HISTORY IS REPEATING ITSELF Imagine how epic EHRs would have been if the current companies were founded by healthcare providers, designed by healthcare providers, and owned by healthcare providers with controlling interests in the companies. As a nation we might have actually seen meaningful use achieved. The promise of less administrative burdens, improved efficiency, and […]
If AI is rapidly transforming many sectors of our economy, why is it not revolutionizing surgery? I had this question raised to me at the Health 2.0 Conference held recently in Las Vegas. In reality, where it is correctly applied, Artificial Intelligence (AI) has indeed been transforming the surgical marketplace for years. How has AI […]
Change Health’s Loan Program is Not Enough In the aftermath of a significant ransomware attack on Change Healthcare, the organization has initiated a temporary loan program aimed at supporting physicians facing halted insurance reimbursements. This strategic move has been seen as essential for maintaining operational cash flows and ensuring uninterrupted patient care during the critical […]
Key performance indicators (KPIs) are the cornerstone of any successful business strategy. However, it’s crucial to focus on the right metrics. Traditional KPIs like Relative Value Units (RVUs) and patient or case volumes might seem indicative of a practice’s performance but fail to directly correlate with financial health. These metrics do not account for the […]
“When I finally understood the root cause of the administrative burden tied to surgery everything changed. I thought it was the EHR, but it’s not. This underlying issue, which has been prevalent for at least five years, is now clearly out in the open. It’s disheartening to witness the adverse effects of such systemic challenges […]
Let’s take a look back at one year ago… Burnout and depression were an issue before the pandemic and continue to have a negative impact on physician well-being; this year’s Medscape report shows that the problem is only getting worse,” said Leslie Kane, M.A., Senior Director, Medscape Business of Medicine. Physicians are looking for substantive […]
“Marketing a virtual medical practice can cost anywhere from $600-$5,000 per month. It’s hard to know which package or which company to choose. The best way would be to talk to a fellow physician who has started a virtual practice and immigrate their marketing program. A $5k a month commitment makes sense if there is […]
The pressures facing current clinicians have not gone unnoticed by today’s students, who share their concerns about the expectations of them once they enter clinical practice… Jan Herzhoff, PhD, President, Health Markets at Elsevier Health In a recent presentation with top surgeons, health systems, and medical device executives, the critical need for innovation in patient […]
As the CEO of a leading healthtech company, I am continually exploring innovative ways to improve patient access to medical devices. This mission is not just about technology; it’s about understanding and addressing the multifaceted needs of patients. Assessing Patient Needs: A Critical Step First, any framework should rightly emphasize the importance of assessing patients’ […]
Avoid the pitfalls in surgery by using an AI assistant that all stakeholders can understand and trust. One that allows surgeons to Just Do Surgery. As a healthtech CEO, I’ve seen firsthand how the right AI tools can revolutionize surgical care. I am always amazed about how much medical management many surgical practices do. It […]
As the CEO of a leading healthtech company, I would like to share some insights on the common pitfalls and mistakes to avoid when implementing AI software in Healthcare Information Technology (HIT), drawing from our experience in prequalifying, triaging, and scheduling surgical patients. A Case Study of Unintended Consequences Recently, we have been in collaboration […]
Navigating the complex ecosystem of modern healthcare, we stand at the intersection of clinical excellence and fiscal stewardship. The recent discourse by Brian Gragnolati at the Reuters Total Health conference resonated deeply with me, as it underscored a familiar tension heard with my peers: the delicate balance between providing uncompromising patient care and managing economic […]