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Health IT | News, Analysis, Insights - HIT Consultant

Healthcare Analytics Market to Reach $18.7B by 2020

by HITC Staff 08/20/2015 Leave a Comment

Healthcare Analytics Market Market, Healthcare Natural Language Processing Market

The global healthcare analytics market is expected to reach $18.7 Billion by 2020 from $5.8 Billion in 2015, according to a new market research report by MarketsandMarkets. Among end users, the healthcare providers segment is expected to grow at the highest CAGR during this forecast period. The demand in this market is highly driven by federal mandates such as the implementation of EHRs and ICD-10 code sets, shift towards value-based medicine, and the increased focus on quality care and reduced
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Leidos Awarded $900M U.S. Army Medical Research Contract

by HITC Staff 08/19/2015 Leave a Comment

After winning the DoD EHR Modernization contract with Cerner, Leidos has been awarded a prime contract by the U.S. Army to provide medical product and research development to the U.S. Army Medical Research and Materiel Command (USAMRMC). The USAMRMC develops, acquires, provides, and sustains world-class solutions and capabilities to enable medical readiness globally.The multiple-award indefinite-delivery/indefinite-quantity contract has a five-year base period of performance, five-one year
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5 Reasons Why Physicians Are Frustrated with EHR Adoption

by Dr Saif Abed 08/19/2015 1 Comment

EHR Optimization EHRs Meaningful Use Stage 3_Ambulatory EHR_Specialty-Driven EHRs

EHR adoption is inevitable for healthcare, but physicians are increasingly frustrated. It's time we asked why. Whether it's the UK, US or Middle East it's clear that EHR systems are the future of healthcare. However, endless reports show that clinicians are increasingly unhappy with what they're being given and it's impacting technology adoption and eventually patient care. So what's going wrong? 1. Workflow Issues One of the biggest issues with EHR systems is that they often
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New OR Workflows Helps Reduce $5 Billion in Supply Chain Waste

by Fred Pennic 08/18/2015 Leave a Comment

Every year, more than $5 billion is wasted on expired, lost or uncaptured medical device and implantable charges. While this supply chain waste is pervasive throughout entire health systems, the intricacy of managing high-value items is exceptionally demanding in the operating room (OR). To help address waste in the OR, Cardinal Health Inventory Management (CIMS) has launched new, cloud-based automated workflow modules for challenging-to-manage inventory such as biological implants, sutures, and
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Practice Fusion Appoints Interim CEO, Replacing Ryan Howard to Drive Next Phase of Growth

by HITC Staff 08/17/2015 Leave a Comment

Practice Fusion, a cloud-based EHR platform for doctors and patients has appointed Tom Langan, the current chief commercial officer, as interim CEO of the company, replacing Ryan Howard who will assume the position of Chairman of the Board. While the move to replace Howard seems abrupt, the Board of Directors felt the leadership transition was the best step to help the company accelerate commercial growth of its EHR platform. Tom Langan joined Practice Fusion from Symphony Health Solutions,
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Infographic: Healthcare IT’s Transformation Journey

by HITC Staff 08/14/2015 Leave a Comment

The need to reduce costs while caring for an aging population has led to sweeping changes in everything from how patients choose insurers to how doctors are reimbursed and medical records are stored and shared. As a result, the pressures on today’s healthcare CIOs and the data centers they manage are building. Mergers and acquisitions are packing more technology into tighter spaces, growing computational demands are creating crowded equipment racks, and staggering power and cooling requirements
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Emdeon Closes $910M Acquisition of Altegra Health

by HITC Staff 08/14/2015 Leave a Comment

Emdeon Launches First Ever Testing Exchange Solution for ICD-10 Claims

Emdeon Inc. has closed its $910M acquisition of Altegra Health, a national provider of technology and intervention platforms that combine data aggregation and analytics with unique member engagement and reporting capabilities to achieve actionable insights and improved management for value-based healthcare. The acquisition combines Altegra Health’s risk adjustment and quality analytics platform with Emdeon’s Intelligent Healthcare Network™, revenue cycle technology and payment solutions,
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Healthcare Natural Language Processing Market to Reach $2.67B by 2020

by Jasmine Pennic 08/13/2015 Leave a Comment

Healthcare Analytics Market Market, Healthcare Natural Language Processing Market

The global healthcare Natural Language Processing (NLP) market is expected to grow from $1.10 billion in 2015 to $2.67 billion by 2020, at a CAGR of 19.2%. According to a new market research report, "Natural Language Processing Market for Health Care and Life Sciences Industry by Type (Rule-Based, Statistical, and Hybrid NLP Solutions) - Worldwide Forecast and Analysis to 2015 - 2020", published by MarketsandMarkets, NLP technologies are gaining traction in healthcare and life sciences industry
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Accenture, Duke Collaborate on Healthcare Analytics Research

by HITC Staff 08/13/2015 Leave a Comment

Accenture and TPP Complete First Phase of Digitizing Patient Records

Accenture and Duke University have formed an alliance focused on jointly developing new advanced analytics solutions to address real-world, client-specific business challenges. The Accenture and Duke University Analytics Research Program, which will have an initial focus on healthcare analytics research, aims to bring together data, modeling and analysis to achieve sustainable business and patient outcomes. The relationship combines Accenture’s industry and analytics expertise with Duke
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Zobreus Launches Mobile Patient-Oriented EMR for Patients and Doctors

by HITC Staff 08/13/2015 Leave a Comment

After successfully raising over $50k on Kickstarter campaign, Zobreus Medical Corporation announces that it has launched the Patient-Oriented Electronic Medical (POEM) Record™ v1.0 now available in the Apple App Store. The POEM Record™ allows patients to manage and control all of their healthcare data in a structured, mobile EMR so that the information is easily accessible to them and their doctors as needed. POEM Overview Unlike other patient health records, the POEM Record™ organizes
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