- Providers spend $2.76 billion each year on provider directory maintenance, a new survey by CAQH found. - For individual practices, this intensive process costs $998.84 per month--the equivalent of one staff day per week. That is time and money that most providers can't afford to waste.- CAQH surveyed 1,240 physician practices last month and just released "TheHidden Causes of Inaccurate Provider Directories"-- a new white paper that details the burdens the survey uncovered and what the industry
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Medicare Insurance| Regulatory, Policy, Patients Analysis, Insights - HIT Consultant
Price Transparency: Why Hospitals Need to Focus On Understanding Their Data
This year, hospital price transparency took a front seat after CMS issued a new set of rules and requirements. While they haven’t been written into law just yet, these rules will help set a framework for the kinds of requirements that are likely to become standard soon. With that in mind, now is the time to begin preparing for the inevitable. Creating a proactive response to the new changes as well as the evolving competitive environment and expected a response from consumers is essential for
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Research: October Health IT M&A Activity, Public Company Performance
- Healthcare Growth Partners (HGP) summary of Health IT/digital health merger & acquisition (M&A) activity, and public company performance during the month of October 2019
During the month of October, Health IT continued its evolution into an amorphous market that is increasingly trending away from a specialized niche of healthcare and into a key component of larger sectors such as Enterprise Software, HR Administration, Insurance, Care Delivery, Suppliers, and BioPharma.
The
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Disruptors or Interrupters? How Apple Is Faring In Their Healthcare Initiatives
Key Highlights
- Part one of our new in-depth series on Apple, Google, and Amazon's latest healthcare efforts since our last report in April 2019.
- A look at Apple's recent healthcare developments, as well as an analysis of what goes beyond the news.
Over the last few decades the “digital age” has enabled many garage-based startups to transform into sustained successes by targeting problems that begged to be solved digitally. Sometimes their leaders identified and resolved
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Primary Care Doctors Use Autonomous AI to Instantly Detect Eye Disease
- A Georgia Primary Care Clinic is now using an autonomous AI system called IDx-DR to test patients for diabetic retinopathy, a leading cause of blindness.
- IDx-DR is cleared by the FDA to make an assessment without the need for a clinician to also interpret the image or results, making it usable by healthcare providers who may not normally be involved in eye care.
- The exam typically takes 5-10 minutes. Nurses use an automated fundus camera to take pictures of the patient’s retinas –
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How Value-Based Care is Changing the Way You Build Digital Health Companies
After years of talk, fee-for-service payment models are finally being challenged in a real way. With value-based care, providers are reimbursed based on patient health outcomes rather than the number of patients they see, which has begun to pass the burden of cost from insurers and employers to providers and patients.
Fundamentally, value-based care requires vendors as well as providers to operate differently, but new revenue models and a new approach to hiring deserve special consideration. In
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DrChrono Launches EHR Services Directory for Medical Practices
- DrChrono launches new EHR Services Directory that will allow providers and medical practices to connect with third-party companies to outsource their business tasks. - Medical professionals will be able to find services in the directory such as third-party developers to help build on the DrChrono healthcare API, expertise on technology configuration to maintain a local network, etc.Today, DrChrono announced the launch of a new EHR Services Directory with third-party companies that will allow
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Google Appoints Karen DeSalvo As First-Ever Chief Health Officer
- Google appoints former ONC chief Dr. Karen DeSalvo as the company’s first-ever Chief Health Officer to further establish its aggressive movement in the healthcare market.
- In her new role as Chief Health Officer, she will report to former Geisinger Health CEO David Feinberg.
Dr. Karen DeSalvo, who served as National Coordinator for Health Information Technology and Assistant Secretary for Health (Acting) during the Obama administration has been appointed by Google to serve as the
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American Samoa Medical Center Authority Extends Contract with Medsphere and CareVue EHR/RCM Solution
- American Samoa Medical Center Authority (ASMCA) and the American Samoa Department of Health (DOH) extends their contract with Medsphere and CareVue EHR/RCM Solution- South Pacific island group’s safety-net healthcare system signs on for seven more years plans to implement Medsphere enhancements of CareVue platformMedsphere Systems Corporation, a provider of affordable and interoperable healthcare IT platform solutions, today announced that the American Samoa Medical Center Authority (ASMCA)
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N.J. Physician Group ACO Generates $6.4M in Medicare Savings
- Partners In Care ACO generated $6.4M in savings and is among top 3 performers statewide under Medicare Shared Savings Program in New Jersey. - While providing high-quality care for patients, Medicare is sharing a portion of these savings with the providers in return.Partners In Care Accountable Care Organization (ACO) generated $6.4 million in savings – an average of $546 per Medicare patient – in 2018. The savings are tracked by the Centers for Medicare and Medicaid Services (CMS), under the
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