Avalon Healthcare Solutions Launches Revolutionary Lab Technology
Avalon Healthcare Solutions Launches Revolutionary Lab Technology
Transforming Diagnostics with Innovative Solutions
APEA platform receives accolades for enhancing real-time policy enforcement
Avalon Healthcare Solutions, recognized as the nation's pioneer in lab insights, has achieved a remarkable milestone with the recent award of U.S. Patent No. 12,148,534 B1 for its innovative system and method of automated policy enforcement. The company's proprietary technology, known as APEA, is engineered to automatically review and validate lab test claims against established health plan policies.
Since its inception, Avalon has been at the forefront of transforming lab benefit management by implementing technology-driven solutions. These advancements ensure patients receive the most appropriate tests at the most opportune times. The introduction of the APEA platform signifies a pivotal advancement in Avalon's commitment to modernizing how diagnostics are managed, thereby improving the quality of care through precision, speed, and enhanced claims processing.
CEO Bill Kerr, MD, expressed enthusiasm about the patent, stating, "This patent confirms what our stakeholders have recognized for years — Avalon's technology sets the benchmark for speed, precision, and innovation in the industry. APEA allows for real-time, automated policy enforcement, maintaining compliance, and importantly, facilitates data insights that promote better health outcomes while controlling costs."
Revolutionizing Claim Process
The operational mechanics behind APEA are intricate yet user-friendly. When providers submit lab test claims, the APEA platform is seamlessly integrated into health plan infrastructures. It promptly evaluates the claim against evidence-based lab policies, issuing a coverage determination instantly. This eliminates delays, removes the need for manual intervention, and reduces the likelihood of uncertainty.
With the capacity to process more than 18 million claims monthly, APEA performs over a million real-time edits per client, supporting 40 million lives across the nation. This efficiency not only alleviates administrative burdens but also protects healthcare revenues while enhancing member care.
Lynn Mettler, Avalon's Chief Technology Officer, highlighted that, "APEA embodies Avalon's forward-thinking approach. It enables rigorous enforcement of science-backed lab policies instantly, improving operational effectiveness, accelerating access to treatment, and empowering healthcare providers. Our platform is designed to support healthcare professionals, not replace them."
Harnessing the Full Potential of Lab Insights
Avalon's Lab Insights ecosystem expands beyond mere claims processing and policy validation. It unlocks the comprehensive value of diagnostic testing by utilizing a cloud-based infrastructure that is HITRUST-certified for security. This architecture facilitates the use of artificial intelligence and machine learning, empowering tools such as predictive analytics, explainable AI, and natural language processing to foster proactive care initiatives and streamline operations within health plans.
The patented technology and intelligent insights platform offer thorough management capabilities for lab diagnostics, including:
- Policy enforcement and compliance
- Utilization management for genetic testing, certified by NCQA
- Evaluating test quality and assessing new technologies
- Facilitating early detection of diseases and optimizing treatment strategies
By digitizing lab results and analyzing them in real-time, Avalon assists health plans in transitioning from reactive to proactive care modes. This shift enhances clinical outcomes, decreases unnecessary testing, and maximizes the efficiency of healthcare spending.
Dr. Kerr further noted, "This patent is only the beginning of our journey. We are dedicated to progressing diagnostic technologies that foster earlier detection, promote tailored treatments, and deliver exceptional healthcare scalability."
About Avalon Healthcare Solutions
Avalon Healthcare Solutions stands as the first and only Lab Insights company, merging lab benefit management, clinical science, and innovative analytics to assist health plans in delivering more suitable, cost-efficient, and proactive care. Its solutions capture and analyze lab results in real-time, aiding in early detection, more astute treatment choices, and consistent reductions in healthcare expenditures. Avalon serves health plans nationwide, managing lab benefits for over 40 million individuals and facilitating savings between 10% and 20% on outpatient lab costs.
Frequently Asked Questions
What is the significance of the APEA platform?
The APEA platform automates policy enforcement for lab claims, enhancing accuracy and efficiency in claims processing.
How does Avalon ensure compliance in lab test claims?
Avalon’s APEA platform instantly evaluates lab test claims against established health plan policies in real-time.
What benefits does Avalon provide to health plans?
Avalon delivers insights that lead to proactive healthcare, reducing unnecessary testing while maximizing healthcare spending efficiency.
How has Avalon changed lab benefit management?
Avalon utilizes advanced technology solutions for real-time lab result analysis, which optimizes patient care and reduces costs.
What future advancements can we expect from Avalon?
Avalon plans to continue enhancing diagnostic technology to facilitate earlier detection and more personalized healthcare outcomes.
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