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Resources| News, Analysis, Insights - HIT Consultant

Plastic Surgery 2021 Industry Trends to Watch

by HITC Staff 05/05/2021 Leave a Comment

Plastic Surgery 2021 Industry Trends to Watch

Every industry will experience trends that affect everything from marketing to demand for services. This includes the healthcare industry. However, the plastic surgery industry is unusual for the sheer number of new products and procedures coming out. These may cater to new markets, improve on classic methods, or solve problems that couldn’t be addressed before. Here are the top plastic surgery trends for 2021 and beyond. A New Focus on Eyes For many years, eyelid surgeries have been the
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COVID-19: What it Means to American Healthcare: Trends, Impacts, Predictions, and the Road Ahead

by Jasmine Pennic 06/11/2020 Leave a Comment

COVID-19: What it Means to American Healthcare: Trends, Impacts, Predictions, and the Road Ahead

What You Should Know: - Innovaccer releases new report, “COVID-19: What it Means to American Healthcare: Trends, Impacts, Predictions, and the Road Ahead” that uncovers a two-fold strategy for healthcare organizations to predict the utilization trend of resources and maps the route from immediate COVID-19 challenges to steps needed to address these barriers. - The report probes how virtual care and telemedicine IT solutions rose as the ray of hope in the wake of an unprecedented outbreak
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The Role of Secure Messaging in the Digital Health Revolution

by DocHalo 11/16/2015 Leave a Comment

The Role of Secure Messaging in the Digital Health Revolution

  While the world focuses on holograms and telemedicine, secure communication technology is making what could arguably be considered the most profound impact on the healthcare system. It’s less Sci-Fi than robotic surgery. Less Silicon Valley than a virtual visit. But secure messaging technology is addressing the most fundamental need within the healthcare system: effective communication. This sponsored report by DocHalo explains the rise of secure messaging in healthcare,
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Report: Life Sciences M&A and the Rise of Personalized Medicine

by Fred Pennic 11/09/2015 Leave a Comment

Life Sciences M&A and the Rise of Personalized Medicine

As the life sciences (pharmaceuticals, biotechnology and medical sectors) M&A reaches new heights, there seems to be no end in sight for life sciences companies' hunger for acquisitions. 94% of life sciences companies are planning to make an acquisition in the next year, with 91% of US respondents expecting these to be cross-border transactions, according to a global study of 100 senior executives at life sciences companies by global law firm Reed Smith, commissioned by Mergermarket.  The
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5 Steps to Building a Thriving Community Hospital

by HITC Staff 11/09/2015 Leave a Comment

5 Steps to Building a Thriving Community Hospital

Is there a future for the independent community hospital? A variety of factors have converged into a perfect storm that is battering community health care facilities’ finances, including: • Declining reimbursement • Higher costs of capital • Increasing patient financial responsibility leading many consumers to seek care in lower-cost settings or opt out entirely • Lower operating margins than larger health systems • Advances in health care delivery that cut patient volumes
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Physician Practice Guide to Accurate EHR Software Pricing

by HITC Staff 10/14/2015 Leave a Comment

The expected benefits of any EHR systems are to improve patient care, lower administrative costs and improve billings and collections. The primary measures of effectiveness are: - The claims collection rate; - The number of patient visits per day; - The amount of time spent managing faxes and paper charts and - The direct costs of paper charts (cost of materials, storage, destruction etc.). EHR system costs will vary widely and depend primarily on the size of the physician
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5 Steps to Launch A Successful Digital Health Strategy

by Jasmine Pennic 07/31/2015 Leave a Comment

Validic Digital Health Strategy

Digital health devices are quickly becoming a part of our everyday culture as mobile fitness trackers and connected clinical devices become common as smartphone. This healthcare revolution represents an enormous opportunity for healthcare providers to extend their reach and connect to their patient populations. Care is moving beyond the four walls of the hospital and physician's office, and provider organizations are beginning to invest in the necessary infrastructure and programs to help launch
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5 Requirements of An Effective Revenue Cycle Management Solution

by HITC Staff 05/14/2015 Leave a Comment

Hospital CFO_New Financing Program Minimizes Impact of ICD-10 Revenue Delay for Private Practices_revenue cycle management

Considering that the first generation of healthcare IT systems centered primarily on billing technology, it’s interesting to note that for the past several years healthcare organizations have focused most of their attention on clinical transformations driven by national developments such as the Affordable Care Act and Meaningful Use (MU). But now that the MU “wave” is starting to subside, focus is shifting to back-end systems and processes. While many organizations realize that a full
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Hospital Mergers and the Impact of Mobile Health Platforms

by DocHalo 05/12/2015 Leave a Comment

dochalo

A record number of hospital mergers and acquisitions occurred in 2014. Healthcare organizations are increasingly buying physician practices and more physicians are employed by health systems than ever before. As a result, groups of physicians and healthcare workers that previously had no communication with each other, or were even competing, now find themselves working on the same team. With these new mergers come previously established referral patterns and relationships between physicians
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Revenue Cycle: 6 Key Strategies for Medical A/R Management

by Jasmine Pennic 05/04/2015 Leave a Comment

Medical AR Management

  Even though the overall U.S. economy is improving, let’s face it – the healthcare reimbursement system remains brutal. Many medical groups continue to struggle, looking for relief from the mounting pressures on their profitability. Declining reimbursements (60%); rising costs (50%); requirements from the Affordable Care Act (49%); and the transition to ICD-10 (43%) top the list of financial challenges that more than 5,000 physicians reported in the Practice Profitability
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