EMERYVILLE, Calif., June 21 At the Healthcare Financial Management Association's 2010 Annual National Institute in Las Vegas, Nev., MedeAnalytics, a leading provider of healthcare performance management solutions, announced the availability of a Healthcare Reform Risk Assessment which evaluates a hospital's compliance to meet healthcare reform requirements administered by the Centers for Medicare & Medicaid Services (CMS).
The new service offering includes an in-depth evaluation of a hospital's current compliance and ability to meet the Patient Protection and Affordable Care Act's various quality reporting provisions, with particular focus on healthcare-acquired conditions, hospital readmissions and value-based purchasing. The assessment provides a customized quantification of financial risk based on data provided by the hospital.
"Medicare and Medicaid reimbursements already account for a major portion of the average hospital's revenues," commented Doug Thompson, MedeAnalytics' senior vice president, Performance Management Consulting. "In general, healthcare reform has linked CMS reimbursement levels to a hospital's compliance with quality reporting and performance requirements, which we believe increases the need for this type of thorough assessment."
Founded in 1994, MedeAnalytics enables healthcare organizations to improve clinical, financial and operational performance through on-demand analytics and client services. For hospitals and health systems, MedeAnalytics provides solutions to address revenue cycle, patient access, clinical operations, staff productivity, regulatory compliance, finance and accounting, and enterprise performance management. For healthcare payers, the company provides solutions for provider network management, medical management and operations. MedeAnalytics delivers business intelligence to over 800 healthcare organizations using a hosted, Software-as-a-Service (SaaS) model, which reduces up-front costs and enables rapid implementation and exceptional time-to-value. For more information, visit www.medeanalytics.com.
For more information: MedeAnalytics, Inc. Bruce Lewis 5858 Horton Street, Suite 475 Lewis & Summers Public Relations Emeryville, CA 94608 (707) 964-3844 [email protected]