Driving Healthcare n Today healthcare spending in the United States exceeds $1.4 trillion, driven by regulatory, patient safety and business issues that are transforming healthcare in America n Healthcare organizations, spurred by safety, efficiency and national policy initiatives, are building their paths to an Electronic Health Record (EHR) n Interconnectivity among hospitals, physicians, clinics, labs, pharmacists and payers is a growing reality n Documentation of clinical information is becoming increasingly important to achieving new standards of quality n And there is growing momentum for quality of care to impact hospital reimbursements. In the new era of quality-based reimbursement, the link between quality and revenue management will grow even stronger n These are the challenges driving healthcare today n And QuadraMed is driving the solutions to meet them n
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Preventable medical errors account for 12% to 15% of hospital costs. The National Committee on Vital Health Statistics 0 10 0 10 10 10 10 10 10 10 1110 110 0 0 10 10 1 0 10 0 10 10 10 10 10 10 10 1110 110 0 0 10 10 1 Within the next 10 years electronic health records will ensure that complete healthcare information is available for most Americans at the time and place of care no matter where it originates. Promoting Innovation and Competitiveness The President s Technology Agenda
QuadraMed Solutions powering quality care and financial health QuadraMed develops innovative information technology solutions powering healthcare organizations to transform quality care into positive financial performance n QuadraMed s Care-Based Revenue Cycle solutions create synergies linking clinical and financial information, powering healthcare organizations to receive the proper reimbursement, in the shortest time and at the lowest administrative cost n That s the power of QuadraMed: enabling clients to achieve peak financial performance from the quality care they provide n 2
About QuadraMed Founded in 1993, QuadraMed has made its mark developing and implementing innovative information technology solutions across today s broad spectrum of healthcare institutions. With approximately 2000 clients in the United States, Canada, Puerto Rico, Australia, New Zealand and the United Kingdom, QuadraMed s solutions support the entire patient experience. From Identity Management and Enterprise Scheduling to Care Management, Health Information Management and Patient Revenue Management, QuadraMed delivers practical solutions increasing profitability, quality and safety in today s care delivery process. Our Vision Focused on a vision of advancing the success of healthcare organizations through IT solutions that leverage quality care into positive financial outcomes, QuadraMed provides a powerful value proposition. It helps clients transform quality care into payment and receive the proper reimbursement, in the shortest time, at the lowest administrative cost. 3
QuadraMed Care-Based Revenue Cycle Solutions Your path to quality care and financial health QuadraMed Care-Based Revenue Cycle solutions optimize the healthcare process by linking clinical and documentation elements with the revenue cycle. These solutions provide an end-to-end framework to support positive patient identification, patient access, care management, health information management and revenue cycle management, helping clients achieve quality care and positive financial outcomes. QuadraMed Care-Based Revenue Cycle solutions improve the entire patient experience and enable healthcare organizations to leverage their quality care to achieve measurable improvements in clinical and financial success. The healthcare revenue cycle is not just billings and collections anymore. Hospitals require new revenue cycle processes that focus on the entire patient flow process. Richard La Forge, CPA, and Johnny A. Tureaud Revenue Cycle Redesign, Honing the Details of Healthcare Financial Management, January 2003 4
QuadraMed Care-Based Revenue Cycle Solutions Optimize The Entire Patient Experience. As reimbursement scenarios challenge hospitals to measure and report quality of care, QuadraMed Care-Based Revenue Cycle solutions can help healthcare organizations achieve improved clinical and financial success. QuadraMed Care-Based Revenue Cycle solutions support improved integration, streamlined workflow, better documentation, improved access to information and better decision support for patient safety. 5
QuadraMed Care-Based Revenue Cycle Solutions Integrated solutions for today s healthcare challenges QuadraMed Access Management One point of access for the front end of the healthcare process QuadraMed s Care-Based Revenue Cycle solutions begin with Access Management, the entry point for the patient experience. Through these industry-leading solutions, patients and resources are identified accurately across the healthcare enterprise. From setting physician orders in motion to maximizing how healthcare organizations use their resources, QuadraMed s advanced Access Management rules engine ensures that facilities optimize the patient experience. QuadraMed Care-Based Revenue Cycle solutions streamline patient access and manage the scheduling needs of your entire enterprise with QuadraMed Enterprise Scheduling. They maximize your facility s resources by moving patients through your organization efficiently, without costly delays and conflicts. Real Results: 48% decrease in patient wait times 40% decrease in abandoned calls 95% increase in physician satisfaction DeKalb Regional Healthcare, DeKalb, GA 6
QuadraMed Smart Identity Management Seamless patient identification across your enterprise Accurate person identification and Master Patient or Person Index (MPI) data integrity are the foundation of patient safety, quality healthcare and accurate reimbursement. QuadraMed s Smart Identity Management Solutions leverage advanced technology, powerful workflow tools and proven methodologies to provide a comprehensive identity management program for today s healthcare enterprises. Real Results: A reduction of 2000 duplicate medical records each month, saving $200,000 per year in correction costs. Gaston Memorial Hospital, Gastonia, NC
QuadraMed Care Management Foundation solutions to reach new levels of quality care Care delivery is at the heart of QuadraMed s Care-Based Revenue Cycle solutions. QuadraMed helps healthcare organizations reach the goal of an Electronic Health Record (EHR) with integrated, workflow-driven solutions that enable clinicians to organize and manage patient care activities, access patient information and document the care they provide. QuadraMed Care Management solutions are focused entirely on the patient, facilitating the delivery of safe, accurate and timely care. Regulatory compliance, quality reporting and billing information are produced seamlessly as clinicians care for their patients. Next-generation clinical decision support. QuadraMed Computerized Physician Order Entry (CPOE) brings innovation in clinical decision support to the industry using advanced knowledge management functionality to improve patient safety and outcomes. Real Results: Improved compliance rates with The Joint Commission standards 99.7% Using correct drug abbreviations 90% Performing medication reconciliation 100% Performing screening requirements on admission Coshocton County Memorial Hospital, Coshocton, OH 8
QuadraMed Health Information Management Comprehensive HIM automation for your path to paperless As the broadest set of integrated HIM products in the industry, QuadraMed HIM solutions provide powerful links between access, care and patient revenue. With patient information a key element of quality care, these HIM solutions enable healthcare organizations to efficiently manage information critical to all processes within their facilities. Leading-edge advances in health information management. QuadraMed HIM solutions offer the industry s first web-native, fully integrated health information management platform designed to improve healthcare providers compliance and reimbursement. Our HIM products integrate across the full suite of Care-Based Revenue Cycle solutions. These solutions are designed by HIM professionals to ensure improvements in all key success metrics. Real Results: Increased reimbursement over $855,000 Mission Hospitals, Asheville, NC Increased revenue by $1.2 million Sarasota Memorial Healthcare System, Sarasota, FL 9
QuadraMed Patient Revenue Management Driving positive financial performance with superior workflow QuadraMed s Patient Revenue Management solutions are designed to facilitate timely, accurate and complete billing. At the core of these Care-Based Revenue Cycle solutions are embedded HIPAA EDI transaction sets that drive our workflow-oriented solutions. These solutions offer the flexibility of sending transactions to a clearinghouse or directly to payers. They also provide smarter technology such as exception-driven workflow and rules-based logic, ensuring that healthcare organizations have the right tools available to work the right account at the right time. With these powerful advantages, QuadraMed Patient Revenue Management solutions effectively and efficiently manage the business of transforming patient care into revenue. QuadraMed s Patient Revenue Management includes comprehensive HIPAA-compliant EDI, integrated denial management and exception-driven workflow to help our clients reach financial success. Real Results: $75 million in increased cash flow A reduction of A/R days to the low fifties A reduction of cost-to-collect to 3.2 cents, even with volume increases for five straight years. Orlando Regional Healthcare System, Orlando, FL 10
QuadraMed Consulting Services Powering success with process transformation QuadraMed offers a full range of consulting services for today s healthcare challenges. These services include providing technical assistance to maximize healthcare organizations technology investments, comprehensive MPI Cleanup services to resolve costly patient identity errors and assisting in clinical transformation initiatives. Additionally, QuadraMed provides services to help organizations achieve true enterprise scheduling for improved efficiency, and patient and physician satisfaction. QuadraMed also meets the needs of today s government care providers with services improving Veterans Administration Medical Centers revenue cycle management and departmental communication for better care delivery.
QuadraMed Client Services Better support for better solutions QuadraMed Client Services provides world-class support founded on the principles of communication, action, resolution and evaluation to meet and exceed client expectations. Standing by to work with customers 365 days a year with 24 x 7 coverage, our highly skilled and industry-experienced staff use internal client support technology solutions to expedite the case resolution process. QuadraMed s goal is to build long-term relationships that create loyalty and trust reinforced by the personal care and service we deliver to all of our clients. 12
QuadraMed Innovation Powering efficiency, cashflow and safety QuadraMed s expertise is automating healthcare organization workflow and compliance. It is delivering real-time decision support to care providers, giving them more control over business processes to improve patient safety and operational efficiency. The technology advantage QuadraMed solutions combine leading-edge technology with real-world practicality and flexibility. Some of our solutions provide web-native accessibility for multifaceted enterprises and interface with today s existing systems to protect clients previous investments. QuadraMed applications use unified architecture, HL7 Reference Information Model (RIM)-based concepts and other advanced technologies designed to move data beyond information to actionable knowledge, enabling rapid end-user adoption and faster results.
QuadraMed Care-Based Revenue Cycle Solutions Benefits throughout the Patient Experience QuadraMed Access Management QuadraMed Smart Identity Management Speeds patient registration Accelerates reimbursement Increases patient and physician satisfaction Increases patient volumes Solutions: Enterprise Scheduling Web Scheduling Medical Necessity Insurance Verification Patient Kiosk Surgery Management Increases accuracy of patient identification Improves patient safety Decreases patient record duplication and fragmentation Speeds registration Reduces redundant data collection Prevents unnecessary costs and delays in billing Improves operational efficiency Solutions: Smart Identity Exchange MPI Cleanup MPIspy SmartID SmartMerge SmartScan 14
QuadraMed Care Management QuadraMed Health Information Management Improves information access Provides an enterprise workflow process Provides a shared EHR Supports the reduction of medication errors Improves The Joint Commission and Core Measures reporting Improves nursing staff allocation Improves outcomes Solutions: Orders Results Reports/Notes Transcription Charting VS I/O Assessments Medication Management Physician Access Decision Support Core Measures (Clinical Outcome Practice Evaluator (COPE) Laboratory Radiology Patient Care Resource Management Improves coding accuracy Stabilizes Case Mix Index Improves access to patient information Achieves process improvement Transforms HIM into a profit center Solutions: Abstracting Facility Coding Physician Coding Compliance Record Management Electronic Document Management Workflow 15
QuadraMed Care-Based Revenue Cycle Solutions Benefits throughout the Patient Experience QuadraMed Patient Revenue Management Provides anytime, anywhere access to patient information Improves ROI with paperless operations Improves cash flow Automates paperless receivable management Improves healthcare cost and performance Solutions: Patient Accounting EDI Contract Management Account Workflow Central Business Office General Ledger Accounts Payable Payroll/Personnel InSight Performance Measurement 16
Preventable medical errors account for 12% to 15% of hospital costs. The National Committee on Vital Health Statistics 0 10 0 10 10 10 10 10 10 10 1110 110 0 0 10 10 1 0 10 0 10 10 10 10 10 10 10 1110 110 0 0 10 10 1 Within the next 10 years electronic health records will ensure that complete healthcare information is available for most Americans at the time and place of care no matter where it originates. Promoting Innovation and Competitiveness The President s Technology Agenda
QuadraMed Care-Based Revenue Cycle Solutions Transforming quality care into financial health QuadraMed 12110 Sunset Hills Road Suite 600 Reston, VA 20190 www.quadramed.com 703.709.2300 1 0 800.393.0278 2007 QuadraMed Corporation. All rights reserved. QuadraMed is the registered trademark of the QuadraMed Corporation.