DxCG Introduces Disease Management Calculator.First DxCG Web-Enabled Predictive Modeling DM Estimator(TM) Tool BOSTON Boston, town, England Boston, town (1991 pop. 26,495), E central England, on the Witham River. Boston's fame as a port dates from the 13th cent., when it was a Hanseatic port trading wool and wine. Having recovered from a decline in the 18th and 19th cent. -- DxCG(R), Inc, the leading provider of predictive modeling software for health care organizations, today introduced DM Estimator(TM), a new web-enabled calculation tool that estimates potential cost savings from disease management. DM Estimator is the first web-enabled predictive modeling calculator calculator or calculating machine, device for performing numerical computations; it may be mechanical, electromechanical, or electronic. The electronic computer is also a calculator but performs other functions as well. from DxCG that uses the Diagnostic Cost Group (DCG DCG - Definite Clause Grammar ) methodology to calculate the occurrence of disease for disease management planning and evaluation. DM Estimator approximates the potential for savings based on a managed care population's demographics The attributes of people in a particular geographic area. Used for marketing purposes, population, ethnic origins, religion, spoken language, income and age range are examples of demographic data. , geographic location, estimated disease burden, and intervention A procedure used in a lawsuit by which the court allows a third person who was not originally a party to the suit to become a party, by joining with either the plaintiff or the defendant. approach. The DM Estimator can be used as a reference tool by health care organizations to evaluate existing disease management programs or their population's participation level for a possible disease management program. DxCG's DM Estimator is the only calculator available in the market that uses the Diagnostic Cost Group (DCG) methodology and benchmark data to understand a population's disease rate. "The DM Estimator is intended to help organizations evaluate the potential for disease management savings when administrative claims data is not available," said Anju Joglekar, Ph.D., senior scientist at DxCG. "We wanted to design a tool that would allow clients to evaluate the cost effectiveness of implementing a disease management program based on a variety of assumptions," continued Joglekar. DM Estimator is a "what if" calculator and the precision of the estimates depends on the amount of information that users provide about their population, Joglekar explained, adding "The power of the tool is that you can tailor A tailor is a person whose occupation is to sew menswear style jackets and the skirts or trousers that go with them. Although the term dates to the thirteenth century, tailor it to a specific population." Pricing and Availability DxCG's DM Estimator is the only calculator available in the market that uses the Diagnostic Cost Group (DCG) methods and benchmark data to evaluate a population's disease burden. The DM Estimator is available directly from the DxCG Web site for a license fee. Visit www.dxcg.com for more information or email info@dxcg.com. About DxCG, Inc. DxCG, an ISO (1) See ISO speed. (2) (International Organization for Standardization, Geneva, Switzerland, www.iso.ch) An organization that sets international standards, founded in 1946. The U.S. member body is ANSI. business, promotes fair and efficient health care by providing software solutions to more accurately plan, budget and evaluate health care management programs. DxCG has more than 300 clients worldwide. The company's Diagnostic Cost Group (DCG) and RxGroups(R) predictive models are used to negotiate health-based payments, identify opportunities for disease management, profile physicians and evaluate managed care programs. Recognized by leading independent researchers as the most proven models available, DxCG's methodologies are used by the federal government to set payment rates for the U.S. Medicare Medicare, national health insurance program in the United States for persons aged 65 and over and the disabled. It was established in 1965 with passage of the Social Security Amendments and is now run by the Centers for Medicare and Medicaid Services. program. |
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