QualityHealthIdeas
Improving Health Care Management in Suffield, Connecticut
Headquartered in Suffield, Connecticut, Quality Health Ideas, Inc., (QHI) offers a host of services in the technology and health-care management spheres. The firm’s CareScreen® product focuses on improving health outcomes while enabling significant budget savings. Quality Health Ideas is focused on enhancing physician practice revenues through improvements in disease coding that assist in identifying severity of health conditions. Chronic diseases can be better managed with closely monitored preventative care resulting in fewer days at nursing homes and hospitals.
QHI’s system is well demonstrated, with the Tufts Health Plan Medicare Advantage HMO having utilized the firm’s CareScreen® platform and a competing platform from 2010 to 2014. The competing platform added only $7 million to the HMO’s revenue base. By contrast, CareScreen was responsible for $44 million in revenue increase generate from a 70-times improvement in risk coding capabilities. In addition, medical expenses were reduced by between 20 to 30 percent from the baseline. QHI is positioned for sustained expansion, with its quality care management products which are scalable to nationwide organizations.