Posted by Mike Fontana on 11 Mar 2015
With all of our discussions around the need to further develop Consumerism and how Patients, Providers and Payers engage each other, the creation, growth and processes regarding health information technology development is so important as we have mentioned in previous blogs. With an increased digital landscape and mindset, it is important to not only allow the market an unobtrusive canvass, but encourage and reward the further development and uses of technology.
As this continues to happen, developing the means of interconnecting these disparate systems and solutions will be increasingly important in order to get to what are the expected results, which are satisfied consumers with the best health outcomes and wellness as could be garnered.
These connections will be necessary from both internal and external operations relationships. Internal can be both an intra-mode (internal to a hospital) and inter-mode (internal to a healthcare system). For external connectivity, we need to examine how well information is shared both direct (Patient, Provider and Payer) and indirect (Provider/Payer/Patient and the data aggregator).
Let us also make sure that when speak of data we are talking about what is done with the information. As a person who spent much time on the financial side of organizations, I was many times inundated with it, much of which I found unneeded. To me that was costly and I looked at much of it as overhead. But the data I found necessary had to be timely, accessible, and usable in order for me to get the most from it. With this increasing need for information and data sharing from these internal and external systems, I find you will hear 3 words constantly used when interoperability is being spoken about. They are Efficiency, Quality and Right.
Efficiencies are what are necessary in order to do more engagement with less revenue resources per patient. Some will say that this is defined by the need for cost containment, but I like to think about it as more cost effectiveness, getting the most from your buck. Quality is mentioned with better outcomes and improved or desired results and, let us not forget, consumer satisfaction. Right is spoken about in the context of having the right information, at the right time and at the right place.
Going forward, new value-based payment models from bundled payments, and advancing to adjusted capitation, will push forward the need for increased technology and operability, as well as models of care including Accountable Care Organizations and Patient Centered Medical Homes. With these changes, the individual consumer must be at the center of the focus, with their EMR, and a new industry mentality around communication and wellness.
In order to make this new relationship successful with the consumer, with changing value propositions where the individual can determine how, where and when they will be accessed, from a single transaction to ongoing monitoring, patient-facing technology must continue to be developed and integrated into the daily work flow of the Provider. This means how organizations communicate with all of the participants in the chain, even when their work flows may be very different, has never been more important. Patient facing technologies on both the clinical and administrative sides are more necessary than ever, with data sharing interconnections. Whether standards need to be developed to ensure the flow of information, in addition to general data access and the increased ability to be interpreted, flexibility to allow for ongoing development will be important.
06 Feb 2018 Blog The 6 Critical Components of Effective Healthcare Billing As patients increasingly bear more personal financial responsibility for their healthcare costs, it’s imperative that healthcare providers make their billing process as clear and actionable as possible.
01 Feb 2017 Blog Healthcare Providers and the Transition to a Digital World It is important for healthcare providers to make a concerted effort to retain patients amid soaring costs and increased competition.
30 Nov 2016 Blog Infographic: Four Trends Impacting Healthcare in the United States The American healthcare industry is in a state of massive transformation.