Financial/Revenue Cycle Management
Second quarter financial results were not a disappointment for EHR behemoth Cerner Corp., as officials announced Thursday afternoon a record "all time high" for Q2 results.
A Rhode Island hospital, who nearly two years ago notified 14,000 patients of a HIPAA breach involving their data, agreed Wednesday to hand over $150,000 to settle allegations that it failed to safeguard patient information.
The EHR vendor market landscape may be poised for a shakeup, as according to recent reports, Cerner may be exploring the possibility of acquiring the health IT division of Siemens Healthcare, which was among the EHR vendors that failed to increase marketshare in 2013.
Hospitals participating in Independence Blue Cross' accountable care contracts are reducing costs, improving care and earning incentives, according to the Philadelphia-based insurer.
2014's second quarter brought with it a boost in earnings for cloud-based EHR company athenahealth, which reported gains this time around after disappointing numbers last quarter. Net losses were also down significantly, company officials announced last week.
Venture capital funding for health information technology surpassed $1 billion for the first time in Q2 2014 -- far surpassed, in fact, with $1.8 billion raised in 161 deals, more than doubling the $861 million raised in the previous quarter.
Record amounts of cash continue to pour into the digital health arena, with the mid year numbers seeing record highs for year-over-year growth, according to a new Rock Health report. The explosive growth in digital health funding, however, has some analysts uneasy over a potential bubble in the market.
The Dorenfest Institute for Health Information has opened up new HIMSS Analytics data, offering insights into the IT usage patterns of thousands of U.S. hospitals and ambulatory clinics.
When a car rolls off an assembly line, the automaker knows exactly what parts, labor and facilities cost. Not so in healthcare, and now some health executives are trying to change that.
Even if the ICD-10 compliance date is farther away than it once was, it will arrive eventually. (For real, this time. We think.) And while you'd be forgiven for taking a foot off the proverbial gas, this is time that should be spent pushing ahead with preparedness plans.