Posts in Category: health IT

LUMEDX Blog 

Health IT study identifies value-based care, analytics as top priorities

Healthcare providers are prioritizing value-based payment models in 2018 IT budgets and data analytics is the category most likely to see an increase in spending, according to a survey from healthcare advisory firm Damo Consulting.

According to the study, the biggest drivers of technology spending in the healthcare sector are value-based care initiatives (60.5 percent), patient engagement and care management (57.9 percent), enterprise digital transformation (47.4 percent), and considered cybersecurity and ransomware (39 percent).

The study also asked respondents which technology areas they think will see increased spending in 2018. Data analytics was the single biggest area identified, with 76.3 percent. Nearly half (47.4 percent) believe that AI and cognitive spending will increase in 2018, followed by digital health (44.7 percent).

When questioned about the biggest obstacles for growth in healthcare IT spending, a majority (60.5 percent) of respondents cited a lack of enterprise readiness for new technologies. Fifty percent of respondents believe interoperability challenges to be the second biggest obstacle and 47.4 percent indicated insufficient/unproven ROI on new IT solutions.

Among the other findings is that the CIO remains the most important decision maker (23.7 percent) for technology solutions and services in their client organization. However, other titles are gaining importance, such as CFO, CTO and CMIO.

Damo sought input from 38 individuals at global technology firms, population health management companies, digital health organizations and more. To read more, download the survey here.

At LUMEDX, we know that analytics and value-based care go hand in hand. Actionable insights from your data are key for health organizations making the transition from a fee-for-service payment model. For more information about how our HealthView Analytics offering can help you, visit lumedx.com/healthview-analytics or email info@lumedx.com.

LUMEDX Blog 

Visit LUMEDX at ACC.18 and NCDR.18 in Orlando

Join LUMEDX at the American College of Cardiology 67th Annual Scientific Session & Expo (ACC.18)—the largest gathering of innovative cardiovascular products and services under one roof—and the National Cardiovascular Data Registry Annual Conference (NCDR.18), a 2½-day program held right before ACC.18 that aims to help hospitals and health systems blaze trails in quality improvement.

During ACC.18, LUMEDX will be at Booth 3007 in the Interventional Pavilion, showcasing our cutting-edge software and services designed to help hospitals improve care and reduce costs across the cardiovascular service line. Schedule a meeting here to learn all about the latest CV data management tools and our new analytics-driven Cardiovascular Performance Program.

ACC.18 is March 10-12 at the Orange County Convention Center in Orlando, Florida. Expo hours are 9:30 a.m.-4:45 p.m. Saturday and Sunday, March 10-11, and 9:30 a.m.-2 p.m. Monday, March 12. The conference features content in 11 learning pathways, each narrowing in on a different clinical specialty of cardiovascular disease, including Interventional Cardiology, Congenital Heart Disease, Prevention and more.

An estimated 13,000 healthcare professionals will attend the event that is packed full of networking opportunities and chances to discuss and debate the latest science and information with the world’s top experts. For more information about ACC.18, click here.

If you are attending NCDR.18, be sure to stop by the LUMEDX table to see how the No. 1 independent provider of ACC-NCDR® registry software can help your hospital go beyond data collection with innovative ways to drive quality and contain costs.

NCDR.18 will be held March 7-9 at the Caribe Royale Orlando and is expecting a turnout of 1,700 registry professionals, quality improvement professionals, physicians and administrators. Exhibit hours are 5:30-8:30 p.m. Wednesday, March 7, 6:30 a.m.-7 p.m. Thursday, March 8, and 7 a.m.-2:45 p.m. Friday, March 9. For a complete agenda, click here.

Posted by Jana Ballinger Tuesday, February 20, 2018 9:51:00 AM Categories: ACC American College of Cardiology analytics cardiology health information technology health IT healthcare analytics HIT NCDR

Registries play a role in MIPS reporting  

​MIPS, the Medicare physician reimbursement program set to begin in 2019, is causing healthcare providers to consider the use of registries, if they haven't already, as part of their workflow practices.

This Merit-Based Incentive Payment System, part of the Quality Payment Program (QPP) created under the Medicare Access and CHIP Reauthorization Act of 2015 (MACRA), directs clinicians to meaningfully use certified electronic health record (EHR) technology, according to the American College of Cardiology.

One effect of the regulations is the promotion of the use of registries to help clinicians manage the reporting of the EHRs. MIPS allocates five bonus points in its scoring mechanism to clinicians who are using registries. "An eligible clinician can earn bonus points by completing additional measures under the Public Health and Clinical Data Registry Reporting objective, such as reporting to a specialized registry (i.e., the PINNACLE Registry) or using certified EHR technology to complete certain activities in the Improvement Activities category, such as managing referrals and consultations," the American College of Cardiology reports.

It makes good sense to incentivize use of registries, says Raymond R. Russell, III, MD., Ph.D., because they can help physicians and their teams face a challenge to develop systems that help fulfill reporting requirements with minimal burden. "For many cardiologists, an effective, efficient approach to reporting quality measures data is to take advantage of the registries at our disposal," he writes in Cardiovascular Business.

Qualified Clinical Data Registries (QCDRs), allow clinicians to report on specialty-developed measures that are robust and uniquely geared to their area of practice, thus fulfilling CMS reporting requirements while closely tracking the quality of their practices.

"As the cardiovascular community moves forward with the new value-based models for performance evaluation and reimbursement, it will be essential to develop effective tools that support efficient completion of requirements," Russell suggests. "Some tools, such as registries, are proven and available to us now."

LUMEDX, as the leading independent provider of ACC and STS registry software, believes registries are the cornerstone ao cardiovascular data intelligence and the foundation of a true CVIS (Cardiovascular Information Systems). For more information, visit our Registries page: http://www.lumedx.com/registries.aspx.

LUMEDX gets ready for ASE's Scientific Sessions  

The 28th Annual Scientific Sessions of the American Society of Echocardiography, the premier event for bringing together echo experts from around the world to share learning and networking opportunities, will take place June 2-6 in Baltimore, Md.

This year, the Scientific Sessions will highlight the cycle of introducing new advances into clinical medicine: investigation-innovation-incorporation. These three themes are integrated throughout the program and cover a broad range of topics related to cardiovascular ultrasound.

LUMEDX will be at ASE in force, manning Booth 617 at the Baltimore Convention center. Please drop by to see our latest workflow and data intelligence solutions.

Exhibition hours are:

Saturday, June 3, 4:30 p.m to 6:30 p.m - President's Reception
Sunday, June 4, 9 a.m. to 4 p.m.
Monday, June 5, 9 a.m. to 4 p.m.​

Can't make ASE this year? Contact us to learn about our newest echo innovations.

Data accessibility viewed as key to closing the gap between value-based care and health IT 

​Although much progress has been achieved in digitizing the healthcare system, today's health IT infrastructure still struggles to support a transition to "value-based care," according to a new report from the American Medical Informatics Association.

"Provider organizations pursuing new models of health care delivery and payment are finding that their electronic systems lack the capabilities needed to succeed," the study asserted. "The result is a chasm between the current health IT ecosystem and the health IT ecosystem that is desperately needed."

The report, titled, "Crossing the health IT chasm: considerations and policy recommendations to overcome current challenges and enable value-based care," outlines policy recommendations for patients, providers and researchers to improve access to healthcare data for all the groups and proposes new standards for IT systems and applications.

LUMEDX, the leader in cardiovascular data intelligence and a pioneer in cloud-powered healthcare solutions, offers a comprehensive suite of software and services enables meaningful analytics, high-performance workflows, optimal integration of clinical and HIS data, and improved continuity of care.

For more information on LUMEDX HealthView solutions, please visit www.lumedx.com or email info@lumedx.com.​

For healthcare services, the cloud has arrived 

It's becoming increasingly clear that healthcare providers are reaping big dividends from hosting data and services in the cloud.

"Hosting applications in the cloud can help you scale as you grow, collaborate with partners and patients, store and manage huge amounts of patient data and get a bigger return on your IT investments in the long run," Molly True wrote last week in HealthCare Business & Technology

She cited the ability for hospitals to combine a public cloud offering with a private cloud offering where the systems are connected and interoperate with other existing systems. Providers can also keep some of their most sensitive data on their premises and some of their applications.

The U.S. Department of Health and Human Services is following this trend. Last week, it announced plans to increase the adoption rate of cloud services this year from 18.5 percent to 30 percent of its systems.

"We have worked to embrace cloud," HHS Chief Information Officer Beth Killoran said. "If you do cloud properly, the implementation should be transparent to the workforce. When we did our financial systems upgrade last year, we had to provide training on the new capabilities -- not the platform. The effort has been a great success."

Moreover, in a recent survey, prominent healthcare executives predict a drastic shift from on-premise IT infrastructure into the cloud. That includes electronic health records, clinical decision support and analytics.

"I predict that five years from now none of us will have datacenters," Beth Israel Deaconess Medical Center CIO John Halamka said, according to Healthcare IT News. "We're going to go out to the cloud to find EHRs, clinical decision support, analytics."

LUMEDX's HealthView delivers HIPAA-compliant data management and analytics solutions via the cloud, making important data available to your providers-anywhere, anytime-while reducing the time and money you spend on IT infrastructure. To learn more about our various cloud and on-premise options, contact us at info@lumedx.com.

Integrated clinical analytics opens new vistas for healthcare providers 

The explosion of available health data is giving organizations the opportunity for the first time to leverage critical data analysis for key services such as financial and clinical decision support management.

This week, a report from Transparency Market Research (TMR) found that the global IT spending on clinical analytics reached $11.6 billion in 2015 and is projected to reach $32.4 billion by 2024.

The high demand of integrated clinical analytics solutions stems from their dynamic nature and ability for users to extract data from clinical documents synched with the system, such as (electronic health records) EHR, using the data to generate key insights, TMR said.

As a result, this spending makes sense when seen as the means to leverage programs offering actionable insight previously unavailable to healthcare leaders, Stefano Bertozzi, dean and professor of health policy and management at the UC Berkeley School of Public Health, said recently in Healthcare IT News.

"But to the extent that we are increasingly able to correct for other factors that create differences, Big Data can reveal what the differences in performance really are," he said. "And, as a result, what are the interventions that are effective for improving the performance."

LUMEDX is leveraging analytics for healthcare leaders to access new insights in key operations. LUMEDX's HealthView Analytics and Cardiovascular Performance Program (CPP) delivers immediate access to the clinical and financial information needed for success in value-based healthcare: registry, outcomes, and risk data; operational data; physician scorecards; and more.

By offering meaningful analytics that enable you to monitor, measure, and improve all aspects of CV services, LUMEDX's data intelligence tools and packages help drive performance while reducing costs.

 
 

Adventist Health System Joins LUMEDX Family 

LUMEDX is pleased to announce that we've welcomed another new client to our family: Adventist Health System. The faith-based health system is headquartered in Florida and has 45 hospital campuses with more than 8,300 licensed beds in nine states.

Implementation of LUMEDX's Cardiovascular Information System in the Adventist organization will begin at Florida Hospital Tampa. The next phases of the long-term CVIS project will be implemented at nine Central Florida facilities.

"LUMEDX has been working with Adventist Health System facilities for nearly 20 years, and during that time our partnership has produced a track record of success," says Mickey Norris, vice president and general manager at LUMEDX. "We're extremely proud to help meet Adventist Health System's cardiovascular information needs into the future. Our tools will provide operational, clinical and financial analytics that will allow Adventist Health System to quickly identify best practices in each of its cardiovascular facilities-maximizing efficiencies and minimizing costs."

The LUMEDX solution will:

  • Provide analytical tools that facilitate data-driven decisions in Adventist Health System's cardiovascular service lines
  • Connect independent data sources
  • Eliminate duplicative data collection
  • Provide remote access to the CVIS for physicians
  • Provide a comprehensive structured reporting solution with systemwide image management
  • Support compliance with federal, state and professional oversight bodies

We look forward to a long and productive relationship with our new partner!

For more information, click here.

Posted by Thursday, March 16, 2017 3:53:00 PM Categories: analytics cardiology cardiology PACS health IT healthcare today hospitals Lumedx Lumedx Users PACS

Cardiovascular World Gearing Up for ACC.17 


 

 

 

 

 

 

 

 

 

Cardiovascular professionals from around the world will be in Washington, D.C., this month for the American College of Cardiology's Scientific Session and Expo -- and LUMEDX will be there as well.

Set for March 17-19, the event will feature interactive debates, education and scientific presentations. ACC.17 also offers 11 learning pathways, allowing participants to focus on their choice of topics. More than 300 sessions will offer dual CME/MOC credit.

A myriad of clinical topics will be discussed, among them:

  • Atrial fibrillation
  • Acute heart failure
  • Cardiac surgery
  • Invasive cardiovascular angiography and intervention
  • Nuclear imaging
  • Pediatric/congenital cardiology
  • Vascular medicine

If you're going to ACC, stop by and say hi at LUMEDX Booth 2411: We'll be presenting the latest CV data-management tools and our new Cardiovascular Performance Program, which offers a no-charge analysis of your facility's CV service line performance on complication rates, including the associated costs -- and opportunities for improvement.  

If you'd like to schedule a one-on-one meeting with LUMEDX, click here

For ACC.17 registration information, click here

We hope to see you in D.C.!

Cardiac Bundled-Payment Program to Go Forward Despite Change in Administration 

The bundled-payment program for cardiac care will go forward despite the Trump administration and the confirmation of new Health & Human Services Secretary Tom  Price, a critic of the program. July 1 remains the start date for the initiative, according to an HHS official who spoke to Modern Healthcare.

Under the bundled-payment model, hospitals in 98 designated markets can keep the savings they achieve if they spend less than the target price for a 90-day episode of care for bypass and heart attack patients. However, hospitals that exceed the target price must repay Medicare -- and Target prices will be determined retrospectively.

The HHS spokesman confirmed that the start of the initiative will not be slowed by the Trump administration, which previously had moved to delay the effective date for a rule that launched it. Nor does it appear that Price will stand in the way of its implementation.

Last fall, Price criticized bundled payments in a letter to then-President Obama. Price objected to the mandatory nature of the initiative, arguing that the Centers for Medicare & Medicaid had exceeded its authority and upset the balance of power between Congress and the president.

CMS predicts that the program--which also covers knee and hip replacement--will save the federal government as much as $159 million between now and 2021. In 2014, the CMS said, heart attack treatment for 200,000 patients cost Medicare more than $6 billion. 

From one hospital to another, the cost of treating heart attack patients varies by as much as 50 percent. Does your hospital have a plan to meet the target prices for bypass and heart attack patients? LUMEDX's Cardiovascular Performance Program can help. Click here to find out how. 

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