EmdeonHCIC Project Example: Ambulatory Care

Company Product Evaluation

Emdeon Corporation – Nashville, Tennessee 

Situation:

Emdeon Corporation (NASDAQ: HLTH) is a leading provider of business, technology and information solutions that transform both the financial and clinical aspects of healthcare delivery. Emdeon had recently acquired another company. HCIC was contracted to evaluate the other company’s product line, technology and integration potential.

Solution:

  • Reviewed their product line including scheduling, registration, Electronic Medical Records (EMR), billing, claims follow up and cash posting for both the institutional and professional markets
  • Assessed their competing products in term of capabilities and technology and recommended which was the best product to compete with in the market based on its market penetration, functional and technical capabilities, and integration with their other products
  • Reviewed automation features such as the ability to handle incoming and outgoing HIPAA transactions and other features which maximize applications degree of automation
  • Determined whether the system is truly an integrated system or whether it requires development of substantial interfaces to pass information between various modules
  • Identified weakness in their current offerings and recommended additional products or services that were required to effectively compete in the institutional and professional markets
  • Performed a market and competitor assessments.