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Study: Many U.S. Hospitals won’t Reach HIMSS Stage 7 Until 2035

August 14, 2018  |  Rajiv Leventhal
news
Unless the healthcare IT ecosystem experiences major policy changes or leaps in technological capabilities, many hospitals will not reach Stage 7 of HIMSS Analytics’ Electronic Medical Record Adoption Model until 2035, according to new research.

Assessing CMS’s Risky Move on Risk: Has Seema Verma Pushed MSSP ACOs Into Uncharted Territory?

August 13, 2018  |  Mark Hagland
commentary
Will Seema Verma’s August 9 announcement of CMS’s new “Pathways to Success” proposal light a fire under the MSSP ACOs, or will it cause provider organizations to flee? CMS officials are taking a risky gamble—with no clear outcome

At the Health IT Summit in Boston, One ACO’s Data-Facilitated Journey Into Value

August 7, 2018  |  Mark Hagland
article
What does it mean for an organization to pursue a data-facilitated journey into value-based care? Bill Gillis, CIO of the Beth Israel Deaconess Care Organization, shared his learnings and perspectives on that subject, at the Health IT Summit in Boston

Will the Chief Digital Officer Role be Key to Healthcare’s Future?

August 5, 2018  |  Heather Landi
article
Leading hospitals and health systems are increasingly adding chief digital officers to their senior leadership teams. Hillary Ross, a senior partner with executive search firm Witt/Kieffer, shares her thoughts on the growing importance of the CDO in healthcare.

Can Blue Cross of North Carolina Help to Reshape Its State’s Healthcare Landscape?

July 31, 2018  |  Mark Hagland
commentary
Remarks made by Patrick Conway, M.D. this spring point to some of the opportunities—and profound challenges—facing the shift towards a value-based healthcare system in North Carolina—and the challenges facing health insurers attempting to stimulate that change

At BIDCO, a “Pharmacy First” Approach to Population Health is Driving Promising Results

July 31, 2018  |  Heather Landi
article
Leaders at Beth Israel Deaconess Care Organization deployed a unique “pharmacy first” approach specifically to its Rising Risk Management program with the aim of achieving improved health outcomes in months, not years.

Healthcare IT M&A Activity Increases 23 Percent in 1H 2018

July 30, 2018  |  Heather Landi
news
Mergers and acquisitions (M&A) activity in the healthcare IT industry rose during the first half this year, with volume increasing 23 percent, from 101 deals in the second half of 2017 to 124 deals so far in 2018, according to investment banking firm Berkery...

Pondering the Psychology of Incentives in Bundled-Payment Contracts

July 27, 2018  |  Mark Hagland
commentary
Healthcare policy researchers, in an op-ed piece in the Health Affairs Blog, ponder the differences between prospectively and retrospectively based bundled payment incentives to providers—at a moment of early experimentation

Anthem Expands $500M Deal with IBM with Focus on IT Automation, AI

July 26, 2018  |  Heather Landi
news
Health insurer Anthem has expanded its services agreement with technology leader IBM with a focus on using artificial intelligence (AI) and automation to improve operational efficiency and modernize technology platforms.

In Virginia, Centra Health Surges Ahead in its IT-Based Push to Value

July 25, 2018  |  Rajiv Leventhal
article
Two of the health system’s executive leaders recently spoke with Healthcare Informatics about Centra Health’s value-based care journey and how IT is playing a key role.

At the Florida Health IT Summit, a Candid Look at the Promise and Pitfalls of Blockchain in Healthcare

July 25, 2018  |  Mark Hagland
article
Benjamin D. Schanker, M.D., M.P.H. shared with attendees at the Florida Health IT Summit his perspectives, as a clinician and researcher, of the promise and pitfalls of blockchain adoption in U.S. healthcare

Former Cleveland Clinic CEO Toby Cosgrove Joins Google Cloud

July 24, 2018  |  Heather Landi
news
Google Cloud’s healthcare and life sciences team has added a leading healthcare executive to its roster as former Cleveland Clinic CEO Toby Cosgrove, M.D., will join the team as Executive Advisor.

EXCLUSIVE Survey: Industry Execs Express Confidence in Interoperability Advancements

July 23, 2018  |  Rajiv Leventhal
article
A survey of 459 leading health IT executives reveals that many industry stakeholders see themselves as far along on their interoperability journeys, but less advanced in their value-based care and risk-based contracting progressions.

A Leading CHIO Discusses the VA’s Progress on Health IT Innovation

July 23, 2018  |  Heather Landi
article
Francine Sandrow, M.D., chief health information officer at the Corporal Michael J. Crescenz Veteran's Affairs Medical Center, details how the VHA is leveraging health IT to change the way patients experience medical care and to improve health outcomes.

Healthcare Execs Anticipate High Cost Returns from Predictive Analytics Use

July 20, 2018  |  Rajiv Leventhal
news
Healthcare executives are dedicating budget to predictive analytics, and are forecasting significant cost savings in return, according to new research from the Illinois-based Society of Actuaries.

Could Last Week’s Proposed-Rule Release Represent an Inflection Point for CMS and for Value-Based Federal Payment?

July 18, 2018  |  Mark Hagland
commentary
CMS’s release of a proposed rule that will impact a range of issues, from physician payment to quality measures, has unleashed a range of reactions from industry leaders—could this prove to be an inflection point?

Report: Digital Health VC Funding Surges to Record $4.9 Billion in 2018

July 18, 2018  |  Heather Landi
news
Global venture capital funding for digital health companies in the first half of 2018 was 22 percent higher year-over-year (YoY) with a record $4.9 billion raised in 383 deals compared to the $4 billion in 359 deals in the same time period last year, according to...

Aligning Incentives in the Forward Evolution Around Value-Based Payment: Major Obstacles Cited

July 16, 2018  |  Mark Hagland
commentary
The implications of a recent HFMA-sponsored analysis of value-based healthcare are many—and challenging, for the pioneers of VBP in new payment models in U.S. healthcare

Health Catalyst Completes Acquisition of HIE Technology Company Medicity

July 16, 2018  |  Heather Landi
news
Salt Lake City-based Health Catalyst, a data analytics company, has completed its acquisition of Medicity, a developer of health information exchange (HIE) technology, and the deal adds data exchange capabilities to Health Catalyst’s data, analytics and decision...

Advocate Aurora Health, Foxconn Plan Employee Wellness, “Smart City,” and Precision Medicine Collaboration

July 13, 2018  |  Heather Landi
news
Wisconsin-based Advocate Aurora Health is partnering with Foxconn Health Technology Business Group, a Taiwanese company, to develop new technology-driven healthcare services and tools.

Healthcare Data Breach Costs Remain Highest at $408 Per Record

July 13, 2018  |  Heather Landi
news
The cost of a data breach for healthcare organizations continues to rise, from $380 per record last year to $408 per record this year, as the healthcare industry also continues to incur the highest cost for data breaches compared to any other industry, according...

At the Health IT Summit in Denver, a Look at What Can Be Accomplished Under the Banner of Patient Engagement

July 12, 2018  |  Mark Hagland
article
At the Health IT Summit in Denver, Debe Gash, vice president and chief digital officer at Saint Luke’s Health System shared her organization’s story of mobile app-driven patient engagement progress

Mission Health M.D. Leader on The Power of Technology to Improve Health and Bring Humanity Back to Medical Practice

July 12, 2018  |  Heather Landi
article
At Asheville, North Carolina-based Mission Health, senior leaders have created a culture of continuous improvement grounded in analytics and this is driving significant clinical and operational improvements across the enterprise.

The Rocky Path to Value for Medicaid Programs—and HIT’s Key Role in Making It All Work

July 11, 2018  |  Mark Hagland
commentary
Medical researchers share some insights on the broad range of challenges facing the pioneers attempting to move Medicaid towards value-based payment incentives, including around the key role that HIT and data analytics will play in success

In Nashville, a Candid Discussion of the Potential for Blockchain in Healthcare

July 10, 2018  |  Mark Hagland
article
At the Health IT Summit in Nashville at the end of June, experts and innovators parsed the potential for the adoption of blockchain technologies in U.S. healthcare—and the challenges and obstacles involved

Digital Health Investments on Track to Surpass 2017

July 6, 2018  |  Heather Landi
news
Digital health venture funding in the first half of 2018 totaled $3.4 billion, and if funding continues at this pace, 2018 will surpass 2017 for both dollars raised and number of investments, according to Rock Health’s mid-year report.

Survey of AI Reveals Adoption Predictions, Fears

July 6, 2018  |  Rajiv Leventhal
news
A survey of 200 healthcare decision makers has revealed that while most industry professionals believe AI (artificial intelligence) will be beneficial, one third of respondents said they wouldn’t trust AI just in case it made a fatal error.

At Northwell Health, IT Leaders are Revamping the EHR with AI, NLP and Voice Tools

July 5, 2018  |  Heather Landi
article
Major tech companies and health systems are revamping EHRs with artificial intelligence and voice recognition technology. Project leaders at Northwell Health have developed an EMRbot that enables physicians and nurses to “talk” with a patient’s medical record.

EXL Finalizes Acquisition of SCIO Analytics

July 3, 2018  |  Heather Landi
news
Expanding its footprint in healthcare analytics, New York-based EXL Service Holdings, Inc. has finalized the acquisition of SCIOInspire Holdings, a West Hartford, Conn.-based healthcare analytics solution company, doing business as SCIO Health Analytics.

Unpacking the Gains in HCA Healthcare’s HIT Governance Evolution

July 2, 2018  |  Mark Hagland
article
At the Health IT Summit in Nashville, Karen Thompson and Dr. Edmund Jackson of HCA Healthcare shared with attendees the learnings that have been gleaned so far in their organization’s progressive health IT project governance and prioritization model

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