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RISARC CEO Richard Stephenson predicts rapid improvements in collaboration and healthcare as U.S. providers and payers adopt advanced IT systems under Obamacare.
  • USA - English


News provided by

RISARC

Apr 30, 2014, 03:00 ET

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RISARC is a leading national high-technology and revenue recovery consulting firm in the health care industry.
RISARC is a leading national high-technology and revenue recovery consulting firm in the health care industry.

Burbank, California (PRWEB) April 30, 2014 -- Richard Stephenson, Founder and CEO of RISARC, a leading national high-technology and revenue recovery consulting firm to the health care industry, predicts that the advanced IT improvements mandated by federal health care laws will dramatically improve collaboration between payers and providers.

Seamless connectivity

Reliable analytics that truly understand how the health of the community as a whole can be improved – and where the costs for protecting community health can be reduced are essential...

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Said Stephenson: “The dream has always been for seamless connectivity between those who deliver healthcare services and those systems and plans that pay providers and payers alike.” Stephenson noted that federal legislative and regulatory incentives now make the adoption of electronic health records (EHR) accessible for virtually all healthcare stakeholders participating in federally-subsidized insurance plans – and that the fluid integration of these systems is “advancing at encouraging rates.”

Better rates, better access

Said Stephenson: “The promise of EHR is ultimately to reduce the cost of healthcare and give patients better rates while also giving them easier access to quality and value. Projects and field reports from those in the healthcare industry, which include some of the largest and most innovative providers and payers in the country, confirm that this goal is achievable. The enrollment success of Obamacare which included a healthy segment of 30 and under individuals, known as the ‘invincible Millennial’ generation will be helpful in that transition.”

Stephenson reports that the transformation of physician attitudes has been remarkable. Said Stephenson: “Doctors in America are moving to systems that seamlessly link them with providers and payers and offer more uniformity in electronically recording and reporting patient activity. The result is they are able to reduce costly administrative and staffing burdens.”

Meaningful analysis

According to Stephenson, uniform reporting also means that meaningful treatment analysis can be instantly made across hundreds, even thousands of cases, whether the results are kept in a HIPAA-protected external “cloud” or inside the centralized computers that record outcomes and costs.

Said Stephenson: “Reliable analytics that truly understand how the health of the community as a whole can be improved – and where the costs for protecting community health can be reduced are essential. Through improved payer/ provider engagement and optimized communications the goal for achieving better patient care and population management is within reach.”

About RISARC

RISARC is a leading national high-technology and revenue recovery consulting firm to the health care industry. RISARC, founded in 1990, has recovered over $1 billion for its clients. The company offers the RMSe-bubble™ for secure electronic document exchange and the signature RISARC 360° single-source solution that combines health care revenue cycle expertise with innovative cloud-based, cost-saving technology to help clients optimize existing resources, meet business objectives and reach financial goals. RISARC is a pioneer in health care technology solutions and is a certified Health Information Handler for the Centers for Medicare and Medicaid Services, esMD project. The RMSe-bubble provides the industry’s best secure, HIPAA-compliant environment for electronic record and document exchange and has been endorsed and accepted by providers, commercial insurance carriers and government agencies across the United States.

Please visit us at http://www.risarc.com for additional information.

Marshal Gordon, RISARC, http://www.risarc.com, +1 818-953-3020, [email protected]

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