Smart Health Benefits Card Overview
The Smart Health Benefits Card Data Management System takes a individuals virtual longitudinal personal health record to include health benefits information and stores it on a secure Micro-chip-based card. The patient’s identity (photograph and ID/Password) drives access to the card. Additionally, it features the same authentication and security protocol as employed by the U.S. Department of Defense. Therefore, it provides absolute authentication of one’s identity using 2-part authentication. It utilizes a patient photo identification and is biometric capable (fingerprint).
The Smart Health Benefit Card has the ability of being used to retrieve/store/update a patient’s longitudinal medical history using the My Records Now Personal Health Record, for use by care providers anywhere at any time. Additionally, the solution provides the means from which to present a patients longitudinal medical history including imaging (DICOM) to the care provider at the point of care. The Smart Health Benefits Card solution includes a “back-end” feature using the client-side application for use by Payers. This application performs analytics and reconciles billing statements.
The Card is universally capable of being used by hospitals, ambulatory clinics and private practices using disparate information systems. The application retrieves and returns all relevant information regarding medical services provided to the cloud-based HIE repository for inclusion into the patient’s medical records system. It has an embedded software platform which allows the healthcare provider to use the platform to upload medical services EHR data in the form or either a C-CDA, CDA, CCD, XML or PDF. After completion, the system sends the information back to the patient’s host EHR. The system can operate on its own. Therefore, access to “the cloud” is not required for the system to function.
Smart Health Benefits Card Valuation
What would the impact be for the payer (insurer) if every piece of data (Labs, Diagnostics, Imaging etc.) were always with the patient when they presented to another care provider? This platform can lead to the elimination or significant reduction of redundant and unnecessary testing and procedures. This one feature alone will result in reduction in the Cost of Medical Services. (In the US, the CBO estimates redundant testing costs the US healthcare system as much as $700 billion per year.
What would the impact be for the payer (insurer) if a solution could eliminate identify theft and related fraud? The use of less secure identification cards throughout the system is a primary cause. Use of this platform could reduce or even eliminate fraud associated with identity theft. Healthcare fraud in the US costs $68 billion per year (3% of all health care spending) according to the National Health Care Anti-Fraud Association.
Additionally, imagine the ability of having universal access to true population data that is accurate and up-to-date. Payers (insurers) and all other stakeholders would have the ability to perform accurate, intelligent analytics on meaningful patient data. This, along with the interoperability gains, and you can begin to imagine the enormous benefit of this platform. This is why we believe this solution has a positive ROI from the point of implementation.
Finally, the Smart Health Benefits Card lets you take your medical records with you. This provides the portability of data and interoperability that other systems promise, but cannot deliver. Global Care International’s Founder/President, said “There are but two components to the healthcare system that are relevant; the patient and the care provider. Only one of these components are mobile throughout their lifetime – the patient!”. This truly helps meet the goal of meeting the patient where they are.