New H1 Solution Sets Out to Transform How Patients Discover, Evaluate and Engage Doctors, While Helping Payors Solve...
[TODAY ONLY] For only $7, get 2 bear market beating options trade straight to your inbox and SMS every month! Click Here Now to Get Started!
NEW YORK, March 15, 2022 (GLOBE NEWSWIRE) -- H1, the leader at democratizing access to global healthcare provider knowledge and groundbreaking insights for life sciences, academic medical institutions, health systems and payors, today announced the general availability of its latest solution, Precise. Precise is the first step in H1's journey to transform how patients find the doctors they want to engage in their care. In use today by payor and digital health companies, Precise systematically manages provider data to reduce directory inaccuracy, exposure to regulatory non-compliance and barriers to building robust provider networks. Powered by the H1 curated healthcare provider (HCP) knowledge platform, Precise maintains the most up-to-date information on HCPs, including contact information, affiliation data, license verification, and in-network insurance plans' certification.
Health plans, hospitals and increasingly, digital health companies, rely on accurate provider information to refer patients to the right HCPs and maintain network adequacy. Patients depend on the information these organizations gather and publish when making decisions regarding who they want engaged and managing their care. The challenge, however, remains the rate at which a providers' data changes monthly. This leads to gaping holes in relevant information and inaccuracies that cause negative experiences for members, inaccurate referrals and compounding downstream costs for payors. Despite the healthcare industry spending over $2 billion annually to combat this issue, it is estimated that over 50%1 of the data in any given provider directory is wrong.
Continue read on benzinga.com