Solucient and Click4Care Sign Strategic Agreement to Help Health Plans Reduce Costs; Solucient's Length of Stay Data Included in Click4Care's New Medical Management Solution.Business Editors/Health/Medical Writers EVANSTON, Ill.--(BUSINESS WIRE)--June 4, 2004 Solucient(R) today announced it has entered into a strategic agreement with Dublin, Ohio-based Click4Care to help health plans lower medical costs while improving the quality of care provided to patients through robust information about inpatient inpatient /in·pa·tient/ (in´pa-shent) a patient who comes to a hospital or other health care facility for diagnosis or treatment that requires an overnight stay. in·pa·tient n. Length of Stay (LOS) trends. Under terms of the agreement, Solucient will provide Click4Care the full range of its LOS data, representing 20 million discharges from U.S. hospitals -- more than one in every three patients. Health plans are currently using LOS data to benchmark quality of care variations in their patient base to improve medical loss ratios and more efficiently deliver superior health care to their members. Click4Care will seamlessly integrate Solucient's LOS data in its ThinkHealth medical management software solution for health plans. Solucient provides comprehensive health care information to drive business growth, manage costs, and help deliver quality care for providers, payers, employers, and pharmaceutical companies. Click4Care provides medical management software and solutions for health plans. "Solucient is excited to be partnering with Click4Care to provide key data for their health plan tool," said Joe Bisson, senior vice president of Solucient's Payer unit. "Our LOS information is compiled from the most comprehensive all-payer database in the industry, helping Click4Care to provide reliable inpatient care inpatient care Managed care Services delivered to a Pt who needs physician care for > 24 hrs in a hospital benchmarks to their customers." "Click4Care has partnered with Solucient because of its solid, analytical approach to data collection," said David Blauer, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Click4Care. "This ensures the LOS benchmarks we provide health plans are based on an industry-recognized, broad analysis, and not on inadequate methodologies that simply provide 'optimal' LOS targets." Solucient's LOS data files help utilization management Utilization management is the evaluation of the appropriateness, medical need and efficiency of health care services procedures and facilities according to established criteria or guidelines and under the provisions of an applicable health benefits plan. professionals in hospitals and health plans understand and compare how patients spend time in various inpatient hospital settings to aid in pre-admission authorizations, discharge planning, benefit plan evaluations, and determine reimbursement Reimbursement Payment made to someone for out-of-pocket expenses has incurred. . Click4Care's ThinkHealth helps healthcare payers reduce medical and administrative costs administrative costs, n.pl the overhead expenses incurred in the operation of a dental benefits program, excluding costs of dental services provided. and improve quality of care by identifying patients who will drive significant clinical costs and providing patients and their care teams with disease management solutions and decision support. About Solucient Solucient is the leading source of health care business intelligence. The company provides comprehensive, results-oriented information to drive business growth, manage costs, and help deliver quality care. Solucient's expertise and proven solutions enable providers, payers, employers, and pharmaceutical companies to achieve results and realize value. For more information, visit http://www.solucient.com. About Click4Care Click4Care builds extraordinary software for healthcare. Click4Care's mission is bigger than selling just one more software license. Our leadership team has given much of themselves to chronically ill friends and family. We know first-hand that healthcare isn't keeping us healthy, that it's better at helping us recover from things that shouldn't have happened. Such personal experiences combined with our unwavering commitment to our guiding principles provided the impetus for founding Click4Care and provide the basis for all of our work and software: We only build software that is significant enough to (i) enable Click4Care customers to become first in their markets, (ii) drive large-scale changes in the processes and business models by which healthcare supply chains around the world deliver care, and (iii) profoundly improve the health and happiness of suffering people who need better healthcare; Remarkable innovation and technical superiority are characteristics that differentiate our software; and We aspire to aspire to verb aim for, desire, pursue, hope for, long for, crave, seek out, wish for, dream about, yearn for, hunger for, hanker after, be eager for, set your heart on, set your sights on, be ambitious for create software masterpieces Masterpieces was released in Japan and Australia in anticipation for Bob Dylan's 1978 tour. It is more or less a greatest hits collection spanning his entire career up that point. that qualify as art. Click4Care software represents a confluence confluence /con·flu·ence/ (kon´floo-ins) 1. a running together; a meeting of streams.con´fluent 2. in embryology, the flowing of cells, a component process of gastrulation. of discipline, science, perfectionism per·fec·tion·ism n. A tendency to set rigid high standards of personal performance. per·fec  tion·ist adj. & n. , over-the-top effectiveness, and awesome inventiveness InventivenessArchimedes (287–212 B. C.) invented military engine which saved Syracuse. [Gk. Hist.: Hall, 31] Bell, Alexander Graham (1847–1922) inventor of telephone (1876). [Am. Hist. . Private investors founded and capitalized Click4Care, Inc. in April 1999. Current customers include Wellmark, The Regence Group and Tufts Health Plan, among others. |
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