Business line : industry & economy / info-tech : united health group picks up hcl tech for transitio
HCL Technologies may be selected by United Health Group, a healthcare player in the usa, to compliment the latter's transition on the new 'ICD-10' diagnostic and healthcare coding system.
'ICD-10' is the latest medical classification list for coding of diseases, symptoms, findings and diagnosis. lipitor price Although some countries are utilizing this new system to classify diseases and mortality data, america remains to be around the previous 'ICD-9' version for reporting of healthcare diagnosis, procedures and medicare claims.
They have now set a deadline of October 1, 2013 to advance towards the new coding system. The shift will necessitate an overhaul from the current systems and business operations within the healthcare sector order viagra online.
It will involve new software installations and employee training - the modern version is claimed to contain nearly much as much codes as the previous version.
As soon as the deadline, medical claims that won't go through the new coding system is going to be rejected in the united states. Considering that the transition will demand purchase of upgrading of computer systems, it poses significant opportunities for Indian players like HCL Technologies, TCS, and Infosys.
"HCL is focused on helping the medical industry prepare for the transition and definately will always increase the value of the customers can use through comprehensive service offerings. Our customers should be able to realise the main advantages of the transition quickly," said Mr Pradep Nair, Senior Vice-President for Healthcare, HCL Technologies.
United Health Group will incorporate HCL's 'ICD Crosswalk Mapping tool' into its healthcare management portfolio to make sure an even transition for the new coding system.
HCL's program provides features to analyse data, configure rules and automate the mapping from your old to new codes, a HCL statement said. However the company did not divulge the size of your order.
HCL conducted significant research ahead of beginning the transition process for that US company. It analysed the historical data for over half a year, which included 600 million claims service lines.