ATLANTA, March 6, 2012 /PRNewswire/ -- Billian Inc. has announced a strategic alliance with RealTime Medical Data, a partnership that will enable Billian Inc.'s customers to leverage nearly real-time data on Medicare claims paid within 90 days.
RealTime Medical Data is partnering with Billian Inc. to promote RealHealth Analytics, an online tool giving healthcare administrators a complete picture of their Medicare market, including Inpatient, Outpatient, and Part B services. Providing more than 60 different reports, RealHealth Analytics' users can track physician referrals, view market share, identify physician splitters, and plan for Value-Based Purchasing.
"Billian has a loyal following of healthcare providers," said Gina McWilliams, CEO of RealTime Medical Data, "and RTMD has the data they need. We thought it was a good fit."
RTMD will provide members of Billian's affiliate HITR.com - a healthcare benchmarking and social networking site - with exclusive reports that enable a hospital to compare Case Mix Index, Average Length of Stay, Total Charges, Unadjusted Reimbursement and other metrics with peer facilities. The reports will also be made available to vendors targeting the healthcare industry via the Billian's HealthDATA Portal, an online sales and marketing database that includes information on inpatient, outpatient, ambulatory and long-term care markets.
"RealTime Medical Data enjoys a unique position in the provider market with key performance information based on the most current Medicare claims data available," said Don Graham, General Manager of the Billian Inc. healthcare division. "Every hospital is striving to improve cost reductions and productivity gains. RTMD can help them achieve these objectives quickly. The Billian partnership will enable us to reach out more effectively to hospital prospects."
In addition, RealTime Medical Data will regularly provide new content. This month's feature allows users to compare high-cost services between states.
About RealTime Medical Data
RealTime Medical Data was founded in 2001 in Birmingham, Alabama. Its core mission is to provide comprehensive, non-modeled and timely Medicare claims data that allows hospitals to develop and support strategic business initiatives. RTMD recognizes that healthcare administrators typically make decisions from data that is incomplete, modeled or out-of-date. RTMD has now expanded its user base to include pharmaceutical companies, physician practices and healthcare consulting organizations.
About Billian Inc.
Atlanta-based Billian Inc. is parent company of Billian's HealthDATA, Porter Research and HITR.com. Billian's HealthDATA is the leading provider of comprehensive market intelligence on the healthcare industry, covering facilities across the continuum of care - from Hospitals and Hospital-Affiliated Physicians to Long-Term Care. Billian's dedication to providing high-quality data via products like the Portal, coupled with partner company Porter Research's custom healthcare market research services, provides customers with healthcare business intelligence about multiple markets in scaleable formats. HITR.com – a healthcare IT benchmarking and social networking site for healthcare providers and vendors - is the company's newest affiliate.
CONTACT: Jennifer Dennard, 678-569-4872, [email protected]
SOURCE Billian Inc.