Archive for the ‘Healthcare Management’ 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 »

  • 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 »

  • Remote Health Management – The Final Nail

    In the previous article we highlighted some of the critical issues being addressed by the Remote Health Management mechanism with respect to the condition in the US. We would look further along those lines and some of the welcoming trends at the market place. The CHF Story The case of congestive heart failure (CHF) is a classic case that views many health defaulters in America. An average of about 5.3 million citizens suffer from severe CHF in the country. 380,000 among these were found to be above 65 years of age. It is estimated that the total cost required to combat ...Read More »

  • Remote Health Management – the US Story

    After having dwelled into the global picture of the Remote Health Management market, it’s time to get into the medical aspect of things as it holds critical status. Let’s take a look at the United States of America. As of today, as many as 135 million Americans are suffering from severe chronic conditions/ illnesses. If statistics are to be believed – no matter how overrated – then this number is definitely prone to increase at an exponential rate. In the view of the same, hospitals are under constant pressure to come up with new Read More »

  • Remote Health Management – Data Transfer and Competition Forces

    The previous article touched upon the highlights of a study that holds the role of RHM in a positive frame alongside initiating some of the fallouts. This piece would dwell deep into some of the evident challenges. Data Transfer We talked about reimbursement issues but these are not the only ones that limit complete penetration of the system. More often than ever, RHM devices require transmission of huge amounts of data from patients to the health monitoring service center which in turn transfers the information to the office of the respective physician. The entire transmission process would require constant broadband access, ...Read More »

  • After the quick skim through of the practical aspects of Remote Health Management, let’s broaden our understanding and incorporate the bigger picture. A study conducted by Philips states that the RHM industry performed better in while comparing patients with the help of networked monitoring devices and services and ones that receive just phone consultation from their nurses. Highlights of the Study The study resulted in the conclusion that telemedicine and telehealth management recipients spent about 26 percent time lesser in hospitals in comparison to those who received only phone consultations. [caption id="attachment_3203" align="alignright" width="300" caption="Healthcare Transformation"]Read More »

  • Remote Health Management – The practicality in theory

    After having understood the Remote Health Management and its usefulness in today’s world, it’s time to look at the stream with some fresh perspectives. Overview The fast growth of the RHM market is definitely not surprising. Scientia states that as much as 86 percent of Medicare’s costs arise due to chronic conditions. Further, a major fraction of these costs go into hospital admission and other emergency procedures that several hospitals put patients through. These unnecessary costs could be very easily prevented if doctors could monitor the ...Read More »