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| [November 26, 2012] |
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New Truven Health Solution Provides Visibility into Physician Referral Patterns
ANN ARBOR, Mich. --(Business Wire)--
Truven
Health Analytics?, formerly the Healthcare business of Thomson (News - Alert)
Reuters, announced the launch of its Physician Referral Management
solution designed to help hospital executives maximize resource
utilization and reduce the number of referrals that send patients
outside of their health networks. Truven Health has partnered with
Enclarity® for the data that powers this solution.
Leveraging a nationwide database of more than six million healthcare
provider profiles, the Physician Referral Management solution tracks
referral trends across 75 percent of all physicians operating in 48
states. The solution gives hospital executives the analytic insights
they need to understand primary care referral patterns across inpatient
and outpatient services, identify high-volume referral and utilization
by specialty and key service area, and spotlight areas where they are
losing patients to out-of-network referrals.
"We are pleased to partner with Truven Health to provide the Physician
Referral Management solution to hospitals and health systems," said
Warren Gouk, CFO and Head of Business Development at Enclarity. "By
combining the analytics expertise of Truven Health with the deep data
assets of Enclarity, we can help hospital executives understand the
physician activity in their market as never before."
Slightly more than nine percent of physician visits result in a
referral, according to a June 2012 study published in the journal Archives,
in which researchers analyzed nearly 850,000 patient visits in a
nationally representative data set. This is nearly double the referral
rate of 10 years ago. The trend toward increased referrals, combined
with the more prominet role hospitals and health systems are playing in
primary care, has driven the need for a solution to accurately measure
referral traffic.
"In today's fee-for-service environment and as payment reform
accelerates, it is critical for hospitals and health networks to
understand referral patterns so they can identify revenue opportunities
and stem potential losses," said C. Douglas Shaw, senior vice president
for Truven Health Analytics hospital business. "As the rate of physician
referrals nationwide continues to rise, it will become increasingly
crucial for hospital executives to manage that process throughout their
networks. We are offering a superior solution that leverages
comprehensive data sets, management expertise and qualitative
information to help hospital administrators answer questions about
referrals in their market that have previously gone unanswered."
In addition to tracking referral activity within their own networks, the
Truven Health Physician Referral Management solution enables competitive
intelligence on referral patterns among health systems in a particular
market. Delivered by an expert team of Truven Health consultants with
deep experience in healthcare analytics and hospital and physician
management, the Physician Referral Management solution also helps
hospital executives identify specific service-line growth opportunities
and target potential partners and acquisition targets.
For more information on the Truven Health Physician Referral Management
solution, please click
here.
About Truven Health Analytics?
Truven Health Analytics, formerly the Healthcare business of Thomson
Reuters (News - Alert), delivers unbiased information, analytic tools, benchmarks, and
services to the healthcare industry. Hospitals, government agencies,
employers, health plans, clinicians, pharmaceutical, and medical device
companies have relied on us for more than 30 years. We combine our deep
clinical, financial, and healthcare management expertise with innovative
technology platforms and information assets to make healthcare better by
collaborating with our customers to uncover and realize opportunities
for improving quality, efficiency, and outcomes. With more than 2,000
employees globally, we have major offices in Ann Arbor, Mich.; Chicago;
and Denver. Advantage Suite, Micromedex, ActionOI, MarketScan, and 100
Top Hospitals are registered trademarks or trademarks of Truven Health
Analytics. For more information, please visit www.truvenhealth.com.
About Enclarity, Inc.
Enclarity solves healthcare's provider information problem by compiling
the largest, most accurate and current medical provider database. Nine
of the 15 largest health insurance plans, four of the 10 largest
preferred provider organizations, five of the top 15 pharmaceutical
companies and the two largest medical device manufacturers count on
Enclarity. Its solutions improve claims processing, provider
directories, regulatory compliance and marketing optimization. For more
information, visit www.enclarity.com.

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