Our innovative team of medical industry thought leaders and strategic business and healthcare technology experts provide consulting services and solutions that accelerate the integration of administrative, clinical and financial information to help healthcare organizations make better business decisions, improve the quality of care and meet regulatory compliance requirements. Our services and solutions include but are not limited to the following:
Business Intelligence + "Big Data" Mining
Custom Application Development
Online and Mobile Physician Patient Communication Tools
Healthcare Content Management
EMR Consulting + EMR Meaningful Use
Medical and Patient Education Content Learning Management Platform
Healthcare Training + Readiness (ICD-10)
System Integration and Interoperability
IT-Enabled ACO - IT Strategy | Architecture | Roadmap Consulting
Healthcare Multi-Shoring Via Our Global Delivery Center in India for Mobilization of Qualified Resources to Deliver High Quality, Cost Effective Technology Services
Why are we in business? Well, if you take a look at the statistics below, we have a lot of exciting challenges to conquer in healthcare and we would like to lead the charge by innovating the way healthcare is delivered, shared, monitored, measured, and most importantly experienced. We want to play a big part in reducing cost while significantly improving quality and patient safety. The following key statistics, data points and numbers will help you understand our value proposition and why we want to serve you and your healthcare organization:
The Council for Affordable Quality Healthcare estimates the healthcare industry can save about $8.1 billion annually, including $6.7 billion in savings for healthcare providers and $1.4 billion for health plans each year, through additional conversions from manual to electronic transactions.
In 2012, paper-based claims submissions cost the healthcare system $2.58 each while electronic claims submissions only cost the healthcare system $0.54 each.
In 2013, 59 percent of non-federal acute-care hospitals in the U.S. had adopted at least a basic EHR system, according to the ONC, a 34 percent increase over 2012.
A majority of physicians — 83 percent — report they are using EHRs, according to a Medscape survey.
By 2013, 89 percent of critical access hospitals had installed full or partial EHRs, although many CAHs did not meet the meaningful use criteria.
The EHR market is estimated to reach $9.3 billion annually by the end of 2015, and will likely continue to grow until at least 2018, according to a report from Kalorama Information.
A recent survey found a majority of patients — 83 percent — expect hospitals to use EHRs, but only 53 percent said they trust the safety and security of the software.
Physicians are less likely than the nursing staff to be confident in their organization's ability to navigate meaningful use, according to a study in BMC Medical Informatics and Decision Making. Only 28.4 percent of physicians indicated confidence, while 47.1 percent of nurses reported confidence.
As of Jan. 1, approximately 257,000 eligible professionals faced a 1 percent Medicare payment adjustment for failing to meet meaningful use requirements. Approximately 28,000 eligible professionals will see a 2 percent reimbursement adjustment for failing to meet both meaningful use and the Electronic Prescribing Incentive Program.
The global mHealth market is expected to be worth approximately $49.1 billion by 2020, growing at a compound annual growth rate of 49.7 percent.
Nearly half of physicians — 48 percent — used mHealth to determine medication interactions, followed by 27 percent for diagnosis tools and 19 percent to access EHRs, according to a MedData group study.
More than one-third of physicians reported recommending an mHealth app to patients within the last year, and 47 percent have used their own devices to show patients images, according to a Manhattan Research survey.
Almost two-thirds of nurses (65 percent), said they use mobile devices, social media and online references for professional purposes, according to a Wolters Kluwer Health survey analysis.
Digital health funding had a record year in 2014, totaling $4.1 billion, according to Rock Health. Last year's funding totals surpassed digital health funding of the previous three years combined.
By 2020, 80 percent of healthcare data is expected to pass through the cloud, as providers increasingly use the cloud for data collection, aggregation, analytics and decision-making, according to IDC Health Insights.
IDC Health Insights also predicts 65 percent of healthcare interactions will be mobile by 2018.
*The statistics above have been adapted and updated from a previous Becker's Hospital Review article called "100 healthcare statistics to know."