U.S. hospitals and health systems together recorded more than $202 billion in losses between March 1 and June 30, as the COVID-19 pandemic held a firm grip on the country, according to research from the American Hospital Association. In such dire financial circumstances, healthcare organizations must quickly and drastically lower spending on manual regulatory-focused tasks — without compromising compliance.
Our mission at Protenus is to advance the science of healthcare by bringing together creative and skilled individuals who are passionate about the security, usability, and applicability of health data. As this information becomes more voluminous, comprehensive, and, as a consequence, more vulnerable, we are building scalable, insightful solutions that address critical issues preventing the efficient, safe, and effective delivery of patient care.
Healthcare compliance analytics leverages AI to provide compliance professionals with the tools they need to maintain a culture of compliance in a resource-constrained environment, while also transitioning their current compliance program from one that is reactive to one that is proactive with a focus on prevention.
Our mission at Protenus is to advance the science of healthcare by bringing together creative and skilled individuals who are passionate about the security, usability, and applicability of health data. As this information becomes more voluminous, comprehensive, and, as a consequence, more vulnerable, we are building scalable, insightful solutions that address critical issues preventing the efficient, safe, and effective delivery of patient care.
According to the latest research from the American Hospital Association, hospitals spent an estimated $39 billion a year to maintain compliance while facing complex challenges and the mounting costs of keeping up with an ever-changing body of federal and state rules and regulations. The same organization highlighted that hospitals are overburdened by regulatory requirements and found thatan average-sized hospital dedicates about 59 FTEs to regulatory compliance, and now due to COVID-19, these dedicated resources have often been furloughed or reallocated.
