Reducing Health System Cost by Implementation of a Provider Profile Management Profile

By Adrian Sanabria-Diaz | November 20, 2014

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As you may already know, the Health Information Technology for Economic and Clinical Health Act or the HITECH Act was passed under legislation as Title XIII of the American Recovery and Reinvestment Act of 2009. With this, came financial incentives from the Centers for Medicare & Medicaid Services and Offices of the National Coordinator for Health IT to encourage physicians to utilize the meaningful use of certified electronic health records. Respectively, patients can expect to see lower costs, their own safety being improved upon, and of course, an increase in quality of care. That’s the plan anyways. It’s been five years and over 400,000 providers have already been financially reimbursed since the act was passed. (Data and Program Reports, 2014) 

Providers are on the right track by integrating electronic alternatives into their practices. This is going to be the trend as health providers realize the cost benefits and time saved by applying these new methods. Although the brunt of this work would be done through the utilization of Electronic Medical Records (EMR) to help organize patient information and then Electronic Health Records (EHR) which encompasses more than just diagnostic and treatment related documents, there would still be a need for providers to be able to communicate and transfer information regarding them personally. A 2012 report by the Office of the National Coordinator (ONC) for Health Information Technology supplements this observation. (Provider Directory Solutions: Market Assessment and Opportunities Analysis, 2012) 

One of the areas that clearly needs an overhaul are the methods and technology that ‘siloed’ provider data is transmitted from one health system to another or simply from department to department. Currently, health systems retain provider information such as specific billing addresses, communication preferences, licensing information, Direct Addresses, exclusionary lists, and internal system identifiers. This information is still being transferred between locations by ancient technology like fax. Once the static provider data is finally transferred, it could be out of date, incorrect, or just plain wrong and thus unusable. The stored information isn’t being verified and updating it results in a time consuming task that requires precious man hours and health system resources. 

Health systems lose millions of dollars a year due to sheer man power, lost or inaccurate information lacking a centralized data hub, and no way to efficiently verify that provider data. Although the patient aspect of the health system is being modernized, the providers’ information who deliver the care is still suffering because of out of date technologies and their current disparate systems. PHYND easily provides health systems (no matter the size) with several options that would supply them with the most accurate and up to date provider information in the nation. Contact us here if you would like more information or to setup a free demo and we'd be more than happy to talk in more detail with you about how PHYND can help your health system.

Adrian Sanabria-Diaz

Written by Adrian Sanabria-Diaz

Incorporating his degree in physics within healthcare, Adrian helps facilitate some of the backend processes of our product including data management and front end web development. He likes to keep busy by attaining his pilot license as well as dabbling into Python here and there.

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