Health plans are struggling with value-based reimbursement (VBR) due to internal and external barriers are hampering payers’ adoption of value-based programs, according to a new survey by HealthEdge and Survata. The survey reveals that for payers to have a significant chance at success with VBR programs, they must have modern and flexible technology systems that can easily collect and share data, quickly test and model new programs, and are designed to build more trust among providers of all
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Health IT | News, Analysis, Insights - HIT Consultant
IBM Watson Health Invests $50M in AI to Tackle Public Health Issues
IBM Watson Health announced plans to make a 10-year, $50 million investment in joint research collaborations to advance the use of artificial intelligence (AI) to tackle public health issues. Brigham and Women’s Hospital – the teaching hospital of Harvard Medical School – and Vanderbilt University Medical Center have been selected as joint research partners. AI Research Focus AreasThe initial areas of study are expected to include the use of AI to improve the utility of electronic health records
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HIMSS19 Day 2 Announcements & Summary
Accenture: Millenials & Gen Z Are Shifting to Virtual, Retail, Clinic, Digital CareMillennial and Gen Z consumers in the U.S. are rapidly adopting non-traditional care models, such as retail clinics, virtual and digital services, according to results of an Accenture survey of 2,000 consumers.Key findings of the survey study include:- When considering traditional in-person care, millennials (ages 22 to 38 in 2019) were two to three times more likely than baby boomers (ages 55 to 73) to be
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Only 10% of Patients Prefer Secure Texting Over Patient Portal Communication
According to a new survey released today, only 10 percent of patients prefer to receive physician communications via patient portals, whereas twice that many (19.6 percent) favor receiving information via secure text messages when in-person and phone calls are not an option. The new survey, conducted by DrFirst, also reveals that more than 90 percent of respondents would like the ability to communicate via secure text messaging with a family member’s care team if that loved one were ill.Key
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MediQuant Acquires EMR Data Conversion Firm HeF Solutions
MediQuant, an Ohio-based provider of enterprise active archiving solutions to hospitals and health systems, announced today that it has executed a purchase contract for HeF Solutions, a healthcare technology firm specializing in electronic medical records (EMR) data conversions, legacy data archival and technical services that support needed access to clinical records.The acquisition of HeF Solutions deepens MediQuant’s data conversion services, expanding the tools, resources and capabilities
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Philips launches IntelliSpace Epidemiology Solution to Detect HAIs
Philips has announced the launch of IntelliSpace Epidemiology, a solution that optimizes the detection of healthcare-associated infections (HAIs) in the hospital. Philips Epidemiology is a single, integrated system that combines clinical informatics, bioinformatics, and genome sequencing information. Hosted on Philips HealthSuite, IntelliSpace Epidemiology will leverage deep learning and clinical analytics to genetically fingerprint pathogens and track infection transmissions quickly, as well as
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Change Healthcare Unveils Claims Lifecycle Artificial Intelligence
Change Healthcare today announced Claims Lifecycle Artificial Intelligence, a new capability being integrated into the company’s Intelligent Healthcare Network and financial solutions, to help providers and payers optimize the entire claims processing lifecycle.Claims Lifecycle AI OverviewThis Change Healthcare Claims Lifecycle AI service is trained on more than 500 million service lines making up over 205 million unique claims that touch $268 billion in charges. The service leverages the
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HIMSS19 Day 1 Announcements & Summary
HHS Proposes New Rules to Improve the Interoperability of Electronic Health Information (HHS) today proposed new rules to support seamless and secure access, exchange, and use of electronic health information. The rules, issued by the Centers for Medicare & Medicaid Services (CMS) and the Office of the National Coordinator for Health Information Technology (ONC), would increase choice and competition while fostering innovation that promotes patient access to and control over their health
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HHS Proposes New Interoperability Rules to Publicly Report “Information Blocking”
The U.S. Department of Health and Human Services (HHS) today proposed new rules to support seamless and secure access, exchange, and use of electronic health information. The rules, issued by the Centers for Medicare & Medicaid Services (CMS) and the Office of the National Coordinator for Health Information Technology (ONC), would increase choice and competition while fostering innovation that promotes patient access to and control over their health information. The proposed ONC rule would
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Providence St. Joseph Health Acquires Blockchain-Powered Revenue Cycle Platform Lumedic
Providence St. Joseph Health, one of the nation's largest health systems, today has acquired Lumedic, a next-generation revenue cycle management platform powered by blockchain technology. Providence St. Joseph Health will be the first integrated provider-payer system to establish a scalable blockchain platform to transform claims processing and enhance interoperability between providers and payers.Optimizing Revenue Cycle ManagementReducing inefficiencies in revenue cycle management (RCM) has
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