Forecasts, and Strategies for Computer Assisted Coding of Medical Information Market...

Forecasts, and Strategies for Computer Assisted Coding of Medical Information Market Shares with Forecasts for 2008-2014

DUBLIN, Ireland--(Business Wire)--
Research and Markets
(http://www.researchandmarkets.com/research/9d854a/computer_assisted)
has announced the addition of WinterGreen Research, Inc.'s new report
"Computer Assisted Coding (CAC) Of Medical Information Market Shares,
Forecasts, and Strategies, 2008-2014" to their offering.

This research offers a study on computer assisted coding of
medical information analysis: competitive market opportunities,
strategies, market shares, and market forecasts, 2008 to 2014.

Systems are implemented with natural language pattern recognition
in order to assign appropriate billing codes based on the language and
the context in which those patterns of language occur. Properly
designed natural language processing (NLP) solutions do not require
physicians to change the way they work. They can dictate in a
free-flowing fashion, consistent with the way they think, and are not
limited to structured inputs that may or may not fully capture the
unique circumstances of each patient encounter.

Matching codes generated from physician notes to standard
treatment protocols promises to improve health care delivery.
Accompanying that type of physician patient management against best
practice promises to revolutionize health care delivery. The ability
to further check as to whether the recommendations for follow up made
by radiologists and matching the commendations with the actual follow
up heralds significant promise of vastly improved health care
delivery.

Computer assisted coding applications depend on the development of
production quality natural language processing (NLP)-based computer
assisted coding applications. This requires a process-driven approach
to software development and quality assurance.

A well-defined software engineering process consists of
requirements analysis, preliminary design, detailed design,
implementation, unit testing, system testing and deployment. NLP
complex technology defines the key features of a computer assisted
coding (CAC) application.

Automation of process will revolutionize health care delivery. In
addition to automating the insurance, billing, and transaction
systems, streamlined care delivery is an added benefit. The ability to
look at workflow and compare actual care to best practice is
fundamental to automated business process.

The ability to link diagnostic patient information to treatment
regimes and drug prescriptions is central to improving medical care
delivery. Once a physician can see what conditions need to be
followed, and see that appropriate care has been prescribed 100% of
the time, care delivery improves dramatically. Diagnosis of conditions
using radiology frequently results in detection of events that need
followup.

Emergency department visits rose 20 percent in 2008, while the
number of available emergency centers fell by 15 percent. A study from
the American Hospital Association indicated that 62 percent of
hospitals feel they are at or over operating capacity. That number
jumps to 90 percent when considering Level 1 Trauma Centers and larger
(300+ beds) hospitals. According to a report from the General
Accounting Office, two-thirds of EDs diverted ambulances.

Worldwide, the computer assisted coding markets are anticipated to
grow from $50.9 million in 2007 to $2.7 billion in 2014. The markets
are primarily U.S. markets because of the primary role that insurance
plays in the health care delivery system. Worldwide markets start to
grow as more hospitals and physician offices seek to get control of
systems costs and introduce automated process systems.

Key Topics Covered:

COMPUTER ASSISTED CODING OF MEDICAL INFORMATION EXECUTIVE SUMMARY

-- Medical Best Practice Linking

-- Best Practice Using NLP Computer Assisted Coding

-- Hybrid Technology ES-4

-- Computer Assisted Coding Engine

-- Computer Assisted Coding of Medical Information Market

-- Driving Forces

-- Natural Language Computer Assisted Coding Medical

-- Information Solutions

-- Natural Language Coding Solutions

-- Natural Language Computer Assisted Coding Market Shares

-- Worldwide, Computer Assisted Coding Market Forecasts

-- Natural Language Computer Assisted Coding Of Medical

-- Procedures Forecasts

-- Number Of Procedures

-- Focus On Reducing Overpayments

COMPUTER ASSISTED CODING OF MEDICAL INFORMATION MARKET DESCRIPTION
AND MARKET DYNAMICS

-- Coding Challenge

-- Computer-assisted Coding Technology

-- Computer-assisted Coding

-- Development of a CAC Tool For Hospital Inpatient Use

-- Healthcare Industry Largest Industry In The United States

-- Medical Necessity and Medical Necessity Errors

-- Electronic Coding Technologies

-- Natural Language Solutions

-- Computerized Workflow System

NATURAL LANGUAGE COMPUTER ASSISTED MEDICAL CODING MARKET SHARES
AND MARKET FORECASTS

-- Computer Assisted Coding of Medical Information Market Driving
Forces

-- Natural Language Computer Assisted Coding Market Shares

-- Natural Language Computer Assisted Coding of Medical Procedures
Forecasts

-- Worldwide, Number of Patients and Procedures

-- Number of U.S. Community Hospitals

-- Claims Scrubbers

-- DRG/APC Groupers

-- Medical Necessity/Correct Coding Tools

-- Physician Electronic Medical Record (EMR) Systems

-- Computer Assisted Coding Regional Analysis

COMPUTER ASSISTED CODING OF MEDICAL INFORMATION PRODUCTS

-- A Life Medical

-- CodeRyte

-- LingoLogix GoCode

-- Platocode(R) Solution

-- Language and Computing: Ontology Assisted Solutions

-- Artificial Medical Intelligence

-- 3M

-- Claims Scrubbers

-- Craneware

-- Athenahealth Medical Group Office Automation Subscription
Services

-- DRG/APC Groupers

-- 3M

-- GE Centricity Physician Office PM

-- EpicCare MobileMeds

-- Cerner Physician Large Group / Enterprise

-- Siemens Unity(R) Financials Registration And Billing
Applications

-- QuadraMed Physician Solutions

-- Medical Necessity/Correct Coding Tools

-- High-Performance Search & Match Software

COMPUTER ASSISTED CODING OF MEDICAL INFORMATION TECHNOLOGY

-- Hybrid Technology

-- Preventable Medical Conditions

-- Natural Language Processing (NLP) Medical Coding

-- Reports Must Be In Some Kind Of Electronic Format

-- TeSSI(R) (Terminology Supported Semantic Indexing)

-- Technology Requirements

COMPUTER ASSISTED CODING OF MEDICAL INFORMATION COMPANY PROFILES

-- 3M Health Information Systems

-- Accuro / CodeCorrect

-- CodeCorrect

-- A-Life Medical

-- AHIMA Computer-Assisted Coding Software Standards Workshop

-- American Academy of Professional Coders (AAPC)

-- Artificial Medical Intelligence AMI

-- athenahealth

-- Cerner

-- CodeRyte

-- Craneware

-- Dolbey

-- Language and Computing

-- LingoLogix

-- MDS Medical

-- Meditech

-- Plato

-- QuadraMed

-- Radiology Business Management Professionals (RBMA)

-- RMI Physician Services Corporation

-- WCC

Companies Mentioned:

-- A-Life Medical

-- CodeRyte

-- Artifical Medical Intelligence AMI

-- 3M Health Information Systems

-- Accuro / CodeCorrect

-- CraneWare

-- Language & Computing

-- MDS Medical

-- PLATO

-- QuadraMed

-- WCC

-- Meditech

-- LingoLogix

-- Cerner

-- Radiology Business Management Professionals (RBMP)

-- AHIMA Computer-Assisted Coding Software Standards Workshop

For more information visit
http://www.researchandmarkets.com/research/9d854a/computer_assisted.

Research and Markets
Laura Wood, Senior Manager
Fax from USA: 646-607-1907
Fax from rest of the world: +353-1-481-1716
press@researchandmarkets.com

Copyright Business Wire 2008