UnitedHealthcare, Aetna, BlueCross BlueShield and Human, and various other national commercial health insurers say they are ready for ICD-10’s October 1 implementation deadline
According to a survey by the American Academy of Family Physicians, most of the major health insurance carriers say they ready for the code change.
AAFP survey results said, “It is important that the nation’s largest private payers including UnitedHealthcare, Aetna, BlueCross BlueShield and Humana, are ready for the transition so payments to physicians are not delayed.” [@HealthITplus] Continue reading →
According to a new research from BCC Research, the mobile health (mhealth) industry revenue growth will reach a staggering $21.5 billion in 2018. The mHealth industry is expected to grow at an impressive compound annual growth rate (CAGR) of 54.9%. Europe is coming up as a strong market in the mHealth division and is expected to outdo the current leader, North America, by 2018. [@HealthITplus]
During the HIMSS14 conference, Accenture released its report containing forecast for the global EHR market through the year 2015. According to the report, the worldwide EHR industry is expected to reach $22.3 billion by the end of 2015
By the end of next year, the global EHR market report hints at peaking over $22 billion, according to Accenture. Undoubtedly, U.S. is expected to grab an estimated $10.1 billion (or 47 percent) of the market. The survey was conducted in the following 10 countries:
A research released by Medical Group Management Association (MGMA) throws light on the overall readiness of healthcare industry to meet the Oct. 1 ICD-10 deadline, finding it “continues to be slow.” The MGMA research corroborates the findings of another recent survey conducted by QualiTest which showed providers were far from ready for the October deadline.
MGMA wrote, “The greatest concern is the lack of communication and critical coordination between physician practices and their essential trading partners (such as claims clearinghouses, electronic health record (EHR) vendors and practice management system vendors) regarding software updates and testing, which has not yet occurred. Only 4.8% of practices reported that they have made significant progress when rating their overall readiness for ICD-10 implementation.” [@HealthITplus] Continue reading →
According to a study conducted by Aloft Group, an international brand strategy and marketing execution firm, less than half of U.S. healthcare providers are 25 percent or even lesser done on their ICD-10 implementation process.
The survey included over 200 healthcare providers – 75 percent of which were community hospitals. The study also revealed that 35.4 percent of the providers were 25 percent done with the conversion, while 15.3 percent haven’t even started the process yet. A year ago in 2013, 40.8 percent of those surveyed said they were 25 percent done, and 33.8 percent hadn’t gotten started. [@HealthITplus] Continue reading →
National Coordinator for Health IT Karen DeSalvo said at the fourth annual Health Care Innovation Day on Thursday that interoperability will be the “top priority for 2014,” as far as the Office of the National Coordinator for Health IT is concerned.
During the occasion, DeSalvo also pointed out five other ONC priorities in order to augment patient care experience, improve population health and reduce costs:
Increasing health IT adoption
Establishing standards to enable interoperability
Providing incentives to help facilitate interoperability
Ensuring the privacy and security of personal health information
Providing health IT governance and structure
“Interoperability will enable the promise of health information technology in the clinical interface for the health systems and the population and community at large to come to fruition,” DeSalvo stated. [@HealthITplus]
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The Office of the National Coordinator of Health IT released two new transparency requirements included in the 2014 electronic health record certification criteria in the EHR Intelligencereports. The new requirements were released on Tuesday.
As per 2009 federal economic stimulus package, Medicaid and Medicare incentive payments were available for healthcare providers who would demonstrate meaningful use of certified electronic heath record (HER) systems.
Just when you thought Apple was working on a bigger iPad and iPhone, its top executives met with the U.S. Food and Drug Administration to discuss on “mobile medical applications.” The story was also covered last week in the Friday edition of the New York Times. Much of the speculations are around developing applications for the iWatch, which is expected to be launched by end of this year.
The meeting included top of the line executives from Apple including Senior Vice President of Operations Jeff Williams, Vice President of Software Technology Bud Tribble and Michael O’Reilly (who recently joined Apple from the medical monitoring company Masimo). From thr FDA’s panel, Jeff Shuren, director of the FDA’s Center for Devices and Radiological Health, and Bakul Patel, who helped draft the FDA’s guidance on mobile medical applications, had attended the meeting, reports Times. [@HealthITplus] Continue reading →
According to a study report by Commonwealth Fund, adoption of electronic health record systems (EHRs) has increased significantly from 2009 to 2012. The study also finds that larger organizations have reported higher adoption rate than smaller settings. Also, there has been a considerable lag in interoperability between providers’ systems and patients.
Between 2009 and 2012, the EHR adoption rate jumped from 46% to 69%, as did their use of certain health IT functions such as electronic prescription transmissions to pharmacies, 34% to 66%; and electronic lab ordering, 38% to 54%.
But the report also highlighted that only half of physicians in solo practices were using EHRs in 2012 vs. 90% of docs in groups of 20 or more. Also in 2012, just 1 in 3 primary-care physicians could swap clinical summaries with a physician colleague and only 35% could share lab results outside their practices. [@HealthITplus] Continue reading →