External HIT Data Storage

Enter Cloud Computing

By Dr. David Edward Marcinko; MBA, CMP™

After a long time in development, Google publicly launched its free, Web 2.0 collaborative, online personal health records platform on Monday. It joins the likes of RevolutionHealth and Dossia. The operation first made headlines when Google announced it at the Healthcare Information and Management Systems Society [HIMSS] meeting a few months ago. Much like the “non-PHR” HealthVault initiative of the Microsoft Corporation, Google allows consumers to download records from its eight initial partners and store them for free.

A Minority of “in-vivo” EMRs

But, as readers of the Executive-Post know, only a few medical practices keep records electronically. The good news, on the other hand, is that Google has been thinking not just about EMRs, but also about the rest of data that’s most useful (Rx and lab results) and has some big players, such as Medco, Walgreens and Quest on its list of initial partners.

The bad news is that Google will also have to spend more time dealing with privacy zealots and storage space hogs.

Enter the Cloud

But, few health IT gurus talk about data storage in the web 2.0 cloud. And so, here is a list of technology leaders in the external disk storage, and data-recovery space. 

  1. EMC
  2. IBM
  3. HP
  4. Dell
  5. Hitachi
  6. NetApp

Assessment

Most of these firms take “data-snapshots” every fifteen minutes, so that if there is a blackout or other systems problem, no more than 14 minutes of data would be lost. And, there is no doubt that the need for more storage space will increase, going forward.

Conclusion

What do you think of these new HIT initiatives for personal EMRs; or the concept of cloud computing with data storage and recovery, in general?

Related Information Sources:

Practice Management: http://www.springerpub.com/prod.aspx?prod_id=23759

Physician Financial Planning: http://www.jbpub.com/catalog/0763745790

Medical Risk Management: http://www.jbpub.com/catalog/9780763733421

Healthcare Organizations: www.HealthcareFinancials.com

Health Administration Terms: www.HealthDictionarySeries.com

Physician Advisors: www.CertifiedMedicalPlanner.com

Speaker: If you need a moderator or speaker for an upcoming event, Dr. David E. Marcinko; MBA – Publisher-in-Chief of the Executive-Post – is available for seminar or speaking engagements. Contact him at: MarcinkoAdvisors@msn.com  or Bio: http://www.stpub.com/pubs/authors/MARCINKO.htm

Subscribe Now: Did you like this Executive-Post, or find it helpful, interesting and informative? Want to get the latest E-Ps delivered to your email box each morning? Just subscribe using the link below. You can unsubscribe at any time. Security is assured.

Link: http://feeds.feedburner.com/HealthcareFinancialsthePostForcxos

 

 

Milliman Medical Index Components of Spending

Components of Medical Costs

Staff Reporters 

According to the just released Milliman Medical Index Components of Spending [MMICS], the total medical costs for a domestic family of four reached $15,609 in 2008, as allocated below.

 

2008 MMI Component of Spending

Total Medical Cost*

Percentage

Physician

$5,435

35%

Inpatient

$4,724

30%

Outpatient

$2,516

16%

Pharmacy

$2,302

15%

Other

$633

4%

Total

$15,609

100%

 

*Includes both the portion of the costs paid by an employer’s benefit plan and the portion paid by the family in the form of out-of-pocket cost sharing.

Full report: http://www.milliman.com/expertise/healthcare/products-tools/mmi/pdfs/milliman-medical-index-2008.pdf 

Conclusion

Your thoughts and comments are appreciated?

Related Information Sources:

Practice Management: http://www.springerpub.com/prod.aspx?prod_id=23759

Physician Financial Planning: http://www.jbpub.com/catalog/0763745790

Medical Risk Management: http://www.jbpub.com/catalog/9780763733421

Healthcare Organizations: www.HealthcareFinancials.com

Health Administration Terms: www.HealthDictionarySeries.com

Physician Advisors: www.CertifiedMedicalPlanner.com

Speaker: If you need a moderator or speaker for an upcoming event, Dr. David E. Marcinko; MBA – Publisher-in-Chief of the Executive-Post – is available for seminar or speaking engagements. Contact him at: MarcinkoAdvisors@msn.com  or Bio: http://www.stpub.com/pubs/authors/MARCINKO.htm

Subscribe Now: Did you like this Executive-Post, or find it helpful, interesting and informative? Want to get the latest E-Ps delivered to your email box each morning? Just subscribe using the link below. You can unsubscribe at any time. Security is assured.

Link: http://feeds.feedburner.com/HealthcareFinancialsthePostForcxos

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