2233197
Project Grant
Overview
Grant Description
SBIR Phase I: Tackling healthcare's paradoxes: quality patient care, provider workflow, and data security - The broader impact / commercial potential of this Small Business Innovation Research (SBIR) Phase I project is to provide a new tool for physicians to potentially automate the preparation of insurance documentation and facilitate claim building which may help to lower provider costs and increase patient access to and quality of care.
Physicians can spend up to 50% of their time performing non-clinical tasks which have also been associated with physician burnout, a psychological condition known to result in medical errors, lower quality of care, higher costs, and overall poorer patient outcomes. The proposed innovation is a proprietary algorithm that leverages data to automate the completion of insurance form documentation. This new technology aims to resolve workflow bottlenecks and complement existing clinical workflows by delivering a simpler provider experience by streamlining the preparation of medical form documentation.
This Small Business Innovation Research (SBIR) Phase I project aims to develop a machine learning-enabled electronic medical record access toolset designed to automate and streamline the preparation of insurance form documentation. A major issue in the US healthcare system is the process through which healthcare providers seek reimbursement through health insurance companies. Filing claims and seeking prior authorizations on procedures or tests from insurance companies is a manual process that is slow and error-prone, often resulting in delays in treatment or even rejection, jeopardizing patient health, and resulting in higher costs.
Designed for physicians, the proposed technology will facilitate claim building using pre-trained natural language models to extract medical text and relationships from various inputs including patient and provider demographic information as well as payer information, clinical taxonomy, functional features, and relations.
This award reflects NSF's statutory mission and has been deemed worthy of support through evaluation using the Foundation's intellectual merit and broader impacts review criteria.
Physicians can spend up to 50% of their time performing non-clinical tasks which have also been associated with physician burnout, a psychological condition known to result in medical errors, lower quality of care, higher costs, and overall poorer patient outcomes. The proposed innovation is a proprietary algorithm that leverages data to automate the completion of insurance form documentation. This new technology aims to resolve workflow bottlenecks and complement existing clinical workflows by delivering a simpler provider experience by streamlining the preparation of medical form documentation.
This Small Business Innovation Research (SBIR) Phase I project aims to develop a machine learning-enabled electronic medical record access toolset designed to automate and streamline the preparation of insurance form documentation. A major issue in the US healthcare system is the process through which healthcare providers seek reimbursement through health insurance companies. Filing claims and seeking prior authorizations on procedures or tests from insurance companies is a manual process that is slow and error-prone, often resulting in delays in treatment or even rejection, jeopardizing patient health, and resulting in higher costs.
Designed for physicians, the proposed technology will facilitate claim building using pre-trained natural language models to extract medical text and relationships from various inputs including patient and provider demographic information as well as payer information, clinical taxonomy, functional features, and relations.
This award reflects NSF's statutory mission and has been deemed worthy of support through evaluation using the Foundation's intellectual merit and broader impacts review criteria.
Awardee
Funding Goals
THE GOAL OF THIS FUNDING OPPORTUNITY, "NSF SMALL BUSINESS INNOVATION RESEARCH (SBIR)/ SMALL BUSINESS TECHNOLOGY TRANSFER (STTR) PROGRAMS PHASE I", IS IDENTIFIED IN THE LINK: HTTPS://WWW.NSF.GOV/PUBLICATIONS/PUB_SUMM.JSP?ODS_KEY=NSF22551
Grant Program (CFDA)
Awarding Agency
Place of Performance
Houston,
Texas
77021-1001
United States
Geographic Scope
Single Zip Code
Related Opportunity
22-551
Analysis Notes
Amendment Since initial award the End Date has been extended from 04/30/24 to 10/31/24.
Paradocs Health was awarded
Project Grant 2233197
worth $275,000
from in May 2023 with work to be completed primarily in Houston Texas United States.
The grant
has a duration of 1 year 5 months and
was awarded through assistance program 47.084 NSF Technology, Innovation, and Partnerships.
SBIR Details
Research Type
SBIR Phase I
Title
SBIR Phase I:Tackling Healthcare’s Paradoxes: Quality Patient Care, Provider Workflow, and Data Security
Abstract
The broader impact /commercial potential of this Small Business Innovation Research (SBIR) Phase I project is to provide a new tool for physicians to potentially automate the preparation of insurance documentation and facilitate claim building which may help to lower provider costs and increase patient access to and quality of care. Physicians can spend up to 50% of their time performing non-clinical tasks which have also been associated with physician burnout, a psychological condition known to result in medical errors, lower quality of care, higher costs, and overall poorer patient outcomes. The proposed innovation is a proprietary algorithm that leverages data to automate the completion of insurance form documentation. This new technology aims to resolve workflow bottlenecks and complement existing clinical workflows by delivering a simpler provider experience by streamlining the preparation of medical form documentation._x000D_ _x000D_ This Small Business Innovation Research (SBIR) Phase I project aims to develop a machine learning-enabled electronic medical record access toolset designed to automate and streamline the preparation of insurance form documentation. A major issue in the US healthcare system is the process through which healthcare providers seek reimbursement through health insurance companies. Filing claims and seeking prior authorizations on procedures or tests from insurance companies is a manual process that is slow and error prone, often resulting in delays in treatment or even rejection, jeopardizing patient health, and resulting in higher costs. Designed for physicians, the proposed technology will facilitate claim building using pre-trained natural language models to extract medical text and relationships from various inputs including patient and provider demographic information as well as payer information, clinical taxonomy, functional features, and relations._x000D_ _x000D_ This award reflects NSF's statutory mission and has been deemed worthy of support through evaluation using the Foundation's intellectual merit and broader impacts review criteria.
Topic Code
DH
Solicitation Number
NSF 22-551
Status
(Ongoing)
Last Modified 7/8/24
Period of Performance
5/1/23
Start Date
10/31/24
End Date
Funding Split
$275.0K
Federal Obligation
$0.0
Non-Federal Obligation
$275.0K
Total Obligated
Activity Timeline
Transaction History
Modifications to 2233197
Additional Detail
Award ID FAIN
2233197
SAI Number
None
Award ID URI
SAI EXEMPT
Awardee Classifications
Small Business
Awarding Office
491503 TRANSLATIONAL IMPACTS
Funding Office
491503 TRANSLATIONAL IMPACTS
Awardee UEI
JNT9CNF2LHW5
Awardee CAGE
None
Performance District
TX-18
Senators
John Cornyn
Ted Cruz
Ted Cruz
Budget Funding
Federal Account | Budget Subfunction | Object Class | Total | Percentage |
---|---|---|---|---|
Research and Related Activities, National Science Foundation (049-0100) | General science and basic research | Grants, subsidies, and contributions (41.0) | $275,000 | 100% |
Modified: 7/8/24