3. 5010conversion@jawood.com 888.822.5984 www.jawood.com GARTNER COST STUDY “ HIPAA systems implementation costs form the majority of costs associated with the HIPAA Version 5010 proposed rule. The following table summarizes the cost categories and an estimate of each category as a percentage of total costs incurred. The major cost item is the TESTING COSTS – these costs on average are estimated to account for 60% to 70% of the total costs that will be incurred.” - Gartner* *Gartner. Version 5010 Regulatory Impact Analysis – Supplement. September 2008 Cost Category Percentage of Total Costs (Providers) Percentage of Total Costs (Health Plans) Hardware Procurement 0% 0% Software Costs 15% 10% Transmission Costs 0% 0% New Data Collection 0% 0% Customized Software Development 5% 2.5% Testing Costs 60% 70% Training Costs 5% 2.5% Transition Costs 15% 15% Total 100 % 100% Testing Costs 60% 70%
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7. 5010 TEST DATA COSTS 5010conversion@jawood.com 888.822.5984 www.jawood.com 5010 Data Conversion Cost Test Coverage / Risk Mitigation 100 Risk Jawood Solution Manual Save up to 60% 0 Costs for Manual Claim Conversion Time: 1 claim = 30 minutes Cost: 1 claim = $ 22.00 1,000 claims = $ 22,000.00 10,000 claims = $ 220,000.00 100,000 claims = $ 2,200,000.00 Savings with the Jawood Solution The greater the risk mitigation / the greater the test coverage – THE GREATER THE SAVINGS / THE LOWER THE RISK!
15. 5010conversion@jawood.com 888.822.5984 www.jawood.com 4010A1 – 5010 : JAWOOD AUTOMATED TEST CLAIM CREATION Global Defaults Based on Companion Guide / Plan Setup User Pref: 1 Straight Conversion User Pref: 2 Test Field Boundaries User Pref: 3 Test Code Variations User Pref: 4 Test Non-Compliance File: 1 10,000 Claims 400,000 claims Claim Locator / Extractor Based on Test Grid Loaded 4010A1 10,000 claims 4010A1 5010 File: 2 10,000 Claims 5010 File: 3 10,000 Claims 5010 File: 4 10,000 Claims 5010 Jawood / Felix : Tool Set Jawood / Felix: Tool Set
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17. SCHEDULE YOUR ASSESSMENT REVIEW TODAY!!! See a Jawood Representative for more details! Blaine Mallat, VP 248-833-8000 [email_address] www.jawood.com