GHX outlines a list of documented opportunities to reduce supply costs healthcare supply chain costs for providers.
The healthcare supply chain is the second highest and fastest-growing operating expense for healthcare providers. Faced with significant medical supply costs and evaporating reimbursements, healthcare are increasingly seeking ways to reduce their supply chain expenses. GHX, provider of healthcare supply chain solutions has provided the following ten ways healthcare providers
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Health IT | News, Analysis, Insights - HIT Consultant
Cerner Acquires Siemens Health IT Business for $1.3B
Cerner Corporation has announced it has agreed to buy Siemens health information technology business for $1.3 billion in cash. As part of the agreement, both companies will enter a three year strategic alliance to build on Cerner's health IT business and Siemens medical devices and imaging, each contributing up to $50 million. The acquisition is expected to create an estimated $4.5 billion in annual revenue. About $650 million will be utilized for R&D and over 18,000 client facilities. As
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WEDI Releases ICD-10 Readiness Survey To Help Assess Industry’s Progress Towards ICD-10
The Workgroup for Electronic Data Interchange (WEDI), a leading nonprofit authority on the use of health IT to create efficiencies in healthcare information exchange has announced the release of an ICD-10 readiness survey to determine how well the healthcare industry is progressing towards the Oct. 1, 2015 implementation deadline. The survey results will be evaluated and compiled into a report for the industry.
Providers, health plans, vendors and clearinghouses are invited to participate in
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KLAS: EMRs Are First Source For Population Health Management Functionality for Providers
Enterprise EMR vendors are the number-one source for population health management functionality, according to the latest KLAS report. The latest KLAS report "Population Health 2014 Perception: Who Are Providers Betting On?" found that despite a veritable flood of new best-of-breed entrants into the marketplace, providers are having an increasingly hard time finding a one-stop PHM solution.
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HIMSS Analytics Awards TriHealth Hospitals with Stage 7 Awards
Today, HIMSS Analytics has awarded four TriHealth hospitals with Stage 7 Awards, and 131 of its associated ambulatory clinics, located throughout Ohio, Kentucky and Indiana, with Stage 7 Ambulatory Awards. TriHealth is one of the fastest-growing health systems in Greater Cincinnati and has more than 500 doctors and 11,000 other employees. It operates four hospitals (Good Samaritan in University Heights, Bethesda North in Montgomery, Bethesda Butler in Hamilton and TriHealth Evendale) and more
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The Role of Claims Data in HealthIT: The Good, The Bad and The Ugly
As we move towards building a universal patient-centered data platform in health IT, several sources of data are useful. Data coming from transitions of care, clinical summary documents (C-CDAs) which can be shared between healthcare providers taking care of a patient, and claims data from insurance payers – these are all sources of data that can build the universal health record.
With all the focus in interoperability discussions around sharing data found in clinical Electronic Health Records
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Report: 88% of 200+ Bed Hospitals Outsourcing Their CDI Realized Over $1M in Savings
88 percent of 200+ bed hospitals outsourcing their CDI currently report to have realized significant (over $1M) gains in appropriate revenue and proper reimbursements following the implementation of clinical documentation improvement program yet before ICD-10, according to the recently published Black Book survey. Additionally, 83 percent confirm quality improvements and increases in the case mix index. The survey of 650 hospital technology and physician leaders found outsourced coding and
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HHS: ICD-10 Transition Date Finalized for Oct. 1, 2015
Yesterday, the HHS issued a rule today finalizing Oct. 1, 2015 as the new ICD-10 transition date, according to a news release. This deadline allows providers, insurance companies and others in the health care industry additional time to ramp up their operations to ensure their systems and business processes are ready to go on Oct. 1, 2015. The one year delay has financially impacted healthcare organizations costing an estimated range between $422 million for smaller providers and up to a
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ONC Launches EHR Innovations for Improving Hypertension Challenge
The ONC, in collaboration with the CDC, has launched the EHR Innovations for Improving Hypertension Challenge to accelerate improvement on the Million Hearts® “B” strategy – Blood Pressure Control.The goal is to is to gather specific descriptions of health IT tools and approaches used by individual practices to implement an evidence-based blood pressure (BP) treatment protocol that has led to improvement in practice-wide blood pressure control (Phase 1), and identify models for quickly and
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2014 Best in KLAS: Medical Equipment and Infrastructure Awards
Yesterday, KLAS announced their "2014 Best in KLAS" awards for the top-performing vendor solutions in medical equipment and infrastructure. The report provides a summary of the KLAS performance rating gathered over the past 12 months for medical equipment and infrastrcture vendors in 23 segments. Each segment includes a listing of vendor products ranked according to their KLAS performance scores, which have been compiled from the feedback of thousands of healthcare providers at physicians
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