinear ... the delivery of new drugs. ... Clinical Dermatology Conference will show how researchers from BioPharmX ... Harvard Medical School used a suite of imaging techniques ...
(Date:10/10/2017)... 10, 2017  NDS received FDA 510(k) clearance in May 2017 ... display stand specifically designed for endoscopy environments. An innovative secondary monitor ... clinical solution to support the improvement of patient outcomes, procedural efficiency, ... ... ...
(Date:10/4/2017)... Korea , Oct. 4, 2017  South Korean-based ... next-generation CPR training aide "cprCUBE" on Kickstarter. The device ... compression during cardiac arrests with better efficiency compared to ... also offers real-time feedback on efficacy of the compression ... crowdfunding campaign has a goal to raise $5,000. ...
Breaking Medicine Technology: