Health Industry Leaders Leverage from Partnering with Software Solutions Advisors to Tackle Cost Reduction

The United States spent about $3.5 trillion in 2018 or 18 % of the GDP  on health expenditures, of which $1.5 trillion or 43% was directly financed by the federal government. National health expenditure growth is expected to average 5.5 percent annually over 2017-2026 according to a research [...]
Read more Health Industry Leaders Leverage from Partnering with Software Solutions Advisors to Tackle Cost Reduction

Stop Fraud, Waste and Abuse with Two Software Solutions

Every year, the Department of Health and Human Services Office of Inspector General (OIG) conducts healthcare fraud investigations which often result in significant amounts of money returned to HHS along with interest and penalties.  The results of the 2018 investigation showed that more than [...]
Read more Stop Fraud, Waste and Abuse with Two Software Solutions

Healthcare Analytics Aid the Control and Rational Use of Medicines

Adverse drug reactions (ADR) events result in significant morbidity and mortality causing ADR’s to be ranked among the top 10 causes of death in the U.S. according to the findings of a study published in Journal of the American Medical Association (JAMA).   ADRs are a major reason  of [...]
Read more Healthcare Analytics Aid the Control and Rational Use of Medicines

Prevent Balance Billing with Real-Time at the Point of Care Solutions

Research done by Analyst Stacey Pogue of the Center for Public Policy Priorities found that more than 300 Texas hospitals did not have a single emergency physician who was in-network with at least one of three major carriers.   Texas patients are significantly more exposed to “surprise [...]
Read more Prevent Balance Billing with Real-Time at the Point of Care Solutions

Software Solutions Can Save Healthcare Entities from Losing Millions in Penalties

Companies that fail to comply with the most updated HIPAA rules will be fined with civil and criminal penalties. The penalties for noncompliance are based on the level of negligence and can range from $100 to $50,000 per violation (or per record), with a maximum penalty of $1.5 million per year [...]
Read more Software Solutions Can Save Healthcare Entities from Losing Millions in Penalties

Challenges and Solutions in Medical Billing in the Healthcare Industry

Four in five U.S. medical bills contain at least minor mistakes — costing the nation $68 billion annually in unnecessary healthcare spending by doctors and patients alike, according to the results of analysis performed by Medliminal Healthcare Solutions (MHS)    Mistakes in billing have [...]
Read more Challenges and Solutions in Medical Billing in the Healthcare Industry