Global EHR Market Estimated To Reach $22.3B by End of 2015, Report

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:

  • Australia;
  • Brazil;
  • Canada;
  • France;
  • Germany;
  • Japan;
  • The Nordics;
  • Spain;
  • The United Kingdom; and
  • The U.S. ———-> Read more [@HealthITplus]

Continue reading

ONC Released 2014 Edition EHR Certification’s Transparency Criteria

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 Intelligence reports. The new requirements were released on Tuesday.

Background

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.

Also see: Delivering Better Patient Experience With Digital Tools – Infographic

In its 2014 Edition EHR Certification Criteria, ONC outlined the requirements that EHR systems must meet in order for providers to be able to qualify for incentive payments. Continue reading

Patient-Doctor Communication Shows Positive Health Effects: Study

In a recent study conducted by Dutch scientists, electronic communication between doctors and patients has turned out to yield more positive health effects. The various mediums of electronic communication reviewed in the study included email, messages, patient-facing EHR etc. Scientists concluded that using effective communication between patient and doctor significantly affects care outcomes, health behavior, and patient satisfaction. In the paper, recently published in the Journal of Medical Internet Research, researchers looked particularly at studies focused on chronically ill patients.

Also see: Why EMRs Are Crucial To Patient Satisfaction

Authors Catharina Carolina de Jong, Wynand JG Ros, and Guus Schrijvers wrote, “Asynchronous communication is used by patients and it helps to increase the effects on health behavior and health outcomes, at least for some. Patients seem to be interested in using email and understand how to use it. They use email for questions about biomedical concerns, medication, and test results, as well as to inform the providers about non-urgent health issues. They tend to prefer email to telephone for this communication.” [@HealthITplus] Continue reading

Physicians’ EHRs Usage Increase, But ‘Digital Divide’ Remains: Study

https://i2.wp.com/www.practicefusion.com/ehrbloggers/wp-content/uploads/2011/09/iStock_000010227504XSmall.jpgIn the past four years, the adoption of electronic health records by primary care physicians has risen significantly. Physicians like the idea of staying connected with their patients. From the other end, patients also want to access their health records and to participate in their own health process. Even through the idea seems appealing to both patients and healthcare providers, a ‘Digital Divide’ still seems to linger between large and small physician practices, according to a new study by the Commonwealth Fund.

Also see: EHRs changing the way doctors deliver care

Here’s what the findings of the study outline: [@HealthITplus] Continue reading

Upcoming 2014 mHealth Events

There have been a lot of technological innovations and enhancements surrounding the mobile health (mHealth). Mobile health is considered the future of patient-centric care. One of the main factors contributing towards the growth of mobile health is consumerism. Today, consumers are becoming more tech savvy using their mobiles for a variety of stuff, every day. Smartphones and apps for healthcare are changing the way people are living and using apps to participate in healthcare.

mHealth Summit

https://i0.wp.com/socialcode.io/wp-content/uploads/news-mhealth-summit.jpg

The e-patient movement is the next big thing in the healthcare industry. Consumers are using multiple devices such as smartphones, tablets, wearable and connected gadgets such as watches, sensors etc. and are seeking new ways to integrate digital health into their day-to-day activities. Mobile sensors are taking more place within the industry. InMedica predicts that the American telehealth market will grow by 600 percent between 2012 and 2017. This would represent an increase from the current 227,000 telehealth patients to reach up to 1.3m patients in 2017. They think this is mostly related to the reimbursement changes in the US. [@HealthITplus] Continue reading

Growth Areas And Changes To Watch For In The Health IT Market In 2014

According to a new Research and Markets’ report entitled: North American Healthcare IT Market Report 2013-2017, the health IT market of North America is going to grow at a compound rate of 7.4 percent to reach $31.3 billion by 2017 from $21.9 billion in 2012. https://i2.wp.com/cdn2.hubspot.net/hub/215468/file-397288998-png/Blog_Images/north_american_health_it_growth.pngThe main factors driving this growth include higher demand for clinical information technology, and administrative solutions and services.

The report segments the market on the basis of applications, delivery modes, and components. Based on application, the North American healthcare information technology is segmented into provider (clinical information technology and non-clinical information technology) and payer, while the market by delivery mode is further categorized as on-premises, Web-based, and cloud-based. The healthcare information technology by component is made up of hardware, software and services. [@HealthITplus] Continue reading

Huge Growth Expected In The Area Of Device Integration [REPORT]

Device integration market is expected to grow ten-fold in next six years

According to a report from Transparency Market Research, the global medical device connectivity market will grow at a compound rate of 37.8 percent from 2013 to 2019, taking the current market worth $3.5 billion to over $33 billion by 2019.

https://i1.wp.com/medtechinsider.com/wp-content/uploads/2009/01/cambridge-consultants.jpgData integration from medical devices into EMRs helps save time, costs and eliminates human errors during documentation, and Meaningful Use clearly promises huge growth in the device integration. The market is already witnessing a steep rise with North America being the strongest contender. Thanks to increasing adoption of EMRs, and its continued growth is driven by factors such as increased need for workflow automation, efforts toward better patient safety, saved nursing hours, increased productivity of healthcare institutions, and minimizing the need for re-admissions. [twitter.com/HealthITplus] Continue reading

Practices Should Prep Up For ICD-10 Transition

An article published in Medical Economics suggests practices to get ready for the transition to the Tenth Revision of International Classification of Diseases (ICD-10). [twitter.com/HealthITplus]

https://i1.wp.com/rtwelter.com/wp-content/uploads/2013/08/ICD-10-Compliance-Services.jpgICD-10 increases the specificity of the report while conducting a diagnoses, thereby helping the physician to pin-point the issues faced by the patient. This has become a mandate and health providers have been instructed to document care properly or they may see a reduction in reimbursements. But there are also few concerns associated with the implementation of ICD-10 such as whether payers will be ready, and some experts are recommending practices secure a line of credit in advance.

One of the key steps in achieving ICD-10 readiness is appointment of a point-person to lead the transition. Next, it is important to contact software vendors to learn about the plans for upgrades, without assuming that vendors will make their systems ICD-10 compliant. Continue reading

Patients Still Unclear On Benefits Of Portals: Study

A study supported by U.S. Department of Veterans Affairs found that patients are embracing the concept of patient portals but the awareness among patients about the benefits of portals is rather low. There has been a rise in the usage of portals by patients to access and manage their health records but they are still unknown whether the portals actually improve outcomes, increase patient satisfaction or create efficiencies. Thttps://i2.wp.com/www.rawstory.com/rs/wp-content/uploads/2013/04/confused-woman-computer.jpghe findings were published in a new research by the Annals of Internal Medicine. [twitter.com/HealthITplus]

The researchers reviewed 46 different patient portals connected to EHRs. The results from the portals were not as commendable as they had expected. The evidences were mixed as to whether the tools improved outcomes and satisfaction. The researchers also found that the effect on utilization and efficiencies of portals also was “unclear” to patients. Any benefits associated with portal use may actually be attributable to increased case management, the authors said. Continue reading

Patients Still Not Fully Informed About EHRs

Survey reveals only 32 percent even want their health records to go digital.

A recent poll has shown that over two-third of the patients have complained that their providers have not adequately informed them about electronic health records. The survey also clearly shows that majority of Americans are also concerned about the security of their health records.

https://i2.wp.com/www.ala.co.uk/blog/wp-content/uploads/2013/11/confused-computer.jpg

The survey, conducted by Xerox suggests that providers should focus on educating their patients about the benefits and various implications of digitized health records instead of just stressing on adopting EHRs and collecting federal incentive payments.

The survey included more than 2000 U.S. adults and found that just over 29 percent of them were informed by their providers that their medical records were going to be digitized. Despite a rise than the previous years, the survey still shows that most Americans (83 percent) have big concerns about EHRs – largely centered on privacy and security. Continue reading