Editor's Note: Scott Ciccarelli, CEO SRS Health, a provider of EHR/EMR, PM, and PACS software solutions for high-performance medical practices. Ciccarelli has 20 years of diverse management and operations experience garnered as a senior executive at GE, where he headed two of the company’s businesses—most recently, GE Healthcare’s Services, Ambulatory and Revenue Cycle Solutions.People perform better if they have a vested interest in the outcome of a given situation. Employees who are given an
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How Personalized Patient Care is Brokering a Reset in Payer-Provider Relationships
For better or for worse, patients increasingly call the shots in the healthcare arena. Yes, they’re paying more for care. But with the emergence of telehealth and personalized therapies, patients also have more care options. To meet their expectations, both payers and providers must have access to personalized information about the patient. And they can best get this by working with instead of against each other.Specifically, insurers and providers must collaboratively approach the patient both
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NHIT Week: Reflecting on Health IT’s Transformation of Healthcare
As we celebrate National Health IT Week, it is incredible to realize how health technology tools are transforming every facet of patient care. From telehealth, to 3D printers to artificial intelligence, the explosion of personalized health devices redefines the dynamics of patient treatment and interactions.However, we still fall short in comparison to other industries, particularly in terms of consistent patient information access, and the lack of incentive for industry collaboration to achieve
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How Wearable Technology Can Enhance Long Term Patient Care
Wearable technologies have been widely adopted by consumers to measure and track aspects of health. Bracelets can track steps and calorie burn, clothing can measure heart rate and VO2 levels. While adoption is slower in clinical settings some health care organizations have begun to integrate wearable technologies into patient care to create more opportunities for e-health programs and to create new data availability.Some wearable technologies developed for the healthcare sector are designed to
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The Digitization Of Healthcare Is A One-Way Street
Healthcare is about a lot of things.As a patient, it is about receiving a personalized care, according to his needs. Though the healthcare system strives to put the patient on the center, reality is still far away from this.In fact, Healthcare is nowadays facing a double challenge: improving its services to offer a better care while reducing costs and optimizing resources. As governments struggle to prevent an escalation on health expenditure, it becomes more and more necessary a more efficient
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How Predictive Analytics Brings Operational Clarity to Healthcare
The healthcare industry is grappling with a perfect storm of critical issues, each with the ability to negatively affect the access to and the quality of patient care. These issues include the lingering uncertainty regarding the fate of the Affordable Care Act and how Americans receive and pay for their healthcare. Another is the growing trend of industry consolidation, as it becomes increasingly challenging for small hospitals to compete in today’s environment. However, research shows that
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10 Best Practices for Executing Successful M&A Deals in Healthcare IT
Over the past couple of years, there have been around 200 merger and acquisition (M&A) deals in the healthcare IT space, driven by high enterprise value and the sheer size of the industry. 49 deals came together in the first quarter of this year alone. These numbers make health IT the highest performing industry in terms of M&A activity in the consumer and retail space, and the second highest in the infrastructure/industrial space.Between 2018 and 2019, we will see an insatiable need for
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Why Healthcare Organizations Need to Leverage Enterprise Data Lakes
As the so-called “oil of the twenty-first century,” there is little doubt that data is the crown jewel of the digital economy. The Internet of Things is poised not only to shake up individual industries, but to bring them together like never before with the promise of hyper connected, ultra personalized experiences. And for consumers, one particular application of IoT is perhaps the most intriguing: the impact of connected devices on health and healthcare. Indeed, McKinsey has projected a $11.1
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6 Questions for Providers Moving Their Health IT System to the Cloud
The last time you made a difficult decision, chances are you engaged in some form of a process called the 5 W’s, or maybe the 5W’s and Sometimes How, or 5W+1H … maybe 6 W’s.Right. So, what the process lacks in an agreed-upon name it makes up for with the logical consistency of directed, relevant questions: Who? What? When? Where? Why? How? It’s a process journalists often use consciously in writing articles, and it comes in handy for non-journalists when the goal is breaking down options and
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3 Ways MACRA is Changing Physician Payment in Medicare
The entry of the MACRA proposed rule, a little more than a year back, flagged a solid and remarkable consent to move towards esteem-based care, yet up to this point, a hefty portion of the subtle elements encompassing how it would be executed stayed obscure.In any case, a week ago, CMS discharged about 1,000 pages that shed light on how a doctor can improve their payments by following MACRA proposed rule.History Before MACRA proposed rule was introduced, specialists were paid for giving
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