DATA MANAGEMENT

Better Patient Outcomes Need Better Data, Which Translates Into More Informed Medical Decisions

To better serve the needs of health plans, participating clinical laboratories and physician providers, Halfpenny Technologies offers state-of-the-art technology tools and clinical laboratory data management services that improve the flow and availability of vital patient records.

 

Good medical decisions are based upon good clinical laboratory data. Lab results are attributed as affecting some 70% of medical decisions. Many of the top performing pharmaceutical products are prescribed based upon the results of laboratory testing. The monitoring of chronic diseases such as diabetes is dependent upon the outcome of lab tests. In the current U.S. healthcare environment, nearly 80% of all healthcare expenses are due to a chronic illness. Therefore, the consolidation of medical information is critical to the delivery of effective health services.

 

Serving as a virtual IT department, Halfpenny provides clinical laboratory data gathering and reporting capabilities in support of disease management and HEDIS reporting initiatives. In addition, fair and effective pay-for-performance programs require accurate data from a majority of the health plan membership. Through a secure web portal, Halfpenny provides 24/7 access to vital information that improves the effectiveness and efficient of health care services.