MENLO PARK, Calif., April 26, 2012 /PRNewswire/ -- Health Fidelity, Inc., today announced the launch of REVEAL™, the first commercial-grade, cloud-based natural language processing (NLP) service for healthcare IT application companies and healthcare organizations (HCOs). REVEAL™ creates value for HIT application companies seeking to improve patient outcomes and leverage workflow efficiencies by extracting and codifying the unstructured clinical data that HCOs capture but do not fully use.
"HIT application companies can now leapfrog past competitors as they utilize the unstructured clinical data transformed by Health Fidelity REVEAL," said Dan Riskin, M.D., CEO of Health Fidelity. "Customers of these HIT application companies — hospitals, health systems and IDNs — will be able to act upon the fully codified record of a patient's health, while benefiting from streamlined workflow."
Using that newly codified information accelerates the time-to-value of several core healthcare challenges: electronic health record (EHR) adoption and use, quality measurement and reporting, care coordination, efficiency and health information exchange (HIE), Riskin said.
Health Fidelity developed REVEAL based upon the understanding that to improve patient outcomes and leverage workflow efficiencies, HCOs must unlock the value of clinical information locked in unstructured form. An estimated 80 percent of these data are trapped within the notes of physicians, nurses and care managers, making it difficult for applications to deliver the full, detailed record of a patient that HCOs need in order to achieve gains in quality, coordination of care, HIE interoperability and accountable care.
Based on more than two decades of NLP experience, many of the earliest clinical NLP patents and extensive peer-reviewed validation, Health Fidelity REVEAL works with knowledge-based terminologies to generate highly granular codified data in a structured, interoperable format. As a cloud-based service, REVEAL accepts a wide range of unstructured clinical data and can produce structured, codified information using industry standard terminologies (e.g., SNOMED). The codified information is made available in both fine and composite granularity within interoperable data structures, enabling that content to be readily consumable in any clinical workflow.
"Data-driven clinical decision making is accelerated when clinicians leverage technology to tap into a complete map of a patient's health, where every element of a patient's health is revealed, understood and applied," said Dr. Riskin. "Health Fidelity delivers that capability on a commercial scale, meeting the needs of both application developers and HCOs."
Health Fidelity REVEAL enables applications that help HCOs increase efficiency, enhance care quality and facilitate information exchange through innovations that include automatic extraction of quality and case management metrics, reduced manual coding, real-time access to information, utilization of narrative note content, and predictive modeling in response to a massive increase in data clarified, understood and available for application.
"Healthcare organizations committed to achieving meaningful use, ICD-10 conversion and other quality improvement efforts can capitalize on the data they already have to perform more accurate analytics," Dr. Riskin said. "Doing so will reduce costs, while improving performance, quality and efficiency."
About Health Fidelity
Health Fidelity, Inc., based in Menlo Park, Calif., elevates the standard of care by extracting value from the vast unstructured clinical data that healthcare organizations capture but cannot utilize. With its breakthrough natural language processing (NLP) platform, incorporating the world's most accurate, reliable and studied NLP technology, Health Fidelity partners with HIT solution companies to enable healthcare organizations to utilize their previously untapped content. Health Fidelity's secure cloud-based integration enables real-time automated extraction and encoding of unstructured information for analysis, exchange, and regulatory compliance. As a result, end-users can make better medical decisions, monitor and improve the quality of care, and drive operational efficiency, thus accelerating the evolution of healthcare.
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SOURCE Health Fidelity, Inc.