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:6/24/2016)... ... June 24, 2016 , ... Comfort Keepers® of San Diego, CA is ... Road To Recovery® program to drive cancer patients to and from their cancer treatments. ... the highest quality of life and ongoing independence. Getting to and from medical ...
(Date:6/24/2016)... (PRWEB) , ... June 24, 2016 , ... People across ... in Genome magazine’s Code Talker Award, an essay contest in which patients and their ... award to be presented at the 2016 National Society of Genetic Counselors (NSGC) Annual ...
(Date:6/24/2016)... ... June 24, 2016 , ... The Haute Beauty Network, affiliated ... Weintraub as a prominent plastic surgeon and the network’s newest partner. , ... most handsome men, look naturally attractive. Plastic surgery should be invisible.” He stands ...
(Date:6/24/2016)... ... June 24, 2016 , ... Strategic ... Frederick area economy by obtaining investment capital for emerging technology companies. SCP ... that have already resulted in more than a million dollars of capital investment ...
(Date:6/24/2016)... ... ... Venture Construction Group (VCG) sponsors Luke’s Wings 5th Annual ... Country Club at 1201 Rockville Pike, Rockville, Maryland, 20852. The event raised funds ... been wounded in battle and their families. Venture Construction Group is a 2016 Silver ...
Breaking Medicine News(10 mins):
(Date:6/23/2016)... , June 23, 2016 Research ... "Pharmaceutical Excipients Market by Type (Organic Chemical (Sugar, Petrochemical, ... (Oral, Topical, Coating, Parenteral) - Global Forecast to 2021" ... The global pharmaceutical excipients market is ... a CAGR of 6.1% in the forecast period 2016 ...
(Date:6/23/2016)... Research and Markets has announced the addition of the ... to 2022" report to their offering. ... financial data derived from varied research sources to present unique ... on the market during the next five years, including a ... markets, regional and country level analysis. The report provides a ...
(Date:6/23/2016)... 2016 Bracket , a leading clinical trial ... clinical outcomes platform, Bracket eCOA (SM) 6.0, at the ... – 30, 2016 in Philadelphia , Pennsylvania.  ... Assessment product of its kind to fully integrate with RTSM, ... eCOA 6.0 is a flexible platform for electronic clinical outcomes ...
Breaking Medicine Technology: