Doug Brown
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New Spike in EHR Replacement Activity Jars Larger Physician Practice Market, 2018 Black Book Survey
Highly functional, highly customizable integrated EHR, Practice Management, Revenue Cycle Management and ICD10/ Coding products are proving to be the sought after technology solution of choice for groups and clinics with 12 or more practitioners according to the nearly 19,000 total EHR users responding to the six month client satisfaction poll released today. Cloud-based mobile solutions for on-demand data with access to practice actionable insight into financial performance, compliance tracking and contractual quality goals received the top interest by groups in the replacement mode (93 percent), followed by Telehealth/Virtual Visit Support (87 percent) and Speech Recognition Solutions for hands-free data entry (82 percent).
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"The Year Of The Big EHR Switch" Confirms Physicians Favor iPad And Mobile Applications
As thousands of physician practices are opting to dump ineffective EHR systems, and others still scramble to select a first vendor, early adopters identify the firms that have delivered success, productivity, outcomes, meaningful use achievement and crucial stimulus fund requirements among mobile EHR applications. Read More »
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3 Reasons Most EHR Vendors Will Be Out Of Business By 2017
The crowded field of electronic health record vendors likely will be slashed to less than half by 2017, or by the implementation of Meaningful Use Stage 3--whichever comes first--according to a new Black Book Market Research report. Read More »
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61% Of CFOs At Struggling Hospitals Expect To Be Fired In The Next 2 Years
Sixty-one percent of CFOs that self-identified their hospitals as struggling foresee being fired by 2016 because their revenue cycle management, staff and solutions were stuck in fee-for-service mode too long, according to recent Black Book survey results. Read More »
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84% Of Struggling Hospitals Put Population Health On Hold
Population health management is on the back burner for the majority of hospitals attempting to retool their revenue cycle infrastructure...
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9 Healthcare Tech Trends in "The New Year of Uncertainty", Black Book Survey Results
Black Book’s year end C-suite polls reveal the brakes being pumped on advanced software acquisitions due to political and funding uncertainty that is menacing long term strategies and the willingness to purchase some IT products and services in the first half of the New Year. Policy changes in the wake of a full or partial repeal of Obamacare may create new demands on healthcare enterprises that will likely divert capital and resources toward getting ready for value based care. This uncertainty, as recognized by 9 of 10 hospital leaders surveyed, will at a best decelerate decision-making on planned or ongoing initiatives, and at worst drain IT investment dollars for a protracted period of time, according to Doug Brown, Managing Partner of Black Book...
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Black Book Releases Research on "The Interoperability Tangle"...HIE Replacements, Middleware and FHIR
2,012 provider HIE users and 2,300 payer HIE users, as well as 4,100 prospective HIE users of all user types were polled to understand the importance of interoperability in their strategic planning initiatives, as well as their ongoing and new challenges in areas such as connectivity and data exchange. Between Q3 2015 and Q1 2016, the survey recorded growing HIE user frustration over the lack of standardization and readiness of unprepared providers and payers...“Every stakeholder in the healthcare delivery process cannot establish the infrastructure needed to support interoperability, as evidenced by 83% of physician practices responding and 40% of hospitals, that currently admit they are still in the planning and catch up stages of sending and sharing secure, relevant data, “ said Doug Brown, Managing Partner of Black Book.
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Black Book Research Warns Gov. Regs and Lousy EHRs are Driving Independent Medical Practices into Extinction
Two-thirds of independent practices now deliberately selling out to hospital systems and larger groups or closing down by 2019 as the resource-intensive requirements of MIPS, administrative burdens, and under-optimized technology may make the transition to value-based care too discouraging...Despite small practice education, training and technical assistance programs promised from CMS to help onboard physicians with the MACRA programs, 89% of the remaining solo practices expect to minimize Medicare volumes as to not be required to submit reports for the quality and clinical practice improvement activities or report in the cost performance category.
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Black Book says MU 'created artificial market' for immature EHRs
With more electronic health record systems continuing to fall short of providers' expectations, a new report by Black Book Rankings suggests that 2013 may indeed be the "year of the great EHR vendor switch." Read More »
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Black Book: Payers Leading Snub Of Public HIEs
As federal funds supporting health information exchanges dry up, 83 percent of the nation's public HIEs are stalling, according to a new report from Black Book. Read More »
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CFOs Stress Need for Next Generation RCM Tools but Hefty MU Investments Deplete Many Hospital’s Cash Reserves, Black Book Survey Reports
Seventy-nine percent of hospital CFOs running outdated financial systems say they nervously face the coming year without evolved Revenue Cycle tools. Continued meaningful use expenses for EHR, HIE, analytics, portals and mobile apps are hitting hospitals hard as changes in payment models based on patient compliance, pricing transparency, and population health demand even more capital...
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Cloud-Based EHRs With Integrated Billing Solutions May Save Thousands Of Independent Physicians From Acquisition, Reveals Black Book RCM Study
Nearly ten percent of physician practices are acquiescing to takeover offers from hospitals and larger medical groups, while more autonomous doctors confront the fallout from owning outmoded billing systems and unworkable electronic health records. However, Black Book surveys detect a defiant tipping point from the majority of independent physicians recently shifting to replacement EHRs... Read More »
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Customer Says eClinicalWorks Holding Patient Data 'Hostage'
As eClinicalWorks faces a possible class action lawsuit and the potential for clients to switch to rival EHR vendors, some customers are coming forward with complaints about their treatment. The company countered that it is still signing up new healthcare organizations and at least one user has noticed the vendor changing its ways. At May’s end, the U.S. Department of Justice – in a settlement that included a $155 million fine – mandated that the EHR vendor either upgrade existing customers' software for free or transfer their data to a rival’s electronic health record platform...
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Docs Flock To Cloud To Save Bottom Line
Cloud-based EHRs with integrated billing solutions favored to save independent practices from take-over Read More »
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E-Prescribing Growth To Pop As Penalties Approach
E-prescription adoption will grow in 2013, but challenges persist in connectivity, funding and state regulations, says Black Book study.
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