Editor's Note: The Coalition for ICD-10 is a broad-based healthcare industry advocacy group — hospitals, health plans, hospital and physician office coding experts, vendors, and the health information technology (HIT) community— united in support of the U.S. adoption of the ICD-10 coding standard.
According to French abstract artist Robert Delaunay, “Our understanding is correlative to our perception.” Many in the healthcare community may have the perception that all physicians oppose the
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Health IT & Digital Health-Opinion | Op-Eds | Guest Columns | Analysis, Insights - HIT Consultant
Do Next Generation Reimbursement Plans Align with Healthcare’s Business Models?
A deep dive into the challenges of aligning the current thinking of the healthcare business with the underline economic models and incentives within.
In The Innovator's Prescription, Clayton Christensen identifies one of the core problems in healthcare delivery: a mix of intertwined business models that create massive operational overhead and inefficiency. He describes three distinct business models in hospitals.
Healthcare's 3 Distinct Business Models
1) Diagnostics and non-linear
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Why the ICD-10 Dual Coding Proposal Is A Recipe for Disaster
The Coalition for ICD-10 has issued a new position statement in response to the latest trial balloon from ICD-10 opponents, which proposes that CMS allow a ICD-10 dual coding system approach in which small physician offices would be able to submit claims coded in either ICD-10 or ICD-9 during a transition period after Oct. 1, 2015.
Members of the Coalition are united in making the following statement:
Concerns have been raised about the potential financial impact on small physician offices
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Why Healthcare Price Transparency Is So Murky
I’ve spent the better part of the last two years trying to improve price transparency in healthcare. When my startup, Medlio, began down this path, we had a very simple vision - that consumers should be able to use their smartphones to find, connect, and transact with their healthcare providers. By "transact," I mean schedule appointments, submit medical forms and insurance information, receive an upfront estimate of the cost of the visit, make payment, and receive their data afterwards.
Now,
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Why Data Sharing Is Vital to the Healthcare Revolution
Editor's Note: J.T. Treadwell is the Managing Director at Symphony Technology Group, a private equity firm where he focuses on analytics and healthcare technology. He has led a variety of Symphony investments, including health care IT companies Evidera, Symphony Performance Health, and Symphony Health Solutions.
The Affordable Care Act is the most far-reaching healthcare legislation in the U.S. since Medicare was introduced fifty years ago. In contrast to previous attempts to adjust our
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Is Primary Care Dead?
There are close to a quarter million primary care physicians in the U.S., more than any other individual specialty, and about half the total number of all specialists combined. Yet, somehow, primary care seems to lack the power and social influence necessary to chart its own professional course. As the availability and granularity of specialist physicians increased, the value proposition of a generalist primary care doctor seems to have become unclear to those who pay for medical services and to
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Inside The Secret Life of Your Healthcare Data
There’s a rising tide of healthcare data. It lifts many hopes for better healthcare, but also surfaces one troubling issue: reliability of data. Just how confident are you of the reliability of your data?
As a healthcare provider, you already know that data permeates your office workload. This impacts a critical feature of your operations: your workflow, a process you probably evolved over many years. Suddenly, you’re now doing “refreshes” to accommodate the new data volumes you’re
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The Uberization of Healthcare
Editor's Note: Stuart Karten is the principal of Karten Design, a product innovation consultancy creating positive experiences between people and products specializing in health technology. This post was adapted from a speech given at MD&M West on Feb. 12.
The Uber business model will soon come to healthcare.
Just as Uber changed transportation in positive—and sometimes controversial—ways, healthcare will be infiltrated by startups wanting to change the healthcare model from
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The Evolution of Enterprise Databases and EHR Interoperability
There are many parallels between the enterprise database sector and EHRs. Can the evolution of this database industry guide progress in the EHR front? I think there are a number of similarities and solutions which can address the proposed problems facing EHRs and the global healthcare system.
Oracle, the first commercially available database system, has been in existence for more than 35 years. As a company, Oracle has encountered numerous competitive, technologic and economic challenges
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Is Real Life Health IT Drama on Capitol Hill Like House of Cards?
In anticipation of House of Cards Season 4, and with all due respect to the show’s creators, I think real life is giving us a perfect plot line that includes politicians, corporate interests, their lobbyists and a big fat government contract. Maybe Francis and Claire have me seeing conspiracies everywhere, but it seems a chain of recent health IT events have created intrigue in what is historically our staid, conservative industry.
Follow the timeline with me and decide for yourself if I’m
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