Why PortFolia? :: Medical Business Associates, Inc.

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PortFolia

About Portfolia

Why Portfolia?

Patient Advocates

Why PortFolia^sm?

PORTFOLIA MISSION STATEMENT

To help patients manage their healthcare experience.

Patients need to become better healthcare consumers to improve the quality of their healthcare and the efficiency of our healthcare system.

PortFolia^sm is a Personal Health Record that enables patients to effectively manage and control their healthcare experience.

Challenges in Managing Patient Healthcare Expenditures

Because the market does not separate financial and clinical case management, patient care options may be reduced and denials and delays of treatment can occur.

Because providers do not have a centralized database to help them organize a patient’s health history and special needs, ineffective management of personal health and financially related information has and will continue to result in substandard care, as well as poor health decisions by providers and patients.

Because patients see multiple providers, the cumbersome process of exchanging healthcare information among providers regarding individual patient treatment programs causes medical errors, financial errors, and delayed treatment.

Data Aggregation
(PHR)


	Discover	Identify

PROBLEM		Mitigate

	Prevent	Resolve

Unresolved Needs
-----------------
Continued Support

The Complexity of Healthcare Today

Patients today must navigate through a healthcare system susceptible to:

Medical Errors
- Administration of incorrect dosage
- Administration of fatal allergenic food product
- Misdiagnosis of breast cancer
- Amputation of the wrong leg
- Treatment decisions limited by available benefit plan provisions
Financial Errors
- Payer denials for covered services
- Billing for services never received or duplicates
- Billing for the wrong diagnosis
Healthcare Fraud Schemes
- Providing medically unnecessary services
- Selling fake insurance cards and stealing the premiums
- Selling fake discount cards to consumers and stealing the premiums
- Stealing patients’ identities
- Selling counterfeit drugs, estimates to be 10% of all drug prescriptions sold

PortFolia enables patients and their loved ones to help monitor and maintain their health – and avoid adverse experiences

Provides a comprehensive picture of a patient’s medical history allowing providers to offer treatment suggestions having the “whole” story:
- Personal Health Information
- Personal Healthcare Financial Management
- Personal Documents and Research Information
Demonstrates tangible proof of patient health status and prior health services
Stores all patient health information in one secure place -- easily accessible for routine doctor visits or a sudden onset of a new health problem
Helps patients stay informed and involved in their care enabling and empowering educated healthcare consumers, thereby minimizing risk and exposure to medical errors, financial errors, and fraud schemes
Delivers the electronic medical documentation/record that providers and doctor groups have long supported
Providers can access secure patient healthcare information to support patient visits

For more information on Portfolia, please fill out our contact form.

Did You Know?

Healthcare Fraud

In 2003, an insurance company paid a settlement of $470 million with more than 700,000 doctors who claimed in a class-action lawsuit that insurers inappropriately cut payments to them and interfered with their recommended treatment for patients.

Medical Business Associates, Inc. is a certifed MBE ("Minority Business Enterprise"), SDB ("Small Disadvantaged Business"), and WBE ("Women Business Enterprise").