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Netrics' N-Mend Automates Reconciliation of Duplicate Medical Records.


PRINCETON, N.J. -- Software Eliminates Paper-Based System, Reduces Costs, Improves Accuracy and Streamlines Correction Process

Netrics, specializing in intelligently matching and retrieving database records, introduced N-Mend(TM), the industry's first and only ASP solution that automates the labor intensive process of correcting errors in Electronic Health Records. The software can completely eliminate paper and vastly improves the efficiency of workers chartered with reconciling duplicates within a medical records database. N-Mend is accessed via a Web browser, using a secure, encrypted, password-protected Web connection.

In the data analysis phase of an MPI cleanup, Netrics' patented Intelligent Record Matching(TM) technology leverages machine learning algorithms to identify duplicate patient records. After the data analysis is completed, N-Mend transforms the process of validating and reconciling these duplicate records. It streamlines and improves the efficiency of the MPI cleanup, reduces costs, improves accuracy and accelerates the reconciliation procedure.

"N-Mend reduces the cost of resolving medical records errors by approximately 10 - 20%," stated Beth Just, CEO and president, Just Associates, a Health Information Management consulting firm. "It allows us to work remotely, which gives us the option to employ trained specialists regardless of where they are located. It is also a real advantage in servicing hospitals, where office space is tight. In addition, by automating certain tasks, N-Mend reduces the amount of time and labor that's required for these types of projects. This gives us a tremendous competitive advantage, as we can offer higher quality services at a lower price."

"N-Mend greatly simplifies the medical records cleanup process," confirmed Stefanos Damianakis, president and CEO, Netrics. "The return on investment is significant, as efficiency gains allow healthcare organizations to save hundreds or even thousands of hours in manual cleanup work."

About Netrics

Netrics specializes in Intelligent Record Matching(TM) technology that solves the inevitable problems caused by the pervasive nature of data. Netrics' products and services enable companies to manage rapidly growing data repositories, increase efficiency, reduce costs and deliver more value from enterprise data. Netrics' software, based upon patented machine learning machine learning - The ability of a machine to improve its performance based on previous results.

Neural networks are one kind of machine learning.
 algorithms, leapfrogs earlier matching solutions and delivers unparalleled accuracy and reliability in handling data that contains a wide range of errors, particularly for applications that involve searching databases, matching records and eliminating duplicate records.

The company is headquartered in Princeton, NJ. For additional information about Netrics and its products and services, visit www.netrics.com or email info@netrics.com.
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Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Oct 4, 2004
Words:396
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