Source: The Hindu Business Line
Digital Harbor, a leader in risk management and healthcare fraud prevention, and a trusted partner of leading healthcare organizations across the United States, launched Know Your Provider – KYP 4.0, in National Association for Medicaid Program Integrity (NAMPI), at Miami, FL, on 7th Aug 2017.
Know Your Provider is a clever and collaborative provider credentialing application that drastically reduces credentialing turn-around times while seamlessly complying with Medicaid regulations. While Digital Harbor is renowned for its history of innovation, Know Your Provider is the latest in its innovation kitty that has already resulted in a cost saving of more $500 Million to its customers.
Speaking at the occasion, Rohit Agarwal, Innovator-in-Chief, Digital Harbor Inc., said, “Medicaid is poised to undergo the most significant budget transformation in its 40-year history. Over the next decade, Medicaid would need to serve an increased number of beneficiaries with fewer providers and even fewer dollars amidst dynamic and increasing regulations. To accomplish this, Medicaid requires game-changing processes and technologies. KYP 4.0, not only saves Provider and Enrollment analyst frustrations, it can prevent draining of billions of $ in improper payments annually. With KYP 4.0, providers can enrol in weeks’ vs months using self-service portals and real-time screening technologies. Beneficiaries can be connected to services across benefits programs with 360-degree views, voice driven provider directories and personal health assistants. States can eliminate ineligible beneficiaries and providers through real-time monitoring and manage their programs through social dashboards.”
Chuck O’Brien, Director of Consulting, Digital Harbor Inc., said “We are launching KYP 4.0 at a time, when the healthcare providers are struggling to enrol themselves with State Medicaid, with waiting times of up to 6 – 10 months and the enrollment analysts are struggling to comply with regulations, with tripling workloads. KYP screens the health care providers against 15000+ data sources and reduces credentialing times literally from months to weeks.”
Delivered by Social Enterprise (S.E.T.) Technology Universal Platform, KYP is the industry’s first smart and modular provider network management system that houses never-before social collaboration and intuitive functionalities.
About Digital Harbor
With over 18 years of expertise in providing compliance and intelligent risk management solutions, agnostic of industry, Digital Harbor has transformed the way enterprise knowledge workers respond to real-time data variations in complex business processes. Digital Harbor pioneered the “Know Your Customer (KYC)” solution for the banking industry in the US which later became a norm across industries and regions and recognized as a leader in risk management solutions for financial institutions. Innovating healthcare operations using its generational Social Enterprise Technology (S.E.T.) Universal Platform, Digital Harbor is now a trusted partner of leading healthcare organizations across the United States. For more information, please visit www.digitalharbor.com
National Association for Medicaid Program Integrity (NAMPI) was launched with an intent to create national Medicaid program integrity through the channelling of funds for required services. Their primary task focuses on instances of fraud and abuse in the Medicaid Medical Assistance Program. NAMPI encompasses all 50 states of the U.S. Members are from various professional disciplines, including but not limited to, attorneys, nurses, contractors, investigators, managed care staff and pharmacists.