With the Department of Justice announcement of the $155 million dollar eClinicalWorks settlement (including personal liability for the CEO, CMO and COO), many stakeholders are wondering what’s next for EHRs. Clearly the industry is in a state of transition. eCW will be distracted by its 5 year corporate integrity agreement. AthenaHealth will have to focus on the activist investors at Elliott Management who now own 10% of the company and have a track record of changing management/preparing companies for sale. As mergers and acquisitions result in more enterprise solutions, Epic (and to some extent Cerner) will displace other vendors in large healthcare systems. However, the ongoing operational cost of these enterprise solutions will cause many to re-examine alternatives such as Meditech...
fee-for-service
See the following -
Doctors Tell All—And It’s Bad
A crop of books by disillusioned physicians reveals a corrosive doctor-patient relationship at the heart of our health-care crisis...
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Halamka on What's Next for Electronic Health Records
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Halamka's Health IT Forecast in a "Time of Uncertainty"
The upcoming presidential election has everyone spooked - what if Donald Trump is actually elected? What will the transition of administrations, regardless of who is elected mean to healthcare and existing healthcare IT regulations? Will our strategic plans and priorities need to change? I’ve spoken to many people in government, industry and academia over the past month about the rapid pace of change stakeholders are feeling right now. Here are a few of their observations:
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HHS Seeks to Reorient Obamacare Innovation Center
Even as the Trump administration works to repeal the Affordable Care Act, it is taking advantage of one of the 2010 law's provisions to advance its own take on health system innovation. Seema Verma, administrator of the Centers for Medicare and Medicaid Services, on Sept. 20 announced plans to redirect the six-year-old Center for Medicare and Medicaid Innovation within the Health and Human Services Department. Its mission is to test new approaches or models to pay for and deliver high-quality health care more efficiently...
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SimplyVital Health Partners With Toro Risk Consulting Group On Transformational Blockchain Healthcare Technology
SimplyVital Health (SVH) and Toro Risk Consulting Group, LLC (Toro) have announced an affiliation that brings the transformational healthcare technology of SVH together with the marketing, legal, and risk expertise of Toro. Toro recognized early on the potential that SVH's pioneering platform has to help providers transition from fee-for-service to value-based healthcare. New value-based payment models, such as bundled payments, allow providers to realize savings if they can decrease the average cost of patient care...
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Survey: Healthcare Execs See Poor ROI from EHRs but Optimistic about Analytics
The billions in taxpayer dollars spent on electronic health records (EHRs) since 2009 have unfortunately generated a poor return for the nation’s healthcare system, according to a survey of more than 1,100 healthcare professionals conducted by Salt Lake City-based data analytics vendor Health Catalyst. Health Catalyst polled healthcare professionals attending the fourth annual Healthcare Analytics Summit September 12-14 in Salt Lake City...
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Survey: Healthcare Technology Pros See Poor Return On Investment from EHRs
The billions in taxpayer dollars spent on electronic health records (EHRs) since 2009 have unfortunately generated a poor return for the nation’s healthcare system, according to a survey of more than 1,100 healthcare professionals attending the fourth annual Healthcare Analytics Summit™ (HAS 17), Sept. 12-14 in Salt Lake City. Fortunately, survey respondents also overwhelmingly signaled that analytics software—a technology designed to make the clinical data in EHRs more valuable—holds great promise for the future...
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VA changes show the way to affordable care
Here’s an idea. We can reform Obamacare the same way the Veterans Health Administration reformed itself in the 1990s....Faced with censure and threat of dissolution, the U.S. Department of Veterans Affairs responded with striking changes that earned widespread praise. By 2004, a RAND corporation study implied that VA care had become America’s best.
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Value-Based Care Summit
At the Value-Based Care Summit, attendees will benefit from hearing leaders in the field of value-based care describe the landscape of value-based care, share best practices, and disclose actionable information for those working in the healthcare field. The Value-Based Care Summit offers an opportunity to network with executives from top physician practices and hospitals and to gain insight into value-based care through sessions with speakers such as Dr. Steven Strongwater of Atrius Health, Dr. Thomas Scornavacca of UMass Memorial Population Health, Betsy Hamptom of Population Health Reliant Medical Group, and Micky Tripathi of Massachusetts eHealth Collaborative (MAeHC)...
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