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:4/21/2017)... ... 21, 2017 , ... Chicago plastic surgeon, Dr. Anil R. Shah, MD ... a benign bony lump located on the forehead usually attributed to a facial fracture. ... and pain. Dr. Shah has discovered an approach that is minimally invasive. He is ...
(Date:4/21/2017)... Horsham, PA (PRWEB) , ... April 21, 2017 , ... ... The new identity emphasizes the agency’s conviction that the full potential of specialty and ... HCPs are equally appreciated and aligned. , “The Unifying Effect is at the ...
(Date:4/21/2017)... ... April 21, 2017 , ... The Hong Kong Polytechnic University (PolyU) ... facility among higher education institutions in Hong Kong to support teaching, learning and research. ... range and quantity of facilities in Hong Kong. , With an area of ...
(Date:4/21/2017)... ... April 21, 2017 , ... Airway Management, the medical device ... highly regarded and well renowned Asian distributor, Discovery Sleep. The agreement ... Pillow Mask, and will stabilize and strengthen Airway’s presence with a dedicated, reputable ...
(Date:4/21/2017)... ... , ... Providing for loved ones before one’s passing is of paramount importance. ... begin. “Now more than ever there are some questions that are far too critical ... said attorney Lisa Edgar Dickman, founder of the Law Offices of Lisa Edgar Dickman. ...
Breaking Medicine News(10 mins):
(Date:4/19/2017)... DIEGO , April 19, 2017  Sorrento ... an antibody-centric, clinical-stage biopharmaceutical company developing new treatments ... announced the closing of its previously announced underwritten ... stock at a public offering price of $2.00 ... and estimated offering expenses payable by Sorrento.  The ...
(Date:4/19/2017)... HANOVER, N.J. , April 19, 2017 /PRNewswire/ ... conducted by the National Heart, Lung, and Blood ... (NIH) demonstrating that 58% of patients with treatment-naïve ... six months when treated with eltrombopag at the ... 1 . The study evaluated three sequential treatment ...
(Date:4/18/2017)... Cogentix Medical, Inc. (NASDAQ: CGNT), a global medical device ... markets with innovative and proprietary products, will release financial ... after the market close on Tuesday, May 2, 2017. ... call and webcast to discuss its financial results the ... p.m. Eastern Time (3:30 p.m. Central Time). Darin ...
Breaking Medicine Technology: