The cost of family health coverage topped $20,000 this year—as much as an economy car. As consumers shoulder higher out-of-pocket costs than ever, health systems are bracing for the impact.
A recent survey found that while 81 percent of healthcare leaders say rising consumer responsibility will affect revenue, leaders of larger organizations are even more concerned about the toll on finances:
- 33 percent of health system executives believe increased consumer responsibility will have a
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Physician Practices
KLAS Names Epic, Pivot Point, Accenture Overall Best in KLAS 2020
- Epic was named the top Overall Software Suite for the tenth consecutive year in the Best in KLAS 2020 Software & Services report. - Pivot Point Consulting, a Vaco Company, was named the top Overall IT Services Firm, edging out last year’s winner, Impact Advisors. - Accenture earned the award of top Overall Healthcare Management Consulting Firm.Today, KLAS Research announced released their annual Best in KLAS Software & Services that recognizes the leading vendors for solutions,
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MTBC Acquires Cloud-based EHR Platform CareCloud
- MTBC acquires cloud-based, practice management EHR platform CareCloud on a cash-free, debt-free basis. - Founded in 2009, CareCloud’s integrated clinical and financial platform technology and its suite of solutions enables clients to increase profitability, streamline workflow and improve patient care outcomes nationwide.MTBC, Inc., a leading provider of cloud-based healthcare IT and revenue cycle management solutions, today announced the closing of its acquisition of CareCloud which provides
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5 Reasons Why A Single, Integrated EHR Will Not Solve Interoperability
A recent survey of health system IT, informatics, business, and clinical staff revealed that less than 40% of healthcare executives believe their organizations successfully share clinical data with external health systems, payers, and other partners. When asked what steps their organizations are taking to address interoperability challenges, 60% of respondents reported their organizations were moving to a single, integrated EHR. In addition to costing tens or hundreds of millions of dollars,
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Inaccurate Provider Directories Costs Physician Practices $2.76B Annually
- 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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ECRI Institute: Top 4 Biggest Risks in Ambulatory Care to Watch
- ECRI Institute report reveals diagnostic testing and medication events are the most frequent safety risks patients face in ambulatory care.- Analysis of more than 4,300 adverse events reveals bifurcated healthcare system challenging outcomes.Diagnostic testing and medication events are the most frequent safety risks patients face in ambulatory care, according to new research from ECRI Institute, the nation’s leading independent, non-profit patient safety organization. ECRI Institute’s Deep
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7 Best Practices to Improve Professional Fee Revenue Cycle for Better ED Bottom Lines
Most healthcare organizations partner with physician services groups for niche coverage. While outsourced medical services are available across all specialties, common areas for external physician support include anesthesia, radiology, wound care, and emergency medicine. However, when outsourced physician services are used, challenges to ensure accurate reimbursement for both components of care—the hospital portion and the physician’s professional fee—increase.
Snafus are largely attributable
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California Physician Practices to Use Apple Watches to Advance Physician-Patient Communication
- Healthcare services company for physicians Altais partners with Notable Health to use intelligent automation to enhance the patient experience.- Notable Health’s A.I.-driven platform uses Apple Watches and smartphone devices to advance physician-patient communications and streamline administrative tasks.- Notable’s AI-powered platform is a game-changer for clinicians previously spending hours on redundant administrative tasks. The platform—which seamlessly integrates with legacy EHR
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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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Clinithink Integrates With Healthitx HIE to Facilitate Assessment of Pre-Trial Feasibility
Clinithink and Healthix – the largest public health information exchange (HIE) in the U.S. – are partnering on a program designed to leverage Healthix clinical data to facilitate assessment of pre-trial feasibility, ensuring the validity of protocol design. The new program aims to improve population health in New York City and Long Island by eventually making cutting-edge treatments available to patients.Healthix Data & Clinithink AI – A Blueprint for InsightWith health data of over 17
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