Financial/Revenue Cycle Management
As myriad healthcare organizations have attested, the aftermath of a HIPAA violation generally isn't a pretty sight, especially when it comes to one's bank account. One Indiana-based health system has witnessed this reality after being slapped with an $800,000 settlement for violating the HIPAA Privacy Rule.
Simply put, most revenue cycle management systems aren't suited for a future where providers are paid for quality, not volume. That, coupled with increasing hospital consolidation and the fact that the "the average system out there is quite old," means the entire concept of RCM is due for a shakeup.
3D printing is set to become a disruptive technology across many sectors, including healthcare – and a money saver too. Employing 3D printing, one medical wearable startup tallied savings of more than $250,000 in one year.
In search of innovative new information technology that can help hospitals like them improve care, two of California's biggest health systems have teamed up to create an investment fund to help foster new companies.
The long and short of it is this: Old code deteriorates over time. It begs to be transported to new platforms. With that, though, comes challenges.
A triad of big name hospitals have come under fire recently for allegedly overcharging patients for copies of their medical records.
Some analysts are predicting the next "great wave" in EHR purchasing among U.S. hospitals to be just around the corner. But do the numbers really bear that out?
Health IT solutions company Medfusion has officially terminated its contract with EHR giant Allscripts following a series of unresolved payment disputes, company officials announced Monday.
Health information exchange is at a crossroads, with many HIEs having exhausted their funding -- and some having already gone out of business -- just as data exchange is becoming more important than ever. Some innovative exchanges are proving their value, however.
Cloud-based EHR company athenahealth will resign from the EHR Association. Its executives say it does not belong there, since it is neither an EHR company nor a software vendor.