Iselin, NJ—October 23, 2017–Santech Solutions is releasing new application programming interfaces (APIs) for its suite of solutions at NAMSS’41st Educational Conference and Exhibit in Colorado Springs (Oct. 21-25, 2017). Santech is applying strategic IT intelligence to modernize provider data management infrastructure across all stakeholders with its in-depth knowledge of providers’ & payor’s business needs. With launch of its open APIs Santechwill enable hospitals & medical practices to efficiently submit the provider data to multiple participating payors.
“Payors & Providers need smarter solutions which can communicate with each other to exchange provider participation information. Since this is critical for the success of payor-providerpartnership, Santech has deployed an open infrastructure solution suite whichprovides readily usable APIs and a user interface for submission of providerdata usually sitting in multiple systems with these hospitals & practicessuch as Credentialing, Quality, EMR, HR, Practice Management Systems, Spreadsheets, and Manual Notes” said Neeraj K. Sharma, Chief OperatingOfficer at Santéch Solutions.
This year’s NAMSS Conference would be enthralling and Santech is ready to showcase the open APIs which will reinvent a synergetic way of functioning within the industry. Industry which is traditionally competing for workflow systems often ignores the value of collaborating together to make it more efficient to improve healthcare ecosystem. With the help of these API’s,fragmented and distributed provider data can be pulled together from multiple systems, submitted seamlessly to payors and on the other end transformed into a usable format for payors to use this data for the credentialing, directory, and Value-based re-reimbursement (VBR) contract management purposes.
Earlier this year Santech was selected as a ‘cool vendor’ by leading analyst firm Gartner for enabling transformationalprovider management due to its continuous innovations and modern provider datamanagement infrastructure. Sharma added, “Offering an API to allow other solutions to leverage this comprehensive infrastructure suite was a natural next move to help the industry.”
APIs drive improved capabilities within the Industry:
- APIs allow hospitals & practices to seamlessly submit their provider data such as provider’s demographic, credentialing, location, specialty, work hours, accepting new patients (open-close panel), quality scoring, attestations, signed applications, and participation acceptance of VBR contracts to multiple payors for credentialing, directory and value-based re-reimbursements (VBR) contract management purposes.
- APIs willhelp in submitting this data from heterogeneous sources and Santech’scomprehensive I-Net Exchange program deploys patent pending algorithms toidentify correctness and completeness of this information, accuracy &validity of this information, identification of payor/plans specific businessrequirements and conversion of this information into payor’s most usable optimalformats.
- APIscoupled with user interface would provide additional capabilities to hospitals and practices to nurture their provider data based on their specific business alignment with each payor and network.
- These APIs& user interface would also allow hospitals & practices to receive and fulfill requests coming from payors for seeking/updating this information. Traditionally these requests get exchanged through email/faxes and phone calls making it cumbersome and time-consuming for medical professionals.
Santech’s intuitive APIs provide an appropriate solution to the three major problems of streamlining the payor-provider relationship. First, APIs allow hospitals & practices to seamlessly submit their provider data with Payors right from their existing system of record. Second, APIs reduce staff time in catering to the provider directory update requests from multiple Payors. Third, APIs reduce errors & mistakes of manual updates leveraging Santech’s patent-pending data cleansing &indexing algorithms. Through industry accelerating features, these APIs will help in modernizing the payor-provider relationship with more accurate provider information.
A well-timed offering for NAMSS attendees
Reputed system vendors,participating in NAMSS, work with multiple hospitals & practices to house their valuable provider data often struggle to exchange this information with Payors. We encourage all these system vendors to Beta test these APIs to enhance their system capabilities for exchanging information with payors.
“How payors and providers exchange information are in drastic need of streamlining. While many of us are focused on filling that need, Santéch believes that if we work together, we can truly turn the provider-payor relationship around. We welcome technology partners and system vendors to work collaboratively to extend their system capabilities by using these APIs.” said Sharma.
Neeraj Sharma, Santech’s COO, and Bert Fajardo, Santech’s VP of Strategy, are available at NAMSS to discuss about”Simplified and Intuitive Provider Management Platform for Credentialing and Compliance Needs” at Booth No. 108.
About Santéch
Founded and managed by healthcare specialists, Santéch offers innovative solutions to payors, practices and health systems to transform their provider and network management capabilities. Built for scalability and high performance, our enterprise-caliber solutions are designed to meet the needs of small, midsize, and large organizations. Santech is recognized as a 2017 Gartner“Cool Vendor” in Health-Value Management for U.S. Healthcare Payors. The company is headquartered in Iselin, New Jersey. Visit us at www.mySantéch.com.