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DESCRIPTION
Delivered pitch from HIMSS Angel Fair
Citation preview
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DischargeSummaries
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Continuity of Patient CareCompliance
Physician Productivity
Cash flow
JAMA Discharge Summary Study
Missing Critical Information
11%
89%
Untimely
25%
66%
9%
- Journal of the American Medical Association, February, 28 2007
Impact of the Problem
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• Financial losses
• Productivity
• Non-compliance
• Continuity of care
• Clinical inefficiencies
• Patient satisfaction
“The consequences for not completing the necessary components of a discharge summary can be far-reaching. . . physicians. . . have held up as much as $400,000 to $1 million in potential revenue by not completing discharge summaries in a timely manner.”
For the Record, “Coding’s Endgame”, March 2009.
Discharge Summary Xcelerator
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The DSX is a highly-intelligent solution that assimilates diagnoses-relevant information from patient charts into summary format for physician review and authentication.
• Authenticated summaries are available for:
1) inclusion in the hospital’s reimbursement workflow
2) patient/follow-up provider information access via a cloud
How it works . . .
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DSX takes doctors from this . . .
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. . .to this
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Benefits
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• Improved Cash Flow
• Increased M.D. Productivity
• Regulatory Compliance
• Continuity of Care
• Patient/Referring M.D. Satisfaction
• Not disruptive to daily hospital operations
• Requires minimal front-end investment in new IT infrastructure and training
Market Size
35,000,000
Discharge Summaries Annually
Competition
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Status Quo
• EXISTING VENDORS
• EMRs
• CDI/Coding (e.g. 3M)
Development Roadmap
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• DSX algorithm complete
• Filed process PPA: 9/1/2012
• Finalizing research protocol
• Complete beta: Q3
• Pilot complete: Q4
• Launch: Q1 2014
Summary
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Real problem with a real solution.
Need financial investment:
• Complete BETA testing in the hospital setting
• Go to market
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