Meridian, Ethicus Healthcare sign deal for latest suite of analytical programs
Published on March 2, 2013 at 1:20 AM
Meridian Healthcare Intelligence, a Dallas-based healthcare software company, signed a deal with Ethicus Healthcare for its latest suite of analytical programs designed to help improve cost management and operational performance. Ethicus Healthcare operates a long-term acute care hospital in Grapevine, Texas.
Pinpoint™ allows hospital administrators to compare physician performance, identify wasteful spending, and track costs down to the line item detail. Pinpoint™ also provides a detailed revenue and cost profit margin analysis of third-party payors. One popular program within the Meridian suite of products forecasts patient profitability. Pinpoint™ users find the software to be invaluable in cost containment and profitability optimization.
eVal™ is the first clinical assessment tool of its kind. The program is completely automated and tailored for the post acute care industry. Entirely electronic, eVal™ streamlines the referral to admission decision process and captures critical data along the way. eVal™ integrates seamlessly with Pinpoint™, providing key metrics for admission decisions. eVal™ is a risk assessment tool. Its comparative analytics allow providers to identify potentially high-cost patients and patients that are likely to be re-admitted. eVal™ also functions as a referral tracking tool.
Meridian continues to be the frontrunner in cost analytic software for the health care sector. Meridian Chief Executive Office Chris LeBlanc said, "We are continuing to make great strides in the long-term acute care market. Our team has a deep understanding of the space, which is evident in our growth and in our software applications."
Ethicus Healthcare is a privately owned long-term acute care hospital located in Grapevine, Texas. Ethicus' Chief Financial Officer John Mass said, "This software is most definitely a game changer in terms of our ability to understand and manage our patients. We can't wait to get our team educated and trained on it."
Meridian Healthcare Intelligence