Performance Insight from Visiun, Ann Arbor, Mich, is a utilization management reporting system that helps laboratories identify opportunities to eliminate unnecessary testing.
The platform 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. In an environment of decreasing reimbursement, 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 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.”
For more information, visit Visiun.
