Jvion is Using Big Data to Deliver Big ICD-10 Insights

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The healthcare industry is positioned to be a big buyer of the big capabilities promised by Big Data. And one company—Atlanta-based Jvion—is proving that Big Data solutions can help address and avoid some of the largest challenges currently faced by providers.

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We are currently delivering Big Data enabled analytics through our RevCore solution to help providers understand their ICD-10 financial exposure and develop actions that will mitigate revenue losses

The term “Big Data” is ubiquitous. And within healthcare, the buzz comes with some pretty high expectations. But Big Data solutions are still relatively young. There aren’t many in the market that are truly viable and delivering measureable results—especially within the healthcare provider segment of the industry. Most of the analytic solutions available are still based off traditional business intelligence infrastructure and design. However, there is one company making great strides in the area of Big Data analytics—the Atlanta-based healthcare consultancy Jvion.

“We are currently delivering Big Data enabled analytics through our RevCore solution to help providers understand their ICD-10 financial exposure and develop actions that will mitigate revenue losses,” explained Surya Vadlamani, Jvion CIO and Chief Solution Architect. “We take large sets of disparate data from multiple sources to make sense of current risks and future opportunities resulting from the ICD-10 code conversion. Using the capabilities embedded in our Bonobo Big Data platform, we can tell a hospital where risks are, provide granular information on those risks, translate those risks into action, and deliver predictive capabilities to support the organization through the entire conversion and beyond.”

The advanced predictive capabilities within the Jvion solution have helped drive stellar growth for the company over the past year. “Even with the date change, we enjoyed major market gains,” said Shantanu Nigam, Jvion CEO. “I attribute our success to the value delivered through RevCore. Because the solution leverages our Big Data capabilities and the advancements embedded within our Bonobo platform, we have been able to provide insights and predict ICD-10 related trends more effectively than our competition. Providers have consistently found our outputs to be more comprehensive and easily converted into actions that address revenue risk today and in the future.”

Jvion’s Bonobo Big Data platform supports the firm’s entire ICD-10 conversion suite branded icdcomplete. This includes crosswalk, dual coding, system remediation, and testing solutions that are fully integrated and leverage the analytics delivered through RevCore. “Because the Bonobo platform underlies all of our solutions, every capability uses the risk information that RevCore delivers to reduce negative reimbursement shifts, and operational and clinical impacts,” said Surya. And as the company builds out future solutions for providers, they will continue to leverage their Big Data expertise. “Our future solutions build off our current technology to deliver provider-focused fraud, waste, and abuse solutions. Because of our experience with ICD-10 and unstructured data, we are positioned to help providers protect their revenues from not just ICD-10, but all types of impacts brought about by current healthcare reform.”

For more information on Jvion’s Big Data-enabled ICD-10 solutions and how Jvion can help providers prepare for and avoid related financial, operational, and clinical impacts, please visit http://www.jvion.com/revcore.html.

About Jvion
Jvion is a healthcare compliance technology and services organization with a full suite of tools to enable the ICD-10 conversion. The company serves providers and payers in all phases of the ICD-10 conversion process with a simple value proposition—by using Jvion’s tools and solutions, organizations can do more to reduce cost, mitigate risk, and optimize reimbursements with fewer resources and in a shorter time line. Please visit Jvion’s website at http://www.jvion.com for more information.

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Allison Alavi
Jvion
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