Modules
Test Utilization
The Test Utilization Module is designed to help laboratories identify key opportunities to reduce non-reimbursed testing. Within an hour of installation, users can identify sources of non-reimbursed testing, typically resulting in a savings of over two hundred and fifty thousand dollars for every million inpatient tests. Access to this type of reporting results in an immediate improvement to the health system’s bottom line and is one of the greatest opportunities for laboratories to improve financial performance.
Features
- Identifies sources of non-reimbursed testing and savings per million billable tests.
- Best practice order protocols come preloaded with rules from authoritative sources such as ABIM’s Choosing Wisely, CMS guidelines, and more.
- Fast access to information for a depth of analytics in seconds, not days or weeks.
- Designed for all laboratory sizes in mind with built-in scalability to the size of your health system or facility.
Predictive Analytics & Population Health Reporting
- Identify High Risk Patients with Elevated Patient Risk and Care Gaps – Stratified by factors such as geography, age, and gender
- Support Targeted Interventions and Care Management – Improve clinical well-being of individuals in a given group. Ex: patients with high risk of renal failure
- Manage Clinical & Financial Risk of Patient Populations – Lower financial risk while improving clinical outcomes
Benefits
- Identifying sources of non-reimbursed testing typically results in savings of two hundred and fifty thousand dollars for every million-inpatient tests.
- Users will know in a matter of minutes which physicians are and are not following recommended best practice guidelines.
- Within an hour of going live, users can immediately identify sources of non-reimbursable testing.
- The return on investment is compelling for hospitals of all sizes, with a typical payback in less than a year and an internal rate of return