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Albert Sosa, CEOThe unexpected turn of events made healthcare leaders, IPAs (independent physician association), and other provider risk-bearing organizations (RBOS) realize the importance of better equipping themselves with a framework for creating resilience and agility in the organization’s daily processes.
This is where the need for an integrated MedTech solution provider like MedVision is crucial to design comprehensive administration solutions for payer organizations and delegated risk models within the healthcare industry.
Since its inception in 1994, MedVision has been instrumental in creating multifunctional, innovative, and adaptable software tools for the various operational needs of population health management, care coordination, and managed care services type organizations. Their diverse and extended footprint brings together leading-edge expertise from across the globe, supporting clients worldwide.
“With years of experience in applying administrative technological solutions, our software tools are up-to-date and fully adaptable to the ever-changing needs of the healthcare industry,” says Albert Sosa, CEO, MedVision.
MedVision’s mission is to improve the lives of the population. The patient care and service experience through technologybased solutions are designed to enhance the quality of population health management, care coordination, and value-based delivery strategies of clients within their specific business model. With their web application software QuickCap v7.0 platform, MedVision is streamlining healthcare claims processing workflow, accelerating clinical data procedures, and improving financial outcomes.
QuickCap (QC7) provides the technological innovation that can propel Direct Contracting Entities (DCEs) to better manage complex, chronic cases and populations and the related value-based revenue streams to best meet the objectives in shared or global risk arrangements. The software is designed to handle the different workflows related to healthcare-payer services so that payviders, healthcare-payer service providers can meet multiple operational needs with one solution.
The web portal comes with comprehensive reimbursement abilities, evidence-based guidelines, claims adjudication, embedded HIPAA standard EDI formats, referral/authorization processing, and workflow automation.
What differentiates MedVision in the marketplace is their true understanding of the business process to make value-based healthcare arrangements successful. The flexibility they provide in working with other complementary technologies brings in a full scope of solutions to clients. They partnered with a 35,000 member IPA organization about seven years ago, operating on a legacy platform. The legacy platform had lost the connectivity functionality between their provider network and their core administration. Upon onboarding, MedVision could quickly take a snapshot of their database, do a conversion and data migration in around 24 hours. Satisfied with the accuracy, the client went ahead with it and, within two weeks, had close to 90 percent of all their providers interacting in their network again—back to their core administrative management offices. The particular client engagement exemplifies MedVision’s agility to market and accommodate changes in their structures and provide the tools and the elements that organizations look for.
“We provide exceptional customer service with formalized customer support including a tracking and management mechanism within our organization. We are able to deliver a client support request at a fraction of the time than our market competitors,” says Dan Rukavina, Director of Implementation and Training, MedVision.
With years of experience in applying administrative technological solutions, our software tools are up-to-date and fully adaptable to the ever-changing needs of the healthcare industry,” says Albert Sosa, CEO, MedVision.
What differentiates MedVision in the marketplace is their true understanding of the business process to make value-based healthcare arrangements successful. The flexibility they provide in working with other complementary technologies brings in a full scope of solutions to clients. They partnered with a 35,000 member IPA organization about seven years ago, operating on a legacy platform. The legacy platform had lost the connectivity functionality between their provider network and their core administration. Upon onboarding, MedVision could quickly take a snapshot of their database, do a conversion and data migration in around 24 hours. Satisfied with the accuracy, the client went ahead with it and, within two weeks, had close to 90 percent of all their providers interacting in their network again—back to their core administrative management offices. The particular client engagement exemplifies MedVision’s agility to market and accommodate changes in their structures and provide the tools and the elements that organizations look for.
With their comprehensive set of services and products bringing the full circle of healthcare together, the company is envisioning to rule the space as a one-stop technology advisory partner. “We are going to capitalize on our agility to incorporate the new trends in this space - be it any new type of reimbursement models ranging from fee for service all the way through global capitation, to help businesses operate and run smoother," says Sosa.
MedVision, Inc. Achieves HITRUST Risk-based, 2-year Certification to Mitigate Risk in Third-Party Security & Compliance
Wednesday, October 11, 2023
ARLINGTON HEIGHTS - MedVision, Inc., announced that the NTT Global Data Centers CA1 managed by NTT Global Data Centers Americas located in Sacramento, CA, United States of America and NTT Global Data Centers TX1 managed by NTT Global Data Centers Americas located in Garland, Texas, United States of America; and Meditab Software India Pvt. Ltd. located in Ahmedabad, India, all of which represent the comprehensive backbone to its application core, QuickCap v7, have earned certified status by HITRUST for information security.
The HITRUST Risk-based, 2-year (r2) Certified status signifies that the organization's infrastructures have successfully fulfilled rigorous regulatory compliance and industry-specific requirements, demonstrating effective risk management. This accomplishment positions MedVision, Inc. among a select group of global organizations that have attained this prestigious certification.
The HITRUST Assurance Program employs a comprehensive and adaptable framework of prescriptive and scalable security controls, which encompasses federal and state regulations, standards, and frameworks. This approach enables organizations to tackle security and data protection challenges effectively by incorporating a risk-based perspective.
“Organizations like ours are continually under pressure to address current and emerging threats and to meet complex compliance, information protection, and privacy requirements,” said Albert B. Sosa, CEO at MedVision, Inc. “We are pleased to demonstrate to our customers the highest standards for data protection and information security by achieving the rigorous HITRUST Risk-based, 2-year Certification.”
“The HITRUST Assurance Program is rigorous and reliable because of the comprehensiveness of control requirements, depth of review, and consistency of oversight,” said Bimal Sheth, Executive Vice President, Standards Development & Assurance Operations, HITRUST. “HITRUST Risk-based, 2-year (r2) Certification demonstrates that MedVision is taking the most proactive approach to cybersecurity, data protection, and risk management.”
MedVision and Zakipoint Health Unite to Transform Healthcare Member Engagement
Wednesday, July 24, 2024
MedVision, a leading innovator in healthcare administration solutions, is excited to announce a groundbreaking partnership with Zakipoint Health Inc.
ARLINGTON HEIGHTS, IL, UNITED STATES,-- MedVision, a leading innovator in healthcare administration solutions, is excited to announce a groundbreaking partnership with Zakipoint Health Inc., a pioneering developer of advanced healthcare analytical tools.
This strategic alliance will provide periodic data feeds from MedVision’s QuickCap platform to Zakipoint Health’s cutting-edge zConnect system and app, providing clients with unparalleled tools to enhance member engagement, streamline costs, and significantly improve healthcare outcomes. MedVision clients can now harness Zakipoint Health’s advanced tools to significantly boost member engagement, particularly for high-risk members, while effectively minimizing costs and optimizing long-term expenditures.
Third-party administrators (TPAs) using QuickCap can leverage zConnect with their user-friendly platform, which patients can engage with. The combination of these solutions equips clients with data analytics and automated tools, greatly reducing the steps TPAs need to take to optimize and lower a patient’s healthcare costs. Furthermore, this solution also helps TPAs, self-insured organizations, and other payors meet Medicare and Medicaid CMS price transparency requirements enacted in July 2022.
Designed to revolutionize member interactions, the zConnect app provides a seamless and intuitive interface. It is an all-in-one app that provides easy but secure access to members' healthcare information, from IDs to provider directories, used services, and spending summaries for each plan. Crucial information, such as the Explanation of Benefits (EOB) and Benefit Documents, is accessible by both members and providers in real-time.
The expanded functionality empowers members to make informed decisions and effectively manage their healthcare costs.
AI-Driven, Customizable, and Member-Centric Solutions
The zConnect app stands out with its customizable widgets, allowing each MedVision client to tailor the app according to their specific health plans. This level of customization ensures a more relevant and engaging user experience, aligning with each client’s unique requirements and enhancing overall member satisfaction.
Central to the zConnect app’s capabilities is its AI-driven chatbot, which streamlines member support by reducing customer service call volumes by at least 15%. This feature is complemented by a 1:1 live chat option with Customer Service Representatives and nurse case managers, providing members with immediate, personalized assistance while efficiently managing support costs.
Zakipoint Health’s zConnect app demonstrates remarkable integration efficiency, with clients' implementations completed in under 90 days. The app combines a personalized mobile experience, an administrative portal, and a predictive analytics platform, ensuring a comprehensive and effective solution for enhancing member engagement and controlling healthcare costs.
Increasing Engagement, Reducing Costs
Ramesh Kumar, CEO of Zakipoint Health, said the collaboration with MedVision is a step in the right direction towards helping TPAs reduce healthcare spending.
“We are excited to bring advanced member engagement solutions to your fingertips. Our unified member experience with the cost estimator tool is easy to implement, and our goal is to help TPAs scale their business with our innovative solutions.,” said Kumar in a statement.
Meanwhile, MedVision CEO Albert Sosa says the partnership is part of the company's continuous drive to provide clients with the best tools to meet their goals.
"Our partnership with Zakipoint Health represents a strategic milestone in our mission to empower healthcare organizations with the most advanced engagement and cost management tools available. This collaboration will drive significant value for our clients, enabling them to achieve greater efficiency and deliver improved healthcare outcomes,” he added.
MedVision’s partnership with Zakipoint Health reiterates the company’s drive to enhance healthcare with innovative solutions and data-driven actions.
About MedVision, Inc.
MedVision, Inc., a leader in healthcare technology for three decades, has a proven track record in enhancing interoperation efficiency. Earning the trust of numerous healthcare practices, we empower them to improve population health management, streamline care coordination, and optimize value-based care delivery strategies.
Company
MedVision
Management
Albert Sosa, CEO and Dan Rukavina, Director of Implementation and Training, MedVision.
Description
MedVision, Inc. was founded in 1994 with a big goal in mind: providing payers and other delegated risk-based organizations (RBOs) an innovative path towards streamlined end-to-end workflows.
