Week Ending 07-20-2018: Optimizing patient outcomes and management costs through value-based care
Financial IT experts say it’s time for healthcare CIOs to pay attention to “next generation financial management tools.” According to John Moore of Chilmark Research, “blockchain has the potential to dramatically change how financial technologies are delivered.” Read more.
Further evidence to support the industry shift to value-based care –– work resulting from a United Healthcare and Medtronic partnership has reduced hospital readmissions by 27 percent. The reason for the dramatic decrease, sources cite “commitment by both organizations to prioritize innovation that improves health outcomes and lowers healthcare costs.” Read more.
Cerner and Lumeris announced a new partnership intent on addressing the inefficiencies of health systems and value-based reimbursement. Combining the strengths of both companies, patients and providers could start seeing new tools as soon as 2019. Read more.
Another key acquisition in the healthcare industry –– this time, Health Catalyst and Medicity. As the industry continues down the path of digital transformation, we can expect healthcare providers teaming up with technological solutions providers to become more commonplace. Read more.
Everything is driven by data, healthcare is no different. Providers and health systems utilize data to improve quality while attempting to lower costs. HealthTech Zone’s latest article outlines the 7 essential steps to increasing revenue with data in the age of digital health. Read more.