Visiun Releases Test Utilization Management Reporting for Laboratories Nationwide
In an environment of decreasing reimbursements, test utilization represents one of the greatest opportunities for laboratories to improve financial performance.
Ann Arbor, MI, February 18, 2015 --(PR.com)-- Visiun, Inc., the leader in performance analytics for the laboratory, announced today the release of a utilization management reporting system for laboratories nationwide. This new solution will help laboratories identify opportunities to eliminate unnecessary testing. In an environment of decreasing reimbursements, test utilization represents one of the greatest opportunities for laboratories to improve financial performance.
“The move away from fee-for-service toward other models of reimbursement has managers increasingly focused on reducing unnecessary testing,” says Tom Joseph, Visiun’s CEO. “Visiun’s test utilization reporting identifies the key opportunities within a few minutes of deployment. We are identifying opportunities for our clients to reduce unnecessary testing from several hundred thousand to over a million dollars per year for Inpatient testing alone. Since this unnecessary testing is not reimbursed by DRG payments, it represents an immediate improvement to the health system’s bottom line.”
Visiun’s Performance Insight™ provides laboratory directors and managers with business intelligence and analytics to help their management teams monitor key performance indicators. Rich graphical reporting provides immediate insight into key aspects of laboratory performance including turnaround time, productivity, quality, financial management, and utilization. Access to this type of reporting has transformed the way that managers and their teams are able to work together to meet the challenges of today’s environment.
For more information on Visiun’s comprehensive suite of performance analytics tools, please contact Tim Bickley, tim.bickley@visiun.com or 786-351-4805.
About Visiun, Inc.
Visiun, Inc. is the leading provider of performance analytics to the laboratory industry. Headquartered in Ann Arbor, Michigan, Visiun has been providing services to the laboratory industry since 2007, with installations throughout the United States. Performance Insight™ provides laboratory managers with a comprehensive suite of analytics that deliver immediate improvements in performance, efficiency, and quality.
For further information, please visit www.visiun.com.
“The move away from fee-for-service toward other models of reimbursement has managers increasingly focused on reducing unnecessary testing,” says Tom Joseph, Visiun’s CEO. “Visiun’s test utilization reporting identifies the key opportunities within a few minutes of deployment. We are identifying opportunities for our clients to reduce unnecessary testing from several hundred thousand to over a million dollars per year for Inpatient testing alone. Since this unnecessary testing is not reimbursed by DRG payments, it represents an immediate improvement to the health system’s bottom line.”
Visiun’s Performance Insight™ provides laboratory directors and managers with business intelligence and analytics to help their management teams monitor key performance indicators. Rich graphical reporting provides immediate insight into key aspects of laboratory performance including turnaround time, productivity, quality, financial management, and utilization. Access to this type of reporting has transformed the way that managers and their teams are able to work together to meet the challenges of today’s environment.
For more information on Visiun’s comprehensive suite of performance analytics tools, please contact Tim Bickley, tim.bickley@visiun.com or 786-351-4805.
About Visiun, Inc.
Visiun, Inc. is the leading provider of performance analytics to the laboratory industry. Headquartered in Ann Arbor, Michigan, Visiun has been providing services to the laboratory industry since 2007, with installations throughout the United States. Performance Insight™ provides laboratory managers with a comprehensive suite of analytics that deliver immediate improvements in performance, efficiency, and quality.
For further information, please visit www.visiun.com.
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Visiun, Inc.
Kristina Ziaugra
727.420.5152
www.visiun.com
Kristina Ziaugra
727.420.5152
www.visiun.com
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