Monday, November 06, 2006

COMBATing rising healthcare costs

COMBATing rising healthcare costs: "C.O.M.B.A.T. Mission:
To combat the rising costs of healthcare using medical banking principles and technology.

To implement a royalty-free, real-time administrative and clinical transactions testing architecture:

1. The technology will illustrate real time administrative transaction processing in healthcare.
2. The plan will fully embrace HIPAA and other policy requirements for the authorized exchange of medical records among banks, healthcare providers and consumers.
3. The testing platform will be tested in 3 or more Proof-of-Concepts.
4. After the testing phase, MBProject will host the platform for research and trading partner certification."

It's a shame that the medical records will be used only for facilitation payments in this model. It would be so easy to use them for improving medical care at the same time !

1 comment:

  1. Anonymous9:05 PM

    Regarding the C.O.M.B.A.T. Initiative mentioned above, the intent is in fact to support the implementation and distribution of electronic and personal healthcare records to improve medical care. The banking industry is looking beyond its traditional role as a payments processor to introduce cost-effective ways to "build community" using their IT investments. One part of this is tying the card, online billing portal and financial networks together to support real time clinical messaging, on demand. Banks will cooperate with existing efforts (RHIOs, HRBs, other) to do this. So, your wish is granted...but we have a lot more to do. -- John Casillas, Founder, Medical Banking Project.


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