Thursday, March 31, 2011

HIMSS Medical Banking Project Releases New G7 Reports

The HIMSS G7 Roundtable Series brings together prominent leaders and pragmatic "doers" to discuss and develop the future state of the healthcare financial network.

  CHICAGO (March 31, 2011) -The HIMSS Medical Banking Project G7 Roundtable, a specialized think-tank of healthcare stakeholders - banks, consumers, employers, government, health plans, healthcare providers and health technology firms - is tasked with envisioning the healthcare financial network of the future.  

Two new reports from the G7, sponsored by Kaiser Permanente, are available on the MBProject website. They are:

The Intersection Between Accountable Care Organizations & the Financial Network of the Future explores the emergence of Accountable Care Organizations in healthcare and what impact this might have on the “Financial Network of the Future.”
Exploring the Odyssey of Real Time Adjudication of Healthcare Claims examines the evolution of RTA today and defines HIMSS MBProject’s potential role in moving the RTA dialogue forward. This paper follows on the foundation laid from the 2008 HIMSS white paper Real Time Adjudication of Healthcare Claims, by the HIMSS Financial Systems Task Force.
“The G7 is a collaboration among all health stakeholders to create a cohesive information network around healthcare and information technology to help build the financial network of the future,” said John Casillas, Senior Vice President, HIMSS Business-Centered Systems, who explained banks and hospitals currently interact but do not share a common language that could significantly improve operational efficiencies. “The G7 Roundtable meets three times each year analyzing improved healthcare delivery through proposed medical banking systems, which takes paper billing into a single electronic channel that could spawn a new generation of efficiency tools and consumer-centric product offerings, and other topics of vital interest.”

Recently, the World Bank formed a new collaboration with HIMSS G7 effort to use the thought leadership platform to advance critical policy issues in developing countries and bring together parties around potential demonstration projects in medical banking. Kaiser Permanente is one of up to 20 exclusive sponsors of the HIMSS G7 thought leadership platform,

“We are pleased the World Bank has decided to use the HIMSS G7 thought leadership platform and look forward to advancing global health using medical banking principles,” Casillas noted. At the 9th National Medical Banking Institute, the World Bank convened a forum moderated by Alexander Preker, who helped to instigate dialogue around an agenda for HIMSS and the World Bank. Preker is Head of the Health Industry Group and Investment Policy Analysis for the Investment Climate Department of the World Bank Group.

 The next meeting of theG7 Roundtable will be held on April 11 at the Vanderbilt Center for Better Health in Nashville, Tenn., where participants will provide contributions to the HIMSS ICD-10 Playbook around strategy, education and financial sustainability pre- and post- ICD-10 implementation.  The Playbook will house important information from health plans, financial institutions and other healthcare stakeholders to help providers with their ICD-10 needs. Interested G7 participants can contact John Casillas at for more information.

Read the HIMSS Business Edge enewsletter for more information on the HIMSS Medical Banking Project.

HIMSS is a cause-based, not-for-profit organization exclusively focused on providing global leadership for the optimal use of information technology (IT) and management systems for the betterment of healthcare. Founded 50 years ago, HIMSS and its related organizations have offices in Chicago, Washington, DC, Brussels, Singapore, Leipzig, and other locations across the United States. HIMSS represents more than 35,000 individual members, of which more than two thirds work in healthcare provider, governmental and not-for-profit organizations. HIMSS also includes over 520 corporate members and more than 120 not-for-profit organizations that share our mission of transforming healthcare through the effective use of information technology and management systems. HIMSS frames and leads healthcare practices and public policy through its content expertise, professional development, and research initiatives designed to promote information and management systems’ contributions to improving the quality, safety, access, and cost-effectiveness of patient care. To learn more about HIMSS and to find out how to join us and our members in advancing our cause, please visit our website at

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