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Health IT | News, Analysis, Insights - HIT Consultant

US Health IT Market Expected to Grow at 20% CAGR During 2014-2018

by Fred Pennic 02/14/2014 Leave a Comment

US Health IT Market Expected to Grow at 20% CAGR During 2014-2018

The US health IT market is expected to grow at a CAGR of nearly 20% during 2014-2018, according to RNCOS latest “US Healthcare IT Market Outlook 2018” research study. Currently the US health IT market is witnessing significant growth with escalating healthcare cost becoming a key concern today for the US government, PRNewswire reports. As a result of increasing government regulations supporting the adoption of healthcare IT systems in hospitals, the industry is offering immense business
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Elizabeth “Betty” T. Jordan Shares a Nurse’s Perspective on Health IT

by Jasmine Pennic 02/14/2014 Leave a Comment

Elizabeth Betty T. Jordan Shares a Nurse's Perspective on Health IT

Nurses are vital to the implementation and adoption of healthcare technology. In this conversation, Intel's Joan Hankin, MSN, RN, sits down with Elizabeth "Betty" T. Jordan, DNSc, RNC, FAAN and Associate Professor University of South Florida College of Nursing, to discuss a nurse's perspective on health IT, how IT impacts patient care, and how generational attitudes shape health IT adoption. About Elizabeth “Betty” T. Jordan Elizabeth “Betty” T. Jordan, DNSc, RNC is an assistant
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Nearly Half of Physicians Believe EHRs Are Making Patient Care Worse

by Jasmine Pennic 02/13/2014 6 Comments

Nearly Half of Physicians Believe EHRs Are Making Patient Care Worse

Nearly half of physicians believe EHRs are making patient care worse, according to newly released data from marketing and research firm MPI Group and Medical Economics. The research reveals despite Meaningful Use incentives, physicians say its not nearly enough to cover the unanticipated costs associated with the need to increase staff, coupled with a loss in physician productivity that directly impact patient care. The Medical Economics survey was conducted from November to December 2013
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AMA Releases Updated ICD-10 Implementation Costs for Physician Practices

by Fred Pennic 02/12/2014 1 Comment

AMA Releases Updated ICD-10 Implementation Costs for Physician Practices

ICD-10 implementation costs for physician practices are expected to be significantly more costly than previously estimated, according to an updated cost analysis report from the AMA (American Medical Association).  The updated 2014 AMA cost analysis study written by Carolyn Hartley, Physicians EHR, and Stanley Nachimson from Nachimson Advisors takes into account the convergence of dynamic and financially demanding physician requirements which include: Costs associated with paying for
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Black Book Ranking Names Top Health Information Exchange Vendors by Segment

by Jasmine Pennic 02/11/2014 1 Comment

Black Book Ranking Names Top Health Information Exchange Vendors

A survey conducted by full-service market research company Black Book Rankings has revealed the top  health information exchange solutions by segments. Black Book Rankings, a division of Black Book Market Research LLC, provides healthcare IT users, media, investors, analysts, quality minded vendors, and prospective software system buyers, pharmaceutical manufacturers, and other interested sectors of the clinical technology industry with comprehensive comparison data of the industry's top
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When Do Physicians Behave Like Consumers?

by Robert Rowley MD 02/11/2014 1 Comment

When Do Physicians Behave Like Consumers 1

When do physicians behave like consumers? Dr. Robert Rowley shares his insights.  We are seeing a flood of health IT tools come in to the market, some simple and some highly complex. The way that physicians approach the adoption of these tools has major implications for vendors. Electronic Health Records (EHR) systems have been the centerpiece of health IT for a number of years, and now a majority of U.S. physicians and hospitals have adopted EHRs into their practice. Getting these systems
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Former Shelby Regional CFO Charged with Meaningful Use Fraud

by Jasmine Pennic 02/07/2014 Leave a Comment

Tom White, the former CFO for Dr. Tariq Mahmood’s Texas hospitals has been charged with meaningful use fraud and aggravated identity theft in the Eastern District of Texas, FBI.gov reports. According to the indictment by a federal grand jury, White falsely attested to Centers for Medicare and Medicaid Services (CMS) that Shelby Regional Medical Center (Shelby Regional) successfully met the meaningful use requirements for the 2012 fiscal year. To give the impression of using a certified EHR,
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Philips Partners with AMREF to Improve Healthcare Innovation in Africa

by Fred Pennic 02/07/2014 Leave a Comment

Philips Partners with AMREF to Improve Healthcare Innovation in Africa

Royal Philips Electronics and the African Medical and Research Foundation have announced a strategic partnership designed to improve healthcare innovation and infrastructure throughout Africa. The innovation shared value partnership will support AMREF’s social goals and assist Phillips in improving healthcare in Africa, AfricanBrains reports. Lack of access to roads, telecommunications, electricity and water make it extremely difficult to connect and train healthcare professionals to serve
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Private Equity Firm Acquires GHX, Healthcare Supply Chain Leader

by Jasmine Pennic 02/05/2014 Leave a Comment

Healthcare Supply Chain Market Private Equity Firm Acquires GHX, Healthcare Supply Chain Leader

Thoma Bravo, LLC, a leading private equity investment firm, and Global Healthcare Exchange, LLC (GHX), a privately-held provider of connected, intelligent healthcare supply chains, have entered into a definitive agreement for the acquisition of GHX by an affiliate of Thoma Bravo. Financial details were not disclosed. The current GHX senior management team will continue to manage the company. “GHX maintains a strong position in North America and Europe with solutions that span the breadth of the
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10 Most Popular Articles in January 2014

by Fred Pennic 02/05/2014 Leave a Comment

Each month we compile a list of the 10 most popular articles we published that month, based on the number of page views.

Each month we compile a list of the 10 most popular articles we published that month, based on the number of page views.Here are our ten most popular articles for January 2014, recognizing that articles we published earlier in the month are more likely to make the list than later ones. 1. Infographic: 5 Health IT Trends for 2014 Infographic created by CDW Healthcare illustrates 5 health IT trends that will have a big impact on healthcare’s increasingly competitive and cost-conscious
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