STERLING, Va.--(BUSINESS WIRE)--
Spin Systems, Inc., a leading small business provider of enterprise-wide
solutions to Fortune 500 companies and federal government agencies, is
pleased to announce the success of its HIPAA 5010 ICD-10 Standard
Compliant Referral Exchange, implemented during a period of nine months,
and an integral part of the Health
Information Technology for Economic and Clinical Health (HITECH) Act.
The HITECH Act was signed into law by President Obama in 2009 for the
purpose of improving American healthcare delivery and patient care
through investment in Health Information Technology (HIT), and
meaningful use. The HITECH Act sets the stage for improved health care
quality, safety, and efficiency through the use of HIT and meaningful
use, which includes electronic health records (EHRs), as well as private
and secure electronic health information exchange. Meaningful Use is the
term given to ensure the use of certified EHR technology in a meaningful
manner, and is deployed in three stages; (1) Data Capture and Sharing,
(2) Advance Clinical Processes, and (3) Improved Outcomes.
To meet the deadline of October 1, 2014, those in the healthcare
industry should already be on Stage Two of Meaningful Use. Spin Systems
is already ahead of the curve by meeting the qualifications of
Meaningful Use (Stage Two) for their DoD client. Spin Systems was able
to set up a 5010 Standard Compliant Referral Exchange hub for their DoD
client within nine months, enabling the secure electronic interchange
of clinical referrals or consults between the MTFs (Military Treatment
Facilities) and health insurance organizations. There is a single
referral exchange hub that managed the exchange of over 2 million
referrals in 2013. Spin Systems works with four health insurance
providers including United Health, Humana, and Health Net.
“We had the unique opportunity of providing this referral exchange to
our military clients via our Service Oriented Architecture (SOA) enabled
data collection and sharing platform – the Spin Data, Aggregation,
Collection and Analytics (SDACA) platform. For those looking to replace
existing solutions that are no longer CMS compliant, our exchange hub
can help make the transition to a compliant system agile, seamless and
cost effective,” says Sharath Sadashivan, Product Development Manager,
at Spin Systems, Inc.
According to a recent
survey from the not-for-profit Workgroup
for Electronic Data Exchange (WEDI), the entire healthcare industry
is “behind the curve” in its preparedness. The survey showed that more
than 20% of vendors surveyed indicated they were either less than or
only halfway finished with their ICD-10–related product enhancements,
and those preparations wouldn’t be ready until later this year. One in
four health plans surveyed had not completed their ICD-10 impact
assessments, while only about a third of the plans expected to begin or
had already begun external testing with other data exchange partners by
the end of 2013.
“With the start of the New Year, it’s troubling to see so many behind
the curve of such an important issue and mandate. Spin’s unique agile
approach and tools utilizing open standards help keep us ahead of the
curve,” stated Spin Systems Inc, Founder and CEO, Wael Ali. “With the
swift implementation of the HIPAA 5010 ICD-10 Standard Compliant
Referral Exchange done in nine months’ time, this achievement provides
yet another testimony to the success of our products, solutions, and
About Spin Systems, Inc.
Founded in 1998, Spin Systems, Inc. is a U.S. Small Business
Administration (SBA) certified 8(a) company that delivers engineering
and consulting services for Government and commercial enterprises.
Located in the technological hub of the Washington, D.C. metropolitan
area, Spin Systems has become one of the fastest growing companies in
the demanding market of Information Technology.
Spin Systems, Inc.
Melissa Mullins, 703-318-0803 ex. 293
Source: Spin Systems, Inc.