Financial/Revenue Cycle Management
Cash flow into the healthcare IT sector may just have reached its limit. Coming down from a torrid second quarter, Q3 venture capital funding for the sector dropped nearly 50 percent, according to the findings of a new report.
North Shore-LIJ Health System has launched HealthForce, a new business unit that will offer coding services to other healthcare organizations nationwide.
The Workgroup for Electronic Data Interchange this week shared the results of its latest ICD-10 survey with HHS Secretary Sylvia Mathews Burwell. It suggests that some momentum was lost as many payers, vendors and providers eased up on the gas pedal.
This past summer, AHIMA launched what it calls the first major survey taking stock of healthcare's information governance practices. The verdict? There's lots of work to do, with huge troves of data but not much strategy for using it all wisely. Next week in San Diego, IG comes to the fore.
The healthcare industry has traditionally been knocked for its slowness in adopting technology. A new Harvard study suggests that being late to the IT party could seriously hamper business growth.
The burgeoning digital healthcare market is where the money's at. In fact, in just three years' time, industry analysts project the sector will nearly double, thanks to evolving consumer expectations and a serious influx of start-up cash.
Hospital Corporation of America will acquire PatientKeeper, which makes software that enables physicians to have a unified view of disparate patient data, for an undisclosed sum.
EHR giant Cerner is now one step closer to completing its pending acquisition of Siemens Health Services, after the Federal Trade Commission gave the go-ahead to an early termination of the deal's waiting period under antitrust laws.
The Louisiana Department of Health and Human Services is the latest entity to face criticism over its handling of electronic health record incentive payments, after it was found to have overpaid hospitals $3.1 million in federal cash.
Wake Forest Baptist Medical Center, in Winston-Salem, N.C., has posted losses for the 2013-2014 fiscal year, ending June 30. It's the second year in a row Wake Forest reported millions in losses, apparently unable to bounce back from the hit it took over difficulties with its $280 million rollout of its Epic electronic health record system.