• U.S. Medical Practices – Dealing with the Regulation Overload

    Today’s healthcare environment demands a lot from physicians. They are supposed to meet the ever growing challenges of their profession without losing sight of the objective i.e., patient care. However, a major portion of their time is wasted away in chasing clinical labs for reports, generating reports, maintaining insurance papers and performing billing tasks.   “Healthcare is experiencing a major overhaul, and practices face the brunt of the changes,” laments analysts. What are these changes, how these can be implemented and still manage the day-to-day demands of running a practice is a major issue before physicians, says in a recent article ...Read More »

  • Adding Value to Savings in Healthcare Cost

    Galloping healthcare costs and growing deficit have been two major issues that kept the U.S Administration always on high alert. Critics have been holding it responsible for spending money for fighting complications instead of paying attention to coordination. They argue that for the sake of saving costs it has been wasting billions for reaching out to doctors to adopt digital health records.   On the Right Path, says the Government However, according to the official Administration, pioneer Accountable Care Organizations have started taking steps to improve Medicare patients’ health and lowering costs through improved care coordination. “The Affordable Care Act has saved money ...Read More »

  • Growing Expectations from Transcription Companies

    Several healthcare organizations today look for a medical transcription system that is able to meet their future needs. Cost savings, cost restructuring, improvement in quality, and access to talent are some of the major requirements hospitals demand which “makes the outsourcer a change agent.”   A large number of Medical Transcription Service Organizations (MTSOs) have gone on consolidation mode because of “mergers and acquisitions, greater emphasis on adoption of EHRs and spread of health information exchanges across the nation,” says an article that appeared in the  The article, quoting Bob Thomas, a HIM consultant for transcription and computer-assisted coding says ...Read More »

  • Healthcare in the United States – The Infection picture

    There is no doubt that the inclusion of information technology into healthcare has been immensely beneficial and due to this, much of the concerns today are centered around appropriate use of new technologies in medical care, accessibility and coverage. However, while we are busy giving importance to these concerns, more pressing issues such as infection control become easily overlooked. A recent report issued by the Centers for Disease Control and Prevention (CDC), at any period of time, one in twenty patients gets infected and this ultimately points to the fact that about 90,000 patients are dying every year in the United ...Read More »

  • Healthcare – Is Quality of Care at Stake?

    In a survey held by KPMG LLP the U.S. audit, tax and advisory firm in 2012 among 200 healthcare professionals, many respondents had raised doubts about the sustainability of US healthcare in its current form. An American Health Association (AHA) estimate states that about “10% of Medicare revenue will be at risk in 2017.” Now, a new analysis by the RAND Corporation states that “conversion to EHR has failed to improve efficiency, patient care and arrest the rising healthcare costs,” reports the New York Times quoting this month’s edition of Health Affairs, an academic journal.   Causes  While AHA identifies new initiatives like ...Read More »

  • Sharing of Healthcare Information – Issues

    Today, modern medicine largely depends on sharing and communicating information for providing improved care. Exchange of information requires healthcare professionals agree on a standard of communication for verification of medical data in clinical environments. However, it remains a great challenge today. Exchange of Health Information Health information exchange has been growing steadily in the U.S. over the last few years thanks to the Meaningful Use program. In the earlier years, success rate of medical data exchange program used to be low. Major hurdles were shortage of funds and reluctance of healthcare providers in sharing data with competitors.  With the arrival of Meaningful ...Read More »

  • Retailing of Medical Care

    Are patients without access to a primary care doctor, increasingly visiting walk-in retail medical clinics for care? This question formed part of a recent study conducted by the Rand Corporation. Background Historically there has been an increase in “visits to retail clinics from 2007 to 2009, according to the study released in August 2012 by Rand Corporation” says Stephanie Stephens, California Healthline Regional Correspondent in an article. The study revealed that most of the patients sought care for limited to common acute ailments. The retail health market appears to have "tapped into patients’ needs," says Stephanie quoting study authors. With passing of ...Read More »

  • Are Hospital Business Models Built on a Shaky Rock?

    Do Hospitals today perceive their current business models on the metaphorical “burning platform”- a phrase coined by Daryl Conner, Organizational change Specialist?  Quoting from a recent press release issued by the Commonwealth Fund, this question was raised by Vince Kuriaitis JD, MBA, a renowned Healthcare Consultant in his article in Such an eventuality, according to him would force them to abandon the existing business models. With a mere 13 percent of hospitals reported participating or planning to participate in an Accountable Care Organization (ACO) within a year, that is a clear possibility, says the Consultant. Vanishing Revenues “Across the U.S., hospitals ...Read More »

  • Collaborations, Partnerships and the Evolving Healthcare IT

    Information Technology and telecommunications are two major forces responsible for transformation of care delivery. Emerging technologies offers an opportunity for strategic business advantage to healthcare technology firms helping them develop evidence based medical practices. Today it is possible to remotely diagnose, monitor patient medical records and treat patients. Technology firms from time to time retool their thinking to improve their bottom line. Result - high speed/high tech. healthcare solutions that promise improved quality of care. Yes, we are talking about collaborations and partnership ventures by healthcare organizations. Retooling of strategies Bloomberg Businessweek news portal has carried one such story in ...Read More »

  • Moving into Oblivion – The 4G Network

    Smart phones, tablet computers and personal digital assistants have pushed the entry of mobile applications into the healthcare technology market. An era of experiments and inventions that followed brought in a series of new generation wireless technologies viz. 3G, 4G etc. Today almost all smartphones have some kind of “G” connectivity, including the new iPhone. According to a report by Research2Guidance, a global mobile research group, medical app market is worth about $718 million and is expected to double by the end of this year.  But popularity of 4G networks seems to be fading. What ails 4G  Carriers have not ...Read More »