If it can be imagined, we have done it, can do it or will do it!
Precision owns the technology used to grade and rank providers and organizations for payers, hospital systems and ACOs. We know exactly what is expected of each practice and can identify specific medical necessities for each individual patient. Furthermore, every time there is a new encounter, new medical necessities and care plans are automatically generated. Medical necessities for assessments, diagnostics, ancillaries, department, as well as provider referrals are all indicated via our AI. We utilize our own institutional grading and ranking platform to benefit healthcare providers, rather than as the “Stick” it was intended to be. We also have turnkey PVBM management and patient engagement programs.
We perform a “Risk Stratification” that identifies the sickest to the healthiest patient within that entity. Then we overlay “Social Determinants of Health” over this medical information to give each patient a total health score called a “Precision Value”. In the post Covid world, a patient with a Precision Value of 80, may be a 68 once the potential impact of their social health is considered. Our medical necessities combined with these risk profiles can give you the true cost of treating any specific patient population.
In blockchain technology each group of transactions that is made on a blockchain is referred to as a block, with each block then being combined chronologically to form a chain, hence the term blockchain. Every piece of the chain is tracked chronologically, protected and can be audited. In healthcare this allows all data points to be recorded and protected as individual blocks of total information. This is what comes after HIPPA and we own our own blockchain technology. We also have our own associated HLX (Health Life Exchange) cryptocurrency.