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Newsletter
JANUARY 2018
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Solving for Today.
Preparing for Tomorrow.
With the new year now upon us, commercial insurers are doubling down on value-based care. As employers, along with their employees, continue to be squeezed by the cost of healthcare insurance, commercial payers are responding accordingly. In fact, arguably the most impactful relationship in healthcare is an employer to an employee, as employers have leverage and will drive better health. Employers recognize that the true solution is not spreading around the cost of premiums, but rather driving down the cost of care. As employers continue to advocate for changes to healthcare delivery that address cost containment, payers will be forced to turn to providers and demand innovation.
As a result of these pressures, an upsurge of M&A activity continues in the healthcare delivery organization space, as stakeholders seek to increase the scale and capabilities needed for value-based care and reimbursement. This trend is likely to increase as HDOs adopt additional value-based care models and transition to risk-based arrangements. Consolidation persists, as evidenced with the latest agreement between Catholic Health Initiatives and Dignity Health to create a 139-hospital, $28.4 billion health system. Soon after came reports of St. Louis-based Ascension and Renton, Wash.-based Providence St. Joseph discussing a merger, which would result in a 191-hospital, $44.8 billion operation.These deals illustrate how the composition of nonprofit American health systems is continuing to change from local and regional entities to corporate national networks, resulting in alignment between similarly sized organizations, and an increase in creative partnerships that allow for collaboration.
It is with this background of M&A and consolidation that we announce a complimentary expert panel webinar on application transition, legacy system retirement and data archival. April Morris, Program Manager, Catholic Health Initiatives, Douglas Miller, Project Director, Partners Healthcare, and Christy Erickson, Director of Clinical Transformation Services, Galen Healthcare Solutions, will share perspectives and insights to help you successfully tackle healthcare data archival to retire systems, reduce costs and maintain access to critical data. Please join us on Tuesday, February 6th at 12:00PM ET.
Our Newsletter also reports on:
- Inpatient EMR replacement & market share.
- Our top blogs of 2017.
- Health IT 2017 year in review and 2018 predictions roundup.
I hope that you find this information helpful, and as always, we welcome your feedback.
Steve Brewer, Chief Executive Officer
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This Issue
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Our Top 10 Blogs of 2017
With 2018 now upon us, we thought you might enjoy a compilation of the top 10 most popular blog posts of 2017, in one place. We hope you found our content from 2017 valuable, and look forward to being a leading health IT resource in 2018. Please let us know what trends and topics you would like covered in the coming year. We certainly welcome and value any feedback you may have.
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Health IT 2017 YIR & 2018 Predictions Roundup
The New Year provides an opportune time to reflect on the previous year and take stock of HealthIT news, trends, accomplishments, and takeaways. It also serves as a fitting time to make predictions about what is in store for the coming year. We surveyed the major HealthIT news outlets for their year in review and top predictions for 2018
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CHIME CIO Interview Series: Brian D. Patty, VP, CMIO, Rush University Medical Center
Physician burnout is a significant issue, one that not only affects provider well-being but patient care as well. Brian Patty, CMIO at Rush University Medical Center, is determined to do something about it. In this interview, Patty discusses how benchmarking surveys have allowed pinpointing where physician efficiency issues reside, what the seven domains are to address physician burnout, and how an NLP engine is changing the game for sepsis prevention.
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Inpatient EMR replacement: Epic & Cerner gain, while Allscripts & MEDITECH lose market share
An upsurge of M&A activity continues in the healthcare delivery organization (HDO) space as stakeholders seek to increase the scale and capabilities needed for value-based care and reimbursement. The HDO M&A trend is likely to continue, if not increase, in 2018 as HDOs adopt additional value-based care models and transition to risk-based arrangements.
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Expert Panel: Application Transition, Legacy System Retirement, and Data Archival
Whether it’s a massive enterprise-wide EMR conversion or the smaller affair of sun-setting a legacy departmental system, the devil of making such projects work on time and on budget is not only in the details, it’s in the data. Effective management of legacy data is critical to minimizing the disruption of EMR replacement and ensuring the transition does not compromise patient safety. This panel webinar aims to help you successfully tackle healthcare data archival to retire systems, reduce costs and maintain access to critical data.
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Avera Health Addresses Gestational Diabetes with Obstetrics Telemedicine Program
I had the opportunity and pleasure to interview Dr. Kimberlee McKay, OBGYN and Clinical Vice President of Avera Health’s OB service line, and Kristin Laberis, MTS who works with a wide variety of Service Lines offered by Avera Health. We discuss the business needs which drove the telemedicine program at the organization, telemedicine roll-out with the Obstetrics department, and positive preliminary outcomes with Gestational Diabetes.
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