Financial data is now readily available to physicians to make the best care decisions through a new joint venture introduced by Texas Hospital Association www.tha.org “THA Smart Ribbon” www.tha.org/smartribbon powered by IllumiCARE.
Through THA Smart Ribbon, physicians are shown real-time cost and risk data at the point-of-care. This ribbon of information hovers over a hospital’s EMR and gives the physician specific information about the patient which can be viewed concurrently in the EMR without EMR integration.
From the main ribbon, physicians can access more detailed information on medications, labs, and radiology as well as a price-lookup feature. If physicians do not interact with the ribbon after several seconds, it minimizes into a micro ribbon so the existing clinical workflow is not disturbed.
THA Smart Ribbon:
- Uses existing data feeds to gather clinical data
- Piggybacks on existing authentication and permission infrastructure
- Shows each physician how they compare to peers regarding medications, labs, and radiology spending per case
- Produces measureable hard dollar reductions in costs
“Efficiently informing physicians about treatment costs and risk of patient harm at the time they are about to order the next test or medication provides a significant opportunity to continue the very best care delivery while also stemming costs and improving patient satisfaction,” said Ted Shaw, THA President/CEO.