MBProject - Our Vision, Our Mission

OUR VISION is to reduce healthcare costs by converting the immense savings made possible through digital payments into charitable resources... With over 41 million un-insured Americans and rising, do we have a choice? Will EDI deliver on its promise to decrease healthcare costs and thus improve access? A lot of people are depending on it - literally. Our nation's hospitals deliver some $24 billion annually and rising in uncompensated care and the number promises to escalate in concert with our growing un-insured/under-insured population.

MBProject believes that the American banking community is a latent and critical resource that will deliver on the EDI promise. No equivalent distribution resource has the potential to position EDI services among care-givers like our banking community.

Medical banking drives EDI-enabled workflow processes into the heart of our delivery system in a manner that permanently reduces operating costs...and empowers consumers to make far better healthcare choices! For example, “digitizing” claims resulted in streamlined operations mostly for insurance carriers. Digitizing remittances, however, not only sends a wave of processing efficiency back to the care-giver, but potentially opens up over $200 billion annually in non-productive medical A/R assets that are under-valued, or not valued at all by the banking community. In addition, new payment structures promise to simplify administration of charitable and faith-based funds and even revolutionize medical consumer credit practices.

The closer EDI-enabled functions move towards the care-giver and patient, the more likely savings will be funneled into charitable activities. Conversely, the further EDI-enabled processes move away from our medical delivery system, the more likely that the savings will be used for some other purpose. Defining best practices that integrate banking and healthcare systems, and improving the distribution of high value administrative technologies for care-givers - so they can in turn enhance and/or expand charitable efforts in communities across America - is a central concern at the Medical Banking Project.

>> John Q...Actor Denzel Washington depicts the rise of the uninsured in America today. While critics call the movie one-sided, it illustrates our growing reliance on charitable resources. A world event that dramatically underscored this need was 9/11.

OUR MISSION is to research, document and facilitate "medical banking convergence" or "the latent integration of banking infrastructure and credit resources with healthcare administrative operations"... Can we turn your attention to the good old days for just a moment? A central dynamic in medical banking can be characterized by values we once espoused as a society...values of trust...of "caring and neighborly folk just looking after each others good." Sound naive? Perhaps. Is this a worthy element to add to the community mission of a bank or hospital? Its probably already there. How has your organization chosen to enable it?

We believe that the next few years will be marked by a complete reversal of how we view the "under/uninsured" population. This is because of cost (i.e., $2.6 trillion by 2010) and the sheer size of this segment. Our vision is that "medical banking", supported by best practices in e-health/e-finance, will spearhead the formation of "charitable communities." We hope you'll join this cause if not for our vision, then to create viable IT/IS strategies that will transform medical banking services for governments, medical providers and consumers.