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Solutions
Description
Compatibility Level
Clients
Product Capabilities
Use cases
EHR integrations
Client types
Differentiators
Health equity
Keywords
Media
Company details
Jump to:
Categories
Solutions
Description
Compatibility Level
Clients
Product Capabilities
Use cases
EHR integrations
Client types
Differentiators
Health equity
Keywords
Media
Company details
Sickbay
Sickbay

Categories

Solutions

Description

Product Description:

Compliance is an increasingly complex and costly task. Our Payer Compliance Dashboard provides payer rule transparency for stakeholders across the treatment continuum. This proactive approach to compliance allows your organization to gain cost efficiency through reductions in costly claims denials, improved contract and utilization management, and minimization of patient care delays. 

  • Curated dashboard with pre-defined answers to your key questions 
  • Customized to your payer list and priorities 
  • Export data for offline use 
  • Filter and export by Payer, Plan Type, and State 
  • View insightful visualizations of key data 
  • Policy changes are tracked by our team and highlighted within the dashboard 
  • Maintain high level of payment integrity with compliance to timely filing, recoupment, appeals, review deadlines, and more payment integrity with compliance to timely filing, recoupment, appeals, review deadlines, and more 
  • Compare rules across payers to identify outliers  
  • Get up to speed on new payers quickly  
About Policy Reporter:

Empower your teams with Policy Reporter's payer documents library, change alerts, and reserach tools. 

Healthcare providers face numerous challenges in navigating the complex U.S. healthcare system:​

  • Keeping up with evolving medical necessity criteria, coverage policies, and billing rules​
  • Understanding and complying with diverse payer policies and prior authorization across commercial and government plans​
  • Efficiently managing revenue cycle processes in a constantly changing reimbursement landscape​
  • Ensuring patient access to necessary care while meeting payer requirements​
  • Minimizing claim denials and optimizing reimbursement​

This causes challenges such as: ​

  • Interpreting and applying complex payer policies consistently across the organization​
  • Reducing administrative burden associated with prior authorizations and claim appeals​
  • Staying current with frequent policy changes that impact reimbursement and patient care​
  • Balancing compliance requirements with operational efficiency​
  • Maximizing revenue while ensuring appropriate utilization of healthcare services​

Policy Reporter empowers healthcare providers to address these challenges by:​

  • Delivering analyst-verified alerts for tracking policy changes customize to your specialties and payer mix​
  • Simplifying access to up-to-date coverage criteria, prior authorization and reimbursement rules​
  • Offering comprehensive research capabilities to comply with key contract and claims rules​
  • Supporting efficient revenue cycle management with targeted insights and tools​

Our solutions reduce administrative burden, streamline reimbursement-related research, and empower your entire team to make informed decisions that improve patient care and financial performance.​​

Product Description:
Sickbay is an FDA-cleared clinical platform providing hospitals with the only vendor-neutral, integrated patient monitoring solution in healthcare. Sickbay consolidates disparate sourced, time-sequenced patient monitoring data with an average of 25 milliseconds per patient. Sickbay drives cost-effective patient monitoring and powers analytics by providing instantaneous and persisted physiological data to clinicians, researchers, and algorithm developers. Viewing data consolidated in Sickbay on any laptop or mobile device, on wallboards, and in on-prem or remote command centers enables clinicians to deliver the best possible care to patients throughout the hospital.
About Medical Informatics Corp:

Medical Informatics Corp.’s (MIC) mission is to deliver next-generation technologies to unify patient monitoring workflows for healthcare systems. MIC’s decade of innovation with its clinical platform, Sickbay, integrates over 30,000 vendor-neutral signals on two percent of hospital beds with over 10,000 clinical users in the United States. Most hospital systems lack native resolution data aggregated through a single source, instead deploying a multi-device strategy that silos data and data access time frames. The Sickbay Clinical Platform stands alone as the only FDA-cleared platform to aggregate time-series waveform data across disparate devices at native resolution. Current bedside devices delete data on average after 72 hours, while Sickbay saves the data indefinitely. Sickbay provides a portal through which care providers can review aggregated, time-synchronized data, annotate it, and collaborate to create algorithms (including ML & AI) and evaluate post-event care. Those algorithms and care models can then be reintroduced into the platform to advance care and innovation. Simply put, Sickbay provides the hospital teams their data from anywhere, anytime, to optimize workflows, analysis, and risk stratification across the patient care spectrum. The diverse team at MIC is fundamentally unlocking a blue ocean of new patient monitoring capabilities for ourselves, our partners, and our clients. MIC’s Sickbay saves lives, improves outcomes, streamlines strategy and technologies, and reduces the overall caring cost for hospital patients nationwide.

Compatibility level

Select which hospital or health system you work at and see a personalized compatibility level.

Clients

Select which hospital or health system you work at and see the client list

Product Capabilities

Sickbay collects, integrates, & displays time-aligned medical device data for over 30k signals. Information is displayed to end users in near real-time (~25ms) on local and mobile devices.

Sickbay's Patient Monitor (PatMon) displays per patient waveform and EHR data alerting clinical end users based on parameters defined by the hospital. Sickbay's Multiple Patient Monitor (MultiMon) displays that same information for up to 100 patients on a single screen to support virtual monitoring at scale. Sickbay's Risk Stratification module displays risk score data customized per hospital to improve awareness of patient risk in higher acuity beds. Sickbay's Alert Queue module displays alerts for telemetry patients that have been newly admitted, shift changes, dietary requirements, and rhythm validation.

Sickbay integrates EHRs using interfaces for ADT information, staffing assignments, meds, & labs. Sickbay integrates directly into the EHR to automate the capture and storage of ECG strips on the patient's record without additional, time-consuming, error-prone manual steps.

Sickbay simplifies the clinical theater by centralizing patient monitoring data from devices, EHRs, camera-enabled technology, and 3rd party analytics into a single screen. This enhances the readability and interpretation required to reduce the time-to-treat a deteriorating patient. Sickbay's interface is shared between bedside and remote care teams to drive scale and efficiency. This approach reduces the risk associated with new nursing team members on staff and improves the training / onboarding by using a single platform for patient monitoring. Sickbay's analytics workbench directly connects clinical researchers with bedside teams to develop and implement custom algorithms for specific patient cohorts in near real-time.

Sickbay integrates camera-enabled technology into a single interface alongside near real-time physiological data to provide remote care teams with video support to reduce patient risk and improve the time-to-treat for patients that are deteriorating.

Use Cases

Description:

Denials Management Team:

Challenge: High volume of claim denials due to non-compliance with frequently changing payer policies.

Use Case: Your denials management team can utilize the Payer Compliance Dashboard to access a curated view of payer claim submission requirements. By reviewing historical and active payer policies, your team can quickly identify reasons for claim denials and implement corrective measures, reducing denial rates and associated costs.

  

Contract Management Team:

Challenge: Navigating complex claims payment rules during payer contract negotiations.

Use Case: Your contract managers can leverage the Payer Compliance Dashboard to access detailed information on payer-specific claim requirements, including Medicare and Medicaid rules. With this data, your team can negotiate better contract terms by demonstrating an understanding of complex payment rules and advocating for equitable payment structures.

 

Physician Advisors & Utilization Review Team:

Challenge: Aligning clinical decisions with payer policies to avoid unnecessary peer-to-peer reviews and denials.

Use Case: Your physician advisors can use the Payer Compliance Dashboard to access up-to-date peer-to-peer guidelines and payer requirements. This helps align clinical practices with payer expectations, reducing the need for time-consuming appeals and facilitating smoother approval processes.

  

Billing & Coding Team:

Challenge: Ensuring claims are submitted accurately and in compliance with the latest payer policies to prevent rejections.

Use Case: Your billing and coding teams can use the Payer Compliance Dashboard to quickly reference payer-specific guidelines for coding and submission requirements. The tool's proactive alerting feature notifies your team of policy changes, helping them stay compliant and reducing the incidence of claim rejections.

  

Revenue Cycle Management Team:

Challenge: Managing the financial impact of claim denials and optimizing reimbursement processes.

Use Case: Your revenue cycle management team can use the Payer Compliance Dashboard to track updates in payer policies and compliance rules, enabling them to anticipate changes that could affect reimbursement. By staying informed and adjusting workflows accordingly, your team can reduce the administrative burden of claim resubmissions and optimize revenue recovery.

 

Compliance Officers:

Challenge: Keeping up with the frequent changes in payer policies to maintain compliance and mitigate audit risk.

Use Case: Your compliance officers can leverage the Payer Compliance Dashboard to monitor changes in payer rules and access historical versions of policies. This centralized and comprehensive view helps ensure that your organization remains compliant with the latest requirements and minimizes exposure to compliance risks.

  

Practice Managers:

Challenge: Efficiently managing payer requirements across multiple locations and departments.

Use Case: Your practice managers can utilize the Payer Compliance Dashboard’s easy-to-use interface to access up-to-date payer documents and requirements. This helps streamline the communication of policy changes across departments, ensuring that all teams are informed and can adapt quickly.

  

Finance & Executive Leadership:

Challenge: Reducing financial losses from claim denials and optimizing operational efficiency.

Use Case: Your finance and executive teams can use insights from the Payer Compliance Dashboard to understand trends in denials and identify areas where payer policy changes are impacting revenue. This data supports strategic decision-making and helps prioritize initiatives that will enhance the financial performance of the organization.

Pediatric use cases:

The same use cases can be applied to users focused on the pediatric population. 

Users:
  • Denials Management Team
  • Contract Management Team
  • Physician Advisors & Utilization Review Team
  • Billing & Coding Team
  • Revenue Cycle Management Team
  • Compliance Officers
  • Practice Managers
  • Finance & Executive Leadership
Description:
  • Patient Monitoring
  • Remote Patient Monitoring
  • Virtual Care Models: Virtual Nursing, Central Telemetry Monitoring
  • Rounding
  • Vent Management
  • Patient Risk Stratification
  • Interdepartmental Transfers
  • Automation: ECG Strip Automation, Data Management
  • Revenue: CDI, Denials Management
  • Analytics: Compliance, Billing, Cohort Management
  • Research: Algorithm Development
  • Legal: Litigation Support
Pediatric use cases:

Same as use case descriptions above.

Users:
  • Nurses
  • Respiratory Therapists
  • Doctors
  • Anesthesioligists
  • Surgeons
  • CDI
  • Revenue Cycle
  • Research
  • Analytics
  • Quality
  • Compliance
  • Legal

EHR Integrations

Integrations:

None provided

EMR Integration & Relevant Hardware:

None provided

EMRs Supported:

None provided

Hardware Compatibility:

None provided

Integrations:

Acute care EMR, ADT, Access +/or revenue cycle, Other

EMR Integration & Relevant Hardware:

Required

EMRs Supported:

Epic, Cerner, Allscripts

Hardware Compatibility:

Desktop, Mobile / Tablet (web optimized), Other

Client Types

Differentiators

Differentiators vs EHR Functionality:

Easy setup!

There is no need to have your IT team plan out a complex EHR integration. Access the Payer Compliance Dashboard via our easy-to-use portal. Export the dashboard data to work offline.  

Our team will quickly set up individual user access to your dashboard. 

Differentiators vs Competitors:

The Most Comprehensive Database:

Access the most complete database of live and historical medical policies and related documents on the market. 

Amazing Customer Support:

Our team will work to ensure you get the most out of your Policy Reporter subscription. We strive to be more than a vendor - we want to be your partner in improving patient access. 

Differentiators vs EHR Functionality:

The EHR is intended to be a point of care reference to support billing. Traditionally, only documenting discreet vitals from patient monitoring devices at single points.

Sickbay Clinical Platform:

  • captures consolidated, persistent, time-series waveform data from networked and non-networked bedside devices at its native resolution
  • re-displays near real-time, time aligned signals at an average latency of <25 mSec
  • integration of risk scores and analytics
Differentiators vs Competitors:

Sickbay is a single, interconnected platform that is designed to support dozens of use cases, therefore competition is dependent upon the use case. In addition to the data agggregation, consolidation, and visualilzation differences referenced under EHR functionality, key differentiators in patient monitoring & virtual care include: 

  • vendor neutral device integration
  • web-based to support monitoring on any PC, tablet, phone or embedded EHR workflow
  • flexible, modular design to enable ability to monitor 50+ patients across units, facilities, and vendors
  • unlimited retrospective data, from one second to one year+, to support building and sharing of trends, CDI documentation support, quality reporting
  • integration, development and deployment of near real-time risk scores and analytics into established workflows
  • automated documentation of vitals, ECG strips, and event trends into the EHR

Health Equity

Keywords

Images

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Payer Compliance Dashboard.png

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Sickbay on Multiple Devices

Videos

No videos provided

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Introduction to Sickbay.mp4

Downloads

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Payer Compliance Dashboard Suite 2 Pager.pdf
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Use Case: Comprehensive Case Review

Alternatives

Company Details

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