Atlanta, GA (PRWEB) May 14, 2014
Through their latest whitepaper, Jvion takes a hard look at healthcare mandates in the U.S. and their effectiveness at preventing patient-level disease. In “Band-Aids for Bullet Wounds: Why Healthcare Mandates Don’t Work,” the company argues that mandates don’t work because they shift the financial burden from payor to provider while leading to myopic and inadequate solutions that try to stop waste by tackling denials and adjustments. To address the weaknesses inherent in the current mandate approach, Jvion proposes a focus on the root cause of waste to stop patient-level complications and illnesses before they happen. This, they maintain, is the only right way to address patient suffering while delivering long-term financial benefits for providers.
Using an analogy that likens healthcare mandates to using Band-Aids to stop bullet wounds, Jvion outlines the “fundamental flaw in a mandate-based approach to healthcare reform: mandates don’t address the cause of the problem; they only address the symptoms.” They go on to say that the only way to truly stop patient suffering and the resulting loss of lives and money is to attack the problem through a clinical approach that predicts patient-level health events to enable prevention.
“Healthcare mandates are financially focused,” explained Shantanu Nigam, Jvion CEO and author of the whitepaper. “They penalize hospital acquired complications and illnesses by taking away the reimbursement. The hospital still has to care for the patient and spend resources doing so. In effect, the punishment just shifts all of the onus onto already cash strapped providers while alleviating the financial burden for payors.”
The company recently garnered major industry attention from Gartner who named Jvion a Gartner Cool Vendor in Healthcare Providers. This is the latest in a series of accolades that include the AHIMA Innovator of the Year award and a company growth rate that has far outpaced the rest of the industry. For more information about Jvion and their solutions, please visit http://www.jvion.com. And to download a copy of “Band-Aids for Bullet Wounds Why Healthcare Mandates Don’t Work,” please click here.
Jvion is a healthcare clinical algorithms company that develops software designed to predict and prevent patient-level disease and financial losses leading to increased waste. The company offers a suite of big-data enabled solutions that combine clinical intelligence with deep machine learning to help providers protect their revenues while improving patient health outcomes. Their objective is simple—stop the waste of resources and lives by predicting and stopping losses before they ever happen.