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Dell Services Appoints Dr. Nick van Terheyden as New Chief Medical Officer

PLANO, Texas, July 20, 2015Dell Services announced today that Nick van Terheyden, M.D., former chief medical information officer of Nuance Communications, has been named Dell Healthcare & Life Sciences chief medical officer.

As chief medical officer, Dr. van Terheyden is responsible for providing strategic insight to help Dell advance its support of healthcare organizations, medical professionals and patients through information-enabled healthcare. He will report to Sid Nair, vice president and global general manager of Dell’s Healthcare & Life Sciences (HCLS) Services business.

“Dr. van Terheyden’s unique combination of medical experience, business strategy and creativity make him the perfect addition to Dell.” Sid Nair, vice president and global general manager, Healthcare & Life Sciences, Dell Services. “As Dell’s new chief medical officer, Dr. van Terheyden will play a key role in providing our customers access to expertise that is crucial in navigating clinical issues and applying innovative solutions in an increasingly complex healthcare industry.”

As a 25-year veteran of healthcare technology, Dr. van Terheyden is well-regarded for his contributions to the evolution of healthcare technology; as a thought leader and social media evangelist, Dr. van Terheyden will help Dell’s global healthcare customers develop a strategy and apply technology to achieve an IT environment that is interconnected, efficient and patient-focused. Prior to joining Dell, he served as chief medical information officer for Nuance, where he drove the company’s healthcare strategy to improve healthcare utilizing technology including speech recognition, medical intelligence and clinical language understanding to positively impact patient outcomes.

Dr. van Terheyden has impressive international experience in the Middle East, Australia, the UK, Malaysia and New Zealand. His diverse career experiences include collaborations with top healthcare organizations including Philips Healthcare, Mount Sinai Medical Center, KPMG, Healthcare International and Shell. Additionally, he aided in the development of one of the first electronic medical records, served as a business leader in one of the first speech recognition Internet companies. He is a graduate of the Royal Free Hospital School of Medicine, University of London and has several professional memberships including HIMSS, mHealth Executive Committee, AMIA, and AMDIS.

Dell continues to expand its commitment in the healthcare space through its end-to-end integrated solutions combining services, software and hardware—including patient engagement, predictive analytics, Healthcare Cloud & Interoperability, Clinical Applications Management as well as managed infrastructure, application and business process services. Dell has earned the ranking of number one in Healthcare Provider Services for six consecutive years by Gartner.

About Dell
Dell Inc. listens to customers and delivers innovative technology and services that give them the power to do more. As one of the leading providers of end-to-end IT solutions for healthcare worldwide, Dell helps healthcare organizations to simplify administration; coordinate and manage patient care; transition from episodic care to prevention and wellness management; and ultimately to deliver personalized medicine. Follow @DellHealth and @DellServices on Twitter.

Dell World
Join us Oct. 20-22 at Dell World 2015, Dell’s flagship event bringing together technology and business professionals to network, share ideas and help co-create a better future. Learn more at www.dellworld.com and follow #DellWorld on Twitter.

Supporting Resources:

July 20, 2015 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 10 blogs containing over 8000 articles with John having written over 4000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 16 million times. John also manages Healthcare IT Central and Healthcare IT Today, the leading career Health IT job board and blog. John is co-founder of InfluentialNetworks.com and Physia.com. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and LinkedIn.

CMS Begins Implementation of Key Payment Legislation

Proposed Update to Physician Fee Schedule is First Since Repeal of SGR

Today, CMS released the first proposed update to the physician payment schedule since the repeal of the Sustainable Growth Rate through the Medicare Access and CHIP Reauthorization Act of 2015 (MACRA).  The proposal includes a number of provisions focused on person-centered care, and continues the Administration’s commitment to transform the Medicare program to a system based on quality and healthy outcomes.

“CMS is building on the important work of Congress to shift the Medicare program toward a system that rewards physicians for providing high quality care,” said Andy Slavitt, Administrator of CMS.  “Thanks to the recent landmark Medicare and children’s health insurance program legislation, CMS and Congress are working together to achieve a better Medicare payment system for physicians and the American people.”

In the proposed CY 2016 Physician Fee Schedule rule, CMS is also seeking comment from the public on implementation of certain provisions of the MACRA, including  the new Merit-based Incentive payment system (MIPS). This is part of a broader effort at the Department to move the Medicare program to a health care system focused on the delivery of quality care and value.

The proposed rule includes updates to payment policies, proposals to implement statutory adjustments to physician payments based on misvalued codes, updates to the Physician Quality Reporting System, which measures the quality performance of physicians participating in Medicare, and updates to the Physician Value-Based Payment Modifier, which ties a portion of physician payments to performance on measures of quality and cost.  CMS is also seeking comment on the potential expansion of the Comprehensive Primary Care Initiative, a CMS Innovation Center initiative designed to improve the coordination of care for Medicare beneficiaries.

The proposed rule also seeks comment on a proposal that supports patient- and family-centered care for seniors and other Medicare beneficiaries by enabling them to discuss advance care planning with their providers. The proposal follows the American Medical Association’s recommendation to make advance care planning services a separately payable service under Medicare.

The release of the rule triggers a 60-day comment period, during which time CMS welcomes the input of stakeholders and the public.  A final rule will be published this fall. For a fact sheet on the proposed rule, please see here. For further information, please see the rule on display here.

July 8, 2015 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 10 blogs containing over 8000 articles with John having written over 4000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 16 million times. John also manages Healthcare IT Central and Healthcare IT Today, the leading career Health IT job board and blog. John is co-founder of InfluentialNetworks.com and Physia.com. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and LinkedIn.

CynergisTek Expands Leadership Team to Support Company Growth

Adam Hawkins Advances as Vice President of Sales and Marketing to Drive Continued Expansion Amid Increased Demand for Privacy and Security Expertise in Healthcare

Austin, Texas, June 29, 2015CynergisTek™, an authority in health information privacy, security and compliance, today announced it has expanded its leadership team with the addition of Adam Hawkins as Vice President of Sales and Marketing. Effective July 1, 2015, Adam will be responsible for the sales and marketing operations at CynergisTek, as well as the strategic planning, development and implementation of the company’s Managed Services and Vendor Security Management offerings. In addition, Adam will continue to ensure a high-level of support is maintained across the company’s client base of healthcare provider organizations. Adam originally joined CynergisTek as Director of Client Services in 2012, and was an integral part of developing a highly successful sales team as the company restructured its sales and marketing efforts from the ground up.

Adam’s transition to this executive role will be critical in effectively managing unprecedented company growth spurred by increased demand for privacy and security expertise in healthcare. The company has experienced a 70 percent increase in revenue over the last calendar year, and has rapidly expanded its workforce, requiring seasoned leadership in sales, marketing and client services. Adam has more than a decade of experience in healthcare information security and clinical technologies, positioning him well to manage the company’s sales force, marketing department and partner alliances.

“Adam’s commitment to matching providers with the best possible solutions for their privacy and security needs has been instrumental in fostering the trust our clients have come to know and rely on us for,” said Dr. Michael Mathews, CynergisTek Co-Founder and COO. “Adam has a proven track record of ensuring client success, and we are pleased to have him join the executive team where he can exercise his leadership skills and provide strategic direction as we continue to grow.”

Complex regulations, looming enforcement action and prevalent data breaches in the healthcare industry have made data security a top priority for most providers. This increased focus on information security has led many organizations to seek outsourced expertise, driving business for CynergisTek and opening the door to new career opportunities at the company for those with education and experience in information technology.

“It’s been the opportunity of a lifetime to be a part of a company that is leading the healthcare industry at such a critical time,” said Adam. “It has been very rewarding to help CynergisTek clients navigate today’s dynamic threat environment, and I am looking forward to stepping into my new role where I can fully dedicate myself to adding value across the board.”

Prior to joining CynergisTek, Adam was a Regional Sales Executive at Diebold and DrFrist and Director of Sales & Technology at VisionTree. Adam holds a Bachelor’s of Science in Information and Decision Systems and Political Science from California State University, San Diego.

About CynergisTek

CynergisTek is a top-ranked information privacy and security consulting firm. The company offers solutions to help organizations measure privacy and security programs against regulatory requirements and assists in developing risk management best practices. Since 2003 the company has served as a partner to hundreds in the healthcare industry. CynergisTek is also dedicated to supporting and educating the industry by contributing to relevant associations such as HIMSS, AHIMA, HFMA, HCCA, AHIA, AHLA, IAPP and CHIME. CynergisTek was recognized by KLAS®, as one of three firms provider organizations turn to most for privacy and security assistance in its groundbreaking report released in May 2014, entitled “Security and Privacy Perception 2014: High Stakes, Big Challenges.” For more information visitwww.cynergistek.com, call 512.402.8550 or email info@cynergistek.com.

June 29, 2015 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 10 blogs containing over 8000 articles with John having written over 4000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 16 million times. John also manages Healthcare IT Central and Healthcare IT Today, the leading career Health IT job board and blog. John is co-founder of InfluentialNetworks.com and Physia.com. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and LinkedIn.

New Medicare data available to increase transparency on hospital and physician utilization

Data serves as a rich resource to clearer look into Parts A and B costs, services, and trends

As part of the Administration’s efforts to promote better care, smarter spending, and healthier people, today CMS is posting the third annual release of the Medicare hospital utilization and payment data (both inpatient and outpatient) and the second annual release of the physician and other supplier utilization and payment data. The announcement was made at the annual Health Datapalooza conference in Washington, DC.

“These data releases will give patients, researchers, and providers continued access to information to transform the health care delivery system,” said acting CMS Administrator Andy Slavitt. “It’s important for consumers, their providers, researchers and other stakeholders to understand the delivery of care and spending under the Medicare program.”

The Medicare hospital utilization and payment data consists of information for 2013 about the average amount a hospital bills for services that may be provided in an inpatient stay or outpatient visit. The hospital data includes payment and utilization information for services that may be provided in connection with the 100 most common Medicare inpatient stays and 30 selected outpatient procedures at over 3,000 hospitals in all 50 states and the District of Columbia. The top 100 inpatient stays represented in the hospital inpatient data are associated with approximately $62 billion in Medicare payments and over 7 million hospital discharges.

The Medicare Part B physician, practitioner, and other supplier utilization and payment data consists of information on services and procedures provided to Medicare beneficiaries by physicians and other healthcare professionals. The data also shows payment and submitted charges, or bills, for those services and procedures by provider. It allows for comparisons by physician, specialty, location, types of medical services and procedures delivered, Medicare payment, and submitted charges. The new 2013 dataset has information for over 950,000 distinct health care providers who collectively received $90 billion in Medicare payments. Hospitals, physicians, and other health care providers determine what they will charge for services and procedures provided to patients and these “charges” are the amount the hospital or provider generally bills for the service or procedure, but the amount paid is determined by Medicare’s physician fee schedule or other payment methodologies. CMS protects beneficiaries’ personal information in all its data releases.

“Data transparency facilitates a vibrant health data ecosystem, promotes innovation, and leads to better informed and more engaged health care consumers,” said Niall Brennan, CMS chief data officer and director of the Office of Enterprise and Data Analytics. “CMS will continue to release the hospital and physician data on an annual basis so we can enable smarter decision making about care that is delivered in the health care system.”

The Administration has set measurable goals and a timeline to move Medicare toward paying providers based on the quality, rather than the quantity, of care they give patients. These data releases are part of a wide set of initiatives to achieve better care, smarter spending, and healthier people through our health care system. Open sharing of data securely, timely, and more broadly supports insight and innovation in health care delivery.

Today’s data release adds to the unprecedented information recently released on Medicare Part D prescription drugs prescribed by physicians and other health care providers.

To view a fact sheet on the 2013 hospital charge data, visit: http://www.cms.gov/Newsroom/MediaReleaseDatabase/Fact-sheets/2015-Fact-sheets-items/2015-06-01.html.

To view a fact sheet on the 2013 Medicare Part B physician data, visit:http://www.cms.gov/Newsroom/MediaReleaseDatabase/Fact-sheets/2015-Fact-sheets-items/2015-06-01-2.html.

June 1, 2015 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 10 blogs containing over 8000 articles with John having written over 4000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 16 million times. John also manages Healthcare IT Central and Healthcare IT Today, the leading career Health IT job board and blog. John is co-founder of InfluentialNetworks.com and Physia.com. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and LinkedIn.

National Health Expenditures Continued Slow Growth in 2013

Health spending continued to grow at a slow rate last year the Office of the Actuary (OACT) at the Centers for Medicare & Medicaid Services (CMS) reported today. In 2013, health spending grew at 3.6 percent and total national health expenditures in the United States reached $2.9 trillion, or $9,255 per person. The annual OACT report showed health spending continued a pattern of low growth—between 3.6 percent and 4.1– percent for five consecutive years. The report is being published today in Health Affairs.

The recent low rates of national health spending growth coincide with modest growth in Gross Domestic Product (GDP), which averaged 3.9 percent per year since the end of the severe economic recession in 2010. As a result, the share of the economy devoted to health remained unchanged over this period at 17.4 percent.

“This report is another piece of evidence that our efforts to reform the health care delivery system are working,” said CMS Administrator Marilyn Tavenner. “To keep this momentum going, we are continuing our efforts to shift toward paying for care in ways that reward providers who achieve better outcomes and lower costs.”

Total national health spending slowed from 4.1 percent growth in 2012 to 3.6 percent in 2013.  The report attributes the 0.5 percentage point slowdown in health care spending growth to slower growth in private health insurance, Medicare, and investment in medical structures and equipment spending.  However, faster growth in Medicaid spending helped to partially offset the slowdown.

Other findings from the report:

  • Medicare spending, which represented 20 percent of national health spending in 2013, grew 3.4 percent to $585.7 billion, a slowdown from growth of 4.0 percent in 2012. This slowdown was primarily caused by a deceleration in Medicare enrollment growth, as well as net impacts from the Affordable Care Act and sequestration.  Per-enrollee Medicare spending grew at about the same rate as 2012, increasing just 0.2 percent in 2013.
  • Spending on private health insurance premiums (a 33 percent share of total health care spending) reached $961.7 billion in 2013, and increased 2.8 percent, slower than the 4.0 percent growth in 2012. The slower rate of growth reflected low enrollment growth in private health insurance plans, the continued shift of enrollees to high-deductible health plans and other benefit design changes, low underlying medical benefit trends, and the impacts of the Affordable Care Act.
  • Medicaid spending grew 6.1 percent in 2013 to $449.4 billion, an acceleration from 4.0 percent growth in 2012. Faster Medicaid growth in 2013 was driven in part by increases in provider reimbursement rates, some states’ expanding benefits, and early Medicaid expansion.
  • Out-of-pocket spending (which includes direct consumer payments such as copayments, deductibles, spending by the insured on services not covered by insurance, and spending by those without health insurance) grew 3.2 percent in 2013 to $339.4 billion, slightly slower than annual growth of 3.6 percent in both 2011 and 2012.
  • Among health care goods and services, slower growth in spending for hospital care and physician and clinical services contributed to slower growth in national health care spending in 2013. However, faster spending growth for retail prescription drugs in 2013 partially offset the overall slowdown.
  • Hospital spending increased 4.3 percent to $936.9 billion in 2013 compared to 5.7 percent growth in 2012. The lower growth in 2013 was influenced by slower growth in both price and non-price factors (which include the use and intensity of services). Growth in private health insurance and Medicare hospital spending decelerated in 2013 compared to 2012.
  • Spending for physician and clinical services increased 3.8 percent in 2013 to $586.7 billion, from 4.5 percent growth in 2012. Slower price growth in 2013 was the main cause of the slowdown, as prices grew less than 0.1 percent. Growth in spending from private health insurance and Medicare, the two largest payers of physician and clinical services, experienced slower spending growth in 2013, while Medicaid growth accelerated as a result of temporary increases in payments to primary care physicians.
  • Retail prescription drug spending accelerated in 2013, growing 2.5 percent to $271.1 billion, compared to 0.5 percent growth in 2012. Faster growth in 2013 resulted from price increases for brand-name and specialty drugs, increased spending on new medicines, and increased utilization.
  • In 2013, households accounted for the largest share of spending (28 percent), followed by the federal government (26 percent), private businesses (21 percent), and state and local governments (17 percent).

Since 2010, the share of health spending financed by the federal government decreased—from 28 percent to 26 percent in 2013. At the same time, the share financed by state and local governments increased—from 16 percent in 2010 to 17 percent in 2013. These shifts resulted primarily from the June 2011 expiration of additional Medicaid funding provided by the federal government to the states through the American Recovery and Reinvestment Act of 2009.

The report includes all of the net impacts of the Affordable Care Act provisions as well as the budget sequester through 2013.  The Affordable Care Act provisions that exerted downward pressure in 2013 were:

  • productivity adjustments for Medicare fee-for-service payments
  • reduced Medicare Advantage base payment rates
  • increased Medicaid prescription drug rebates
  • the medical loss ratio requirement for private insurers

The Affordable Care Act provisions that exerted upward pressure in 2013 included:

  • early Medicaid expansion initiatives
  • a temporary increase in Medicaid primary care provider payments
  • reducing the size of the Medicare Part D donut hole
  • the implementation of prescription drug industry fees

The OACT report will appear at http://www.cms.gov/Research-Statistics-Data-and-Systems/Statistics-Trends-and-Reports/NationalHealthExpendData/NationalHealthAccountsHistorical.html

December 3, 2014 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 10 blogs containing over 8000 articles with John having written over 4000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 16 million times. John also manages Healthcare IT Central and Healthcare IT Today, the leading career Health IT job board and blog. John is co-founder of InfluentialNetworks.com and Physia.com. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and LinkedIn.

Broader Approach Urged for Evaluating Financial Performance of Employed Physicians

(Nov. 21, 2014, Westchester, Ill.) – Current approaches to measuring the financial performance of employed physicians can obscure the value that employed physicians bring to an organization, according to new research released today by the Healthcare Financial Management Association (HFMA).

Based on productivity alone, fewer than 25 percent of senior financial executives surveyed expected to see a positive return on investment during the first two years of physician employment, a finding that researchers described as “not surprising” in light of current payment methodologies and productivity decreases that often occur when physicians move into an employment setting. However, instead of using “loss per physician” as a financial metric, researchers say, a health system should fully account for the value that employed physicians bring to the system. That is, looking at the system as a whole, management should determine an acceptable level of expense to generate sufficient revenues to maintain the system’s financial health and invest in physician financial support accordingly.

“It’s vital to ensure that the contributions of physicians are accurately valued and described,” said HFMA president and CEO Joseph J. Fifer, FHFMA, CPA. “Physician commitment to care transformation is critical to an organization’s success in making the transition to a value-based health system.”

The report was issued against a backdrop of continued growth in physician employment by hospitals and health systems, with 64 percent of hospital- and health system-based senior financial executives surveyed pursuing a physician employment strategy. The report also addresses clinically integrated networks and accountable care organizations as viable alternatives to physician employment for those providers seeking greater alignment.

Fundamental elements of a physician strategy identified and addressed in depth in the 24-page report include the following:

  • Determining the best alignment opportunities for physician practices in a particular market
  • Building a sufficient primary care base to support specialty services
  • Communicating the need for flexibility and change in physician compensation agreements
  • Developing physician leadership and governance structures

The research findings are detailed in Strategies for Physician Engagement and Alignment, based on quantitative and qualitative research conducted by HFMA in March 2014. Of 118 responses to the survey of senior financial executives, 55 percent represented stand-alone hospitals and 45 percent represented health systems. Site visits and interviews also were conducted with five hospitals, health systems, and medical groups.

To download the full report, visit hfma.org/valueproject.

About HFMA
With more than 40,000 members, the Healthcare Financial Management Association (HFMA) is the nation’s premier membership organization for healthcare finance leaders. HFMA builds and supports coalitions with other healthcare associations and industry groups to achieve consensus on solutions for the challenges the U.S. healthcare system faces today. Working with a broad cross-section of stakeholders, HFMA identifies gaps throughout the healthcare delivery system and bridges them through the establishment and sharing of knowledge and best practices. We help healthcare stakeholders achieve optimal results by creating and providing education, analysis, and practical tools and solutions. Our mission is to lead the financial management of health care. hfma.org

November 21, 2014 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 10 blogs containing over 8000 articles with John having written over 4000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 16 million times. John also manages Healthcare IT Central and Healthcare IT Today, the leading career Health IT job board and blog. John is co-founder of InfluentialNetworks.com and Physia.com. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and LinkedIn.

Cody Consulting Streamlines CMS Compliance, Improves Analytics and Reporting with Launch of the CodySoft® Investigations Module™

TAMPA, Fla. (September 16, 2014) — For health plans, staying on top of The Center for Medicare and Medicaid Services’ (CMS’) Part C and Part D regulatory reporting requirements can be a labor-intensive and time-consuming job. This job just got easier with the launch of the CodySoft® Investigations Module™.

“The challenge for many health plans is that they do not have the compliance tools needed to identify and address challenges before they are flagged by CMS for violations,” said Deb Mabari, MBA, chief executive officer of Tampa, Fla.-based Cody Consulting, which developed the proprietary suite of CodySoft software.

Developed specifically for health plan compliance departments, the CodySoft Investigations Module is the first and only full-cycle tool that allows health plans to properly investigate, remediate and report case outcomes of marketing violations, discrimination, fraud and a wide range of other compliance issues, to internal and external compliance organizations, including CMS.

“Compiling reports, such as those regarding agent oversight for both Part C and Part D plans, can take months to complete if you are tracking investigations manually or using a tool not designed specifically for the health plan environment,” said Mabari. “With the Investigations Module, you can generate these reports with the click of a button.”

By capturing an unprecedented amount of CMS data elements and other critical information, the Investigations Module improves visibility of the case management process and provides deep insight allowing for trend analysis. Easier identification of issues leads to faster resolution, which in turn enhances member satisfaction – a key factor in Medicare Advantage health plans being rated highly under CMS’ Five Star Quality Rating System.

“Improved Star Ratings can ultimately lead to incentives such as year-round enrollment, marketing privileges and payment bonuses,” said Mabari. “If your Star Ratings suffer, your plan will suffer.”

The Investigations Module is a part of Cody’s proprietary software, CodySoft, which is the only project management and compliance solution designed specifically for health plans. Additional modules include the Collateral Management Module™, the Risk Management Module™ and the Regulatory Analyzer™.

The launch of the Investigations Module has spurred significant growth for Cody Consulting, which works with health plans throughout the country to cut costs and increase efficiencies. The firm is particularly skilled with enhancing the marketing collateral management process and navigating federal- and state-dictated compliance issues.

About Cody Consulting: Cody Consulting works with government-funded and commercial health plans to maximize efficiencies throughout the organization. We help clients strategically integrate operations by streamlining marketing communications; improving regulatory compliance; assisting with Business Process Outsourcing; and offering organizational design/executive search assistance. Our proprietary suite of software, CodySoft®, is specifically designed for health plans. www.codyconsulting.com

September 17, 2014 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 10 blogs containing over 8000 articles with John having written over 4000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 16 million times. John also manages Healthcare IT Central and Healthcare IT Today, the leading career Health IT job board and blog. John is co-founder of InfluentialNetworks.com and Physia.com. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and LinkedIn.

Tatum Survey of Business Conditions Reveals Impacts of Affordable Care Act on CFO Business Strategies

Executive Survey Finds that Companies Report Increased Spending, but Minimal Workforce Changes as a Result of ACA Implications

ATLANTA, July 23, 2014 – Tatum, a leading professional and interim services firm offering hands-on strategic, financial and technology solutions that measurably improve business performance, today announced the results of its Survey of Business Conditions, based on the opinions of financial executives spanning a variety of industries and geographic locations.

Through its Survey of Business Conditions, Tatum CFO partners reflect monthly on 30-day business trends and projected business conditions for next 60 days. These responses are reflected in the Tatum Survey of Business Conditions, which shows little upward momentum going into the third quarter in terms of capital expenditure commitments and hiring.

This month’s survey also provided insights into the impact of the Affordable Care Act (ACA) on business costs and staffing models. The findings reveal some interesting statistics about how CFOs are contending with ACA implementation. Although this legislation has led to increased healthcare benefit costs, the survey found that the widely held belief that ACA would be an across-the-board headcount game changer did not hold true. When asked if the ACA has altered their company’s staffing model and approach to headcount management, only 18 percent of CFOs responded that their companies have done so as a direct result of ACA implementation. The majority, 65 percent of respondents, state that they have not altered their approach at this time.

The survey also asked participants to qualify the increase in healthcare benefit costs for their companies. Overall, less than half of all respondents (43 percent) reported that employee out-of-pocket expenses are up, and just one-third (33 percent) said employee contribution percentages are increasing. Additionally, respondents were asked about their overall healthcare cost management strategies (such as self-insured, insured, combination of self-insured and insured, use of exchanges, etc.), how they would describe them today and where they expect to be in three years after they’ve had more time to adapt to the new healthcare regulatory landscape. The responses show that insured arrangements are the most prevalent, with exchanges being the least utilized; with a sizeable shift anticipated with insured arrangements dropping and use of exchanges increasing.

“The Survey of Business Conditions gives us an unprecedented glimpse into the minds of senior finance leaders to see how market conditions impact their companies and their strategies for the future,” said Suzanne Donner, Managing Partner, Knowledge Management for Tatum. “The results from our latest survey may be surprising to some, showing that the vast majority of companies are not adjusting their staffing models in light of ACA implementation.“

“Healthcare is our largest industry practice,” Donner continued. “We see a rapidly-evolving landscape for our provider, payer and supplier clients – each of which is wrestling with their own issues and concerns – looking for new ways to collaborate, to organize and to be cost-effective that will work for them in their markets. We believe employers are correct to be cautiously evaluating their options while this all plays out.”

In addition to sharing insight into future business outlook and staffing practices, Tatum’s Survey of Business Conditions also serves as a way for the company to give back to the community. For each survey completed by respondents, Tatum also makes a contribution to Junior Achievement, the world’s largest organization dedicated to educating students about workforce readiness, entrepreneurship and financial literacy.

Tatum has made its Survey of Business Conditions, Second Quarter 2014 available for download at:

http://www.tatum-us.com/documents/SecondQuarterTatum_SoBCDetailReport.pdf

About Tatum

Tatum is a leading professional and interim services firm offering hands-on strategic, financial and technology solutions that measurably improve business performance. Tatum’s executive leaders and consultants help companies navigate critical points in the business lifecycle and execute their strategic initiatives. Our deep management and operational expertise, keen strategic consultancy and a focus on follow-through enable our teams to deliver solutions that drive sustainable impact. With a national footprint of offices in key markets, our firm is ready to mobilize locally anywhere in the country. Tatum is an operating company of Randstad US.

About the Tatum Survey of Business Conditions

The Tatum Survey has been keeping a finger on the pulse of the U.S. economy for over twelve years. Each month, Tatum conducts a survey of its executive and consulting professionals nationwide to gain insight on the business climate. The survey examines key indicators such as hiring and capital expenditures, looking at both the past 30 days and expectations for the upcoming 60 days. The survey captures the observations and opinions of CFOs, Controllers and CIOs in a broad base of industries and companies of all sizes. For additional details, please visithttp://www.tatum-us.com/knowledge-center/thought-leadership/survey-of-business-conditions/.

July 24, 2014 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 10 blogs containing over 8000 articles with John having written over 4000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 16 million times. John also manages Healthcare IT Central and Healthcare IT Today, the leading career Health IT job board and blog. John is co-founder of InfluentialNetworks.com and Physia.com. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and LinkedIn.

Napier Healthcare Names Sahel Mattar as Vice President of Global Consulting and Services

Singapore, June 24, 2014 – Napier Healthcare, a leading healthcare technology and services provider, today announced the appointment of Sahel Mattar as Vice President of Global Consulting and Services. In his capacity, Sahel will be responsible for strategy, consultation, professional services, and implementation of Napier’s Healthcare Information Technology solutions to healthcare providers around the world.

Sahel brings more than 20 years of Information Technology (IT) and healthcare experience to his new role. Before joining Napier, he has held senior management positions in various companies including Ariba, Cap Gemini, HCL AXON, Misys, SAP Asia and Sun Microsystems.

“It is a privilege to join Napier Healthcare, an innovative company that brings together the best medical informatics professionals with deep domain knowledge and experience in the healthcare industry,” said Sahel on his new appointment. “Today is a turbulent time for the healthcare landscape as major shifts are evolving across the globe. As a team, we are committed to help providers transform their business with innovative care delivery models to achieve the highest quality care possible at the lowest possible cost.”

Sahel has vast experience in implementing IT solutions including Health Information Systems (HIS) deployed across both public and private hospitals in Singapore. Prior to joining Napier Healthcare, Sahel was Head of SAP Services for HCL AXON where he was responsible for managing the SAP line of business and services delivery function.

“We are excited to have Sahel join the leadership team. Sahel will lead Napier’s strategic initiative to transform the Consulting arm as our business expands across the globe. His leadership and experience will help create value for customers and enable Napier’s customers to learn from best practices across hospitals worldwide,” said Tirupathi Karthik, CEO of Napier Healthcare.

# # #

About Napier Healthcare

With Napier’s Healthcare solutions, hospitals can run their end-to-end operations with complete visibility and control over costs. The Mobility, Analytical and Home Care solutions offered by Napier are today powering innovative healthcare delivery models worldwide.

Established in 1996, Napier’s software and services have helped midsized, large private and public sector hospitals transform the way they capture clinical information, streamline workflow, reduce medical errors and provide analytical insights. Headquartered in Singapore with presence in USA, India and Middle East, Napier’s solutions are in line with the latest global healthcare trends and standards such as the United States Meaningful Use certification and ISO 9001:2008.

For more information, visit http://www.napierhealthcare.com/

June 25, 2014 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 10 blogs containing over 8000 articles with John having written over 4000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 16 million times. John also manages Healthcare IT Central and Healthcare IT Today, the leading career Health IT job board and blog. John is co-founder of InfluentialNetworks.com and Physia.com. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and LinkedIn.

CHIME Launches New Initiatives to Better Serve Needs of CIOs and the Industry

Initiatives improve educational services, provide partnership opportunities

ORLANDO, FL, February 23, 2014 – The College of Healthcare Information Management Executives (CHIME) announced several new initiatives today, intended to bolster its educational and information initiatives.

The new program and service offerings were announced by CHIME Board Chair Randy McCleese FCHIME, CHCIO, during the 2014 CHIME/HIMSS CIO Forum in Orlando, Fla., in conjunction with the HIMSS14 Annual Conference and Exhibition.

McCleese said the initiatives are a result of strategic vision efforts involving the CHIME Board and Russell P. Branzell FCHIME, CHCIO, CHIME’s President and CEO. “This process sparked a number of new initiatives that we believe will enhance the value and level of engagement for our members and CHIME Foundation Firm representatives,” he added.

The Ann Arbor, Mich.-based professional organization will mark several expansions in its education programs, he said.

“CHIME wants to be the go-to resource for CIO education, so that’s why we are delighted to announce several enhancements to our education offerings in 2014,” said McCleese, Vice President of IS and CIO at St. Claire Regional Medical Center, Morehead, Ky. The new offerings were developed in response to member surveys that indicated areas in which CHIME could broaden education efforts and increase understanding of how using IT can maximize healthcare delivery, he added.

CHIME announced educational partnerships with both the Association of Medical Directors of Information Systems (AMDIS) and the Association for the Advancement of Medical Instrumentation (AAMI) to offer two specialized programs based on CHIME’s popular Healthcare CIO Boot Camp.

CHIME is also bringing back its LEAD Forums as one-day regional programs focused around particular topics, as well as increasing the number of online educational opportunities.

To increase its ability to provide advisory services based on industry needs, CHIME plans to offer CIO Advisory Boards, with an initial emphasis on offering services to CHIME Foundation firm members. “The board will help guide the strategies and desired outcomes related to (firms’) products and services,” McCleese said.

Additionally, to advance CHIME’s position as the voice of the industry, and to leverage members’ extensive knowledge and experience in transforming healthcare, CHIME is developing the CHIME Speakers Bureau. The new service will help match qualified speakers with organizations that contact CHIME for speaking services.

CHIME is also planning to provide professional support and education to executives that work closely with CIOs and are shouldering increasingly heavy roles in healthcare organizations. “High-level educational and development opportunities for key members of the CIO’s executive team are seriously lacking,” McCleese said.

Its first efforts in this area will be to provide resources for chief security officers, to be followed by chief technology officers and chief application officers. “With hundreds of health data breaches being reported, and a shortage of security professionals with a background in healthcare, it has become increasing clear that this group could greatly benefit from the kind of opportunities that CHIME provides CIOs,” he said.

The CHIME Foundation celebrates its 20th anniversary this year, and CHIME also will be acknowledging the role that the Foundation plays in advancing the mission of the organization and the state of the art in healthcare information technology, McCleese said.

About CHIME
The College of Healthcare Information Management Executives (CHIME) is an executive organization dedicated to serving chief information officers and other senior healthcare IT leaders. With more than 1,400 CIO members and over 100 healthcare IT vendors and professional services firms, CHIME provides a highly interactive, trusted environment enabling senior professional and industry leaders to collaborate; exchange best practices; address professional development needs; and advocate the effective use of information management to improve the health and healthcare in the communities they serve. For more information, please visit  www.cio-chime.org

February 23, 2014 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 10 blogs containing over 8000 articles with John having written over 4000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 16 million times. John also manages Healthcare IT Central and Healthcare IT Today, the leading career Health IT job board and blog. John is co-founder of InfluentialNetworks.com and Physia.com. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and LinkedIn.