The North American health IT market is expected to reach $104 billion by 2020 at a CAGR of 13.5% during the forecast period of 2015 to 2020, according to a recent report by MarketsandMarkets. A majority of this growth is attributed to the growing adoption of various healthcare IT solutions by healthcare providers in order to meet the heightened regulatory requirements for patient care and safety, increasing need to curtail the soaring healthcare costs, and growing need to improve the quality of
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Health IT | News, Analysis, Insights - HIT Consultant
Georgia Connects With Alabama to Support Health Information Exchange
Georgia Health Information Network (GaHIN), Georgia's statewide health information exchange (HIE), and Alabama's One Health Record® today announced the success of an electronic connection between the two networks. This is the second state-to-state health information exchange (HIE) connection for GaHIN, which connected with the South Carolina HIE in 2014, and is one of only a few interstate connections in the nation.
"Healthcare doesn't stop at the state line, so we need to ensure that
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Physician Practice Guide to Accurate EHR Software Pricing
The expected benefits of any EHR systems are to improve patient care, lower administrative costs and improve billings and collections. The primary measures of effectiveness are:
- The claims collection rate;
- The number of patient visits per day;
- The amount of time spent managing faxes and paper charts and
- The direct costs of paper charts (cost of materials, storage, destruction etc.).
EHR system costs will vary widely and depend primarily on the size of the physician
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Verisk Analytics to Sell Its Healthcare Business, Could Sell for $1B
Verisk Analytics (Nasdaq:VRSK), a data analytics provider serving customers in insurance, energy, healthcare, financial services, government, and risk management has hired Morgan Stanley to sell Verisk Health, its healthcare division, according to three industry bankers, The Deal reports. Bankers estimate that Verisk Health sale could pull in between $900 million to $1.08 billion. The sales process is reportedly in the early stages and bankers have noted that the company's breadth of offerings
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Geisinger Health System to Utilize Cerner’s HealtheIntent PHM Platform
Geisinger Health System has announced it will collaborate with Cerner to use Cerner'sHealtheIntent℠ population health management platform to further extend Geisinger's data-driven population health capabilities. In a proof-of-concept project, Geisinger leveraged HealtheIntent's system-agnostic platform that normalizes data from any source, to aggregate clinical and financial data from its core EHR and other sources, such as its insurance company.
Coming off the heels of the positive proof of
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Philips, Genomic Health Partner to Utilize Innovative Digital Pathology
Royal Philips has announced a collaboration with Genomic Health, Inc., a provider of genomic-based diagnostic tests, to leverage Philips digital pathology tools in Genomic Health’s continuing scale up of its molecular diagnostic testing processes. Pathology involves the examination of patient tissue samples and plays a crucial role in the diagnosis and treatment of a wide variety of diseases, including cancer. Pathologic evaluation of tumor tissue specimens is a critical step in the genomic
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Cerner Unveils HL7 FHIR-based API to Integrate EHR Data with 3rd-Party Apps
Cerner, a global leader in health care technology, has unveiled a production version of HL7’s FHIR standard that is being tested in the Cerner Millennium electronic health record (EHR).
“This next-generation standards framework enables health care organizations to utilize Cerner’s open platform, which is designed to enable third-party innovators to advance care delivery and improve interoperability capabilities with other FHIR-compliant EHR systems,” said Dr. David McCallie, senior vice
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Frustrated Primary Care Doc Shares 9 Ways ICD-10 Impacted Patient Care
It’s been a full week since the ICD-10 compliance date took effect on 10/1. So how do doctors feel about patient care impact of ICD-10? SERMO, a social media network exclusively for doctors, asked members if the transition is taking their time away from patient care and the numbers overwhelmingly showed that it is. Out of nearly 200 members who responded to the poll, 86% stated it has impacted patient care while only 14% said it has not.
Here are some more insights provided by some of the
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ONC Unveils Final Nationwide Interoperability Roadmap
On Tuesday, the ONC issued the final Shared Nationwide Interoperability Roadmap version 1.0 that outlines a clear path to catalyze the collaboration of stakeholders who are going to build and use the health IT infrastructure. The initial draft was released in January 2015 and received over 250 comments including input 25 federal partners, 90 individuals from 38 states from across the nation and the ONC Federal Advisory Committees (FACAs), which were incorporated into the finalized roadmap. The
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The Evolution of E-Prescribing: 10 Years of Interoperability
While the successful achievement of industry interoperability has been given a 10 year window by the ONC, we luckily don’t have to wait that long -- or at all -- to see health IT interoperability in action. Electronic prescribing is the perfect example of successful interoperability happening right now, and in honor of National Health IT Week, e-prescribing platform Surescripts has created an infographic illustrating the evolution of electronic prescribing.
Here are a few milestones of
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