An Efficient Affected person Identification System can Cut back Healthcare Losses – Credihealth Weblog

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The COVID-19 pandemic has modified actuality for the whole world as we all know it. Whereas many locations are opening up with precautions, the virus continues to have an effect on our lives. Anybody maintaining tabs is aware of that the US has been hit the toughest – its healthcare system is making an attempt its greatest to battle the novel virus. Nonetheless, it’s dealing with unprecedented losses as a result of virus in addition to decrease inpatient volumes. Whereas many healthcare suppliers are sadly shutting down their doorways as a result of monetary disaster, others are slowly opening their doorways or including new amenities. Essentially the most smart method to transfer ahead is by guaranteeing affected person security, stopping medical id theft, and mitigating losses – all of which will be finished utilizing a futureproof patient identity management system. Let’s check out how these are interrelated.

Hospitals are closing down resulting from monetary strain

The AHA has already said that healthcare suppliers this yr will face losses of round $323 billion on the very least. $323 billion! That is primarily as a result of hospitals needed to cancel elective procedures in order that they’ll take care of the surge of COVID-19 sufferers. Furthermore, the massively decreased variety of inpatient visits because the pandemic began was a contributing issue to the continued losses as properly.

AHA’s prediction appears to be true, as many suppliers have already shut down even after introducing cost-cutting methods like furloughing, decreasing pay cuts, shedding workers, and so forth. The strain is simply an excessive amount of for a lot of suppliers – they have already got razor-thin margins. Let’s not neglect the added bills of COVID-19 – PPE, ventilators, and so forth. Let’s check out how different elements would possibly result in losses.

Lack of affected person identification techniques improve losses

Whereas healthcare suppliers are already working arduous to scale back the results they face as a result of monetary pressure, they may wish to consider different cost-cutting methods. At this level, they want to have a look at methods that may mitigate losses and enhance affected person care. As an example, they need to consider the present affected person identification system. However how can affected person identification assist in such a situation?

Properly, the shortage of efficient affected person identification has at all times been problematic for healthcare suppliers. Medical errors, denied claims, affected person issues of safety, and affected person information integrity failure are simply among the penalties of affected person identification errors, resulting in important losses.

Most healthcare suppliers have skilled such circumstances, which is why yearly healthcare leaders urge to abolish the ban on the UPI (distinctive affected person identifier). Sadly, it’s been round twenty years with out the UPI – suppliers have to make use of different means to establish their sufferers. Even when the UPI is created someday, the accountable suppliers would couple it with an efficient affected person id verification system to make sure constructive affected person identification.

For now, suppliers are utilizing totally different options or insurance policies to establish their sufferers. As nearly all of the options have been rendered ineffective by the pandemic (touch-based options), suppliers should consider their current options in the event that they intend to cauterize the continued losses.

Listed below are some questions to contemplate concerning the present affected person identification platforms:

  • Is the present platform avoiding duplicate information?
  • Is it guaranteeing constructive affected person identification throughout the care continuum?
  • Is it guaranteeing affected person information integrity?
  • Is it stopping medical id theft in real-time?
  • Is it guaranteeing a hygienic setting?
  • Is it enhancing affected person security, enhancing well being outcomes, and decreasing medical errors?
  • Is the present affected person identification platform futureproof?
  • Are sufferers accepting it positively?

If any of the solutions are “no”, suppliers have to improve their affected person identification system. A easy misidentification can result in denied claims, compromised affected person care, repeated lab exams, and mistaken remedy based mostly on an inaccurate medical file – finally hurting the underside line of the caregiver. Furthermore, affected person security is jeopardized – there are various circumstances the place sufferers have even sued their suppliers, one thing which no supplier can afford proper now. With all that stated, is there any efficient affected person identification platform that may reply the questions above positively?

A futureproof affected person identification system will go a great distance

Fortunately, sure – RightPatient. It’s a touchless patient identification platform and has years of expertise serving to suppliers establish their sufferers precisely. It makes use of a photo-based engine to match affected person information precisely. Sufferers can take their selfies throughout appointment scheduling – the platform matches the pictures on the backend, guaranteeing constructive affected person identification. 

Throughout visits to the hospitals, sufferers solely want to have a look at the digital camera – the platform matches the pictures and offers correct medical information, stopping medical id theft, decreasing denied claims, guaranteeing affected person information integrity, and stopping duplicate medical information.

Hospitals want to scale back losses as quickly as potential to make sure survival, and utilizing an efficient affected person identification platform like RightPatient will be the important thing to it.

 

Disclaimer: The statements, opinions, and information contained in these publications are solely these of the person authors and contributors and never of Credihealth and the editor(s). 

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