MDI releases 1994 outpatient procedures database.IRVINE, Calif.--(BUSINESS WIRE)--June 7, 1995--Medical Data International (MDI (1) (Multiple Document Interface) A Windows function that allows an application to display and lets the user work with more than one document at the same time. ), in conjunction with the Sachs Group, announces the release of the 1994 Outpatient Procedures Database (OPD OPD Tape symbol showing either the first transaction of the day in a security after a delayed opening or the opening transaction in a security whose price has experienced a large rise or fall from the previous day's closing price. ). This edition of the database of CPT-4-coded outpatient procedure volumes is based on over 100 million actual reimbursement claims measured against detailed current demographics, and includes assessments of the inpatient/outpatient balance for those procedures performed in both settings. CPT-4 codes are the American Medical Association's copyrighted numbering scheme There are many different numbering schemes for assigning nominal numbers to entities. These generally require an agreed set of rules, or a central coordinator. The schemes can be considered to be examples of a primary key of a database management system table, whose table that very specifically identifies services and procedures performed by physicians. (CPT-4=Current Procedural Terminology Current Procedural Terminology See CPT. , 4th revision.) "Outpatient services outpatient services Hospital-based services Managed care Medical and other services provided, to a nonadmitted Pt, by a hospital or other qualified facility–eg, mental health clinic, rural health clinic, mobile X-ray unit, free-standing dialysis unit Examples are the most cost-effective healthcare delivery vehicle along the continuum of care," says Pieter Halter halter the simplest form of restraint for the head of farm animals. Comprises a poll strap, a nose band and a halter shank that brings the ends of the nose band together under the mandible. Made of leather or cotton or manila rope. , president of MDI. "Not surprisingly, many outpatient procedures are growing at double digit Noun 1. double digit - a two-digit integer; from 10 to 99 integer, whole number - any of the natural numbers (positive or negative) or zero; "an integer is a number that is not a fraction" rates annually, while many inpatient services are flat or declining in volume." Outpatient procedures, which are those that do not require an overnight hospital stay, enable healthcare to be delivered at a lower cost. The OPD provides counts of how many of each of the specific procedures were performed on a regional or nationwide basis in 1994, by site of care and type of reimbursement. Medical product suppliers, healthcare providers and others are able to use the database to therefore compare one area's use of healthcare to another. By examining regional variations in delivery, such as those arising from managed care (demonstrated in HMO HMO health maintenance organization. HMO n. A corporation that is financed by insurance premiums and has member physicians and professional staff who provide curative and preventive medicine within certain financial, claims data), users of the database can forecast and act upon the important implications emerging at a local level. Use of the outpatient database is highly flexible and is, therefore, readily applied to a wide range of different client needs. MDI provides the data to clients in a variety of different report types. For clients with more sophisticated analysis needs, MDI provides options for licensing the database to clients for their own on-site use. The database is also available on MDI Online (tm), MDI's new online service available via IQNet(tm) an executive communication and information service. MDI is a leading provider of decision support information for the healthcare industry with offices in the United States, Europe and Japan. The company's mission is to provide healthcare industry executives with timely strategic and tactical information, as well as critical insight that will lead them to improved business decisions. MDI's decision-making tools are delivered in print, in person and in electronic formats. CONTACT: MDI, Irvine Kristine Wells, 714/251-2780 |
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