The revenue cycle management market currently valued at $20.5 billion is estimated to reach $40.4 billion by 2021, at a developing CAGR of 12.0% from 2016 to 2021, according to a new report from MicroMarketMonitor. Revenue cycle management starts when a patient enters the hospital, thereby automating business processes and leading to speedy follow ups, which encompasses patient and payer follow-ups. Errors in revenue cycle management results in between a 3% to 5% loss of revenues in
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Health IT | News, Analysis, Insights - HIT Consultant
DRG Launches Real World Evidence Repository of Claims, EHR data
Decision Resources Group (DRG), a provider of healthcare analytics, data and insight products has launched a Real World Evidence (RWE) repository of claims and EHR data that provides insight to over 90% of the U.S. healthcare system. The RWE data asset derives from multiple data providers in the U.S. and comprises patient, healthcare professional and payer level analysis.The DRG RWE repository covers:- 240M unique U.S. patients with over 5 years of historical data- 3.2B medical and pharmacy
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Can Middleware Replace HIEs and Solve EHR Interoperability?
Editor's Note: Dr. Donald Voltz is a board-certified anesthesiologist, researcher, medical educator, and entrepreneur. The Office of the National Coordinator for Health Information Technology (ONC) is once again asking the health care community for its thoughts on establishing metrics to determine if or to the extent to which electronic health records are interoperable. The push to achieve interoperability is in response to last year’s mandate by Congress, contained in the Medicare Access and
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IBM Watson, ODH Launch Population Health Management Platform to Transform Behavioral Healthcare
Behavioral health analytics provider ODH, Inc. and IBM Watson Health are teaming up to launch Mentrics, a population health management platform designed to help managed care organizations transform the quality and cost of behavioral healthcare. The platform is built specifically for managed care organizations that handle behavioral health benefits. Mentrics will streamline data and care coordination while generating valuable insights to help optimize care for patients with behavioral health
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Cumberland Consulting Group Launches Legacy System Data Management Services
Nashville, TN-based health IT consulting firm Cumberland Consulting Group, today announced the launch of legacy system data management services powered by Trinisys, a healthcare data automation and integration solutions platform. This new offering combines trusted advisory consulting services with an innovative data-archiving platform to help providers successfully manage enterprise healthcare information technology (HIT) conversion projects.“As organizations implement or inherit new HIT
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New Hampshire’s Digital Exchange Taps TigerText for Secure Messaging Platform
New Hampshire Health Information Organization (NHHIO), New Hampshire’s network for the digital exchange of patient health information, has selected TigerText as a secure messaging provider. NHHIO will leverage TigerText’s messaging platform to securely connect the New Hampshire healthcare community and streamline patient care and data sharing. NHHIO is a non-profit organization in New Hampshire facilitating the secure sharing and transmitting of protected health information (PHI) between health
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Greenway Health Appoints Scott Zimmerman New CEO
Greenway Health, a provider of physician practice-focused health IT solutions, announced that it has appointed Scott Zimmerman as its new Chief Executive Officer. Tee Green, co-founder and former CEO of Greenway Health, will remain in an active, full-time role as Executive Chairman, focusing on innovation and growth initiatives.Under his leadership, Greenway is preparing to launch several new and enhanced product and service offerings to the market, such as population health management,
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Mount Sinai Joins OpenNotes Initiative Allowing Patients Access to Clinical Notes
Mount Sinai Health System has launched OpenNotes Initiative that allows patients electronic access to their provider’s notes in their medical records, at the East 102nd Street and East 85th Street Primary Care Associates of the Mount Sinai Doctors Faculty Practice offices. OpenNotes aims to provide the highest quality care possible by increasing transparency, communication, and trust between patients and physicians.Four Mount Sinai physicians in various clinical practices conducted the initial
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ColumbiaDoctors Taps DocASAP for Online Scheduling Platform to Engage Patients
ColumbiaDoctors, a multi-specialty faculty practice organization comprising providers of Columbia University Medical Center in New York City, has selected the DocASAP platform to provide its patients with advanced online scheduling capabilities. DocASAP is a patient access, engagement and online scheduling platform for health systems and provider networks.As part of the agreement, ColumbiaDoctors will leverage the DocASAP platform to attract new patients and continue engaging them to increase
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naviHealth to Acquire Curaspan: 4 Key Things to Know
naviHealth, Inc., a Cardinal Health company, has entered into an agreement to acquire Curaspan Health Group, Inc., a privately held provider of care transition tools for hospitals and post-acute healthcare providers. Curaspan’s integrated workflow solution helps enable seamless transitions of care for patients throughout the acute and post-acute continuum. Financial details of the acquisition were not disclosed. Here are four key things to know about the acquisition: 1. The acquisition will help
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