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Bain & Company - KLAS Research 2023 HealthTech Report: Key Points for Providers, Vendors & Investors

Lloyd Price

In a survey of 201 US healthcare provider executives conducted in June 2023, 56% of the respondents cited software and technology as one of their top three strategic priorities, compared with 34% in 2022. Providers are investing in RCM software to improve their efficiency and accuracy, and to reduce costs.

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Bonus Features – May 7, 2023 – Less than 1% of all medical claims include an ICD-10 Z code, 78% of consumers say virtual health is important when considering health plans, and more

Healthcare IT Today

The analysis also found that Z-codes are most frequently used in behavioral health and acute care settings. Nearly 60% of today’s college students received mental health care from kindergarten through 12th grade , according to survey data from TimelyCare, which provides virtual health services to higher education.

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Weekly Roundup – June 10, 2023

Healthcare IT Today

Read more… Surveying Lab Tests From a Health IT Perspective. Read more… Gaining More Control With a Cloud-Based EHR. Moving to the eClinicalWorks Cloud EHR simplified the IT environment – and improved account management and authentication. RCM vendor Aspirion acquired FIRM Revenue Cycle Management Services.

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Bonus Features – December 4, 2022 – 34% of Americans take anti-anxiety meds during the holidays, hospital margins at -2% but show signs of hope, and more

Healthcare IT Today

A DrFirst survey of more than 1,000 Americans concluded that one-third of Americans have taken anti-anxiety medications to manage family stress during the holiday season. Politics, family drama, and love life are the topics of conversation that are most likely to increase anxiety, the survey said.

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Bonus Features – April 2, 2023 – 63% of nurses say AI will cause a generational divide among nursing staff, 67% of consumers prefer electronic medical bills but 78% of providers still use paper, and more

Healthcare IT Today

Hint Health debuted Hint All-in-One , an EHR, practice management, and patient communications app for direct primary care. AdvancedMD announced its 2023 Spring Product Release , with 31 updates across EHR, practice management, and patient engagement functions. People Consultancy AVIA appointed Scott Cullen, M.D.,

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Bonus Features – May 28, 2023 – 20+ health systems pledge to use Epic to share info under TEFCA, 84x increase in telehealth for mental health from 2019 to 2022, and more

Healthcare IT Today

News and Studies Nearly two dozen health systems have pledged to use Epic to share health information through the TEFCA framework , the EHR vendor announced, adding, “Our plan is to deliver software this year that will help our customers to be among the initial participants in TEFCA.”

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Bonus Features – July 23, 2023 – Number of people impacted by data breaches up 56% compared to last year, CMS keeps temporary telehealth expansion in 2024 Medicare fee schedule, and more

Healthcare IT Today

The number of individuals impacted by healthcare data breaches is up 56% from last year , according to a Fortified Health Security analysis of HHS data. Pennsylvania-based Universal Health Services is expanding its Oracle Health EHR deployment to more than 200 behavioral health facilities.