HIPAA News

Mede Launches Compliance Analytics Solution at HCCA

(Aprl 17, 2008)-- MedeFinance (Mede), a healthcare analytics company, announced the launch of a new compliance analytics solution at the Health Care Compliance Association (HCCA) in New Orleans. Mede’s Compliance Analytics Solution helps healthcare executives monitor compliance risk areas and track clinical quality metrics. The solution provides insight into potential risk areas and analyzes performance against internal, third party, and CMS data and benchmarks.

“The government continues to vigorously examine for inaccurate payments to hospitals,” stated Mede CEO Mike Gallagher. “Hospitals must closely monitor and analyze their performance in all compliance risk areas in order to avoid irreparable harm to their reputation as well as substantial liability. This solution provides them the intelligence needed for Sarbanes Oxley compliance and to avoid problems associated with improper reimbursement.”

The Mede Compliance Solution contains a proprietary rules engine that incorporates OIG, CMS, and industry best practices to identify high exposure areas for internal audits and reviews. In addition, alerts are delivered via email for immediate notification of variances and outliers. The Mede Compliance Analytics Solution is part of a full suite of healthcare analytics solutions delivered on the Mede business intelligence platform.

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