Healthcare is a unique industry where providers and payers must find solutions to challenges while maintaining a balance between the conflicting motives associated with maximizing health and profit. No matter how one looks at it, managed care is about reducing costs and increasing efficiencies, while healthcare is about helping people extend their lives regardless of cost.
The regulations that all facets of this industry work within require dedicated resources to ensure organizational compliance. Increased consumer demands for quality, availability, and controlled costs in conjunction with higher insurance fraud put both providers and payers at higher risk.
ThotWave understands that at the core of these challenges is the need for an integration of services and systems to meet goals on all fronts. Inefficient links between providers, payers, integrated delivery networks, patients and regulators mean delays, errors, higher overhead, lost customers, legal penalties and decreased market share.
We believe a key to successful integration is access to the right data by the right people, in time to make good decisions.
ThotWave creates solutions that are tailored for your organization. These solutions solve strategic and operational business needs, some of which include:
- Outcomes analysis: Decreasing financial exposure by measuring health risk; best clinical outcomes are surfaced for better care
- Disease Management: Immediate patient data access helps define specific disease management candidates within a population
- Reporting and analysis: For medical management and errors reporting as well as HEDIS and Compliance Reporting
- CRM/HRM: Healthcare relationship management systems are investments in savings, increased loyalty and revenue, predictions of successful marketing efforts
- SRM and eProcurement: Web-enabled procurement, patient relations, on-line public health portals save time, decrease costs, improve care
- Fraud and detection: Reduce fraud and abuse through data mining and advanced analytics to predict and understand patterns of misrepresentation
- Data warehousing: Despite diverse data sources and hardware platforms, data can betransformed into a generalized resource no matter what the structure
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To learn more, contact Greg Nelson by email to info@thotwave.com, by phone at (800)584-2819, or via our Contact page.
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