Navigation Links
Stopping Healthcare Waste at Its Source—why it’s time for a provider-focused waste solution
Date:2/19/2013

Atlanta, GA (PRWEB) February 19, 2013

In their recently published whitepaper Stopping Healthcare Waste at Its Source—Why it’s time for a provider-focused waste solution Jvion examines the waste portion of healthcare fraud, waste, and abuse from the provider side of the equation. “When you look at all of the reforms and technological advancements that have been made to curb the $750 Billion waste problem, you see that providers are left at an increased risk of revenue losses,” explained Surya Vadlamani, coauthor and Jvion CIO. “The very things that have been or are going to be put in place to reduce waste and improve patient care actually force providers to incur additional costs and put their revenues at risk.”

The U.S. government and commercial payors have reacted to the waste problem by investing in prevention systems and passing reforms designed to reduce waste and improve patient care. Mandated technology changes including ICD-10 and the push toward electronic health records promise to increase visibility into possible waste and help target prevention efforts. And the adoption of emerging technologies including Big Data solutions by payors will extend current detection algorithms.

Within the paper, the authors assess the impact that government and payor reactions to waste will have on hospitals. “While the overarching aim of these efforts is to reduce administrative burden and waste within the healthcare system, the near-term impacts actually increase the cost of running a hospital and lower overall revenues. A new trend is emerging in the wake of this impact; one that focuses on addressing waste at the provider level while helping hospitals protect their revenues from the onslaught of mandated change and increased scrutiny.”

Surya went on to say that “the only way to stop revenue losses and operational impacts at the hospital level is to address the source of waste. To do that, providers need a solution that starts by leveraging advanced data technology capabilities that incorporate heuristics and Big Data.” He continued,“This kind of capability goes beyond currently available solutions to account for provider operations. It integrates data from clinical, operational, and financial systems and provides faster, clinically relevant analytics that drive insights into systemic inefficiencies. These outputs can then be transformed into actionable inputs that improve the quality of care and reduce unnecessary costs.”

To download a copy of Stopping Healthcare Waste at Its Source click here or visit http://www.jvion.com/downloadsandnews.html. And stop by Jvion's booth at HIMSS13 #4473.

About Jvion
Jvion is a healthcare technology company addressing the financial and operational impacts resulting from mandated reforms and compliance activities. We offer a suite of solutions to reduce the financial impact and burden of the ICD-10 conversion, and help providers protect their revenues from increased financial waste associated with mandated changes and increased payor scrutiny. Please visit Jvion’s website at http://www.jvion.com for more information.

###

Read the full story at http://www.prweb.com/releases/fraudwasteandabuse/jvion/prweb10433917.htm.


'/>"/>
Source: PRWeb
Copyright©2012 Vocus, Inc.
All rights reserved

Related medicine news :

1. Breast Cancer Message Board study finds frequent discussion of drug side effects, stopping therapy
2. Effects of stopping alcohol consumption on subsequent risk of esophageal cancer
3. Stopping Controversial Asthma Drugs Could Have Downside: Study
4. Opioid receptors as a drug target for stopping obesity
5. Stopping and starting cancer cell cycle weakens and defeats multiple myeloma
6. Stopping Blood Thinners Raises Stroke Risk for Patients With Irregular Heartbeat
7. Vein Healthcare Center in South Portland, Maine Hosts Varicose Vein Seminar
8. BioMEMS: Microsystem Applications Market for Healthcare in New Research Report at ReportsnReports.com
9. Aventyn® Vitalbeat™ Remote Monitoring Solution for “BYOD” Wireless Healthcare Joins Intel AppUp® SMB Service at mHealth
10. HREI™ Selects the Top 10 Healthcare Real Estate Topics and Trends of the Past 10 Years
11. MMS Group Explores New Opportunities for Placing Healthcare Contractors
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:10/12/2017)... ... ... Asante, a nationally recognized health system in southern Oregon, ... health joint venture through an agreement, effective October 1, 2017, to create AccentCare ... company with Asante, delivering clinically integrated care, for the past eight years. This ...
(Date:10/12/2017)... ANGELES (PRWEB) , ... October 12, 2017 , ... ... Parsa Mohebi Hair Restoration, has recently contributed a medical article to the newly ... on cosmetictown.com. Dr. Mohebi’s article spotlights the hair transplant procedure known as ...
(Date:10/12/2017)... ... , ... Leading pediatric oncology experts at Children’s National Health System ... of the International Society of Paediatric Oncology (SIOP) Oct. 12-15. Chaired by ... Blood Disorders at Children’s National, and Stephen P. Hunger, M.D., Chief of the ...
(Date:10/12/2017)... , ... October 12, 2017 , ... ... named one of Michigan’s 2017 Best and Brightest in Wellness® by Best and ... Wellness® awards program on Friday, Oct. 20 from 7:30 a.m. to 2 p.m. ...
(Date:10/12/2017)... BALTIMORE (PRWEB) , ... October 12, 2017 , ... ... average of $3,296 in property taxes a year. In some states—like New York, ... higher. , By contrast, many overseas retirement havens have extremely low property-tax rates, ...
Breaking Medicine News(10 mins):
(Date:10/2/2017)... Oct. 2, 2017 Halo Labs announces the European launch ... called the HORIZON at MIBio 2017 in Cambridge, U.K ... visible particulate matter in biopharmaceutical samples with unprecedented speed and sensitivity ... novel technique Backgrounded Membrane Imaging. ... The HORIZON subvisible particle analysis system ...
(Date:9/28/2017)... Sept. 28, 2017 Cohen Veterans Bioscience and ... use of wearable and home sensors for real-time monitoring ... Signal Foundation, a nonprofit organization focused on disruptive health ... an affordable analytical system to record and integrate behavioral, ... ...
(Date:9/25/2017)... , Sept. 25, 2017   Montrium , ... File solutions, today—from the IQPC Trial Master Files ... , NL)—announced that EastHORN Clinical Services has selected ... programs and TMF management. EastHORN, a leading European ... platform to increase transparency to enable greater collaboration ...
Breaking Medicine Technology: