Navigation Links
U.S. Healthcare Efficiency Index(TM) Expands Advisory Council; Calls on Policymakers to Act on Billions in Administrative Waste

NASHVILLE, Tenn., Feb. 18 /PRNewswire-USNewswire/ -- The Advisory Council for the U.S. Healthcare Efficiency Index(TM) (Index) announced today the addition of new members and urged Congress and state governments to act on billions of dollars in healthcare administrative waste.

The Index was launched by Emdeon in December to serve as a national reference for tracking and measuring the transition from a paper-based and phone-based healthcare system to an electronic one. Phase 1 of the Index estimates the savings potential to be nearly $30 billion per year for five specific medical billing and payment transactions.

"The government is by far the largest payer for healthcare services," said George Lazenby, Chief Executive Officer of Emdeon. "Programs like Medicare, Medicaid, Tri-Care (for active and retired military personnel and families) and the Federal Employee Health Benefit Program continue to conduct much of their business on paper or by phone. Eliminating paper checks and automating things like insurance eligibility verifications could save taxpayers billions of dollars every year."

A primary goal of the Index is to raise awareness of potential savings on the business side of healthcare. The national dialogue on health information technology, as a component of healthcare reform, remains dominated by electronic medical records (EMRs). EMRs can bring improvements in clinical quality and efficiency over the long term, but they take time and money to implement.

"The business savings identified by the Index can be realized today," said Lazenby. "This is 'found money' that can be used to pay for covering more uninsured families or providing more preventive care. We want to make sure this part of the equation does not get lost in the national debate," he explained

Getting the word out on potential savings is one of many roles for the Index Advisory Council, which held its inaugural meeting last month in Washington, DC. The Council is responsible for overseeing the effort and developing the methodology for data gathering and reporting on progress across the entire healthcare industry.

Since the Index was launched in December, the following new members have joined the Advisory Council:

  • Erik Swanson, Vice President, Corporate Strategy & Development, WellPoint
  • Dave Garets, President and Chief Executive Officer, HIMSS Analytics
  • Stanley Nachimson, Principal, Former CMS leader and Founder of Nachimson Advisors, LLC

"We are delighted to have these talented leaders join the Index Advisory Council," said Miriam Paramore, Senior Vice President of Corporate Strategy for Emdeon. "Each brings unique skills and perspectives that will further ensure a 360-degree view of the industry." For more information on the Advisory Council, visit

As Congress and the nation work to stimulate the economy, the Council has a specific message for policy makers and taxpayers alike. "We just can't afford to throw away billions of taxpayer dollars every year printing and mailing paper checks. The healthcare industry can capture the savings associated with direct deposit very quickly," said Paramore.

About Emdeon

Emdeon is a leading provider of revenue and payment cycle solutions that connect payers, providers and patients to integrate and automate key business and administrative functions throughout the patient encounter. Through the use of Emdeon's comprehensive suite of products and services, its customers are able to improve efficiency, reduce costs, increase cash flow and more efficiently manage the complex revenue and payment cycle process. Emdeon is owned by General Atlantic LLC and Hellman & Friedman LLC. For more information, visit

Copyright©2009 PR Newswire.
All rights reserved

Related medicine news :

1. AtriCure to Present at Thomas Weisel Partners 2007 Healthcare Conference
2. BD to Present at the Bear Stearns 20th Annual Healthcare Conference
3. ATS Medical to Present at the 2007 Thomas Weisel Partners Healthcare Conference
4. Dr. Paul Bandt Celebrates 35th Anniversary With Desert Radiologists and a History of Healthcare in Las Vegas
5. Omnicell to Present at Thomas Weisel Healthcare Conference 2007
6. MDS to Present at Thomas Weisel Partners Healthcare Conference
7. Hospira to Present at the Bear Stearns 20th Annual Healthcare Conference on September 11
8. AMICAS to Present at Thomas Weisel Partners Healthcare Conference 2007
9. Mettler-Toledo International Inc. Announces Webcast of Presentation at Thomas Weisel Partners 2007 Healthcare Conference
10. Kingfisher Healthcare (KFH) Achieves World Class Quality Platform
11. Omnicom Acquires Leading Healthcare Marketing Communications Firm in China
Post Your Comments:
(Date:6/24/2016)... ... June 24, 2016 , ... ... Scientific Sessions in Dallas that it will receive two significant new grants to ... came as PHA marked its 25th anniversary by recognizing patients, medical professionals and ...
(Date:6/24/2016)... , ... June 24, 2016 , ... ... offering micro-osteoperforation for accelerated orthodontic treatment. Dr. Cheng has extensive experience with all ... brackets , AcceleDent, and accelerated osteogenic orthodontics. , Micro-osteoperforation is a revolutionary ...
(Date:6/24/2016)... , ... June 24, 2016 , ... Topical BioMedics, Inc, makers of Topricin and MyPainAway ... call for a minimum wage raise to $12 an hour by 2020 and then adjusting ... restore the lost value of the minimum wage, assure the wage floor does not erode ...
(Date:6/24/2016)... ... June 24, 2016 , ... EB Medicine presented its ... Emergency Medicine conference in Ponte Vedra Beach, FL. The awards honor the outstanding ... Medicine Practice and Pediatric Emergency Medicine Practice. , “With this award, we ...
(Date:6/24/2016)... ... June 24, 2016 , ... Puradigm® & Innovative Solutions ... initiated cultivation and processing operations at its production facility, and opened its first ... is the manufacturer of a complete system of proactive air and surface purification ...
Breaking Medicine News(10 mins):
(Date:6/24/2016)... , June 24, 2016 The Academy of ... recommendations that would allow biopharmaceutical companies to ... entities that make formulary and coverage decisions, a move ... of new medicines. The recommendations address restrictions ... appear on the drug label, a prohibition that hinders ...
(Date:6/24/2016)... -- According to a new market research ... Safety Pen Needles), Needle Length (4mm, 5mm, 6mm, 8mm, ... Purchase (Retail, Non-Retail) - Trends & Global Forecasts to ... for the forecast period of 2016 to 2021. This ... 2021 from USD 1.65 Billion in 2016, growing at ...
(Date:6/23/2016)... 23, 2016  MedSource announced today that it ... software solution of choice.  This latest decision demonstrates ... to their clients by offering a state-of-the-art electronic ... establishes nowEDC as the EDC platform of choice ... clients.  "nowEDC has long been a preferred EDC ...
Breaking Medicine Technology: