Meaningful Use audits could recover $33M in EHR incentives, according to data from the HHS published in a recent Health Security Solutions infographic below. Although the precise reason for failure is not included in the dataset, there is reason to believe from strong anecdotal evidence that failure to conduct an adequate risk analysis is the most common reason entities fail their MU audits.
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Health IT | News, Analysis, Insights - HIT Consultant
AMA Policy Calls for Removal of Meaningful Use Penalties
The American Medical Association (AMA) approved a new policy urging the calling for Meaningful Use penalties to be halted. The AMA has joined other healthcare leaders and policymakers in urging CMS to to add more flexibility to the Meaningful Use program and shorten the reporting period to help physicians avoid penalties. According to new attestation numbers, only 2 percent of physicians have successfully demonstrated MU Stage 2 requirements.
"The AMA has been calling for policymakers to
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Specialty EMR Provider, Modernizing Medicine Raises $15M
Cloud based, specialty-specific EMR provider, Modernizing Medicine has announced that it has closed $15M of an expected $20M in venture capital funding led by Summit Partners and Pentland Group. Many of the company's investors are medical specialists who use EMA bringing its total funding to $44M. The EMR provider currently serving eight different medical specialties, more than 4,000 providers have adopted Modernizing Medicine’s EMA in their practices.
Developed by surgical physicians, EMA
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TigerText Integrates With MobileIron to Enhance Secure Messaging
Secure messaging provider TigerText today announced an integration partnership with mobile device management provider,MobileIron. As part of MobileIron's AppConnect Ecosystem, IT departments can now instantly push the TigerText app to thousands of employees' devices and manage access using MobileIron's console, while end users can start securely texting in just a few easy steps.
With hundreds of health systems using MobileIron to manage their employee's mobile apps and services, this
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Validic’s CTO Talks the Value of Open Data in Healthcare
The future of harnessing inteoperability and open data in healthcare is promising if you’re open to embracing it. Validic's Drew Schiller explains why.
The tsunami that is big data is cresting in healthcare right now. While that wave is on the horizon, healthcare providers are scrambling to figure out how they are going to survive the surge and ride the tide to their benefit. Let’s remove the poetic metaphor for a moment and talk about the reality of what’s needed to achieve that ideal: what
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Health IT in India: Providers Expected to Spend $1.1B in 2014
Healthcare providers are expected to spend $1.1 billion dollars on health IT products and services in India, a five percent increase over 2013, according to Gartner. The report forecast includes health IT products and services spending by healthcare providers (includes hospitals and hospital systems, as well as ambulatory service and physicians' practices) on internal services, software, IT services, data center, devices and telecom services.
Key Findings
- IT Services, which includes
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Report: 61% of Struggling Hospital CFOs Expect to Be Fired by 2016
61 percent of hospital chief financial officers (CFOs) and business managers in "struggling" hospitals expect to be fired by 2016 due to outdated revenue cycle management solutions, according to a recent Black Book report. The report reveals hospital CFOs could potentially lose their jobs because their outdated revenue cycle management software, staff, and solutions were powerlessly stuck in fee for service mode too long. CFOs self identified as "struggling financially" believe they must
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CDISC and HIMSS Collaborate To Enable HIT Interoperability
CDISC and HIMSS collaborate to foster the adoption of standards to enable the interoperability of health IT systems.
Recognizing the importance of and need for effective reuse of data in electronic health records (EHRs) for research purposes, the Clinical Data Interchange Standards Consortium (CDISC) and HIMSS extend their existing and long-standing relationship and, in collaboration with Integrating the Healthcare Enterprise (IHE) USA, work together to foster the adoption of standards to
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6 Metrics to Improve Hospital Revenue Cycle ROI
Lindy Benton, CEO of MEA|NEA, provides six key metrics to improve the ROI of a hospital revenue cycle management program to get cash in faster with less effort.
Revenue cycle management (RCM) is the process that manages claims processing, payment and revenue generation, and often entails the use of technology to keep track of the claims process at every check point. This allows the healthcare provider billing a patient the ability to follow along in the process and address any
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Epic Systems to Offer Remote Hosting to Clients in 2015
Epic Systems is currently building a data center at its Verona, Wisconsin campus to offer remote hosting services to its clients targeted at medical groups and small hospitals, VentureBeat first reports. The decision brings the largest EHR provider closer to offering a software as a solution (SaaS) model that could help increase market share against its competitors such as Cerner, who has been offering remote hosting services since 1999. The remote hosting services will be offered first to new
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