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Medhealth Review

Innovative Solutions for a Data-Driven Future

DERRICK HALVEY

CEO, ReleasePoint

“We are committed to consistently innovating and developing state-of-the-art solutions that tackle the intricate challenges of managing medical record data. Over the next few years, we will continue to evaluate new data sources that contribute to the evolving demands of our clients”

The healthcare sector faces a major difficulty in the data-driven world of today: managing and utilising massive amounts of organised and unstructured medical data. Although some elements of patient care and operational efficiency have been revolutionised by electronic health records (EHR) and artificial intelligence (AI) algorithms, a significant amount of unstructured data still exists in formats like medical charts, PDFs, and photographs. The presence of unstructured data can impede the smooth integration, analysis, and utilisation of information, hence impeding organisations’ capacity to get useful insights and enhance their decision-making procedures.

But in the middle of this difficulty, ReleasePoint shows itself to be a source of creativity and opportunity. A revolutionary advantage in transforming conventional image-based medical records into structured data formats is provided by ReleasePoint’s flagship product, MIDAS. MIDAS creates structured data that bridges the gap between structured and unstructured medical data sources by utilising a special combination of human extraction and AI skills. This structured data reflects the depth and quality of EHR data.

Regardless of the data source, ReleasePoint is committed to transforming the healthcare sector by offering high-quality electronic medical record data in a secure environment. Their goal is to use cutting-edge technological solutions to assist the healthcare, insurance, and research sectors in enhancing patient care, operational effectiveness, and decision-making.

ReleasePoint’s flagship solution, MIDAS, addresses the challenge of managing unstructured medical data by transforming traditional image-based medical records into structured data formats. By combining human extraction and artificial intelligence capabilities, MIDAS generates structured data of similar depth and quality to electronic health records (EHR), enabling seamless integration and analysis.

In addition to MIDAS, ReleasePoint offers a range of services tailored to the needs of the healthcare industry. These services encompass Healthcare Data Integration Solutions, Population Health Management Platforms, Revenue Cycle Management Software, Clinical Decision Support Systems, and Telehealth Solutions. 

ReleasePoint is aware of the difficulties organisations face when implementing new data solutions and technology. As a result, the business meets businesses where they are in terms of data maturity by providing choices for effective data consumption that don’t involve a lot of IT resources. With this strategy, the advantages of organised medical data are maximised for healthcare providers, insurers, and research institutions, enabling them to easily incorporate ReleasePoint’s products into their current processes.

ReleasePoint is led by Derrick Halvey, CEO, who bring years of experience and expertise in healthcare technology to drive the company’s vision and growth.

We are committed to consistently innovating and developing state-of-the-art solutions that tackle the intricate challenges of managing medical record data. Over the next few years, we will continue to evaluate new data sources that contribute to the evolving demands of our clients,” says Derrick.

One of the greatest challenges in implementing medical data solutions is organizational readiness. ReleasePoint understands this challenge and meets organizations at their current stage of data maturity. Whether organizations lack IT bandwidth or are not yet ready to consume structured data, ReleasePoint provides options to consume data in powerful ways without requiring extensive IT resources.

Founded in 1973 and headquartered in Claremont, CA, ReleasePoint expanded operations globally over a decade ago, establishing a presence in St. Charles, Andorra. Known for scalability and handling large volumes of data, ReleasePoint operates on a 24/6 workflow, delivering faster turnaround times while maintaining high standards of quality control.

ReleasePoint places a high value on collaborations in order to improve its services and help its clients succeed. ReleasePoint utilises complementary technologies and experience to create comprehensive solutions that are suited to the demands of diverse industries. It does this by forming strategic agreements with government agencies, research institutions, and vendors of healthcare technology.

ReleasePoint has a track record of driving significant improvements for its clients. For example, one major multi-line insurance carrier reduced medical record review time by 60% after implementing MIDAS. MIDAS made it possible to make decisions more quickly and accurately by reducing the noise caused by redundant information and standardizing how patient health histories were presented.

ReleasePoint is dedicated to innovation and creating innovative products and services to satisfy its clients’ changing needs as the healthcare sector undergoes continuous change. In the future, ReleasePoint plans to keep assessing fresh data sources, creating innovative goods and services, and utilising cutting-edge technology to empower medical facilities, insurance providers, and research groups.

ReleasePoint stands at the forefront of the healthcare technology revolution, empowering organizations to unlock the full potential of medical data and improve patient care and operational efficiency. With a dedication to innovation, excellence, and customer success, ReleasePoint continues to shape the future of healthcare technology.