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Practice Fusion Closes $70 Million Round of Funding

Ryan Howard, CEO of Practice Fusion just sent out the following email about the $70 million round of funding they just raised:

Practice Fusion’s mission is to connect doctors, patients and data to drive better health and save lives. Today, a new $70 million investment ensures the delivery of our mission to the masses.

This new funding comes from the most significant technology and life science investors in the country. The investment was led by Kleiner Perkins Caulfield & Byers, a fund famous for backing Amazon, Intuit and Google. Dr. Beth Seidenberg will join our Board of Directors from their team, bringing her extensive experience as a physician and clinical researcher. We also welcome prominent healthcare funds OrbiMed Advisors and Deerfield Partners as new investors.

Practice Fusion has grown from a small, free EHR startup to become the largest health technology platform in the US. 100,000 medical professionals are active on our network every month, serving a community of 75 million patients. We’re now the No. 1 EHR in customer satisfaction according to Brown-Wilson, and we value your commitment in getting us here.

In the past few months, the product has evolved faster than any other system on the market, updating workflows for referrals, superbills, and allergy workflows, as well as connectivity to dozens of new labs and imaging connections. We’re dedicated to a “product first” focus—constantly working to make the EHR easier to use and more powerful for your practice. You have our commitment that this will continue at an even faster pace.

Next, we’re working to ensure your EHR is Meaningful Use Stage 2 certified and to also help you navigate the new world of Accountable Care Organizations. Some of the work we’re most excited about is population health management—giving you tools to help identify at-risk patients, drive them in for the care they need, as well as helping them adhere to the best clinical standards.

Thank you for your ongoing commitment to Practice Fusion and your daily contribution to fulfilling our combined mission of saving lives.

Ryan Howard
Founder and CEO

September 24, 2013 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 15 blogs containing almost 5000 articles with John having written over 2000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 9.3 million times. John also recently launched two new companies: InfluentialNetworks.com and Physia.com, and is an advisor to docBeat. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and Google Plus.

46% of U.S. Physician Groups plan to join a Health Information Exchange (HIE)

Burlington, VT – HIMSS Analytics continues the series of strategic industry reports previously published by CapSite with the release of the 5th Annual U.S. Ambulatory Electronic Health Record (EHR) & Practice Management (PM) Study.  The study represents unique Voice of Customer (VOC) insight from more than 800 physician groups on market adoption, market share, market opportunity and vendor mind share across the U.S. physician market.  Additionally, it incorporates information from the HIMSS Analytics® Database for a comprehensive snapshot of the Ambulatory EHR and PM marketplace.

“The year-over-year analysis that we provide allows for an in-depth understanding of industry trends,” said Brendan FitzGerald, HIMSS Analytics Research Director. “While both the tethered and non-tethered Ambulatory EHR markets show signs of maturing, there is continued opportunity with 35% of respondents planning to purchase, replace, or upgrade an Ambulatory EHR solution.”

The study includes Voice of Customer (VOC) insight on physician group:

  • Status on receiving incentive funding for Stage 1 of Meaningful Use (MU)
  • Plans for purchasing or upgrading Ambulatory EHR & PM solutions
  • Primary drivers behind decisions to replace current Ambulatory EHR & PM solutions
  • Plans for joining a Health Information Exchange (HIE)

Vendor Market and Mind Share coverage includes:

Acumen, ADP AdvancedMD, Allscripts, Amazing Charts, Aprima, athenahealth, BioMedix, Cerner, CPSI, eClinicalWorks, e-MDs, Epic, GE Healthcare, Greenway, Healthland, HMS, McKesson, Meditech, MedNet, MedPlus, MED3000, NextGen, OptumInsight, Practice Fusion, Siemens, Vitera

About HIMSS Analytics
HIMSS Analytics is a wholly-owned, not-for-profit subsidiary of the Healthcare Information and Management Systems Society (HIMSS). The company acquired CapSite in October 2012 and offers a portfolio of healthcare information technology market intelligence products and services, including detailed analytics tools, market research, and customized consulting. Visit www.himssanalytics.org or www.capsite.com for more information.

June 12, 2013 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 15 blogs containing almost 5000 articles with John having written over 2000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 9.3 million times. John also recently launched two new companies: InfluentialNetworks.com and Physia.com, and is an advisor to docBeat. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and Google Plus.

NueMD Announces Partnership with Leading EHR Company to Provide Integrated Solution for Medical Practices

Nuesoft Technologies, Inc., the first healthcare IT company to offer cloud-based medical practice management software, today announces a strategic partnership between NueMD, the company’s flagship brand, and Practice Fusion, the country’s largest doctor-patient community.

Atlanta, GA May 29, 2013

Nuesoft Technologies, Inc., the first healthcare IT company to offer cloud-based medical practice management software, today announces a strategic partnership between NueMD, the company’s flagship brand, and Practice Fusion, the country’s largest doctor-patient community. Practice Fusion is based out of San Francisco, and offers a free web-based electronic health record (EHR) system to physicians.

The alliance between two leaders in their respective fields will provide medical practices with an affordable, fully integrated solution for managing scheduling, clinical information and billing. This step is part of NueMD’s long-term vision to provide cost- saving solutions for small- to medium-sized medical practices. This critical segment of physicians faces increased competition as more practices are purchased by hospitals and corporations. Nuesoft anticipates significant company growth as a result, and additional development and sales opportunities will be available at its corporate office, as well as throughout the United States.

“We are thrilled to be partnering with Practice Fusion, bringing together two of the most technologically advanced systems created for physicians,” said Massoud Alibakhsh, President and CEO of Nuesoft, makers of NueMD. “Since 1993, we have committed ourselves to providing the most flexible, affordable and user friendly solution for small- to medium-sized practices. This partnership affirms our commitment to meeting the needs of these physicians.”

According to Dan O’Neill, Senior Director of Business Development at Practice Fusion, “We are serious about building a platform that lets all of our physicians find the services they need to run a successful practice. In NueMD, we found an innovative partner who offers advanced Internet-based billing software and services. The end result of our partnership will be a simple, streamlined user experience for our medical practices.”

Beta testing on the system integration begins this month, with anticipated rollout later this summer. Kim Cannon, owner of Cannon Managerial Office Consulting Co. (CMOCC), is participating in the test phase. “From our preliminary review, I anticipate saving at least five hours each day. Streamlining the data entry process for all the practices I work with will save them and me immeasurable time and expenses. As a longtime client of NueMD, I find they are always quick to offer solutions that will benefit their users.”

Nuesoft Technologies began in 1993 at the Georgia Institute of Technology’s renowned Advanced Technology Development Center (ATDC) and became an immediate success by delivering the first platform independent medical software program to the medical community. Since then, the company has continued to develop groundbreaking technology, including producing the first wholly Internet-based medical practice management system in the form of NueMD. In addition to software development, Nuesoft offers medical billing services for small- to mid-sized medical practices.

May 29, 2013 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 15 blogs containing almost 5000 articles with John having written over 2000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 9.3 million times. John also recently launched two new companies: InfluentialNetworks.com and Physia.com, and is an advisor to docBeat. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and Google Plus.

ExtraHop Provides Insurance Policy for Healthcare Applications & IT Infrastructure with IT Operational Intelligence

Growing Number of Healthcare Organizations Rely on ExtraHop to Manage Major IT Initiatives such as Citrix VDI, EHR, and HIPAA

SEATTLE, WA, & NEW ORLEANS, LA — March 4, 2013 — ExtraHop announced today at the HIMSS13 Annual Conference and Exhibition that its real-time IT operational intelligence platform has been adopted by a growing number of healthcare organizations to ensure that vital technologies like desktop virtualization, picture archiving and communications systems (PACS), and electronic health records (EHR) are deployed and perform optimally. ExtraHop’s agentless, network-based platform provides correlated, cross-tier visibility to identify and solve problems quickly for organizations such as Practice Fusion, MedSolutions, and many more. ExtraHop delivers this deep visibility in a way that is compliant with HIPAA security and privacy standards.

In a 2012 survey of more than 500 IT decision makers, 44 percent of healthcare organizations indicated they plan to increase their adoption of server-hosted virtual desktops (SHVD) in 2013, a higher proportion than all other industries. However, while virtualization is a key healthcare initiative, patient care can suffer from latency or slow login times if organizations use legacy application performance monitoring tools, which cannot correlate issues across tiers.

The ExtraHop platform is verified as Citrix Ready® for Citrix XenDesktop®, Citrix XenApp™, and Citrix NetScaler® and provides essential IT operational intelligence through real-time analysis of the Citrix ICA wire protocol. John Smith, Netscaler/Citrix Architect at a major healthcare information technology company, and one of only 46 official Citrix Technology Professional Awardees, says of his experience: “ExtraHop is a great APM tool but it is also a great network monitoring tool and has value to every branch of my IT department. This is not a product whose value can be judged by finding its bubble in a scatter plot. I have not even scratched the surface of what this product can do.”

ExtraHop also offers healthcare organizations a way to monitor applications while complying with HIPAA security and privacy standards. Amidst 270 percent annual growth, Web-based EMR provider Practice Fusion found that only ExtraHop could provide real-time visibility across the network, web, database, and storage tiers without requiring any configuration and without risking privacy violations by storing packets. “We manage more than 50 million patient records,” says John Hluboky, VP of Technical Operations at Practice Fusion. “It’s incredibly important that ExtraHop can monitor all our traffic—even the encrypted traffic—and do it without any potential privacy violations.”

For healthcare cost-management services provider MedSolutions, ExtraHop equips every IT team member from application developers to the CIO with operational intelligence to continually improve everything from team collaboration to application rollouts to customer experience. Additionally, ExtraHop’s performance benchmarking abilities have enabled MedSolutions to migrate critical applications from physical to virtual environments—in one case saving $70,000 in hardware costs.

The ExtraHop platform meets the rigorous demands of modern healthcare applications and infrastructure by delivering key capabilities and supporting important initiatives, including the following:

·         Visibility and monitoring for all clients, applications and infrastructure communicating over the network, regardless of technology or software platform

·         Compliance and security insight that tracks logins by client as well as activity down to the file access level

·         Support for bring-your-own-device (BYOD) efforts by automatically discovering and tracking new devices and clients, and distinguishing between those client types, including doctors’ tablets

·         Plug-and-play deployment with no configuration required and no agents to install and maintain

·         Proactive early warning to fix issues before customers are impacted or SLAs are breached.

·         Automatic discovery and classification of all new applications and systems in the IT environment

·         Drill-down capabilities that provide for transaction-specific analysis of problems

“Hospitals and doctors are under pressure to modernize, and they cannot afford disruptions or slow performance that would negatively impact patient care,” says Jesse Rothstein, CEO, ExtraHop. “The rapid adoption of our platform among companies in the healthcare space arises from the safety net that we provide, making sure that these new systems do what they should while also making IT operations less burdensome and expensive.”

To see how the ExtraHop operational intelligence platform can transform your healthcare IT organization, try it for free for 60 days by downloading the ExtraHop Discovery Edition. Visit us in booth #5755 at the HIMSS13 Annual Conference and Exhibition to learn more.

About ExtraHop Networks

ExtraHop provides the real-time operational intelligence required to make IT more agile and proactive. The world’s best-run IT organizations use ExtraHop to manage more than a quarter-million devices and monitor over a trillion transactions daily, including Adobe, Alaska Airlines, Concur, Expedia, and Microsoft. Winner of many innovation awards from Gartner, Interop, and others, the ExtraHop platform auto-discovers and auto-classifies all applications and systems out of the box, providing the correlated, real-time visibility essential for dynamic environments. The ExtraHop platform deploys without agents and delivers value in less than 15 minutes, making it the most cost-effective solution on the market. Follow us on Twitter @ExtraHop.

March 4, 2013 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 15 blogs containing almost 5000 articles with John having written over 2000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 9.3 million times. John also recently launched two new companies: InfluentialNetworks.com and Physia.com, and is an advisor to docBeat. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and Google Plus.

CareCloud Reports Record Growth in 2012; Drives Adoption of Cloud-Based Solutions by Physicians Nationwide

Company Accelerates Market Momentum with Launch of New Clinical and Patient Applications, Enterprise Customer Wins, and Leadership Expansion

MIAMI–(BUSINESS WIRE)–CareCloud, a leading provider of cloud-based practice management, electronic health records (EHR), and medical billing software and services, today announced that the company concluded 2012 with its 12th quarter of consecutive revenue growth. Highlights included: the expansion of CareCloud’s customer base of medical groups into 45 states; the achievement of more than $1.5 billion in annualized accounts receivables under management; the inclusion of more than 4.5 million patients on its platform; and the addition of key executives, many from its leading competitors. Across the board, accelerating market demand was driven by practices migrating from outdated client-server technologies to the company’s modern cloud-based clinical and financial applications and services.

“In just three years, CareCloud has made substantial progress in its mission to replace the outdated core of healthcare technology that burdens US medical groups. We experienced our most rapid growth to date during 2012 and concluded the year with more than 2,000 providers in 45 states representing more than 50 specialties, all while securing a 96% client retention rate,” said Albert Santalo, Chairman and CEO of CareCloud. “We also completed a full suite of what is now the industry’s most modern and flexible clinical, financial, and administrative applications. Along the way, CareCloud on-boarded smaller practices at a record pace while also securing significant enterprise accounts.”

Product and Platform Expansion Support Growth

This past year saw CareCloud make substantial innovations to its core software applications and services. The company launched CareCloud Charts, its cloud-based EHR; introduced its new Mobile Patient Portal offering, enabling patients to access their health records through iPhones and iPads; and invested in operational improvements to help practices implement faster, collect more, and run their operations more efficiently. The launch of Charts completed CareCloud’s powerful suite of fully integrated clinical, financial, and administrative applications, accessible by practices 24/7 from any browser, platform, and location. Furthermore, its flexible platform allowed these applications to be made available to practices either as a full suite or on a standalone basis – reflecting a growing market demand.

Company Bolsters Senior Leadership

CareCloud significantly expanded its senior leadership team across sales, marketing, product development, operations, and technology in 2012. The year began with the addition of Paul Henry and Brad Blakey as Vice Presidents of Small Practice and Group Sales, respectively. Mr. Henry, formerly the Vice President of Sales for ADP/AdvancedMD, now oversees CareCloud’s growing small practice sales team. Mr. Blakey leads CareCloud’s group practice sales efforts, leveraging more than two decades of sales operational experience from leadership positions at Nextgen Healthcare Solutions and athenahealth. With the addition of these executives and a growing national sales team, CareCloud was able to experience tremendous momentum across all its product lines, achieving more than a 300% increase in year over year new sales bookings.

2012 also saw major strides in CareCloud’s ability to market its cloud-based solutions, generate qualified leads, and drive overall awareness. Joe Sawyer joined as Vice President of Marketing, bringing significant enterprise software and healthcare-specific marketing experience. Mr. Sawyer had previously worked as Vice President of Marketing for American Well, a Boston-based leader in telemedicine technology, as well as at SAP, Accenture, and Forrester Research. CareCloud also experienced an increase in its public relations and overall awareness capabilities during the year with the addition of John Hallock as its Vice President of Corporate Communications. Mr. Hallock was formerly head of corporate communications for athenahealth.

To fuel product, operational, and technology excellence, CareCloud secured a leader in clinical software applications while expanding its account management and support functions. Edwin Miller joined the company as Vice President of Product Management. Mr. Miller, who most recently held leadership positions at Practice Fusion and athenahealth, is now responsible for the design and rollout of CareCloud’s entire product set. In November, Ralph Catalano joined the company as the new Vice President of Operations. He came to CareCloud after spending nearly 10 years at athenahealth where he held various operational leadership positions, including leading all operations. The year concluded with the hiring of John Walsh as Chief Technology Officer. Prior to CareCloud, Mr. Walsh was Senior Vice President, Engineering and Operations for Constant Contact®, Inc., a leading online marketing company offering email, social media, survey and event marketing tools. He brings unique experience with web-scaling in business-to-business environments that will play a central role in evolving CareCloud’s product architecture moving forward.

Santalo continued, “Heading into 2012, it was critical for CareCloud to recruit and assemble some of the most talented and experienced executives both inside and outside of our industry. I feel we now have an unparalleled senior leadership team. It’s these leaders and their respective teams that will allow us to continue experiencing tremendous growth in all phases of operations, disrupt legacy healthcare IT vendors, and evangelize the ‘cloud’ in healthcare.”

Physicians Making the Switch to the “Cloud”

In 2012, 93 percent of CareCloud’s new customers signed up because they were looking to replace outdated practice management and billing systems, feeling it was critical to maintaining their financial success. During the past year, the government implemented a series of regulations that significantly impact the way doctors and their staffs administer care and gain reimbursement. As a result, these practices discovered that their previous systems – many developed in the 1980s and 1990s – would not easily accommodate the changes.

“As a medical clinic supporting a continuing care retirement community, our patients’ healthcare needs range from routine wellness visits to traditional primary care, as well as coordination with external specialists. This requires us to have the best possible care coordination in place. Having the latest technology to assist us is critical,” said Bill Cohen, Director of the Horizon House Medical Clinic, Seattle, Washington.

“Our clinic needs to stay as current as possible with the changing reimbursement requirements relating to Medicare and other commercial insurance. We found that our client server electronic health record and practice management system was cost prohibitive and the outsourced management of the system was insufficiently responsive to our needs,” added Cohen. “Our switch to a cloud-based system has already allowed us to cut costs while positioning our clinic to stay current with changes in the healthcare system that impact both us and our patients.”

In late 2012, CareCloud made available a guide designed to assist care providers and their staff through the process of assessing practice management needs, finding a new practice management and billing software system, and successfully replacing old systems. The intention was to educate and assist physician practices as they look to learn more about cloud-based technologies.

This white paper and practice management guide, “Time to Switch: Your Complete Guide to Practice Management System Replacement” is available online and marks the beginning of a series of forthcoming market research and analysis focused on improving practice profitability.

About CareCloud

CareCloud is a leading provider of cloud-based practice management, electronic health record (EHR) and medical billing software and services for medical groups. The company’s products are connecting providers to one another – and to their patients – through a fully integrated digital healthcare ecosystem that can be accessed on any browser or device.

CareCloud is helping over 2,000 thousand providers increase collections, streamline operations and improve patient care in more than 45 states. The company received over $20 million in Series A funding from Intel Capital and Norwest Venture Partners in 2011. To learn more about CareCloud, please visit www.carecloud.com.

February 22, 2013 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 15 blogs containing almost 5000 articles with John having written over 2000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 9.3 million times. John also recently launched two new companies: InfluentialNetworks.com and Physia.com, and is an advisor to docBeat. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and Google Plus.

Practice Fusion Passes 50 Million Patients, Outlines Company Growth

Practice Fusion issued an infographic today in celebration of surpassing the 50 million patient milestone for their free, web-based Electronic Health Record (EHR). The free platform has already helped doctors attest for more than $35 million in Meaningful Use incentives. One out of four doctors choosing an EHR today picks Practice Fusion.

The free, web-based Electronic Health Records (EHR) provider has seen 50 percent employee growth since the beginning of the year alone

SAN FRANCISCO- August 8, 2012Practice Fusion, the nation’s largest doctor-patient community, has hit several significant milestones this year. Expected to reach 200 employees in its San Francisco headquarters this month, the company supports 150,000 medical practitioners serving 50 million patients nationwide. One in four doctors selecting an EHR today chooses Practice Fusion, which is reflected by the 49 percent increase in its users since August 2011. This growth confirms the urgent need for free, accessible and secure EHR systems for the nation’s physicians—particularly those in small practices.

“We’re democratizing access to EHR technology for physicians. The faster we grow, the more doctors we can help—and the more lives they can save,” said Ryan Howard, CEO of Practice Fusion. “This year is especially important for doctors seeking Meaningful Use, and we expect that our momentum is only going to build through the end of this year and into 2013.”

Key Facts:

  • One out of four doctors choosing an EHR today picks Practice Fusion
  • Practice Fusion has helped medical professionals nationwide attest for Meaningful Use, with a total of $35.5 million paid to date. Of these, the top states to receive payments include California, Florida and New York
  • The average cost for an EHR system is approximately $50,000; by comparison, Practice Fusion is completely free
  • Practice Fusion is now connected to more than 100 labs, a 440 percent increase year-over-year, largely thanks to its recently-launched Lab API
  • To demonstrate meaningful use of an EHR and qualify for full government incentives, eligible professionals must begin their 90-day reporting period by October 3

Practice Fusion – The free, web-based EMR

 

About Practice Fusion
Practice Fusion provides a free, web-based EHR system to physicians. With medical charting, scheduling, e-prescribing (eRx), lab integrations, referral letters,  Meaningful Use certification, unlimited support and a Personal Health Record for patients, Practice Fusion’s EHR Software addresses the complex needs of today’s healthcare providers and disrupts the health IT status quo. Practice Fusion is the fastest growing Electronic Health Record community in the country with more than 150,000 users serving 50 million patients. The company closed a $34 million Series C financing led by Artis Ventures in June. For more information about Practice Fusion, please visit www.practicefusion.com

August 24, 2012 I Written By

Practice Fusion Launches API to Democratize Lab Integrations

Practice Fusion is announcing the launch of its laboratory API tomorrow. A first of its kind, it allows any laboratory in the country to connect directly to its EMR platform.  As you may know, healthcare has been slow to adopt new, and more efficient ways of connecting. Practice Fusion’s lab API is bringing increased connectivity and interoperability to the entire healthcare ecosystem.

First-of-its-kind API enables any laboratory in the country to connect easily to the free Electronic Medical Record platform

SAN FRANCISCO – May 2, 2012 – Practice Fusion, the free Electronic Medical Record (EMR) company, today announced the launch of its new lab API, which allows any laboratory in the country to connect directly to the EMR. The lab API –first of its kind in the health sector – enables rapid deployment of new laboratory connections that would ordinarily take weeks or months to establish, giving over 150,000 medical professionals easy access to their local commercial, hospital and private laboratories. Practice Fusion already has 70 labs signed up for connectivity with the help of the new API.

“The process couldn’t have been easier and the Practice Fusion team was highly responsive in handling our feedback,” said Anita Miles, Executive Director at GYN PATH Services in Texas.  “This kind of innovation and service is exactly what is needed to digitalize the lab integration process and improve the entire healthcare ecosystem.”

Key highlights:

  • Practice Fusion’s Lab API allows laboratories  to connect to the EMR platform instantly with almost no turnaround time
  • Labs can use the API connection to instantly send lab results to Practice Fusion users with  standard HL7 data files
  • Any commercial laboratory -including clinical, pathology, reference and hospital systems – can send lab results to users directly within the EMR
  • Minimal development is required from the lab and Practice Fusion offers free integration support
  • Over 150,000 medical providers using the EMR can connect to their national and regional labs of choice at no cost

Doctors are increasingly receiving electronic lab results with the help of EMRs, abandoning old fax-based transmissions that can result in increased downtime or errors.  More than 10 billion laboratory tests are performed in the US each year and tests are essential to the prognosis and treatment of chronic conditions. While the cost of independent lab integration can typically range from $1,000 to $2,000 per physician, Practice Fusion provides connections to labs at no cost to them.

Practice Fusion is using input from the user community and partner organizations to continue improving the design and functionality of the service. All upcoming features, upgrades and new laboratory integrations will remain free for providers.

Labs interested in connecting to Practice Fusion’s EMR should contact Erica Martinez at emartinez@practicefusion.com or request more information online. Physicians interested in signing up for the free EMR should visit http://www.practicefusion.com

About Practice Fusion

Practice Fusion provides a free, web-based EMR system to physicians. With medical charting, scheduling, e-prescribing (eRx), lab integrations, referral letters, Meaningful Use certification, unlimited support and a Personal Health Record for patients, Practice Fusion’s EMR addresses the complex needs of today’s healthcare providers and disrupts the health IT status quo. Practice Fusion is the fastest growing Electronic Medical Records community in the country with more than 150,000 users serving 35 million patients. The company closed a $23 million Series B round of financing led by Founders Fund in 2011. For more information about Practice Fusion, please visit http://www.practicefusion.com.

May 11, 2012 I Written By

Free EMR Brings $22 Million in Incentives to US Doctors

Practice Fusion is listed as a top 10 vendor for ambulatory Meaningful Use attestations from among 776 Electronic Medical Record systems

SAN FRANCISCO – April 3, 2012 – Practice Fusion has been ranked as a top 10 vendor for successful completions of the federal EMR incentive program by medical professionals, according to data released by the Centers for Medicaid and Medicare Services (CMS) as of January 2012. As the highest ranked free Electronic Medical Record (EMR) solution listed and one of the youngest vendors participating in the program, Practice Fusion’s innovative EMR technology has delivered an estimated $22 million in incentives to small and mid-sized medical practices all across the country.

“Meaningful Use can be complicated, but Practice Fusion makes the process easy for doctors,” said Dr. Robert Rowley, Medical Director of Practice Fusion. “We’ve designed our interactive Meaningful Use dashboard, free support and comprehensive, step-by-step guidance to suit the needs of busy medical practices. Because Practice Fusion’s EMR is completely free and we never take a cut of incentives, our doctors are able to reinvest 100 percent of their Meaningful Use checks back in to their practices.”

Key Facts:

  • Practice Fusion currently ranks No. 10 out of 776 ambulatory vendors based on the number of eligible providers who successfully attested to Meaningful Use through the Medicare program between April 2010 and January 2012
  • Practice Fusion ranked in Meaningful Use attestations for  43 different medical specialties, including:
    • No. 2 in Psychiatry
    • No. 3 in Podiatry
    • No. 3 in General Medicine
    • No. 6 in Endocrinology
    • No. 6 in Geriatrics
  • Growing rapidly, Practice Fusion ranks No. 5 when looking at just the last two months of attestation numbers, only behind legacy vendors Epic, Allscripts, eClinicalWorks and NextGen
  • The top 10 vendors represent 66 percent of all Meaningful Use attestations and the top 25 represent 85 percent of attestations, indicating that the EMR market is beginning to consolidate
  • Part of the 2009 Economic Stimulus Program (ARRA), Meaningful Use was created to incentivize eligible medical providers for using EMR technology in a way that benefits patients, improves care quality and advances public health goals
  • Practice Fusion is a completely free EMR solution for doctors interested in Meaningful Use.  There is no charge for e-prescribing, charting, scheduling or giving patients real-time access to their records

Practice Fusion was recently named the No. 1 EMR for keeping doctors on track for Meaningful Use attestation, according to Brown-Wilson’s Black Book rankings. In addition, Practice Fusion was named the No. 1 EMR for customer satisfaction for all four primary care specialties—Pediatrics, Geriatrics, Family Practice and General Practice. With over 150,000 medical professional users reaching more than 34 million patients, Practice Fusion is currently the fastest growing EMR community in the country.

Reporters interested in access to the CMS attestation data or contact with a successful Meaningful Use provider are invited to contact Practice Fusion at media@practicefusion.com

About Practice Fusion

Practice Fusion provides a free, web-based EMR system to physicians. With medical charting, scheduling, e-prescribing (eRx), lab integrations, referral letters, Meaningful Use certification, unlimited support and a Personal Health Record for patients, Practice Fusion’s EMR addresses the complex needs of today’s healthcare providers and disrupts the health IT status quo. Practice Fusion is the fastest growing Electronic Medical Records community in the country with more than 150,000 users serving 34 million patients. The company closed a $23 million Series B round of financing led by Founders Fund in 2011. For more information about Practice Fusion, please visit http://www.practicefusion.com/.

April 9, 2012 I Written By

Practice Fusion Survey: Small Medical Practice Confidence Index Rises in 2012

Practice Fusion issued its annual State of the Small Practice survey on January 24, 2012 at 9AM EST.

Here are some of the key findings:

  • 45 percent of doctors report that their practice is doing better this year compared to last year while 14 percent report that their practice is doing worse and 33 percent report no change.
  • In the 2011 State of the Small Practice Survey, only 26 percent reported that their practice was doing better than the year before, while 41 percent reported doing worse.
  • 60 percent of small practices report that new technology has made things easier.
  • 26 percent of practices use computers that are less than a year old. Thirty-eight percent report that the computers in their practice are over three years old, a major improvement from 73 percent the previous year. (Seven percent of practices have computers in the five to six-year-old range, down from 21 percent in 2011.)
  • An overwhelming 89 percent of doctors report being satisfied or extremely satisfied with their career despite challenges, a 20 percent increase from the year before.
  • Most practices ranked insurance and reimbursement as the top negative pressure (69 percent), followed by patient compliance issues (64 percent) and practice administration concerns (48 percent).
  • Positive trends are led by advancements in medicine (68 percent), patient compliance (53 percent) and improvement in the healthcare workforce (51 percent).

Practice Fusion’s 2012 State of the Small Practice survey and infographic reveal 60 percent of small medical practices are helped by technology, while nearly half report improvements in their practice in the last year

SAN FRANCISCO – January 24, 2012 – Forty-five percent of doctors in small or medium-sized practices report that their practice is doing better this year compared to last according to a survey released today by Practice Fusion, the free, web-based Electronic Medical Record (EMR) company. The second annual State of the Small Practice report also showed that technology has made things easier for over 60 percent of US medical providers in private practice. Administrative costs, insurance and reimbursement issues continue to be major burdens in a rapidly changing health care climate defined by government reform, technology mandates and an unfavorable nationwide economy.

Key Findings:

  • 45 percent of doctors report that their practice is doing better this year compared to last year while 14 percent report that their practice is doing worse and 33 percent report no change.
  • In the 2011 State of the Small Practice Survey, only 26 percent reported that their practice was doing better than the year before, while 41 percent reported doing worse.
  • 60 percent of small practices report that new technology has made things easier.
  • 26 percent of practices use computers that are less than a year old. Thirty-eight percent report that the computers in their practice are over three years old, a major improvement from 73 percent the previous year. (Seven percent of practices have computers in the five to six-year-old range, down from 21 percent in 2011.)
  • An overwhelming 89 percent of doctors report being satisfied or extremely satisfied with their career despite challenges, a 20 percent increase from the year before.
  • Most practices ranked insurance and reimbursement as the top negative pressure (69 percent), followed by patient compliance issues (64 percent) and practice administration concerns (48 percent).
  • Positive trends are led by advancements in medicine (68 percent), patient compliance (53 percent) and improvement in the healthcare workforce (51 percent).

“We are witnessing a transformation in American medicine,” said Ryan Howard, CEO of Practice Fusion. “On the one hand, small practice doctors are struggling with rising costs and lower reimbursement rates. On the other hand, technologies such as Practice Fusion’s free EMR system are helping thousands of medical practices across the country to increase efficiency, eliminate paper charts, qualify for federal EMR incentives and provide top quality care to their communities.”

Practice Fusion’s EMR system provides charting, scheduling, e-prescribing, lab integrations and referral letters at zero cost to small and medium-sized ambulatory practices. View the 2011 State of the Small Practice infographic. Raw data from the 2011 and 2012 surveys is available for free upon request. Practice Fusion is also offering physician sources from across the country ready to talk about their own experiences managing a small practice.

The 2012 State of the Small Practice study was conducted by an internet survey with a national sample of 1,000 practices gathered through Practice Fusion’s platform. Medical providers were asked to provide responses to a series of multiple-choice survey questions based on last year’s data. In the previous year, the study was conducted on the MDLinx platform using a national sample of 100 small practice physicians using a series of open-ended questions. View results from the 2011 State of the Small Practice survey.

About Practice Fusion

Practice Fusion provides a free, web-based EMR  system to physicians. With charting, scheduling, e-prescribing (eRx), lab integrations, referral letters, Meaningful Use certification, unlimited support and a Personal Health Record for patients, Practice Fusion’s EMR addresses the complex needs of today’s healthcare providers and disrupts the health IT status quo. Practice Fusion is the fastest growing EMR community in the country with more than 130,000 users serving 30 million patients. The company closed a $23 million Series B round of financing led by Founders Fund in 2011. For more information about Practice Fusion, please visit practicefusion.com.

January 25, 2012 I Written By

Survey: Physicians Believe EHRs are Safer than Paper Records, Patients Evenly Split

More and more physicians in the United States are going digital and at Practice Fusion, we were curious to learn about how both physicians and patients feel about this shift. We asked over 1,000 physician and 1,200 patients their pick on which is safer, paper or EHRs, and discovered that physicians believe that the digital option is safer while patients are divided.

Practice Fusion survey compares physician and patient opinions about medical record systems, highlights changing perceptions of health IT

San Francisco – November 2, 2011 – Electronic Health Record (EHR) systems are becoming more common in exam rooms across the US but how is the technology transition being perceived?  A survey conducted by GfK Roper for Practice Fusion asked patients about their views on the safety of EHR versus paper charts while a separate survey posed the same questions to medical professionals.  The results: a majority of physicians report that EHRs are safer than their paper record counterparts, citing accessibility of data as the top safety benefit.  Patient perception is mixed with 47 percent stating that paper is safer and 39 percent believing that EHRs are actually the safer option.

Electronic Health Record (EHR) systems vs. paper medical charts:

Physicians agreed that EHRs (54 percent) are safer with only 18 percent of respondents selecting paper as the safer option

  • Of doctors who say EHRs are safer, access to records when needed is the top benefit (63 percent)
  • Doctors who select paper charts as the safer option believe that paper is more secure because it is less likely to be hacked or lost (36 percent)

Patient views on medical records are mixed. 47 percent believe that paper is safer and 39 percent believe that EHRs are safer

  • Of patients who say EHRs are safer, 77 percent strongly agree that being able to access records when needed is the greatest benefit of EHRs over paper
  • Of patients who say paper charts were safer, 59 percent agree or strongly agree that paper records are the more private option and allow for more control over who sees those records

“The medical community is rejecting paper charts and embracing technology,” said Robert Rowley, MD, Practice Fusion’s Medical Director. “As a practicing physician using an EHR, I understand the benefits and some of the concerns both physicians and patients have. With more education about why EHRs are safer than paper charts, we’ll see even more physicians switching from paper and patients demanding a digital solution.”

Practice Fusion, the fastest growing EHR community in the Unites States, applies the highest level of data infrastructure, virus prevention and encryption measures to ensure bank-level security of medical records. Records stored in Practice Fusion’s private cloud are securely accessible to doctors 24/7 and protected against fire, flood, theft or loss. Doctors can grant patients access to their records in real-time online using the Practice Fusion Personal Health Record (PHR). Practice Fusion meets and exceeds all HIPAA security requirements.

Survey methodology

The Practice Fusion “EHR vs Paper Charts” study was conducted via an omnibus survey on October 21-23 2011. The GfK Roper OmniTel survey is a weekly national phone survey of US households. Interviews were conducted from among a nationally representative sample of 1,006 adults age 18 or older. The margin of error on weighted data is +/- 3 percentage points for the full sample.

The physician survey was conducted online on October 28, 2011 using the same questions with a sample of 1,220 medical professionals.

About Practice Fusion

Practice Fusion provides a free, web-based Electronic Health Record (EHR) system to physicians. With charting, scheduling, e-prescribing, lab integrations, referral letters, Meaningful Use certification, unlimited support and a Personal Health Record for patients, Practice Fusion’s EHR addresses the complex needs of today’s healthcare providers and disrupts the health IT status quo. Practice Fusion is the fastest growing EHR community in the country with more than 100,000 users serving 24 million patients. The company closed a $23 million Series B round of financing led by Founders Fund in April 2011. For more information about Practice Fusion, please visit practicefusion.com.

November 3, 2011 I Written By