Medversant`s Cutting Edge AutoVerifi Technology Leads Safety Initiatives across
the Country
LOS ANGELES--(Business Wire)--
The ability to access accurate and timely background information about health
care providers is essential to ensuring the safety of patients, visitors, and
other employees in private or public health care settings, asserts Medversant
Technologies, LLC (www.medversant.com). Medversant`s patented AutoVerifi
technology (U.S. Patent 7,529,682) not only continuously checks licenses,
records from the Office of Inspector General (OIG) and Drug Enforcement
Administration (DEA), and other sources, but can also search off-record items
such as articles, blogs, Web postings, social networking sites, and other
electronic information continuously.
According to Matthew Haddad, president and CEO of Medversant, "The devastating
events that occurred at Fort Hood should be triggering alarms at workplaces
nationwide. Continuous monitoring is more than an option or regulatory
requirement, it is a necessity in protecting lives."
Haddad explains that Medversant`s patented technology continuously monitors
Web-based background information for hospitals, health plans, state Medicaid
programs, and other health care environments. This technology is available
through both its Encompass platform and HRSource human resources application.
"Our technology can pull up any information that is exposed on the Internet,"
Haddad adds. "We can uncover issues with credentials that could be red flags to
management."
Medversant 2009 National Provider Adverse Findings Study, available at
www.medversant.com, determined that of 29,845 healthcare practitioners with
professed current medical licensure, 1.9 percent were practicing without a
license and 18.7 percent were flagged with one or more "adverse findings" -
including malpractice, expired license, and credentials falsification.
The study surveyed a database that included physicians, dentists, podiatrists,
chiropractors, physician assistants, nurse practitioners, and other ancillary
personnel from 30 health care organizations with a state license number under
which the practitioner professed to practice at the time of credentials
verification. The study measured the number of practitioners:
* with one or more adverse findings
* practicing without a license
* with an adverse finding not reported by the Excluded Parties List System
(EPLS) or the National Practitioner Data Bank (NPDB)
"The tragic lessons learned at Fort Hood should prompt decision-makers to take
action," advises Haddad. "Inadequate credentialing of providers is a serious
vulnerability that must be addressed."
Medversant is an independent health care technology company that is endorsed by
numerous health care trade associations throughout the United States. The
company was contracted by the State of Michigan to centralize credentialing
processes pursuant to a Medicaid Transformation Grant.
About Medversant
Medversant Technologies, LLC is the nation`s leading provider of continuously
monitored Web-based credentials verification solutions through patented
AutoVerifi technology (U.S. Patent 7,529,682) for hospitals, health insurance
plans, nursing homes, outpatient centers and other healthcare settings.
Medversant provides a software tool that is highly efficient, cost-effective and
an accurate solution for provider database management. Headquartered in Los
Angeles, Calif., Medversant can be reached at (213) 291-6139 or
www.medversant.com.
CPR Strategic Communications
Frani DePalo, 201-641-1911 x54
fdepalo@cpronline.com
Copyright Business Wire 2009
