It Looks Like Real-Time Access To Current Health Information Really Makes A Difference!

This release appeared last week:Statewide Network for Clinical Data Sharing Reduces Healthcare Costs by an Estimated $160-195 Million AnnuallyPosted on November 12, 2019 by NYeC Staff FOR IMMEDIATE RELEASE: November 12, 2019 New analysis estimates potential savings of $1 billion once the Statewide Health Information Network for New York is fully leveraged ALBANY, NY – Today the New York Health Collaborative (NYeC) announced that use of the Statewide Health Information Network for New York (SHIN-NY) is reducing unnecessary healthcare spending in New York State by $160-$195 million annually—including significant savings to Medicaid and Medicare.If even just c urrent participants used the system’s full capabilities, nearly $1 billion could be saved each year in costs associated with duplicate testing, avoidable hospitalizations and readmissions, and preventable emergency department visits.These estimates come from recent analysis by NYeC based on curren t size and use of the network,... This is the initial part of the post - read more by clicking on the title of the article. David.
Source: Australian Health Information Technology - Category: Information Technology Authors: Source Type: blogs