The Pulse:
Healthcare Technology Blog
Regulatory reform, market trends, supplier news. Recalls and new product introductions. Notable quotables and high-profile executive moves. Read up on developments from the supply chain to the legal department.
Physician Employment by Systems Hits an All-time High. Here Are Some Laws to Consider
The number of physicians working for hospitals in the U.S. continues to grow. A study released this year by Avalere and the Physicians Advocacy Institute says that the percentage of hospital-employed physicians has increased by more than 70% over the last six...
How Artificial Intelligence Can Aid Post-Merger Integration
More than just a buzzword, artificial intelligence is already proving to be a game changer for organizations across a variety of industries—despite being in its infancy stage. Building off digital transformation, AI empowers organizations to leverage vast of amounts...
Five Contract Negotiation Strategies Healthcare Professionals Should Know
Skilled negotiators are like musical virtuosos. They have an extensive repertoire of instruments from which to draw upon, and they know when and how to make them a part of their performance. But negotiating healthcare contracts for capital, purchased services and IT...
Industry Voices—Emerging tech creates a make-or-break opportunity for payers
The cost of healthcare is rising and is expected to reach $2.6 billion by 2026, according to the National Institutes of Health. While this is an alarming projection, of equal concern is that approximately one-third of all healthcare spending in the United States is...
It All Starts with a Contract
At MediTract, while working with thousands of hospital clients for more than 20 years, we’ve heard a common theme: “We don’t know what we don’t know about our contracts.” One of our clients remarked recently that “contracts are the crypto-currency within the...
Cybersecurity Strategies and Best Practices
Cybersecurity continues to be a major concern for healthcare organizations. Because of the sensitivity of the information they keep, hospitals are becoming a chosen target of cybercriminals. Cyberattacks are no longer a matter of “if” but “when.” The threat was top of...
When It Comes to Hospital Contracting Compliance, Hope is Not a Strategy
In a study published by Crowe, a public accounting, consulting, and technology firm, the top compliance challenges facing hospitals in 2019 are physician contracting, non-physician contracting/supply chain agreements, and compliance with the Health Insurance...
How Credentialing Systems Can Create a Competitive Edge for Payers
In the highly-competitive insurance industry, payers are constantly tasked with finding new ways to differentiate themselves from their competition. An often-overlooked opportunity to stand out among the crowd is the provider data management and the credentialing...
Improving Cancer Detection in Women with Dense Breasts
Detecting breast cancer in its early stages in women with dense breasts has become increasingly important to women’s health clinicians. However, identifying lesions in dense breasts is challenging. The breast is made of fibroglandular and fatty tissues. The more...
The Incredibly Talented i-STAT
Exact numbers are not available, but I would venture to say that more than half the hospitals in the U.S. have i-STATs, and almost every ambulatory surgery center, surgical hospital, and stand-alone emergency room in the U.S. has one or more. Many healthcare entities...
The New Math of Value-Based Capital Budgeting: Determining the Right Technology
“Value” is the new common denominator in healthcare. Its emergence has been driven by the need to reduce costs and improve quality of care—two major forces shaping the ever-changing healthcare market. When it comes to capital planning, many health systems are learning...
Baby Boomer Joint Replacements on the Rise
As the Baby Boomer generation ages, joint replacements are on the rise. The Boomer generation strives to maintain an active lifestyle, which is taking a toll on their joints. Doctors recommend low-impact exercise such as cycling, using an elliptical, or doing aerobic...
AI Meets M&A: The Case for AI Support in Diligence Efforts for Healthcare Mergers and Acquisitions
According to statnews.com, there have been at least 100 hospital mergers and acquisitions annually since 2014. It’s a trend that’s sure to continue as hospitals look to gain efficiencies of scale and gain control over the entire continuum of care through acquisition...
Concerns Arise Over Direct-to-Consumer Genetic Testing
"Genutainment” – The Wedding of Genetic Science and Social Entertainment Unless you have been living off the grid, you have probably run into an advertisement online or on television like this: Simply submit your saliva and we’ll test your DNA and discover your family...
Better Together: Integrating Credentialing and Contract Lifecycle Management
In an industry as heavily regulated as healthcare, contracting takes on new importance. Here, compliance concerns mean that definitions of value must also encompass the potential regulatory penalties a health system must avoid. And within the context of compliance,...
Our Solutions Automate and Streamline Your Provider Management Processes.
Learn how our integrated MediTract CLM, Provider Onboarding, and Physician Analytics capabilities deliver measurable results to your healthcare organization.
