In the fast-paced world of healthcare, data archiving is often underestimated and misunderstood, leading to costly mistakes and challenges for hospitals and health systems.
Imagine this common scenario: You've chosen an archiving vendor based on the lowest price and quickest timeline. However, as your project approaches the go-live date and legacy system decommissioning, you discover missing data and images in the archive. This setback adds an extra 90 days to your timeline, forcing you
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Health IT | News, Analysis, Insights - HIT Consultant
M&A: Novant Health Acquires 3 Tenet Hospitals in South Carolina for $2.4B
What You Should Know:
- In a significant move to expand its presence in South Carolina, Novant Health has announced the acquisition of three Tenet Healthcare hospitals and affiliated operations for approximately $2.4B. The deal, which is expected to close early next year, will bring Hilton Head Hospital, Coastal Carolina Hospital, and East Cooper Medical Center under the Novant Health umbrella.
-This strategic acquisition aligns with Novant Health's long-term vision to enhance healthcare
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Inovalon Launches Converged Analytics Benchmarking for Health Plans
Inovalon, a provider of cloud-based software solutions for healthcare launches Converged Analytics Benchmarking, a revolutionary solution that empowers health plans to make data-driven decisions and improve their quality outcomes in real-time. This first-of-its-kind benchmarking solution provides health plans with current monthly insight into their relevant national and state quality measure performance while still within the respective measurement period.
Real-Time Insights for Data-Driven
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Healthcare Landscape 2023: Navigating the Shifting Sands of Physician Collectives, Reimbursement Rates, and Regulatory Ripples
In the vast tapestry of the healthcare industry, certain years stand out as watershed moments. The year 2023 is shaping up to be one such pivotal year, marked by profound shifts and emerging trends.
Rise of the Physician Collectives
One significant transformation I've keenly observed is the enhanced stature and influence of small to medium-sized physician collectives. Historically relegated to the sidelines, these groups have now carved out a pivotal role for themselves. Why this sudden
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Mobile Pay Revolutionizes Specialty Groups: Unlock the Data-Driven Potential
It’s no surprise that healthcare is doubling down on software investments for healthcare revenue cycle, including software with an AI component, like predictive analytics. What’s unique is that right-now value from AI in revenue cycle is happening outside the walls of a healthcare facility or medical practice. In fact, it’s originating from the device patients use most: their smartphone.
For specialty groups in particular, the ability to successfully engage patients in their financial
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Health Hacks Aren’t Just Expensive – They’re Detrimental to Patient Care
Healthcare remains firmly in hacker crosshairs. A recent survey finds that four out of five healthcare operators in the past year experienced at least one cybersecurity incident. Adding to the concern, 60 percent of those incidents had a “moderate or substantial” impact on patient care, and an additional 15% reported a “severe” impact.
The repercussions of a health hack extend far beyond financial losses. This makes it all the more important to secure health networks and devices to keep out
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eHealth Exchange Accelerates HL7 FHIR Adoption with New Incentive Program
What You Should Know:
- eHealth Exchange, a health information network (HIE), has announced a new incentive program aimed at encouraging healthcare providers and payers to adopt Networked FHIR.
- This program will waive annual fees for the first 15 non-federal healthcare providers or health information exchanges (HIEs) and the first three healthcare payers who successfully exchange patient data using Da Vinci specifications.
Incentive Program for Networked FHIR
Networked FHIR is a
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GDIT Awarded $63M Contract to Modernize Alabama’s Medicaid Program
What You Should Know:
- General Dynamics Information Technology (GDIT) has been awarded a $63M contract by the Alabama Medicaid Agency to modernize the state's Medicaid program. The contract has a base period of two years with three two-year options, allowing for a potential total period of seven years.
- The contract will help the agency to streamline processes, enhance data interoperability, and improve overall service delivery for Alabama Medicaid beneficiaries.
Modernization
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Healthcare Embraces Generative AI: 70% of Organizations Actively Explore its Revenue Cycle Potential
What You Should Know:
- AKASA, a leading developer of AI-powered automation for the revenue cycle, released new survey results showing that more than 70 percent of healthcare organizations are actively considering the use of generative AI.
- In the same survey of more than 250 CFOs and financial leaders at health systems and hospitals across the U.S., nearly 60% percent of respondents indicated they are actively considering these new technologies for their revenue cycle
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Evolving Clinical Decision Support: A Guide to Discovery-Driven Transformation in Healthcare
Healthcare is undergoing dramatic shifts, including increasing demands on caregivers, changes in care settings (particularly after the pandemic), and technology advancements, to name a few. These changes are influencing the way clinical decision support (CDS) resources and tools are designed and delivered.
Four systemic shifts that are fundamental to CDS resource development are:
Changes in who is making care decisions.More choice and variety in how and where patients are being
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