Louisiana Health System Hospitals Enter Partnership with Medical Holdings, Inc.

26 February 2024

Medical Holdings is pleased to announce a significant achievement in its expansion journey. Its subsidiary, Retrieve Medical, Inc. ("Retrieve"), has finalized a crucial contract to deploy its cutting-edge software at a prominent hospital in Louisiana. This collaboration marks Retrieve's continued growth in the healthcare sector, adding to its portfolio of esteemed community health systems.

The partnership involves implementing Retrieve's proprietary software solution, Retrieve DxTM, at a notable 2-hospital healthcare system campus in Louisiana. This campus, known for its over 150 beds and servicing more than 44,000 Emergency Department visitors annually, stands as a cornerstone in the region's healthcare landscape.

In the ever-evolving realm of American healthcare reimbursement, optimizing Case Mix Index (CMI) is paramount. Improved documentation of patient comorbidities is essential for enhancing CMI. Retrieve's innovative platform empowers clinicians by simplifying comorbidity identification and seamlessly integrating them into medical records with precision and efficiency.

With the ability to facilitate more accurate diagnoses in less time, Retrieve anticipates positive impacts on CMI, quality scores, query rates, and record documentation efficiency. This strategic collaboration reaffirms our position as a premier provider of physician documentation software for hospitals and medical systems across the United States. This announcement further strengthens our confidence in achieving robust commercial performance in 2024.

Source: globenewswire.com