Every healthcare CIO knows that having the right enterprise resource planning (ERP) solution contributes to a smoothly functioning healthcare operation — and having the wrong ones can amount to costly IT headaches, often characterized by unmet needs, lack of standardization, security risks, insufficient integration and more.
Healthcare IT Insights: An Effective Community Connect Plan Reimbursement for healthcare services continues to shift from fee-for-service toward value-based models focused more on care management and quality outcomes.
Telemedicine has risen in popularity during the COVID-19 pandemic, with physicians and patients using remote health services much more frequently since 2020. And even as the COVID crisis begins to recede, it would appear that telehealth is here to stay.
Healthcare imaging has come a long way since the invention of the x-ray, giving today’s providers diagnostic and screening capabilities that were unimaginable just a decade ago.
Value-based healthcare is paying for quality, rather than quantity, of services. A large component of the move towards value-based care is a set of financial incentives and disincentives designed to drive quality improvement and control costs for hospital-based care.
According to a 2020 McKinsey survey of hospital CFOs, 84% of respondents indicated a negative impact on operating margins into 2021. In fact, according to Kaufman Hall, over 1⁄3 of U.S. hospitals continued to face negative gross margins through the end of 2021.
In June 2022, software giant Oracle closed its deal to acquire the health IT vendor Cerner. Valued at over $28B, the deal is one of the largest acquisitions by Oracle and anchors it firmly within the healthcare industry.
Healthcare organizations are increasingly considering new imaging technologies to serve a rapidly changing healthcare delivery landscape.
As organizations embrace environmental, social, and governance (ESG) strategies, healthcare technology leaders and Chief Information Officers (CIOs) must be ready for how a comprehensive approach to ESG will impact the underlying technology and services that run the business today.