Support our online development, and advance our onground research initiatives in free market economics, as we seek to showcase the brightest Next-Gen minds.
THE ME-P DISCLAIMER: Posts, comments and opinions do not necessarily represent iMBA, Inc., but become our property after submission. Copyright © 2006 to-date. iMBA, Inc allows colleges, universities, medical and financial professionals and related clinics, hospitals and non-profit healthcare organizations to distribute our proprietary essays, photos, videos, audios and other documents; etc. However, please review copyright and usage information for each individual asset before submission to us, and/or placement on your publication or web site. Attestation references, citations and/or back-links are required. All other assets are property of the individual copyright holder.
The Presidential Election 2012
This November saw healthcare executives pay big campaign money to both political parties.
Health IT vendors, however, upped the ante this election year, paying out some hefty donations of their own. Judith Faulkner, CEO of Epic, and Allscripts CEO Glen Tullman are among this year’s top spenders.
Conclusion
Your thoughts and comments on this ME-P are appreciated. Feel free to review our top-left column, and top-right sidebar materials, links, URLs and related websites, too. Then, subscribe to the ME-P. It is fast, free and secure.
Link: http://feeds.feedburner.com/HealthcareFinancialsthePostForcxos
Speaker: If you need a moderator or speaker for an upcoming event, Dr. David E. Marcinko; MBA – Publisher-in-Chief of the Medical Executive-Post – is available for seminar or speaking engagements. Contact: MarcinkoAdvisors@msn.com
Our Other Print Books and Related Information Sources:
Health Dictionary Series: http://www.springerpub.com/Search/marcinko
Practice Management: http://www.springerpub.com/product/9780826105752
Physician Financial Planning: http://www.jbpub.com/catalog/0763745790
Medical Risk Management: http://www.jbpub.com/catalog/9780763733421
Hospitals: http://www.crcpress.com/product/isbn/9781439879900
Physician Advisors: www.CertifiedMedicalPlanner.org
Share this:
Filed under: Information Technology | Tagged: Allscripts, AthenaHealth, EHRs, EMRs, Epic, Glen Tullman, Health IT Vendors Pony up Political Cash to Both Parties, HITECH, IT, Jonthan Bush, Judith Faulkner |
The Leading Business Education Network for Doctors, Financial Advisors and Health Industry Consultants 
25% of data breach victims become fraud victims
[Two years ago it was only 10%]
On April 29 2013, three days after the Department of Homeland Security notified US citizens that Dentrix G5 electronic dental record system was vulnerable to hackers, and five days after Justin Shafer posted a YouTube video showing the step-by-step exploit which attracted Homeland Security’s attention, Clinical Innovation + Technology posted “Case study: Breach increases risk of fraud,” by Beth Walsh.
http://www.clinical-innovation.com/topics/privacy-security/case-study-breach-increases-risk-fraud
Walsh writes:
A case study examining the 2012 Utah Department of Health (UDH) data breach that compromised the protected health information of 780,000 individuals found a distinct association between healthcare data breaches and fraud.
The case study, conducted by Pleasanton, Calif.-based Javelin Strategy & Research, found that in 2010, if an individual received a data breach notification, there was more than a one in 10 chance that individual also would be a victim of fraud. In 2012, the correlation jumped to one in four, officials say.
The UDH data breach was a failure to manage IT assets correctly, and could easily have been avoided with proper systems lifestyle management, basic checklists and risk assessment. The $2 million to $10 million the breach cost the state is small compared to the total fraud cost of $406 million that researchers estimate will come as a result of the breach. Based on research projections, 122,000 cases of fraud will result from this breach, coming with a price tag of more than $3,000 per victim.
D. Kellus Pruitt DDS
LikeLike
Providers Are Held Accountable … Why Aren’t Technology Vendors?
Health information technology (HIT) systems are able to track physician actions and measure outcomes down to the individual patient level and allow organizations to closely monitor the quality levels of a given physician.
http://thehealthcareblog.com/blog/2013/07/26/providers-are-held-accountable-why-aren%e2%80%99t-technology-vendors/
So, why can’t these same tools should be able to monitor the performance of the vendors who are there to support these clinicians?
With patient engagement solutions, for example, vendors claim they can help improve HCAHPS scores, treatment adherence, patient outcomes, and reduce costs, but have no evidence to back it up.
So, what’s up with quality control?
Dr. Bostwicki
LikeLike
2011-2012 Health Information Systems Vendors by Revenue (in Millions)
McKesson $3,200 $3,195
Cerner $2,665 $2,200
Siemens $1,800 $1,700
Epic $1,500 $120
AllScripts $1,466 $1,449
GE Healthcare $850 $900
Meditech $597 $545
NetGen $375 $353
CPSI $183 $174
HMS $175 $110
NTT Data $150 $160
QuadraMed $85 $170
Healthland $75 $70
Source: Health Data Management, May 2013
LikeLike