Top 25 Innovators - 2019
Cost reduction
Ritu Jain
Executive director of medical affairs, Stamford Health
Jain implemented a mobile program to capture data on physician spend—total dollars spent on physician contracts. Previously, the paper-based process was burdensome and inaccurate. The new process tracks physician activity in real time, gets necessary approvals and makes payments to doctors, all online. The initiative has saved money—$103,000 annually—and achieved widespread adoption among physicians. Additionally, prior to the technology, Stamford was not submitting physician administrative data on CMS cost reports. That’s changed and has helped increase revenue.