What You Should Know:
- 3M Health Information Systems and Edifecs (a global health IT solutions provider) announced a collaboration and new unique solution for providers and payers that will accelerate the adoption of value-based payment (VBP) models.
- A new, combined solution that will overcome barriers that have previously prevented rapid adoption of VBP models. This advanced approach will allow payers and providers to quantify the value of preventing negative events and allocate
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Health IT
5 Things to Consider Before Implementing a CAPS System in 2023
Core administrative processing systems (CAPS) serve as the center of the healthcare payer architecture and are essential for efficient business operations. These systems are needed to support administrative and transactional processing and are a significant investment in technology. Selecting a CAPS system isn’t a single purchase, but rather an ongoing partnership that requires maintenance to ensure the system remains up to date to support industry and regulatory changes. Last year, 99% of
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Teleradiology Market Primed to Hit $3.7Bn by 2026 – What’s Driving the Surge in Demand?
4.7bn diagnostic imaging procedures were performed globally in 2021, representing a strong recovery over 2020. Healthy demand for teleradiology services resulted in the global penetration of teleradiology reads into diagnostic imaging procedures bouncing back to 1.9%, and the overall teleradiology reading services and IT market revenue elevating past its pre-pandemic level to USD $1.7bn. With a projection for the market to reach USD $3.7bn in 2026, here I explore five drivers fueling this period
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How Low-Code Development Will Deliver The Future of Public Health Services
From reducing IT backlogs and accelerating app development, to empowering citizen developers and enabling “fusion” dev teams of programmers and business technologists, the private sector has been enjoying the benefits of low-code development for some time now.
For those unfamiliar with the concept, “low-code” generally refers to app development platforms in which users can input information and get the results they need through graphical user interfaces, or GUIs, rather than having to
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3 Elements Required for Data Ecosystems to Drive Innovation
For years, the healthcare industry has been inundated with stories about the importance of sharing data among payers, providers, and other key stakeholders – and for a good reason; widespread interoperability of healthcare data has the potential to transform much of the industry for the better.
What's often not mentioned is how expensive, time-intensive, and potentially legally hazardous data-sharing is. Combining disparate data sets is a technically challenging undertaking that requires
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Analysis: RSNA 2022: Predictions vs Reality
Much has already been written about attendance at RSNA, but from a first-hand perspective, RSNA 2022 could be regarded as a step back toward “normal”. Amongst mostly bustling halls, vendors reported very positive feedback on the volume and quality of customer meetings, with one prominent global imaging vendor citing “We’re signing deals here at the show again – things are looking up”.
Against this positive backdrop, however, the stark challenges facing radiology in a post-COVID world were
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Minding the Gaps: 4 Traditionally Non-IT Roles Necessary for IT Success
As healthcare continues to digitally transform, integrating health data among various IT stakeholders demands much more collaboration than our predecessors could have imagined. Once focused intensely on preventing fraud, waste, and abuse and ensuring high-quality patient care, the compliance department is tasked with maintaining programs that meet the regulations and laws of numerous government bodies pertaining to various areas, especially electronic protected health information (ePHI).
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DirectTrust and EHNAC Announce Merger Agreement
What You Should Know:
- DirectTrust and the Electronic Healthcare Network Accreditation Commission (EHNAC) today announced an agreement to merge EHNAC with and into DirectTrust, effective January 4, 2023.
- DirectTrust is a non-profit healthcare industry alliance created to support secure, identity-verified electronic exchanges of protected health information. EHNAC is a non-profit standards development organization and accrediting body for organizations that electronically
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3 Questions Healthcare IT Leaders Should Ask Before Implementing AI in Their Operations
Artificial intelligence (AI) and automation are no longer nice-to-have technologies for healthcare providers. They are mission-critical tools for addressing significant challenges many health systems and hospitals face today — from volatile patient volumes to ballooning labor costs and staffing shortages to low operating margins. Many of these challenges are macro-level economic trends that will continue to prevail for the foreseeable future.
According to research from Kaufman Hall,
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Health IT for Emerging “Payviders”
Though doubts about the benefits of the “payvider” model certainly exist, the success of recent payer-provider partnerships showcases the potential of these programs to improve the patient and provider experience. A study of Aetna’s integrated program, for example, found that plan members could realize significant savings for high-cost chronic conditions and experience fewer hospital admissions. A similar report from Cigna echoed these conclusions, finding that integrated benefit plans resulted
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