What You Should Know: - Competition in the provider IT space shows no signs of abating: Early-stage capital, big tech, and scale EMR players continue crowding into more segments. This has significant implications for providers as they transition into a new disruptive period, for software players as they fine-tune go-to-market models for the current environment, and for private equity investors as they look to invest behind winning themes. - A new report by KLAS Research and Bain &
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Growing Surgical Revenue, OR Automation Named Top Priority for Health Systems
What You Should Know: - Increasing surgical services revenue is a top priority for healthcare systems, with automation seen as a way to accomplish it, according to a new survey of healthcare executives conducted by The Health Management Academy. - Seventy-six percent of respondents named increasing surgical services revenue as a top priority, while half the health systems represented said they plan to increase investments across their surgical services in the next two
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4 Patient Flow Challenges Contributing to Provider Burnout
There has been frequent reporting about the problem of provider workforce shortages within hospitals and health systems and the related burnout experienced when working in high-stress situations during the COVID-19 pandemic. There are pre-existing and contributing patient flow challenges that have been exacerbated by the pandemic, which can lead to burnout, and therefore are worth discussing. Exposing the Problem The extent of provider burnout over the course of the pandemic is well
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Patient Flow Challenges Contributing to Provider Burnout
There has been frequent reporting about the problem of provider workforce shortages within hospitals and health systems and the related burnout experienced when working in high-stress situations during the Covid-19 pandemic. There are pre-existing and contributing patient flow challenges that have been exacerbated by the pandemic, which can lead to burnout, and therefore are worth discussing. Exposing the Problem The extent of provider burnout over the course of the pandemic is well
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Central Logic Acquires Acuity Link for Intelligent Transport Capabilities – M&A
What You Should Know: - Central Logic acquires Acuity Link to power the company’s
Intelligent Transport capabilities, speeding time to care in the best setting. - In addition, the company rolls out a new interoperable Bed Visibility capability that offers a real-time snapshot into available beds across the enterprise for improved access and enhanced revenue capture. Central
Logic, a St. Paul, MN-based healthcare access and orchestration company,
has acquired Acuity Link, a
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Patient Leakage & Keepage: State of the Industry Report
What You
Should Know: - “The Patient Keepage & Leakage Report” offers an in-depth, state of the industry look at health system executives’ views on the challenge of patient leakage, in which patients seek care beyond their networks. Although 96% of health system execs surveyed said that addressing patient leakage is a top priority, very little research had been done on this topic—until now. - The report, conducted by an independent market research firm, includes responses from a random
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The Digital Front Door: The Gateway to Empathetic Patient Navigation
The healthcare experience can often feel lonely. Lengthy surveys, unnecessary appointments, long waiting times and tedious, paperwork all contribute to this potentially confusing and isolating patient experience. Now, amidst a global health crisis, any barriers or obstacles to care could be detrimental beyond loneliness and could be fatal. These impeding components should not define a patient’s journey. Fair access to quality care, accurate record-keeping, and empathy should be at the core of
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In-Depth Report: Will 2020 Signal the Death of Provider Referrals?
- The "death" of provider referrals is imminent as patients now prefer to use online resources 2x more than using traditional referrals to find a doctor, according to the newly released report by Doctor.com- Customer Experience Trends in Healthcare report reveals that the use of referrals to find a provider has declined by 44% since 2018.Doctor.com, a provider of critical infrastructure and integrations necessary to enable modern digital experiences for patients has released its annual “Customer
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5 Steps to an Efficient Data-Driven Transfer Center
Empowered teams, standardized processes, reliable insight, automation, and measurement will improve operations, decrease leakage and improve the patient experience. High-performance transfer centers are becoming mandatory components for any health system operating in competitive healthcare markets, which are only becoming more competitive and consolidated. That is because high-performance transfer centers help align patients with the right care, in the right location at the right time, which
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Patient Leakage Trends: Understanding the Gap Between Priority and Action
The vast majority of healthcare executives recognize the importance of referral management; however, their ability to analyze and address patient leakage lags behind, according to a new survey conducted by Fibroblast, a referral management platform. The survey reveals almost a quarter (23%) of healthcare executives do not even track patient leakage at all. All this despite almost 9 in 10 who say it’s a priority.Survey Report BackgroundHealthcare organizations have many strategic priorities, but
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