BLUE BELL, Pa.–(BUSINESS WIRE)–Halfpenny Technologies announces inclusion in the Gartner Hype Cycle for U.S. Healthcare Payers 2016. Gartner has listed Halfpenny Technologies a Representative Vendor for Clinical Data Integration.
“We are continually enhancing the capabilities of our Clinical Data Exchange Platform to meet the ever changing needs for health plans, pharmacies, hospitals, and commercial laboratories. Our clinical data exchange platform provides a robust, highly scalable intelligent engine for our clients to securely exchange real-time clinical data nationwide.”
“We are honored to be mentioned by Gartner for Clinical Data Integration in their Hype Cycle for U.S. Healthcare Payers 2016, for a second straight year by Gartner,” said Tim Kowalski, President and CEO of Halfpenny Technologies. “We are continually enhancing the capabilities of our Clinical Data Exchange Platform to meet the ever changing needs for health plans, pharmacies, hospitals, and commercial laboratories. Our clinical data exchange platform provides a robust, highly scalable intelligent engine for our clients to securely exchange real-time clinical data nationwide.”
Excerpt from Hype Cycle for U.S. Healthcare Payers, 2016, Jeff Cribbs, July 2016.
“As adoption of EHR systems has increased in the U.S., healthcare payers have shown interest in receiving some portion of that clinical data in such cases where it would be legal and valuable to the payer, provider, member or all three. There are a number of use cases for such data exchange. The two most urgent use cases from a payer perspective are:
Risk Score Accuracy — Increasing documentation of medical risk such that it is accounted for in the risk adjustment mechanisms of certain lines of business (such as the Hierarchical Condition Categories (HCCs) submission in Medicare Advantage and public exchanges)
Quality Measurement — Improving the Healthcare Effectiveness Data and Information Set (HEDIS) and Medicare stars measures by supplementing administrative data with data from the EHR
These use cases have a direct impact on revenue in the fastest-growing lines of business in the industry. The urgency of finding reliable solutions has escalated, garnering the attention of CEOs, government policymakers, and health information technology (HIT) vendors who serve both the payer and provider markets. Advancement in the use of interoperability standards and a series of products and partnerships among payer and provider technology vendors point to more plausible technical solutions.’” notes Gartner, Inc. in Hype Cycle for U.S. Healthcare Payers, 2016, Jeff Cribbs, July 2016.