BASIC=Immediate Impact Day One(Summer-2015)std

Immediate Impact Day One:

A cost benefit analysis

Revenue Integrity – Discharged Not Final Billed

Discharged Not Final Billed (DNFB) Will Negatively Impact Cash Flow

MED-DETECT systematically reduces DNFB

Ensures accuracy of the Patient Data providing

Faster Submission, Faster Reimbursement

If DNFB is reduced by just 1 day the bottom line financial improve

Hospital GROSS Revenue - $400,000 per day, $146

million annually

Hospital DNFB Average 30 day Month= $12 million

gross

Shorten by 1 day the DNFB per month: $400,000 gross

One day of efficiency improves annual cash flow by $4.8

Million

Benefits Recognized:

IMPACT OF UNHEALTHY DATA

1) When one error occurs it spreads to other areas of the practice and organizations.

2) Multiple “Patient” history records exist, which one is correct?

3) Patient records are updated with incomplete or incorrect patient information

4) Delays in information updates add expense and slow timely health care

5) Standards are not consistent when sharing data at this time.

6) When a breach occurs - yours or a business partners - many entities are impacted? Patients?

How Do We Do It ?DUOLARK’S

MED-DETECT | MED-CORRECT | MED-DEFEND

Validation Of Identity Benefits

Ensure Patient Match with Digital Health Identity eMPR™

Identify Repetitive Use

20% of healthcare hospital costs match to 1% of repetitive patients

Reduce Non-Emergent Service

Improve accuracy of submissions to Payers = improve cash flow

Benefits: 1) Increase Cash 2) Reduce Labor Time 3) Reduce Audit Liability

4) Increase Patient Safety

Right Patient – Right Place – Right Physician - Right Procedure – Right

Price

Patient Match

Healthy Trustworthy Data

Impact of Healthy and Trustworthy Data

EHR

Leader-ship

Finance

Legal

ITPayers

Patients

Providers

Performance Improvement Finance – Receivables Finance – Fraud Reduction Finance – Provider Confidence Finance – Payer Responsiveness Leadership – Decision Support Legal – Audit Defense Legal – Accurate Reporting IT – Security and Privacy IT – Data Integrity Automation Patients –

Trust and Confidence Reduction of EHR errors

Value of Healthy Data – Proven Again and Again

It worked here, it will work for you:

- 2002 – Camden N.J. = Coalition of Healthcare

Providers

- Coalition gathered data from three local Hospitals

- Matched it to GIS data

- Identified “High Utilizers”

- Linked data sets

When done correctly – “Data” is guaranteed for a Lifetime of use!

Value of Healthy Data – Proven Again and Again

Benefit:

#1 – Identified 961 “High Utilizers”

#2 – Corrected 33% (1/3) of the total patient records

found to contain errors in all three Hospitals

#3 – Bottom line increased for all three Hospitals

When done correctly – “Data” is guaranteed for a Lifetime of use!

Overall Benefits

Accelerates collection processes | improves cash flow Minimizes rejection of reimbursement claims | “verified

accurate” prior to submission Defense against repayments of meaningful use incentives Defense against audits by providing trusted patient

information | example: accurate patient count Reduces medical error risk involving patient record | example:

multiple records belonging to one patient Confirms medical records that are correct Finds and logs medical records that are “High Risk” errors Prioritizes records that need user remediation Identifies and defines actions needed to correct errors in

electronic medical records Ensures accuracy of records before claims are submitted

When done correctly – “Data” is guaranteed for a Lifetime of use!

Would you like to test your data? CONTACT US AT DUOLARK LLC

INFO@DUOLOARK.COM

TOLL FREE CALL (844) 314-3858