Availity to Share Insights, Tools and Strategies at AHIP 2015 to Enable Health Plans to Achieve Long-term, Sustainable Success in an Evolving Value-based Environment
Special Report to help health plans reduce billions of dollars in waste; “Digitizing the Manual Workflow of Risk Adjustment” presentation; and dynamic, interactive demo of new solutions designed to help AHIP attendees thrive during ongoing transition will all be available
NASHVILLE, TENN. (AHIP Institute Booth 1021) – June 3, 2015 – Availity, the nation’s largest real-time health information network, will be providing a wide range of information to help health plans plan for a successful future during the America’s Health Insurance Plan’s (AHIP’s) 2015 Institute, June 3-5, in Nashville, Tenn.
Availity released a special report to AHIP Institute attendees, “A multi-billion dollar problem of waste and missed opportunities”. The report identifies billions of dollars in potential savings for health plans and providers regarding admissions, discharge, and transfer (ADT) notification processes as well as authorization requests. According to the report, “the savings associated with automating ADT notifications just for commercial health plans are estimated at nearly $1.9 billion annually.”
ADT notifications and authorizations have been primarily manual processes, and despite other gains in converting to digital systems, this is still mostly the case. While limited automation is taking place, both health plans and providers are still using time-consuming, inefficient, expensive and error-prone manual systems while the complexity of these tasks is growing exponentially.
“While the potential for savings is extraordinary, the report also explains that this is not just about reducing costs,” said Russ Thomas, Availity CEO. “It’s also about missed opportunities to improve the bottom line and care quality.” Availity understands the complexity of this level of automation, and can work with health plans to address their individual rules and criteria for proper authorizations.
Joy Fulton, Availity’s principal of digital health strategies, will share valuable and actionable insights about industry trends and navigating ongoing challenges during her presentation on the 360 Stage on June 4th at 9:45 a.m. She will address how to deepen provider engagement, manage risk adjustment, automate the exchange of clinical data and meet compliance mandates.
Availity is also featuring an interactive demo of their recently released ADT and Authorization solution, as well as their new Revenue Program Management solution at Booth 1021. Booth staffers can also provide real-world perspectives on market place developments and realities.
Learn more about Availity health plan solutions at www.availity.com and preregister to receive the full Special Report when it becomes available online at www.availity.com/ADT
As an industry-leading, HITRUST-certified health care information technology company, Availity serves an extensive network of health plans, providers, and technology partners nationwide through a suite of dynamic products built on a powerful, intelligent platform. Availity integrates and manages the clinical, administrative, and financial data needed to fuel real-time coordination between providers, health plans, and patients in a growing value-based care environment. Facilitating over 7 million transactions daily, Availity's ability to provide accurate, timely, and relevant information is vital to the financial success of its clients.
For more information, including an online demonstration, please visit www.availity.com or call 1.800.AVAILITY (282.4548).