Robert Broadway on Pushing the Envelope Out for Good – Moving Healthcare Onto An Electronic Platform Using Banks

The Electronic Platform

15% fewer errors in electronic records study

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2015 is deadline for pay for performance based on new unified quality standards

Bankers sit on the boards on nonprofit community hospitals

2011 certified electronic health record

The Electronic Platform

  • Banking’s e-commitment
  • Investment in technology
  • Transaction definition and standardization

The Banking System Electronic Platform

  • Universal Acceptance
  • Trust & confidence
  • Security

The Healthcare System Electronic Platform

  • Limited acceptance
  • Lack of understanding
  • Concerns for security
  • Many Systems

Elements of Electronic Processing In Healthcare

  • Clinical processing
  • Technology processing
  • Financial processing/(Accounting/Claims)
  • Customer/patients relations
  • E-health/web enabled

Clinical

  • EHR – Electronic health record
  • Nursing care
  • Physician care (Electronic order entry)
  • Other providers

Technology

  • Imaging (MRI, CT)
  • Radiation therapy
  • Laboratory
  • Monitoring – in-house and remote
  • Robotics

Opportunity for Banks External Processing

  • Eligibility
  • Connectivity
  • Billing transactions (claims)
  • Payment transactions (remittances)
  • Funds flow (cash)
  • Medical credit
  • Electronic data storage
  • Health savings accounts