Biome Analytics, the leader in cardiovascular performance improvement solutions, is pleased to announce the launch of its latest innovation, the Biome Risk Audit. Developed to address challenges in risk reporting and documentation accuracy in cardiovascular care, this artificial intelligence (AI) enabled tool integrates traditionally siloed quality data and billing information to improve publicly reported outcomes and maximize revenue opportunities.
The Biome Risk Audit solves longstanding challenges with risk reporting and documentation accuracy. By comparing manually abstracted quality data with billing/coding data, this solution enables healthcare organizations to capture patient risk more accurately, improve quality rankings, and maximize reimbursement.
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“At Biome, we understand the critical importance of accurate risk reporting and documentation in cardiovascular care,” says Matthew Esham, Biome’s Vice President of Analytics. “Our Bi-Directional Risk Audit Engine provides cardiovascular teams with practical tools to enhance documentation accuracy and revenue, saving healthcare teams hundreds of hours.”
One early-release client identified a 37% under-documentation of comorbidities like diabetes. Another client improved their observed-to-expected ratio by 30%. Both organizations realized revenue and margin improvements in just one-quarter of usage.
SOURCE: BusinessWire