Computer Assisted Coding Of Medical Information Market Shares Strategies, and Forecasts 2008 to 2014
| $3300 - Single Copy or $4300 - Web Posting | Report # SH29821671 | 327 Pages | 110 Tables and Figures | 2008 |
Computer Assisted Coding Of Medical Information
Check Out These Key Topics
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- NATURAL LANGUAGE CODING
- NLC
- COMPUTER ASSISTED CODING
- CAC
- Rules Based Coding Technology
- Medical Coding
- Medical Necessity
- Electronic Medical Record
- Electronic Medical Coding
- NATURAL LANGUAGE SOLUTIONS
- COMPUTERIZED MEDICAL WORKFLOW
- CLAIMS SCRUBBERS
- TESSI® (TERMINOLOGY SUPPORTED SEMANTIC INDEXING)
- ELECTRONIC CODING FOR PHYSICIANS
- MEDICAL NECESSITY
- CORRECT CODING TOOLS
- PHYSICIAN ELECTRONIC MEDICAL RECORD (EMR) SYSTEMS
- LANGUAGE AND COMPUTING
- ONTOLOGY ASSISTED SOLUTIONS
- DIAGNOSIS CODES
- PROCEDURE CODES
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Computer Assisted Coding Of Medical Information Market Shares Strategies, and Forecasts 2008 to 2014
Systems are implemented with natural language pattern recognition in order to
assign appropriate billing codes based on the language and the context in which
those patterns of language occur. Properly designed natural language processing
(NLP) solutions do not require physicians to change the way they work. They can
dictate in a free-flowing fashion, consistent with the way they think, and are not
limited to structured inputs that may or may not fully capture the unique
circumstances of each patient encounter.
Matching codes generated from physician notes to standard treatment protocols
promises to improve health care delivery. Accompanying that type of physician
patient management against best practice promises to revolutionize health care
delivery. The ability ot further check as to whether the recommendations for follow
up made by radiologists and matching the commendations with the actual follow up
heralds’ significant promise of vastly improved health care delivery.
Computer assisted coding applications depend on the development of production
quality natural language processing (NLP)-based computer assisted coding
applications. This requires a process-driven approach to software development and
quality assurance.
A well-defined software engineering process consists of requirements analysis,
preliminary design, detailed design, implementation, unit testing, system testing and
deployment. NLP complex technology defines the key features of a computer
assisted coding (CAC) application.
Automation of process will revolutionize health care delivery. In addition to
automating the insurance, billing, and transaction systems, streamlined care
delivery is an added benefit. The ability to look at workflow and compare actual
care to best practice is fundamental to automated business process.
The ability to link diagnostic patient information to treatment regimes and drug
prescriptions is central to improving medical care delivery. Once a physician can
see what conditions need to be followed, and see that appropriate care has been
prescribed 100% of the time, care delivery improves dramatically. Diagnosis of
conditions using radiology frequently results in detection of events that need followup.
Emergency department visits rose 20 percent in 2008, while the number of available
emergency centers fell by 15 percent. A study from the American Hospital
Association indicated that 62 percent of hospitals feel they are at or over operating
capacity. That number jumps to 90 percent when considering Level 1 Trauma
Centers and larger (300+ beds) hospitals. According to a report from the General
Accounting Office, two-thirds of EDs diverted ambulances.
Worldwide, the computer assisted coding markets are anticipated to grow from
$50.9 million in 2007 to $2.7 billion in 2014. The markets are primarily U.S.
markets because of the primary role that insurance plays in the health care delivery
system. Worldwide markets start to grow as more hospitals and physician offices
seek to get control of systems costs and introduce automated process systems.
Companies Profiled
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A-Life Medical
CodeRyte
3M Health Information Systems
CraneWare
MDS Medical
QuadraMed
Meditech
LingoLogix
Cerner
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Artifical Medical Intelligence AMI
Accuro / CodeCorrect
Language and Computing
PLATO
WCC
Professionals (RBMP)
AHIMA Computer-Assisted Coding Software
Standards Workshop
Radiology Business Management
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Report Methodology
This is the 359th report in a
series of market research reports that provide forecasts in communications,
telecommunications, the internet, computer, software, and telephone equipment.
The project leaders take direct responsibility for writing and preparing each
report. They have significant experience preparing industry studies. Forecasts
are based on primary research and proprietary data bases. Forecasts reflect
analysis of the market trends in the segment and related segments. Unit and
dollar shipments are analyzed through consideration of dollar volume of each
market participation in the segment. Market share analysis includes
conversations with key customers of products, industry segment leaders,
marketing directors, distributors, leading market participants, and companies
seeking to develop measurable market share. Over 200 in-depth interviews are
conducted for each report with a broad range of key participants and opinion
leaders in the market segment.
About the Company
WinterGreen Research, founded in
1985, provides strategic market assessments in telecommunications,
communications equipment, health care, and advanced computer technology.
Industry reports focus on opportunities that will expand existing markets or
develop major new markets. The reports assess new product and service
positioning strategies, new and evolving technologies, and technological impact
on products, services, and markets. Market shares are provided. Leading market
participants are profiled, and their marketing strategies, acquisitions, and
strategic alliances are discussed. The principals of WinterGreen Research have
been involved in analysis and forecasting of international business
opportunities in telecommunications and advanced computer technology markets for
over 30 years.
About the Principal Authors
Ellen T. Curtiss, Technical Director,
co-founder of WinterGreen Research, conducts strategic and market assessments in
technology-based industries. Previously she was a member of the staff of Arthur
D. Little, Inc., for 23 years, most recently as Vice President of Arthur D.
Little Decision Resources, specializing in strategic planning and market
development services. She is a graduate of Boston University and the Program for
Management Development at Harvard Graduate School of Business Administration.
She is the author of recent studies on worldwide telecommunications markets and
the Top Ten Telecommunications market analysis and forecasts.
Susan
Eustis, President, co-founder of WinterGreen Research, has done research in
communications and computer markets and applications. She holds several patents
in microcomputing and parallel processing. She is the author of recent studies
of the Service Oriented Architecture (SOA) marketing strategies, Internet
software, a study of Push to Talk Equipment, Worldwide Telecommunications
Equipment, Top Ten Telecommunications, Digital Loop Carrier, Web Hosting,
Business Process Management, Servers, Blades, the Mainframe as a Green
Machine, and Application Server markets. Ms. Eustis is a graduate of
Barnard College.
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