by Chris Millet
The problem we solve: Quality measure reporting is how healthcare pays for performance. 90% of all payments to healthcare practices will be based on reporting. Yet it takes months for Electronic Health Record and billing companies months to update their products for successful reporting. Lazy simplifies tracking the different measure specifications, guidelines and data standards to submit data on quality measures in minutes.
About our solution: lazy offers a web service to help Electronic Health Record companies who sell to hospitals and healthcare practices offer quality measure reporting and submission using our quality measure library
Progress to date:During our beta last year we acquired paid customers and submitted reports for hundreds clinicians. We have also raised $100k via a convertible note and secured marketing partnership with a content distributor that can reach hundreds of thousands of clinicians.
Creator: Chris Millet
Location: District of Columbia
Education: Carnegie Mellon Univiersity
Bio: CEO Chris Millet was formerly Senior Director for Health IT at the National Quality Forum, a leading institution that vets quality metrics used by healthcare industry for pay for performance initiatives across the country. From 2011, Chris Millet was active in Health Level 7, the health care industry’s leading standards development organization, and served as co-chair for the quality reporting workgroup since 2013. During this time, Chris has co-authored standards used for electronic reporting.
Title: Co Founder and CEO
Advanced Degree(s): MS Information Systems Management
Bobby Jones
Co-Founder and VP, MBA
Biography: Bobby Jones has over eight years of technology consulting
experience at IBM and Accenture. Bobby has driven the launch of Lazy’s registry product and continues to lead sales and product development.
Title: Co-Founder and VP
Advanced Degree(s): MBA
LinkedIn:
https://www.linkedin.com/in/bobdjones
Dolly Singh
Co-Founder and VP, MS Information Systems Management
Biography: Dolly Singh has over 10 years of consulting with Deloitte
working with healthcare clients including the Office of the National Coordinator for Health Information Technology. Key projects included to standing up the EHR Certification Program, Meaningful Use Assessments, ACO HIE analytics solution development and ICD-10 project. Dolly is driving the launch of Lazy’s web service product.
Title: Co-Founder and VP
Advanced Degree(s): MS Information Systems Management
LinkedIn:
https://www.linkedin.com/in/dollysingh
Adam Hafez
Lead Engineer, BS in Computer Science
Biography: Developer extroadinaire
Title: Lead Engineer
Advanced Degree(s): BS in Computer Science
Lazy
Location: 155 Gibbs St
557
Rockville, MD 20850
Founded: 2014
Website: http://www.thelazycompany.com
Blog: https://medium.com/belazy
Twitter: @TheLazyCompany
Other link: https://www.measureguide.com
Other link: https://pqrs.thelazycompany.com
Product Stage: In the Market
YTD Sales: Less than $250,000
Employees: 3-5
Healthcare providers who successfully report data can avoid penalties as the industry transitions away from a Fee For Service healthcare system towards an outcomes based healthcare system.
Quality measure reporting is not only an opportunity to avoid penalties under CMS' new Merit Incentive Payment System (MIPS) it's also a chance to explore Alternative Payment Models that offer a great opportunity to reduce costs and improve the quality of care. All of these initiative depend on being able to track key quality and cost measures, which is hard enough with out the technical challenge of generating reports and completing submissions. Let our API simplify some of this burden for you.
We offer software companies that collect data, such as Health Information Exchanges, collaboratives, and registries, access to our reporting API. Our API will handle the back end measurement, reporting and submission enhancing your products but relieving you from doing the maintenance.
Intellectual Property Summary
We have developed processes and tools for enabling us to maintain our measure library of hundreds of quality measures
Clinical Information
Not applicable as our product focuses on the technical challenges related to reporting data to Medicare.
Regulatory Status
FDA clearance does not apply to our type of product but we are an approved Medicare reporting registry.
How we will use the funds raised
We will use the funds to help us broaden our reach during the reporting period ending in March 2016 and to prepare for the reporting in 2017. Specifically, funds will go towards sales and marketing activities including attendance at key industry events around quality measurement and value-based care where we can reach our prospective customers.
Thank You
In our first year, we reached hundreds of clinicians and, with your help, we plan expand to enable thousands of clinicians to not only report data to Medicare and reduce costs, but to also help healthcare practices better use data to improve care.
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