Considerable attention has been given to the large proportion of healthcare spending concentrated among a small proportion of patients. This five to 10 percent of the population has been the driving force behind many value-based purchasing models, e.g., chronic health condition management for the high cost, high utilizers, and health home models for care coordination and management services. A recent thought piece (March, 2017) in the The New England Journal of Medicine, “Focusing on
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Health IT & Digital Health-Opinion | Op-Eds | Guest Columns | Analysis, Insights - HIT Consultant
Healthcare Blockchain: How Does It Fit With Health IT?
With the end of the year rapidly approaching, it’s about time for articles making technology predictions for 2018 and proclaiming 2017 “the year of the (this space for rent).”As editors cast about for the healthcare IT story of the current year, they might have a hard time making the case for healthcare blockchain technology based on measurable recent impact, but they’ll have less trouble endorsing blockchain if they look at current hype and future potential.“Blockchain technology is a
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3 Roadblocks to Achieving Interoperability In A Value-based Care System
I am sure I am not the only one who has lost count of the times I’ve been asked “Why can’t the systems talk to each other?” or, in more technical terms, “Why don’t we have interoperability?”The numerous health IT solutions that we have around us today were meant to improve not just the delivery of care, but also enhance patient outcomes as the care continues across multiple practices. At the most basic level, I suppose we can define interoperability as two or more systems communicating with each
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From Telemedicine to Better Data: How APIs Improved Health in Chile
Editor's Note: Co-written by Soledad Munoz, CIO of MINSAL, Aashima Gupta, Global Head of Healthcare Solutions at Google Cloud and Michael Leppitsch, Digital Strategies for Global Enterprises at Google Cloud. The Chilean Ministry of Health has been grappling with a big first-world problem. A significant proportion of its 18 million people suffer from chronic conditions, including obesity, diabetes, cancer, and heart disease.But implementing a national mandate to improve these statistics is
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3 Healthcare Revenue Cycle Management Drivers to Watch in 2018
One ageless trend emerging for 2018 is the quest of hospitals, larger carriers and clinics to identify new revenue streams; not just managing revenue cycles, but creating them. The healthcare industry is now looking at revenue which can be generated through the interoperability of Annual Wellness Visits (AWV), chronic care and service care transitions between physical and behavioral health services.Hospital systems and other healthcare facilities that can connect these services with technologies
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3 Challenges and Considerations for Measuring Population Health Success
Healthcare organizations across the country are under enormous pressure to improve health outcomes, where the notion of “population health management” has suddenly evolved from a “nice-to-have” to a necessity. This prominent care initiative involves grouping patients together based on certain characteristics - age, gender, chronic conditions come to mind, just to name a few - and working to improve the health status of that group by monitoring, analyzing and improving the health of the
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Why GE Won’t Sell its Health IT Business
As John Flannery, the new CEO of GE takes on the task of sweeping cost-cutting at the industrial behemoth, recent market speculation has suggested he may be looking to offload GE’s Healthcare IT business. Here's why we think this won’t happen.Crumbling, but not to the coreGE's health IT portfolio has been compiled from many acquisitions, creating a complex and sometimes disjointed product set. At its center is a core set of software and services focused on clinical IT. GE’s products that support
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MACRA: The Yardstick for Quality that Health Systems Need
The number of quality initiatives is rapidly rising in the healthcare industry as stakeholders shift their focus toward the value of patient care. In addition, with the recent implementation of the Medicare Access and CHIP Reauthorization Act (MACRA), the rules surrounding healthcare reimbursement are being rewritten, incentivizing healthcare providers to prioritize the quality of patient visits over the quantity.Historically, it has been difficult to achieve consensus on defining quality;
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Why Payers Must Invest in Real-Time Analytics to Increase Profitability Against ACA’S Risk Adjustment Program
With the future of the Affordable Care Act in limbo, health payers and providers alike are back to focusing on how to work within that system. And as payers in particular struggle to find avenues to profitability in the ACA’s complex topography, we’ll likely hear more rhetoric about the difficulty of enticing young, affluent Americans to sign up for health insurance.The conventional wisdom of the moment holds that failure to enroll enough of those so-called “healthy wealthies” to offset the
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6 Reasons Why Healthcare Needs The Internet of Things (IoT)
Editor’s Note: Abhinav Shashank is the CEO & Co-founder at Innovaccer Inc., a datashop integrating complex data across multiple distributed sources to give healthcare organizations greater insights to provider better care.Technology can never replace humans because the ultimate decision-making authority always lies with the individual. He or she can, however, in the course of time, opt for technological solutions that simplify their work and bring about efficiency.Convenience. Efficiency.
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