Optimizing Your HIM Framework: The Importance of Technology Partners PowerPoint PPT Presentation

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Title: Optimizing Your HIM Framework: The Importance of Technology Partners


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Optimizing Your HIM Framework The Importance of
Technology Partners
https//www.ezdi.com/
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  • 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.
  • Hospital staff, especially the health information
    management (HIM) department, are often swamped
    with tasks that divert attention from the coding
    and CDI processes. In such scenarios, a
    technology partner assumes responsibility of the
    coding process by simplifying the procedure and
    implementing best-in-class software that aids
    coders and automates routine tasks.

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  • But how do you know which technology partner is
    the right fit for you?
  • When opting for a technology vendor, choosing a
    bigger more reputed company with a rigid service
    line may not always work for hospitals.
    Healthcare institutions need to pay equal
    attention to domain expertise and flexibility of
    services and solutions. It is only together that
    these attributes can add value to your existing
    HIM infrastructure.

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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.
  • 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.

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  • 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.
  • 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.

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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.

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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.

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Stepping Into the World of AI
  • However rule-based tasks make up for only a
    fraction of an HIM departments workload. The
    bulk of the task burden lies in improving, and
    not simply executing, the clinical documentation
    process. This is where AI-powered tools like
    natural language processing (NLP) and machine
    learning (ML) comes into the picture.
  • By leveraging these tools in combination with
    medical ontologism and computational linguistics,
    healthcare institutions can record and review
    automatically to identify areas that need
    attention in real time.

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Joint Responsibility Partnerships at Their Best
  • The role of a technology partner is not just to
    provide the tools to optimize and improve HIM
    processes. A technology partner must assume the
    responsibility of rapid implementation and
    integration of their tools within the hospitals
    existing framework. This is an important
    consideration while choosing the right HIM
    technology partner.
  • Considering hospitals have come to depend on
    legacy systems and structures that have, in time,
    become integral to the hospitals operations. To
    do away with these systems call for unnecessary
    organizational disruption. The best bet for
    hospitals in such a scenario would be to opt for
    a partner providing a solution that is EHR and
    encoder agnostic.

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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.
  • 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.

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How a Leading New York Hospital Boosted
Productivity by a Third
  • 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.
  • 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.

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How a Leading New York Hospital Boosted
Productivity by a Third
  • 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.
  • 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!

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Contact us Visit Our Website-
https//www.ezdi.com/ Phone no- 8866408081
Address- 12806 Townepark Way, Louisville,
Kentucky 40243
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