Precyse Launches White Paper and Announces KLAS Accolades at HFMA ANI 2012

Las Vegas, NV Jun 25, 2012 – Precyse, a leader in health information management (HIM) technologies and services, leading up to the HFMA Annual National Institute 2012 , released a new report titled, “Stay the Course: Trust Innovation to Guide Your ICD-10 Transition.” The new report was launched after the recent shift in the proposed compliance date for ICD-10 from Oct. 1, 2013 to Oct. 1, 2014. “Even though it is a proposed rule that has a 30-day comment period, many industry leaders do not anticipate the date to move again. So what should you do with all this extra time? Stay the course and use it as your opportunity to get prepared,” says Precyse President, Chris Powell.
The 8-page report, authored by Dee Lang, Precyse Vice President of Product Management and Strategy, advises providers to use this extra time to capture better data to create a more complete and useful set of codes, especially if you are in a more automated electronic medical record environment. “This delay provides the time you need to focus on improving your clinical documentation and determining whether it supports ICD-10. Non-specific codes are still available in ICD-10. But if we continue to use non-specific codes, what are we really accomplishing?” said Lang, “What we are going to need to do is get providers to think and act differently.”
Precyse will also announce at the show its latest accolades for its precyseCode™ computer assisted coding (CAC) solution. In a KLAS report titled “Computer-Assisted Coding: A Glimpse at the Future of HIM Technology,” Precyse was “praised for [its] strong technology and received the highest scores of providers’ perception that their solution will meet their needs,” wrote Graham Triggs, author of the KLAS report.
While ICD-10 readiness, increased productivity and improved efficiency are major forces behind the interest in CAC, Precyse believes providers should also focus on the clinical and quality implications of CAC.
And Precyse isn’t the only one receiving accolades. Precyse client, Baptist Health System (BHS) was awarded the 2012 MAP Award for High Performance in Revenue Cycle by HFMA. The award was given for an achievement of measurable excellence in the revenue cycle and
their model will be used as a best practice for the healthcare industry. Precyse is a sponsor of HFMA ANI 2012 and will be located at Booth #1653 – where it will be conducting demonstrations of precyseCode and the latest enhancements to Precyse University™ education program, which offers one-of-a-kind education and training delivered onsite or online to enhance the knowledge and expertise for all populations impacted by ICD-10.
More than 1,000 hospitals are now committed to Precyse University education. Equipped with more than 300 coders and hundreds of HIM and clinical professionals on staff, Precyse has a track record of developing tried and true educational content to keep its team of experts consistently meeting or exceeding industry accuracy and timeliness benchmarking standards. Precyse has used this same approach for building its ICD-9 and ICD-10 education content. The Precyse ICD-10 education content is available online through Precyse University or the HealthStream Learning Center®.

Sparta Systems to Discuss Compliance and Quality Assurance at 2012 DIA Annual Meeting

Holmdel, NJ Jun 24, 2012 – Sparta Systems, Inc., the market leader in enterprise quality and compliance management solutions, today announced that KR Karu, the Company’s pharmaceutical industry principal, has been chosen to speak at the DIA Annual Meeting in Philadelphia, Pa., June 24-28, 2012. KR’s presentation will discuss automating Good Clinical Practice (GCP)/Good Laboratory Practice (GLP) audit reporting processes in a quality management solution.
KR will provide a step-by-step roadmap for automation of critical preclinical and clinical auditing processes within a quality management system. Those who attend will have a clear understanding of how they can reduce the time and resources typically associated with managing GLP and GCP audit processes, a more effective solution to collecting data necessary for reporting to authorities.
The DIA Annual Meeting provides professionals across all disciplines the latest in advancing the discovery, development and life cycle management of safe and effective medical products.

Sanquin Selects TrackWise® Solution to Manage Blood Bank Risks

Holmdel, NJ Jun 13, 2012 – Sparta Systems, Inc., the market leader in enterprise quality and compliance management solutions, today announced that Sanquin, the Blood Supply Foundation in the Netherlands, has selected Sparta’s TrackWise Enterprise Quality Management Software (EQMS) to handle change control, deviations, complaints, risk management and audit processes. “Donor and patient safety comes first in our line of work, so the ability to track changes, deviations, complaints, corrective measures and possible risks are extremely important,” said Peter van Mourik, Director Quality & Regulatory Affairs at Sanquin. “TrackWise consolidated multiple disparate systems, helping streamline our quality processes while saving us time and money.”
The first phase of Sanquin’s implementation focused on its plasma products division and went live in December 2011. The use of TrackWise in Sanquin’s blood banks and other divisions is phase two of the project, and it is scheduled to be fully implemented at the end of December 2012. In both phases, Sanquin is utilizing TrackWise for complaints, change control, deviations, Out of Specifications (OOS), Corrective and Preventive Actions (CAPA), risk management and audits.
“TrackWise launched without a hitch and we’re thrilled that the system generated user feedback that has been extremely valuable to Sanquin from day one,” said Nathan Birtle, VP Sales at Sparta Systems Europe. “Sanquin must help ensure a safe and efficient blood supply in the Netherlands, making accurate reporting crucial to its business. TrackWise monitors the relevant quality parameters and can quickly detect issues, so Sanquin can maintain their high level of quality and safety standards more easily.”

U.S. HealthWorks Adds Cupertino Medical Group to its Network of California Centers

Cupertino, CA Jun 11, 2012 – U.S. HealthWorks, the largest independent operator of occupational health care centers in the United States, today announced it has acquired the Cupertino Medical Group. The center is located at 10050 Bubb Road, Suite 3, in Cupertino.
U.S. HealthWorks now operates 66 medical centers in California and a total 172 nationwide. Terms of the transaction, effective June 9, 2012, were not disclosed.
The facility will continue to offer a wide range of urgent care and occupational healthcare services, including diagnosis and treatment for injury and illness, preventive services, pre-employment and post-offer exams and screening, and return-to-work rehabilitative care. The center is open Monday through Saturday, 8 a.m. to 8 p.m.
“We are pleased to be a part of a strong and growing organization like U.S. HealthWorks,” said Dr. Yung Chen, owner and Medical Director of the Cupertino Medical Group. “U.S. HealthWorks has a very strong presence in California and has a tremendous reputation for providing excellent medical care. It’s exciting for our medical staff to join a company that offers many innovative approaches during these changing times in healthcare coverage.”
U.S. HealthWorks has 21 centers in Northern California, including centers in San Jose, Santa Clara, Sunnyvale and Milpitas.
“We’re thrilled to expand our coverage in the San Jose region and to welcome the staff of Cupertino Medical Group to U.S. HealthWorks,” said Therese Hernandez, the Senior Vice President of Operations for U.S. HealthWorks in California. “This new location offers our existing clients and patients another excellent choice for occupational health and urgent care services.”

Precyse Signs Interface License Agreement with 3M Health Information Systems

Wayne, PA and Alpharetta, GA Jun 5, 2012 – Precyse, a leader in Health Information Management (HIM) technology and services, announces it has entered into a software interface license agreement (SILA) with 3M Health Information Systems. The agreement licenses the interfacing of precyseCode™, Precyse’s computer assisted coding (CAC) solution to the 3M Coding and Reimbursement System.
“We are pleased to announce this agreement with 3M,” said Chris Powell, president of Precyse. “According to a recent KLAS report, nearly half of providers are looking to purchase a CAC solution in the next two years, and this agreement is one of our many efforts to better serve the healthcare community as it prepares for the ICD-10 transition.”

Precyse Receives the Highest Scores of Providers’ Perception for Meeting Coding Needs in KLAS CAC Report

Wayne, PA and Alpharetta, GA Jun 1, 2012 – Precyse, a leader in Health Information Management (HIM) technology and services, announces that it has received the highest scores for provider perception that its precyseCode™ computer assisted coding (CAC) solution will meet their needs. In a KLAS report titled “Computer-Assisted Coding: A Glimpse at the Future of HIM Technology,” Precyse was “praised for [its] strong technology and … received the highest scores of providers’ perception that their solution will meet their needs,” wrote Graham Triggs, author of the KLAS report. “These providers have liked what they have seen compared to competing vendors.”
According to the KLAS perception report, a Precyse client said, “We chose Precyse because we wanted to help our coders be more efficient and enhance our productivity. We knew ICD-10 was going to create an even bigger deficit in their productivity. Precyse had a nice way of showing us the difference between ICD-9 and ICD-10 so we could know what documentation we might be missing for ICD-10.”
The ICD-10 implementation deadline has been pushed back to a proposed date of Oct. 1, 2014, but many providers are still looking seriously at purchasing inpatient CAC solutions within the next two years; 33% of providers who don‟t currently have a CAC solution plan to buy one in 2012, and another 15% are considering a CAC purchase in 2013. Providers understand that solutions aimed at improving clinical documentation and coding will lead to productivity improvements and enhanced reimbursement. They are not waiting, despite the delay.
“While ICD-10 readiness, increased productivity and improved efficiency are major forces behind the interest in CAC, Precyse believes providers should also focus on the clinical and quality implications of CAC,” said Chris Powell, president of Precyse. “Precyse’s CAC has solid science behind it, with a well-designed Natural Language Comprehension™ (NLC) engine and supporting applications to effectively support the ICD-10 transition. Precyse also has a large group of experienced coding and clinical documentation improvement (CDI) professionals to support CAC and CDI during the ICD-10 transition.”
PrecyseCode offers the combination of NLC-enabled computer assisted coding with intelligent workflow for clinical documentation improvement and coding. PrecyseCode provides a single, comprehensive platform that unifies the clinical documentation improvement workflow to optimize coding processes. This combination is the single best solution for providers as they face the imminent challenges on the horizon for the healthcare industry.
The Baptist Health System (BHS), which includes four hospitals in the greater Birmingham, Alabama area, saw immediate improvements when it began working with Precyse’s expert resources and implemented precyseCode. BHS experienced a 20% increase in coding quality, 5% increase in DRG based revenue through more accurate coding and improved Case Mix Index (CMI), 10% reduction in voluntary auditing and an overall reduction in audit costs, coder productivity improvement, and a revenue increase due to better information and more accurate coding.
“Not only were we pleased with Precyse’s team of experts, but we’ve also found their technology solutions to be instrumental to our coding department. Using PrecyseCode, we’ve seen a significant improvement in our coding department’s quality, productivity and accuracy,” said Chloe Phillips, corporate director of HIM, BHS. “They are, truly, a partner for life.”
Geisinger Health System (GHS) of Danville, PA, is also seeing positive results from precyseCode. “We’ve already seen 20% increases in coder productivity with precyseCode, and we expect that figure to climb as high as 50% as the system ‘learns’ from its earlier coding assignments,” said Sue Trewhella, senior director of coding for GHS.
“We made the decision to partner with Precyse because we shared in their vision about how Natural Language Comprehension could be applied to computer assisted coding technology to significantly accelerate the revenue cycle,” said Barbara Tapscott, vice president, revenue cycle for GHS. “Though we are still early on in our implementation of precyseCode, the results we are achieving thus far are already validating our combined vision. I have no doubt the improvement will continue and we will be well prepared for ICD-10 and other challenges on the horizon.”