HealthAxis Blog

1Apr, 2019

HealthAxis Group Acquires Analytics Partners

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HealthAxis Group announced the acquisition of Analytics Partners based in Jacksonville, FL. The merging of business operations adds robust and proven analytics to complement the HealthAxis Group’s current and powerful core platform and services. HealthAxis Group acquired Analytics Partners stock and assets and will begin consolidating all business under the HealthAxis Group brand. Analytics Partners specializes in analytics solutions such as historical trend analysis, risk assessments, fraud indicators and claims reporting for Healthcare organizations. Their integrated healthcare analytics solution, Health Intelligence Analytics (HIA)SM provide clients with a comprehensive view of […]
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26Feb, 2019

Identifying Laboratory Ordering Compliance for At-Risk Patients

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Saving lives, saving money & improving provider care. EHR data is a treasure trove of information about your population’s health. Within those EHR databases lie answers to a multitude of your questions. In one of our studies, at HealthAxis Data Analytics, we focused on questions revolving around the quality of care of patients on a powerful diabetic medication that is commonly prescribed. Using our Adverse Drug Reaction algorithm, we were able to quickly identify in a clinical practice dataset of over 20,000 patients that administration of this medication correlated with […]
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23Apr, 2018

Predictive analytics can spot patients not taking their medicine

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While the U.S. spends billions of dollars developing new therapeutics, those investments won’t do much good if the drugs aren’t taken as physicians say they should be.  “Using big data to find incidents of medication nonadherence, and using it to tailor patient interventions, is a key component to population health. Any health system trying to tackle population health management in any meaningful way has to grapple with the challenge of patients who don’t adhere to their care plans – especially those who, for whatever reason, don’t take their medicines in […]
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5Mar, 2018

5 trends in Healthcare Analytics for 2018

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In a recent white paper, Tableau outlines significant trends in healthcare analytics for 2018. “Leaders of The demand for higher quality care at lower cost, among other trends, will drive the use of healthcare information technology in general and analytics applications in particular this year. Growth efforts to engage patients and better manage patient populations also are expected to drive the need to capture data and gain insight from it. According to Tableau, as a result 2018 reveals the pent up demand for better healthcare IT and analytics that drive […]
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1Feb, 2018

Medical Device Data, UDIs on Claims Impact Costs, Patient Safety

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According to recent reports, payers who incorporate medical device data and UDIs into their claims may improve costs and patient safety. “Adding medical device data and unique device identifiers (UDIs) to insurance claims could have a significant positive impact on healthcare spending and patient safety, according to reports from Pew Charitable Trusts, Brigham and Womens Center of Surgery and Public Health, and OIG. However, most insurance providers, including Medicare, do not have the data collection methodologies in place to gather this valuable information, leaving providers, patients, and payers at risk […]
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26Jan, 2018

Healthcare Data – How to Use it to Your Benefit

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In today’s world, information travels at gigabit speeds. For business, this means near limitless opportunities to accumulate data and use it to make operations more efficient and therefore more profitable. One of the issues many businesses encounter when compiling all this data is finding an effective use for so much information. Understanding the data and incorporating it into useful business practices is especially problematic in the medical profession. Healthcare has evolved with the rest of the business world, and has used technology to make leaps and bounds in providing patients, […]
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5 Solutions for Conquering Challenges of Bundled Payment Models
18Jan, 2018

Healthcare finance executives see strong IT investment in 2018, but a bubble could be growing

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KPMG and Leavitt Partners new survey found that health and life sciences organizations intend to invest in analytics and digital technologies. “More than half of finance executives are projecting health IT and data to see strong investment activity in 2018 and 2019, according to a new survey. But they’re also concerned that a bubble is growing in certain health and life sciences realms. Fifty-two percent are projecting that the health IT and data subsectors will have a lot of investment activity in 2018-19, followed by outpatient services at 44 percent, […]
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HealthAxis care management portal
16Jan, 2018

Claims Analytics Help Medicare Identify, Prevent Provider Fraud

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The use of a claims analytics platform helped Medicare to identify and prevent millions of dollars in provider fraud. “Close to a quarter of new Medicare fraud investigations started with the use of a claims analytics platform that has helped to save approximately $6.7 million in incorrect billings, a new GAO report found. After reviewing fraud prevention procedures and technologies within Medicare in 2016, GAO determined that the Fraud Prevention System (FPS) helped Medicare take corrective actions against 90 providers by suspending improper payments. The review also suggested that the FPS […]
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27Nov, 2017

Hospital datacenters: Extinct in 5 years?

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Cloud Computing: Datacenter of the future “Prominent healthcare executives are predicting a drastic shift from on-premise IT infrastructure into the cloud. That includes electronic health records, clinical decision support and analytics. Every time Carolinas HealthCare System gets rid of server or storage hardware, someone in the IT department takes out a roll of red tape. They cut off two pieces and lay those down on the floor in the shape of an X, as in: Do not put any new hardware here.” Read the full article. Check out this article and […]
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7.1M Patients Use Remote Monitoring, Connected Medical Devices
17Nov, 2017

Cloud computing will change the nature of hospital IT shops

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Healthcare IT News: Cloud Computing “IDC says cloud services are transforming IT departments into lines of business as they acquire daily operations tasks instead of carrying them out on their own. Start putting the puzzle pieces together and a clear picture emerges of hospitals implementing more and more cloud services in the immediate future. The freshest of those pieces, IDC’s Cloud in Healthcare 2.0, said that hospitals are acquiring a taste for buying IT via the pay-as-you-go model and its operational expenditure approach rather than purchasing technology the old-fashioned way, […]
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