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Health IT | News, Analysis, Insights - HIT Consultant

Study Reveals Current Landscape of FHIR Apps

by Syed Hamza Sohail 01/16/2023 Leave a Comment

Study Reveals Current Landscape of FHIR Apps

What You Should Know: - A study led by Regenstrief Institute Research Scientist Titus K. Schleyer, DMD, PhD, is among the first to survey the current landscape of FHIR® apps, providing a snapshot of how the innovative standard is used to enable the flow of health information - FHIR apps can pull in data from most electronic health record systems, facilitating secure movement of information when and where needed. Expanding the Horizon of Patient Data Security Via FHIR Apps FHIR,
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43% of Consumers Spend Up To A Month Correcting Billing Errors

by Syed Hamza Sohail 01/16/2023 Leave a Comment

43% of Consumers Spend up to a Month Correcting Billing Errors

What You Should Know: - In the online survey administered to 800 U.S. consumers who had found at least one medical billing error in the last five years, 41% of the consumers are significantly frustrated trying to address billing errors.   - Zelis, a company modernizing the business of healthcare, announced findings from a new study on consumer billing conducted in partnership with Hanover Research, an independent research firm. The full results and insights are featured in the
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Why EHR Data Is Key to Gathering More Accurate Medical Assessments

by Jake Hochberg, Executive Director, Customer Insights at Arcadia 01/16/2023 Leave a Comment

Why EHR Data Is Key to Gathering More Accurate Medical Assessments

Patient data in electronic health records (EHRs) holds a wealth of insights that can enable health systems to better serve their patient populations.   However, data from EHRs is challenging because this data is messy due to the lack of standardization in how clinical data is collected, and often times valuable information is buried in unstructured fields such as notes. Additionally, EHR data is disconnected from EHR data at other sites of care resulting in an incomplete view of the
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Digital Maturity Is Six Steps Away. How Close Is Your Healthcare Organization?

by Chris Byers, CEO of Formstack 01/16/2023 Leave a Comment

Digital Maturity Is Six Steps Away. How Close Is Your Healthcare Organization?

The healthcare industry dragged sorely behind other industries in digital maturity just three years ago, according to McKinsey. Then, the pandemic shifted priorities and accelerated the progress of digital transformation by several years. No industry felt this shift as strongly as healthcare. With the rapid increase in telehealth appointments and remote care necessities, medical institutions faced the challenge of making several years’ worth of virtual enhancements in just a few months — if not
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5 Executive Healthcare Cybersecurity Predictions to Watch in 2023

by Jasmine Pennic 01/14/2023 Leave a Comment

5 Executive Healthcare Cybersecurity Predictions to Watch in 2023

Irfan Shakeel, VP of Training and Certification Services, OPSWAT Cyberattacks on the healthcare industry will continue to increase: The healthcare industry is most vulnerable to cyberattacks, which makes it a lucrative target for cybercriminals; attacks on the healthcare industry have grown significantly in 2022, and attacks will even go further in 2023. According to IBM, healthcare breaches cost the most at $9.23 million per incident. And, most importantly, cyberattacks not only affect human
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The Important Role of Community Pharmacy in 2023

by Lindsay Dymowski, President at Centennial Pharmacy Services 01/13/2023 Leave a Comment

The Important Role of Community Pharmacy in 2023

The healthcare landscape continues to shift as we emerge from an uncertain and continuously-evolving pandemic. Technology is playing a vital role in giving people access to necessary services and, as a part of this technology shift, community pharmacies are stepping up in order to better serve the public.  Pharmacies in America were once little more than glorified convenience stores, where one could pick up anything from dishwashing detergent to a Twix bar (and stop and get their
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Healthcare Payment Integrity: Insourcing vs. Outsourcing

by Steve Lang, Senior Vice President, SyTrue 01/13/2023 Leave a Comment

Healthcare Payment Integrity: Insourcing vs. Outsourcing

Faced with shifting regulations, growing administrative complexity, high-dollar claims, and the looming potential of audits, payment integrity is an increasingly important priority for payers. Payers realize that when they make the correct payments to providers initially, they increase trust, reduce provider abrasion, and lower appeal rates. Traditionally, many health plans have outsourced payment integrity work to vendors who perform reviews, and then return the results to those health
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Transcarent Taps The Clinic by Cleveland Clinic to Offer Employees Expect Second Opinions

by Jasmine Pennic 01/13/2023 Leave a Comment

The Clinic by Cleveland Clinic

What You Should Know: - Transcarent, a health and care experience company that makes it easy to access high quality, affordable care, and aligns with the companies who pay for care, announced a new collaboration with The Clinic by Cleveland Clinic (The Clinic) that enables Transcarent Members and their families to access The Clinic’s expert second opinions.  -
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M&A: Alpine Investors Acquires RCM Services Provider Medusind

by Jasmine Pennic 01/13/2023 Leave a Comment

M&A: Alpine Investors Acquires RCM Services Provider Medusind

What You Should Know: - Alpine Investors, a people-driven private equity fund, announced that it has acquired Medusind, a provider of revenue cycle management services to the healthcare industry. - Jose Rivero, an Alpine CEO-in-Residence and part of the firm’s PeopleFirst program, has assumed the role of CEO of Medusind. Terms of the private transaction were not disclosed. Medusind Background Founded in 2002, Medusind provides deep expertise and powerful revenue cycle
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17 Executive Hospital/Health System Predictions to Watch in 2023

by Fred Pennic 01/12/2023 Leave a Comment

6 Executive Health Data Predictions to Watch in 2023

Vijay Kedar, Co-Founder and CEO at Tomorrow Health Health systems will realize their challenges are not transitory but systemic: This year saw health systems facing a myriad of compounding threats – from historic inflation exacerbating their cost structures, front-line clinician burnout driving widespread labor shortages, and increased capacity issues that left patients in hospital facilities one full day longer than in the prior year. As the financial markets turned south, many institutions
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