This excerpt taken from the QVDX 10-K filed Mar 9, 2007.
CareScience Standards of Care
CareScience Standards of Care is designed to address the need for healthcare providers to manage the reporting of quality and performance data to external agencies. The product is an Internet-based, HIPAA-compliant and encrypted software tool designed for use by clinical staff, quality and performance analysts and executives. This tool is designed to help improve patient care and outcomes in the event a healthcare provider is performing below expectations in specific areas. CareScience Standards of Care helps hospitals remain competitive and receive optimum financial reimbursement when pay-for-performance initiatives are in place.
Functionality. CareScience Standards of Care is a single-source performance reporting and benchmarking tool that allows the user to:
CareScience Standards of Care contains two main tools, the Patient Entry tool, which facilitates collection of data, and the Quality Indicator Scorecard, a reporting tool which allows care-quality data to be compared to external organizations.
Patient Entry. This tool allows patient-level data to be entered and edited. Patient data may be electronically uploaded or manually entered, but once in the system, the data can be used for all of the measure sets the user is responsible for reporting, both internally and externally. This tool is primarily utilized by quality and performance improvement analysts and clinical staff responsible for collecting, analyzing and submitting public reporting data. Quality and performance managers use the Patient Entry tool to assign patients to measure sets for data entry and to run reports, including:
Quality Indicator Scorecard. This tool is primarily used by executives and quality and performance managers, but also useful to clinical managers and staff. This component generates the following reports: