USRetina Announces RetinaOS To Help Practices Better Understand and Manage Business Efficiently
USRetina announced new technology offerings it says will drive more value for retina practices. USRetina’s new cloud-based platform, known as RetinaOS, includes RetinaInventory, an inventory management and practice data consolidation solution, and RetinaPurchasing, a group purchasing portal that provides broad access to retina-specific pharmaceuticals.
As the landscape of eye care continues to transform, retina practices need support at the business level so they can focus on what matters: better patient care and improved outcomes. The RetinaOS platform was built by retina doctors to bring a new level of business flexibility and adaptability to these practices, according to USRetina. Together they streamline drug purchasing, improve operations management, optimize revenue cycle management, and help doctors navigate regulatory changes while they build bottom-line revenue. It’s all available on a distributor-agnostic platform built specifically for retina care.
RetinaOS is the first cloud-based platform that brings together disparate point solutions into one operating system for the retina practice, according to USRetina . RetinaOS integrates existing electronic medical records and practice management tools and combines them with an inventory management solution and group purchasing portal. It gives doctors and administrators one view into practice performance, efficiency, and operations and allows practices to benchmark their performance on business metrics and measure business outcomes like revenue, reimbursement, and financial results.
RetinaOS includes RetinaInventory and RetinaPurchasing.
RetinaInventory streamlines drug inventory and administration workflow, while providing insights on practice at the point of care. Now doctors can consolidate practice data across EMR, practice management and the complete lifecycle of pharmaceuticals, from ordering, to inventory, to dispense, to billing, and finally to reimbursement.
RetinaInventory includes:
- Drug Reconciliation: Now it’s easy to match data from multiple systems and identify errors more quickly. See real-time accounting of high-cost drugs by reviewing what was administered vs. what was billed.
- Intelligent Asset Management: Optimize clinical workflows and receive, track, and manage drugs according to doctor, integrated with daily appointment books. Maintain appropriate inventory levels with real-time reporting on today’s drug inventory and usage.
- Just-in-Time Ordering: Ensure adequate inventory and manage cash-flow based on specific analytics and not arbitrary PAR levels.
- Invoice and Order Analysis: Ensure your practice is closing out invoices before opening new vials. Avoid gaps in reconciliation and track replacement vials back to the original invoice.
- On-Hand Inventory: Skip daily manual inventory counts and track inventory levels according to financial milestones.
- Data Consolidation: RetinaOS will also integrate with and consolidate data from your electronic medical records and practice management software, for one unified view to help drive better decision-making at the point of care.
RetinaPurchasing, formerly the USRetina Group Purchasing Organization (GPO), has been renamed and reimagined to seamlessly integrate with RetinaOS for easier inventory management. The portal also includes:
- Consolidated Ordering: Use a single shopping cart for retina drugs, medical supplies, and medical devices.
- Membership Rewards: Members of USRetina enjoy built-in rewards from partners like American Express and more.
- Drug Updates: RetinaPurchasing keeps members informed in changes to drug purchasing and availability at all times.
“The RetinaOS platform answers the needs of retina practices trying to improve patient care but get bogged down with business management,” Ravi Nemana, Chief Technology Officer for USRetina, said in a company news release. “We’ve built them using unique insights into the retina practice model, and unlike the competition, are designed with only retina in mind.”
RetinaOS is now generally available and are currently supporting practices within the USRetina network. To learn more, visit USRetina.com.
