healthcare
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Financial Woes At Maine Medical Center: Reading This Blog Might Have Saved Them Millions Of Dollars, And Prevented Massive "Cost Saving Initiatives"
In a memo to its employees last week, one of Maine’s largest health systems said it has suffered an operating loss of $13.4 million in the first half of its fiscal year. Read More »
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Financially Overwhelmed Hospitals Ditching Fragmented RCM Solutions Says Latest Black Book Poll
Responding to the demand for consolidated revenue cycle management outsourcing options, a sundry of small niche vendors, from eligibility experts to patient bill estimators, are seeking shelter under larger RCM organizations as reimbursement reforms and value-based models currently being carved out will make it more difficult for many marginalized RCM solutions to survive without joint ventures or acquisition. Black Book Market Research’s annual Satisfaction Survey of all RCM stakeholders discovered that nearly half (45%) of the nation’s struggling hospitals plan on diving deep into full RCM outsourcing...
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Fine Tuning The National Healthcare IT Timeline
As I work with healthcare leaders in Boston, in New England, and throughout the country, I'm seeing signs that well resourced medical centers will struggle with Meaningful Use stage 2 attestation, ICD-10 go live, HIPAA Omnibus Rule readiness, and Accountable Care Act implementation, all of which have 2013-2014 deadlines... Read More »
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First NHS Hack Day In London
The first NHS Hack Day will be held in London at the end of next week, to bring together doctors, developers and designers. Read More »
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First Step To Successful EHR Use Is Evaluating Paper Workflow
Every good cook knows that a finished meal is only as good as the ingredients you start with, and the same adage holds true for EHR implementation, a messy recipe if ever there was one. Read More »
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First Teach No Harm
The U.S. spends $13 billion a year subsidizing graduate medical education. Yet almost all of this money winds up producing the wrong kinds of doctors in the wrong places, with America’s most elite teaching hospitals being the worst offenders. Read More »
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First Use Of Google Glass During Surgery
Dr. Christopher Kaeding, director of sports medicine at The Ohio State University Wexner Medical Centre, used the technology to work with a distant colleague using a live, point-of-view video from his operating room via the wearable interactive technology, augmented by a head-mounted computer and camera device. Read More »
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Fiscal Cliff Buzz Muffles Medical Device Industry Message
Several dozen medical device industry execs swarmed the Hill on Thursday, but the buzz over the fiscal cliff might have drowned out their message. The CEOs' pitch to lawmakers: The medical device tax that goes into effect in January is going to cripple the industry and they should repeal it. Read More »
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Fitch: Meaningful Use Payments Masking 'Anemic' Revenue Growth
Although Meaningful Use payments will dry up when the incentive program ends, the benefits of electronic health records systems--including quality and efficiency gains--will mitigate the loss, according to global ratings agency Fitch. But the fact that the funds are non-recurring makes makes it tricky to predict the financial impact of EHRs. Read More »
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Five Facts About Veterans’ Health Care
With more than 1,400 hospitals, nursing homes and clinics nationwide, the Department of Veterans Affairs operates the country’s largest health care system. On Veterans Day, here’s a look at how it operates, who it covers and what role it plays in the larger American health care system. Read More »
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Five Healthcare Startups That Should Have Crowdfunding Pitches On MedStartr
Health startups are always looking for money so what better solution than a crowdfunding site that understands the complexity of the industry. Read More »
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Fixing The VA-DOD Health System Fiasco
As health care plans nationwide enter the home stretch of implementing electronic records under the framework of the Obama administration’s Affordable Care Act, and military service disability claims backlogs grow in size and attention, the Department of Veterans Affairs and the Pentagon need a much more coherent approach to modernize and deploy their electronic health record systems. Read More »
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Florida Doctors Weigh Higher Costs For Medical Record Copies
A hearing in Florida is considering a petition to increase the costs of reproducing patient medical records scheduled to begin Friday morning at the DoubleTree by Hilton in Deerfield Beach, according to the Tampa Bay Times. (Apparently, the Blue Button has yet to come to this part of the Sunshine State.) Read More »
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Followup: Medicaid Probably Does Improve Health Outcomes After All
I've now read the new study of the Oregon Medicaid experiment, as well as some additional commentary on it, and I think some of the results are important enough that they deserve a new post, not just updates to the previous post. Read More »
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For 10th Consecutive Year, HFHS Reports Financial Growth
For the 10th consecutive year, Henry Ford Health System experienced positive revenue growth and net income in 2012. Read More »
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