LOS ANGELES--(BUSINESS WIRE)--Medversant Technologies, LLC, the market leader in provider data accuracy and management, will introduce ProviderIQ™, a next-generation provider data management solution, at AHIP Institute 2015, June 3-5, 2015, Nashville, Tennessee. ProviderIQ is Medversant’s latest innovation helping plans close the technology infrastructure gap around provider information.
“This solution requires no middleware, positions alongside existing systems to filter and maintain accurate provider information, and can be served wherever it’s needed throughout the healthcare organization,” says Matt Haddad, president and CEO, Medversant. “Where middleware exists, ProviderIQ easily integrates provider data in multiple formats to a single format that can be consumed by the middleware solution. As a result, ProviderIQ is the most cost-efficient, effective and least time-consuming way to achieve provider data management.”
Many healthcare organizations are plagued with inaccurate provider information, which costs the healthcare industry billions of dollars each year. Inaccurate provider directories and claims payments that are sent to the wrong address, duplicate provider records, delays in recruitment and credentialing are only some of the problems caused by faulty provider data management. To address this, Medversant’s cutting-edge solution drastically reduces the cost of these processes, increases the value of the information captured, and eliminates multiple databases, paper files, waste and inefficiency.
ProviderIQ can serve as the central hub for provider information throughout the healthcare organization, or be attached to an existing hub to close gaps and push accurate verified data wherever it is needed.
Haddad adds, “Market receptivity for our solutions has been significant, given the fact that managing healthcare provider information is one of the most critical components of healthcare administration.”
In addition, economic and regulatory changes in the healthcare industry highlight new areas where ProviderIQ can be instrumental in helping payers and other healthcare organizations keep pace.
Haddad states, “With ProviderIQ, a health plan can pull together disparate provider information capturing processes, yielding timely, verifiable and accurate data needed to accomplish strategic initiatives and comply with new regulatory requirements.”
Since 1999, Medversant Technologies, LLC has been a pioneer in healthcare IT, changing the paradigm on how provider information is used to dramatically improve processes across the entire spectrum of the healthcare industry. With a decade of experience serving some of the most high-profile names in the health plan industry, we look forward to helping plans of every size and stature to resolve their provider data management challenges through an array of patented technologies and service offerings for government, health insurance plans, facilities, practitioners and other healthcare settings.