Patient Portals Business Set To Gain Huge Returns

Healthcare providers are aggressively adopting portal technology as market becomes more disruptive day-by-day

A new study suggests that by 2017, the U.S. patient portal business is expected to reach $898.4 million from a mere $279 million in 2012 – representing a staggering 221 percent growth.

https://i2.wp.com/www.healthfusion.com/images/new/BrowsingIpad_LookingOverSholder.jpgA new analysis “U.S. Patient Portal Market for Hospitals and Physicians: Overview and Outlook, 2012–2017” by Frost and Sullivan suggests that there will be an exponential growth witnessed in the patient portal segment, largely driven by regulatory factors such as the need to meet stage 2 meaningful use requirements. Other factors would include the growing move to clinical integration, Accountable care, and increasing consumer demand for health information technology.

According the study, around 50 percent of U.S. hospitals and 40 percent of U.S. physicians have some kind of patient portal technology which they use in conjunction with their electronic health record system. Continue reading

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Hospitals Are Set For Meaningful Use Stage 2 Now [REPORT]

More than 60 percent hospitals are prepared to take on Meaningful Use Stage 2, according to new HIMSS Analytics [twitter.com/HealthITplus]

https://i0.wp.com/www.ehealthdc.org/wp-content/uploads/1_Meaningful-Use_Arrow.jpgA new report released on Sept 18 from HIMSS Analytics, Hospital Readiness to Meet Meaningful Use Stage 2, reveals that over 60 percent of eligible hospitals have acquired the requirements for meaningful use stage 2. The report assesses the preparedness of eligible hospitals and their electronic health records that are used to store all patient information.

The highlights of the report include:

  • At least 60 percent of hospitals in the sample have met the requirements for at least nine of the core metrics that define Stage 2 meaningful use; and
  • Some 70 percent of respondents across all metrics are actively moving toward meeting Stage 2 meaningful use requirements.

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The Missing Link Between Meaningful Use And Health IT Innovation

Deadlines can never bring forth innovation. When everything is under the MU pressure, the need to meet Federal Mandates overshadows everything else. This results in loopholes, and in many cases, leads to bad engineering. [twitter.com/healthitplus]

https://i2.wp.com/www.medicaldatamanagementgroup.com/wp-content/uploads/2011/06/Picture-13.pngMany a times, EMRs are produced to meet the MU requirements but doesn’t meet the needs of the consumers. As a result, MU is failing to create the environment it is attempting to create through the stringent regulations and deadlines.

Yes, Meaningful Use has supported innovation in ways such as:

  • The Blue Button Plus supports a new, higher level of patient access to their data,and is built from components and requirements already present in Stage 2.
  • The Query Health initiative has done innovative work that supports not only its stated focus (health research) but also automation of quality measurement using HL7′s HQMF.

But eventually the Meaningful Use will stress on EMR developers to come up to the MU standards but not innovation. So, maybe we will see a gradual rise in applications that provide a different set of functionalities to EMRs.

Readers, what innovations would you like to see?

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