Archive for the ‘Healthcare review’ Category

  • 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 fortherecordmag.com.  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 »

  • 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 e-caremanagement.com. 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 »

  • “Patients in the U.S. do not receive any exceptional care compared with other industrialized countries in Europe and Asia Pacific,” quoting from a recent study released by The Commonwealth Fund.  Author of this study, David Squires saysU.S. has a variable quality of healthcare. It is “better-than-average in cancer survival rates, average in-hospital mortality rates for heart attacks and stroke, and the worst in preventable deaths due to asthma and diabetes-related complications.” The basis of his analysis is data from the Organization for Economic Cooperation and Development and other sources.       Major Causes Another Kaiser ...Read More »

  • “U.S health policy is at the crossroads. Will it be able to continue down the path of reform or move backward,” asks Jonathan Oberlander PhD., in a study recently published in the England Journal for Medicine (NEJM). “The U.S medical care is often characterized as a “non-system,” says the report.   Major Findings According to the study, “United States developed a patchwork of public and private coverage instead of a single insurance system organized by the government. Employer-sponsored private insurance emerged to cover working Americans and their families. Between 1987 and 2010, the uninsured population grew from 31 million (12.9% of the population) ...Read More »

  • The Centers for Medicare and Medicaid Services (CMS) finalized the meaningful use of EHR stage-2 incentive program by a regulation issued recently. The Healthcare Information and Management Systems Society (HIMSS) has also assured all support to the healthcare community in its endeavor to transform healthcare delivery in the United States in a big way.   What it means to the Physicians Physicians who earned EHR incentives in 2011 and 2012 would enter the EHR stage-2 phase starting from October 2014. The final rule spells out all the core objectives - within all 20 performance measures - that doctors have to meet in stage-2. ...Read More »

  • Ask people what they like the most in “reforms”, the most likely answer is insurance coverage. PPACA has been able to reform several aspects of the insurance industry and public health insurance programs, expanding insurance access to over 30 million Americans, says government sources.  The U.S. Health Administration estimates that the number of uninsured citizens will reduce to 8 per cent by 2016. Yet the public perception about healthcare reforms is divided. There are physicians who are not in favor of this reform but do not hide the fact that a change is very much needed.   From the Patient’s Perspective Caught in ...Read More »

  • Two years ago President Obama signed the Affordable Care Act, in order to give all Americans a better healthcare system. There are several key provisions designed to help make healthcare more affordable and help address the drivers of health care costs. However, more groundwork is needed to make the healthcare program 100 per cent acceptable.   Facts and Figures: “The new law has saved money of millions of Americans under Medicaid and private insurance for recommended preventive care at no additional cost,” claims the U.S. government agencies. Healthcare costs in 2010 has fallen to record lows compared to 2009, says another report. The ...Read More »