Health Market Science Enhances its HMS Provider MasterFile

EMMAUS, PA, March 24, 2011 (Press-News.org) Health Market Science (HMS), a leading source for healthcare provider data and solutions, today announced the enhancement of its Provider MasterFile with additional information on hospitals and facility characteristics. The enhanced HMS Provider MasterFile provides comprehensive demographic information on over 7,000 hospitals, more than 52,000 Extended Care and Skilled Nursing facilities, 250,000 group organizations, clinics, labs, and over 1,500,000 affiliated providers.

"Hospitals and IDNs have significant power and influence over the selection and purchase of pharmaceutical products, surgical supplies and medical devices," said Jennifer Salvucci, SVP Product Development at HMS. "It's critical for our clients to easily access and understand their scope and size at the most granular level possible to improve their account based selling strategies including sales force sizing and alignment."

In addition, facility based information is an important component to managing reimbursement and compliance payments by healthcare practitioners and healthcare organizations. Accuracy and reduced latency of data helps mitigate the risk of non-compliance with state and pending federal promotional spend regulations and improves the ability to quantify aggregated promotional spend at the facility level.

Enhanced organization-to-organization relationships include:
Facility Relationships and Status
IDNs and the group practices related to a parent hospital
Relationships of facility (own, manage, lease, franchise, physician owned, etc.)
Teaching Status
Accreditations
Facility Size
Total number of beds per facility
Total hospital beds, short and long term
Over 30 bed types
Total number of employees
Facility Type
Community hospital vs. non-community hospital
Certified trauma units and level of trauma provided
Types of facility and services provided at a given hospital
Profit status and financial information of facility
Procedures
Inpatient and outpatient surgery
Estimated number of births
Outpatient visits
Emergency room visits (admitted and non-admitted)
Total patient discharges
Average daily census of ICU and CICU

Founded in 1999, Health Market Science (HMS) is dedicated to providing the most accurate and trusted data solutions to the healthcare industry including pharmacy, pharmaceuticals, medical device manufacturers, health plans, health systems, pharmacy benefit managers and Health Information Exchanges. Our entire organization is focused on the quality of the solutions we deliver, which starts with a relentless pursuit of acquiring, analyzing and integrating more than 2,000 disparate data sources into our HMS Provider MasterFile. HMS has the experience, technology, people, and processes to deliver the most accurate, timely healthcare provider master file available in the market. With more than 130 employees, HMS uses innovative technology and domain expertise to help its clients comply with evolving federal and state based laws, reduce operational costs and maximize market opportunities. For more information visit healthmarketscience.com.