a pioneer of comparative data analytics technology that brings 360-degree data transparency to the healthcare industry, today announced it has entered into an agreement to acquire IF Technologies, a company that offers episode of care
pricing analytics and transparency to insurers and cost containment companies with its software as a service (SaaS) solutions.
In the hospital, an episode of care
is conveniently defined as the care that takes place between admission and discharge.
Bundled payments offer another mechanism to help align financial incentives for all providers involved in treating a patient during a discrete episode of care
for a specific condition.
CodeRyte's state-of-the-art Natural Language Processing (NLP) technology "reads" a provider's electronic medical note, identifies the complex language patterns related to each episode of care
and uses those patterns to assign billing codes.
Strategies such as bundling services into an episode of care
could help reduce the variation in the different components of the episode," said Francois de Brantes, HCI3 executive director.
Breedlove continued, "Niris will provide an important tool to streamline the delivery of patient care without compromising clinical outcome -- a single episode of care
patient, rather than any particular episode of care
13, 2011 /PRNewswire/ -- To support providers and other applicants to the Center for Medicare & Medicaid Innovation's (CMMI) Bundled Payments for Care Improvement initiative, the not-for-profit Health Care Incentives Improvement Institute (HCI3) released a new version of its episode of care
Breedlove further stated, "The Imalux OCT Imaging System provides an opportunity for a single episode of care
The strategy includes partnering with local employers and payers to institute cost-effective initiatives that cover both hospital and physician services for a full episode of care
The images are properly labeled by the field practitioner for capture of the wound image, along with the identification of the practitioner, date, and episode of care
Our patient-centered approach, web-based workflow platform, experienced leadership team, and more than 2,000 hospitalist, intensivist and transitional care providers drive breakthrough results throughout the acute episode of care
for nearly 300 hospitals and post-acute facilities in 35 states across the nation.
Under these models, Medicare officials will work with physicians and hospitals to come up with a target price for the episode of care
The Department of Defense (DOD) reported that under its current policy, beneficiaries eligible for both TRICARE and the Department of Veterans Affairs' (VA) health care (dual eligible beneficiaries) are not allowed to utilize the services offered by both health care systems for treatment for the same episode of care
These systems identify patients entering an episode of care
and contact them via email or telephone, to remind them of their episode allowance and ask if they need help in managing their health services.