QuadraMed: Holistic Solution to an Accurate Enterprise Master
Did you know 18 per cent of patient records within healthcare organizations are duplicates, costing hospitals on average, $1,950 per inpatient stay? Are you aware that 33 percent of all denied claims are the result of inaccurate patient identification or information which causes the average hospital to lose upwards of $1.5 million annually in revenue? Risks aren’t only financial, patient safety is also negatively impacted when duplication errors occur. According to the College of Healthcare Information Management Executives, CHIME, one in five hospital CIOs linked at least one case of patient harm within the past year to an identify mismatch.