Report: HIT a Priority for Community Hospitals | Healthcare Informatics Magazine | Health IT | Information Technology Skip to content Skip to navigation

Report: HIT a Priority for Community Hospitals

November 9, 2011
by root
| Reprints

Anthelio, the Dallas, Texas-based independent provider of comprehensive healthcare information technology (“IT”) services and business process solutions, recently announced results of an original survey completed with Community Hospital 100 to measure the financial health of community and rural hospitals.

Overall, these hospitals, which account for the largest sector of the U.S. healthcare system with 73 percent of the total registered hospitals in the U.S. having 300 beds or less, are having significant financial difficulties. The survey found that a majority of community hospitals surveyed reported having low operating margins and face significant challenges due to rising healthcare costs and lower Medicare / Medicaid reimbursement.

Of those surveyed, 49 percent reported having operating margins below two percent with 38 percent less than one percent, and 22 percent reporting negative operating margins. Only 23 percent of those surveyed reported operating margins more than four percent. The survey also found these community hospitals were getting less reimbursement from Medicare, possessed less cash on hand and faced rising healthcare costs.

Despite all of these struggles, the hospitals continued to invest into healthcare technology according to the survey. 69 percent of community hospitals have acquired and started their EMR implementations with 39 percent spending over $8 million on their EMR implementations.

ICD-10 was more of a mixed bag. Although 95 percent of community hospitals have begun the ICD-9/4010 to ICD-10/5010 conversion process, only 24 percent are currently undergoing remediation. Meanwhile, community hospitals expressed a surprisingly strong interest in participating in HIEs, with 43 percent saying that they are participating in an HIE, plus another 28 percent saying they are not participating, but would like to and 29 percent saying that they are not interested in HIE participation.

Topics

News

NJ Medical Group Launches Statewide HIE, OneHealth New Jersey

The Medical Society of New Jersey (MSNJ) recently launched OneHealth New Jersey, a statewide health information exchange (HIE) that is now live.

Survey: 70% of Providers Using Off-Premises Computing for Some Applications

A survey conducted by KLAS Research found that 70 percent of healthcare organizations have moved at least some applications or IT infrastructure off-premises.

AMIA Warns of Tax Bill’s Impact on Graduate School Programs in Informatics

Provisions in the Republican tax bill that would count graduate student tuition waivers as taxable income would have detrimental impacts on the viability of fields such as informatics, according to the American Medical Informatics Association.

Appalachia Project to Study Relationship Between Increased Broadband Access, Improved Cancer Care

The Federal Communications Commission and the National Cancer Institute have joined forces to focus on how increasing broadband access and adoption in rural areas can improve the lives of rural cancer patients.

Survey: By 2019, 60% of Medicare Revenues will be Tied to Risk

Medical groups and health systems that are members of AMGA (the American Medical Group Association) expect that nearly 60 percent of their revenues from Medicare will be from risk-based products by 2019, according to the results from a recent survey.

83% of Physicians Have Experienced a Cyber Attack, Survey Finds

Eighty-three percent of physicians in a recent survey said that they have experienced some sort of cyber attack, such as phishing and viruses.