The global healthcare analytics market is expected to reach $18.7 Billion by 2020 from $5.8 Billion in 2015, according to a new market research report by MarketsandMarkets. Among end users, the healthcare providers segment is expected to grow at the highest CAGR during this forecast period. The demand in this market is highly driven by federal mandates such as the implementation of EHRs and ICD-10 code sets, shift towards value-based medicine, and the increased focus on quality care and reduced
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Payers| Payer Industry Impact for Patients, Clinicians, and Healthcare Organizations | News, Analysis, Insights - HIT Consultant
Infographic: Healthcare IT’s Transformation Journey
The need to reduce costs while caring for an aging population has led to sweeping changes in everything from how patients choose insurers to how doctors are reimbursed and medical records are stored and shared. As a result, the pressures on today’s healthcare CIOs and the data centers they manage are building. Mergers and acquisitions are packing more technology into tighter spaces, growing computational demands are creating crowded equipment racks, and staggering power and cooling requirements
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KLAS Rates Deloitte Top Firm for ACO Strategy & Readiness
According to a recent KLAS report, Deloitte has been rated the top firm for ACO strategy development and readiness assessment. The report, ACO Advisory Services 2014: Navigating the Unchartered Territory of Accountable Care, evaluates seven firms based on interviews with 41 health care organizations working to implement value-based care models against three categories:
– strategy development
- readiness assessment
-implementation
Key Highlights
The KLAS report gave Deloitte
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Recovery Audit Contractor (RAC) and MAC: Failure and Success in 2012
By Lori Brocato, Audit Product Manager, HealthPort Lori Brocato, Audit Product Manager, HealthPort writes about the failures and successes of Recovery Audit Contractor (RAC) and Medicare Administrative Contractors (MAC)
The latest CMS figures report nearly $600 million was recouped from healthcare providers in the first quarter of 2012 alone. Added to earlier overpayments, providers have “given back” over $1B since the Medicare Recovery Audit Contractor (RAC) program began.
The success
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Importance of Healthcare Providers Improving Their CDI Program
Guest post from Alice Zentner, Director of Auditing and Education for TrustHCS:
Many providers have CDI programs. The belief is that more accurate, detailed clinical documentation is better for the patient, the institution, the government, researchers, and all aspects of quality of care. So why not have an improvement program for the improvement program?
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