Financial Management

Kent Ivanoff, CEO of VisitPay, explains how consumerism has made it important for hospitals to have a good platform for collecting patient revenue.

Matthew Fisher, partner at Mirick, O'Connell, DeMallie & Lougee, lays out the business case for a value-based reimbursement model.

Economist says more scrutiny on elective procedures could contribute to a long-term solution.

Information Builders debuts Care Insights, Payformance Solutions unveils TrustHub software-as-a-service system, and VirtualHealth and SAS team for “whole person” care.

Terri Steinberg, MD, chief health information officer at Christiana Care, said the health system has notched some big wins in a short time through smart use of technology, care coordination and analytics.

TransUnion’s Jonathan Wiik weighed in on study released at HIMSS18 that shows Americans can’t afford their healthcare now, and it will get worse.

But while she agreed claims data should be available to patients, the devil’s in the details.

Health IT data from its Epic medical records system and risk scores from Optum went into the enterprise data warehouse.

Gerilynn Sevenikar, vice president of revenue cycle Sharp Healthcare, says millennials will reshape the healthcare landscape.

Building on the success of its EMR Adoption Model, otherwise known as EMRAM, HIMSS Analytics is introducing new models for infrastructure and supply chain and expanding its Digital Imaging Adoption Model. Much like EMRAM was a guidepost hospitals use when gearing up for an EHR go-live, the new models are designed to help users understand how to optimize infrastructure, supply chain and enterprise imaging. “Early infrastructure models were built around EHRs and on-site data centers but as cloud, telehealth and personalized medicine continue advancing, the infrastructure demands on a hospital have changed,” said Blain Newton, Executive Vice President of HIMSS Analytics. “Being able to understand how to adapt to that from disparate locations and access patient generated data is a very different game than when all you had to do was setup a server farm.” To that end, HIMSS Analytics built the Infrastructure Maturity Model, INFRAM, in collaboration with Cisco. Likewise, HIMSS Analytics partnered with Scan Health to create the H-SIMM. “When you think of supply chain, the real value is integration with clinical systems to reduce variability and cost of care,” Newton said. “If you have that integration, hospitals can achieve all kinds of financial benefits immediately from reducing waste and variability and the long-term play is very significant impact on clinical effectiveness.” Whereas INFRAM and H-SIMM are new models, HIMSS Analytics is working to bring its Digital Imaging Adoption Model (DIAM) to the United States and expand it to include Enterprise Imaging. “With the advancement of imaging technology and infrastructure to support large-scale data storage and transport, and AI to automate interpretation of images, we’re seeing an explosion in this space,” Newton said. Right now, leading systems such as the Mayo Clinic are leveraging heavy AI-enabled image reading and analysis but the question has become whether or not rural facilities can use technology, infrastructure and access to information in similar ways. “You have to be setup from a technology and workflow perspective,” Newton said. The new maturity models will be available in the summer of 2018. HIMSS Analytics is in Booth 1338. .jumbotron{ background-image: url("http://www.himss.org/sites/himssorg/files/u351641/HIMSS-sign5-jumbotron.jpg"); background-size: cover; color: white; } .jumbotron h2{ color: white; } HIMSS18 Preview An inside look at the innovation, education, technology, networking and key events at the HIMSS18 global conference in Las Vegas.