Optimizing Your HIM Framework: The Importance of Technology Partners

1
Optimizing Your HIM Framework The Importance of
Technology Partners
2

• The story of David and Goliath has played out in
  the world of business over and over again
  Netflix vs. Blockbuster and Rakuten vs. Amazon.
• And the health information management (HIM)
  technology domain is no exception to smaller,
  more flexible companies besting larger
  organizations.

3
Cloud Access Not Just an Advantage Anymore

• A cost-effective alternative to expensive data
  warehouses, the cloud is heading towards ubiquity
  in the healthcare industry.
• An HIMSS Analytics survey found that 65 of
  healthcare organizations have used some form of
  cloud services.

4

• Cloud computing has not only eliminated the need
  for on-premise infrastructure but provides the
  added benefit of security to patient data
  management.
• This makes cloud integration and implementation
  an important consideration when it comes to
  selecting the right technology partner.

5

• A partner that can provide a flexible and secure
  cloud integrated HIM solution can help healthcare
  organizations eliminate a large number of
  operational challenges such as downtime and drop
  in productivity.

6

• Moreover, augmenting the HIM infrastructure with
  a technology solution that is hosted on a HIPAA
  compliant cloud platform means hospitals have one
  less challenge to worry about.
• The security built into the platform is carried
  forward to safeguarding patient data on the
  bespoke HIM framework.

7
Financial Viability and ROI

• While pricing is not the most important parameter
  for evaluating of a technology vendor, a
  comparative analysis of vendors based on pricing
  and services can provide helpful insights.
• Hospitals can start by identifying operational
  areas in which they are lagging.
• This information could in turn help them focus on
  choosing a technology partner that
  ensures improved ROI in those areas.

8
Stepping Into the World of AI

• Artificial intelligence, an idea conceived back
  in the 1960s, has evolved from being the subject
  of computer science research to the center of
  attention for future business disruptions.
• The healthcare industry, too, stands on the verge
  of the AI disruption. While a large number of HIM
  technology partners offer some form of
  automation, most of them revolve around
  rule-based tasks and hardly require AI to
  accomplish.

9
How a Leading New York Hospital Boosted
Productivity by a Third

• In the spring of 2015, Richmond University
  Medical Center (RUMC) of New York was faced with
  a challenge.
• Despite having partnered with a technology
  vendor, the medical centers systems and
  processes were not prepared for the migration to
  ICD-10.
• The inadequacy of the systems was further
  reflected in longer coding time per case and loss
  of productivity.

10

• The problem that Richmond University Medical
  Center confronted is a common issue for hospitals
  across the world.
• With the introduction of the ICD-10 medical
  classification, many hospitals find their systems
  and coding processes to be falling short of
  meeting productivity targets.
• A rise in the number of DNFC days and a
  stagnating standard of coder efficiency are among
  the most widely observed repercussions of this
  shortcoming.

11

• Following an evaluation of the challenge areas,
  Richmond University Medical Center partnered with
  ezDI based on their requirements.
• ezDIs computer assisted coding (CAC)and clinical
  documentation improvement (CDI) solutions were
  customized to meet Richmonds unique HIM
  framework rather than modifying the existing
  system to suit the facilities provided by the
  software, which is often the case.

12

• The results were almost immediate. 
• While other hospitals were facing a 10 to 15
  drop in coder productivity, RUMC achieved 33
  higher productivity. 
• Moreover, ezDIs rapid implementation and
  integration support helped RUMCs new and
  improved ICD-10 ready system to go live the day
  the new classification came into effect.
• The medical center witnessed a steady rise in
  case mix index (CMI), reduction in DNFC days, and
  complex denials and rejected claims.

13

• RUMCs partnership with ezDI, and the results it
  led to, is an example that flexibility is a far
  more important factor to consider than size when
  choosing a technology partner.
• By ensuring near perfect (99.9) system uptime
  and dedicated 247 support, we help our partners
  achieve ROI from day zero.

14

• Subscribe to our blog to know more about how you
  can achieve results like these.
• Or contact our experts for a live demo.
• Attending 2019 Quad-State Annual Meeting
  Exhibit? Stop by ezDIs booth 48 and say hello!

15
(No Transcript)
16
Contact us Visit Our Website-
https//www.ezdi.com/ Phone no- 8866408081
Address- 12806 Townepark Way, Louisville,
Kentucky 40243