Posts in Category: HIT

Improving the Business Performance of Your Heart Hospital 

An effective CVIS strategy can improve the business performance of your hospital The primary goal of any healthcare provider is to improve the lives of patients through effective treatment. However, because they are also businesses, hospitals have concerns that entail much more than this. To be viable in the long term, hospitals must manage their margins to fund their mission. There are three main pillars of business concern for any hospital: Clinical—health outcomes are measured with the goal of healthier patients leaving the facility. Financial—the dollars must add up to keep the enterprise solvent. Operational—staffing and facilities are measured against cost and need. Ultimate success for a hospital demands strength in all three areas. It's incumbent upon clinicians and service line managers to work together to seek out efficiencies in each of them. Praveen Lobo, VP Strategic Products New Operational Realities Payers' shift away from a ... read more
 

Spotlight on Analytics, Part 3 

Q&A with Gus Gilbertson, LUMEDX Products Manager
Financial Impacts on Healthcare Q: What are some of the key financial challenges facing healthcare providers today? A: One of the big challenges is the rapid technology change from health tracking, diagnosis, and risk modelling. That, combined with growing care quality and population management solutions, will change the way we look at health. Q: What are the financial benefits of using data analytics for healthcare providers? A: The key financial benefits for providers are the ability to manage patient risk and tailor care plans more efficiently to improve patient health. Healthier patients will likely get better jobs and be able to afford more healthcare. (Who isn’t willing to spend on their family’s health?) Remember, value equals cost / quality, so lower cost increases value and higher quality increases value. The U.S. healthcare industry is spending a lot of time looking at value in recent years. Patients, too, are slowly shifting to an awareness that they need ... read more
 
Posted by 06/27/2016 Categories: analytics healthcare reform HIT

Spotlight on Analytics 

With Gus Gilbertson, Product Manager for LUMEDX
Part 1 of our new series, Spotlight on Analytics Industry Overview Q: What are some of the challenges the healthcare industry is facing today? A: Population management initiatives, service bundling programs, payor and provider consolidation, expanding regulatory oversite, an aging population, and expanding quality initiatives – all are increasing value in the U.S. healthcare industry, stretching resources, but also reducing competition. At the same time, increased healthcare coverage has increased the number of paying customers in the industry. The growing focus on risk promises to change care planning for patients with diverse health profiles, but requires new ways of looking at patient care. In addition, the increased availability of basic health monitoring data to individuals is helping people manage their health, but incentives for lifestyle change are still evolving. Telehealth is becoming an important healthcare/population health management tool that will likely... read more
 
Posted by 05/05/2016 Categories: analytics health information technology HIT

The Best of Cardio, Health IT News: Week of 12/21/15 

Did you have a chance to check out the latest news from the cardiology community? Let us help keep you up to date on the stories you won't want to miss. Mount Sinai heart director predicts cardio care will focus more on prevention In the future, healthcare providers will put more emphasis on prevention, and (it is hoped) less on treating disease, Valentin Fuster, M.D., Ph.D., said during a Dec. 17 panel discussion at the United Nations. Fuster, director of Mount Sinai Heart and physician-in-chief of The Mount Sinai Hospital, added that the transition “will require that cardiovascular specialists and healthcare workers are trained in ambulatory and home-based care.” Heart disease still top cause of deaths, but rate is decreasing in U.S. Heart disease-related deaths are down, but still account for nearly one-third of all deaths in the United States, according to the American Heart Association's (AHA's) annual Heart Disease and Stroke Statistical Update. Cardiovascular... read more
 

The Best of Cardio, Health IT News: Week of 12/14/15 

Telehealth trend continues its upward climb
2015 sees digital health funding top $4.3 million More than $4.3 million flowed into the digital health market this year, with consumer engagement tools, personal health tools, and tracking categories by themselves making up 23 percent of overall funding. Consumerization in healthcare is also driving mergers or funding deals, according to a report by Rock Health. Doctor shortages, readmission fines drive up use of remote patient monitoring systems A new report from Frost & Sullivan predicts that the remote patient monitoring market will grow by 13.2 percent during the next five years. The market growth is thought to be caused in part by fear of readmissions penalties, an anticipated doctor shortage, and an increase of chronic health conditions. Kaiser betting telehealth is the wave of the future Kaiser Permanente Ventures has invested $10 million in Vidyo, a visual communications company that integrates hi-def video communications into workflow and patients’... read more
 

Best of Health IT News: Week of 07/23/15 

Did you have a chance to check out the latest healthcare IT news stories around the Web? We’ve captured the top industry news stories from this week that you won’t want to miss. CMS Updates Hospital Star Ratings, More than 500 Earn Top Marks The Centers for Medicare and Medicaid Services has published its latest patient satisfaction survey results, which shows that the number of hospitals earning a 5-star rating has more than doubled. 548 hospitals earned a 5-star rating for the reporting period between October 2013 and September 2014. Health Specialists Call for $2 Billion Global Fund for Vaccines Several global health experts have written a paper calling for the creation of a $2 billion global fund to support vaccine development. The fund would come from governments, foundations and the pharmaceutical industry, and would be used to develop new shots against high priority diseases such as Ebola, MERS and the West Nile virus. AMA Docs Fed Up with EHR Woes At a... read more
 

Best of Health IT News: Spotlight on Cardiology PACS 

The focus for this week's healthcare IT round-up is cardiology PACS and the cardiology imaging market. Read on to see the top industry news stories we've compiled from around the Web. Interoperability is Biggest Issue Facing CVIS/Cardiac PACS Diagnostic and Interventional Cardiology reports that the largest barrier to hospitals seeking to upgrade their CVIS or cardiology PACS systems is interoperability. The article states that: "... an ideal CVIS should be standards-based, vendor neutral, [and] use[s] structured reporting (to enable comprehensive searches and data mining)." Global PACS Market to Top $5.3B by 2020 GBI Research's lastest report on the global PACS market shows that the industry will surpass $5.3 billion in value by 2020. The global PACS market is currently valued at $2.9 billion, with the United States leading the charge. According to the report, "... many U.S. hospitals are considering upgrading their conventional PACS and are seeking interoperability with ... read more
 

LUMEDX-moderated #HITsm Twitter Chat: Friday, June 26, 2015 

Search the #HITsm hashtag on Friday, June 26 at 9am PT to join in a LUMEDX-moderated discussion on the topic of healthcare analytics. LUMEDX Custom Analytics Analyst Gus Gilbertson will lead participants through a conversation focused on the following questions: #HITsm T1: What healthcare performance standards provide the best benchmarks for assessing success in healthcare? #HITsm T2: What measures are driving healthcare strategy conversations beyond LOS, Readmissions, and Mortality? #HITsm T3: How are healthcare providers using predictive analytics to improve their financial and clinical outcomes? #HITsm T4: How do you measure the value of healthcare analytics? How can providers measure the success of their analytics initiatives? #HITsm T5: What best practices in workflow management have you seen? How has analysis of workflow benefited providers the most? #HITsm T6: What new uses of technology will change cost, consumer & provider landscape in healthcare... read more
 

Best of Health IT News: Week of 06/18/15 

Did you have a chance to check out the latest healthcare IT news stories around the Web? We’ve captured the top industry news stories from this week that you won’t want to miss. An Ideal Transition: Multi-Campus Rollout of Echo CVIS at Orlando Health Download the latest case study from Diagnostic & Interventional Cardiology to learn how Orlando Health has successfully implemented a physician structured reporting solution and PACS system for cardiac echo across five of its campuses. Interoperability, Telehealth Key to Chronic Disease Management Health IT Analytics reports on a recent letter that the College of Healthcare Information Management Executives (CHIME) has written to Congress, stating that the healthcare industry should focus on improving health data interoperability, raising patient engagement, and championing telehealth. Healthcare Increasingly Requires a Tech-Savvy Workforce According to Fierce Health IT, as the use of technology in healthcare... read more
 

Best of Health IT News: Week of 06/04/15 

Did you have a chance to check out the latest healthcare IT news stories around the Web? We’ve captured the top industry news stories from this week that you won’t want to miss. An Ideal Transition: Multi-Campus Rollout of Echo CVIS at Orlando Health Read the latest case study from Diagnostic & Interventional Cardiology to learn how Orlando Health has successfully implemented LUMEDX's physician structured reporting and image management solution across five of its campuses. Read how the hospitals use standardized reports for echo in order to improve efficiency and streamline workflow. Million Hearts Model Rewards Physicians for Prevention According to Medscape, the Center for Medicare & Medicaid Innovation (CMMI) recently announced a 5-year, randomized controlled trial to test the idea of paying physicians for reducing the long-term cardiovascular risk of their high-risk patients. CMMI will enroll 720 practices in the clinical trial between June and September, and ... read more