MedeAnalytics Offers Meaningful Use Risk Assessment

Comprehensive service offering provides readiness evaluation to meet meaningful use requirements for all three stages

EMERYVILLE, Calif., June 21, 2010 — MedeAnalytics, a leading provider of healthcare performance management solutions, unveiled today its Meaningful Use Risk Assessment which evaluates a hospital’s compliance to meet the HITECH Act’s requirements to encourage hospitals to implement and meaningfully use electronic health records. The announcement was made at the Healthcare Financial Management Association’s 2010 Annual National Institute in Las Vegas, Nev.

The new service offering includes an evaluation of a hospital’s current compliance and ability to meet quality reporting requirements pertaining to meaningful use. The customized assessment provides quantification of financial risk and opportunities, based on data provided by the hospital, going beyond the current meaningful use Stage 1 requirements by predicting Stage 2 and 3 requirements (based on extensive research of expert opinions) and assessing the hospital’s readiness to meet those requirements.

“We feel this goes beyond the simplistic ‘check the box’ tests in the market currently,” said Doug Thompson, MedeAnalytics’ senior vice president, Performance Management Consulting. “Doing a gap analysis of where a hospital stands relative to Stage 1 requirements is fairly straightforward. Of greater value is an educated assessment—with financial risk estimates—relative to the more stringent Stage 2 and 3 requirements.”

About MedeAnalytics
Founded in 1994, MedeAnalytics enables healthcare organizations to improve clinical, financial and operational performance through on-demand analytics and client services. For hospitals and health systems, MedeAnalytics provides solutions to address revenue cycle, patient access, clinical operations, staff productivity, regulatory compliance, finance and accounting, and enterprise performance management. For healthcare payers, the company provides solutions for provider network management, medical management and payer-provider transparency. MedeAnalytics delivers business intelligence to over 800 healthcare organizations using a hosted, Software-as-a-Service (SaaS) model, which reduces up-front costs and enables rapid implementation and exceptional time-to-value. For more information, visit www.medeanalytics.com.

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