New healthcare analytics solution from TechSolve helps hospitals uncover opportunities within physician networks

Theia360 Accesses Largest Dataset in Healthcare for Powerful Analytics in an Easy-to-Use, Visual Platform

TechSolve Healthcare Solutions, a data analytics and process improvement consultancy firm, announced the launch of Theia360™, a cloud-based patient referral management solution that provides actionable analytics to hospital executives, enabling them to evaluate their physician network and target patient referral leakage.

“Our release of Theia360 aligns with TechSolve’s vision for bringing intelligent healthcare solutions to hospitals and healthcare systems across the United States,” said Dave Levine, Senior Vice President of TechSolve Healthcare Solutions. “With this product, we give hospital executives access to visual analytics through dynamic charts, dashboards and reports, enabling them to get a comprehensive view of their healthcare system, identify referral leakage, manage their physician network, identify service line opportunities and drive revenue growth.”

With access to the largest dataset in the industry encompassing nearly 5 billion claims records, Theia360™ draws from all payer datasets, including FFS, HMO, PPO, BCBS, Medicare, Medicaid, Medicare Advantage and Federal Employees, and receives approximately five million new claims records a day. The solution offers hospital leaders comprehensive insight across the full continuum of care, covering pre-acute, acute and post-acute settings. Updated every 33 days rather than the standard 6 months, Theia360 offers the most accurate insight to gauge physician performance, uncover trends and assess the competitive landscape.

With studies indicating that only 35% to 45% of a health system’s patient population remains in their network, many health systems have failed to see a positive return on investment after acquiring physician practices. Theia360 enables hospitals see their network in action, quickly summarize key performance metrics and make data-driven decisions to improve patient flow and meet revenue goals.

To learn more about TechSolve’s Theia360 analytics solution, visit the website at www.Theia360.com.

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About TechSolve Healthcare Solutions
TechSolve Healthcare Solutions is a data analytics and process improvement organization focused on implementing solutions for the healthcare industry. TechSolve combines best-in-class analytical tools with process improvement consulting to accelerate improvement, drive operational excellence, and achieve significant financial and patient-centric results for healthcare organizations throughout the care continuum. TechSolve’s dedicated healthcare team consists of a diverse group of clinical, analytical and process improvement specialists, with hospital experience in operational leadership, nursing, clinical laboratory, healthcare informatics, supply chain, revenue cycle, clinical quality and patient safety. Our team works exclusively in hospitals, health systems, physician offices, ambulatory services, and long-term care organizations.

TechSolve was founded in 1982, as a Cincinnati-based consultancy with the objective of improving the efficiency and effectiveness of manufacturing companies in the newly competitive world market. TechSolve’s experts help organizations identify and implement technology and process changes that yield the best results for today’s challenges and tomorrow’s opportunities. TechSolve has offices in Cincinnati, Dayton, Louisville and Nashville. For more information, visit www.techsolve.org.

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