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Implementing a new electronic health record (EHR) system will thin a hospital’s financial margins in the first year, according to a report released by credit rating agency Moody's Investors Service, but they usually return to normal afterward.

The Healthcare Information and Management Systems Society (HIMSS) has selected Harold “Hal” Wolf III, an alum of the Chartis Group and Kaiser Permanente, as its new president and CEO.

Edward Marx will take over as the new chief information officer at Cleveland Clinic, effective Sept. 1.

Neal Patterson, the co-founder and CEO of health IT giant Cerner, died July 9 at age 67, according to a company statement.

The “internet of things,” or IoT, is in its infancy everywhere in healthcare, according to Warren Averett security services director Paul Perry. For those on the finance side of hospitals and health systems, he says this connected technology offers great opportunity to those who realize its potential.

 

Recent Headlines

EHR installations carry ‘significant financial risk’ for hospitals

Implementing a new electronic health record (EHR) system will thin a hospital’s financial margins in the first year, according to a report released by credit rating agency Moody's Investors Service, but they usually return to normal afterward.

Hal Wolf named new president, CEO of HIMSS

The Healthcare Information and Management Systems Society (HIMSS) has selected Harold “Hal” Wolf III, an alum of the Chartis Group and Kaiser Permanente, as its new president and CEO.

Expanded telehealth reimbursement included in 2018 PFS

The proposed Medicare Physician Fee Schedule (PFS) rule would provide a boost in reimbursement to telehealth services, paying for several new services and codes as suggested by telehealth practitioners to CMS.

Teladoc completes acquisition of Best Doctors

Teladoc, the largest telemedicine provider in the U.S., has completed its $440 million acquisition of virtual consultation company Best Doctors less than a month after the deal was first announced.

Cleveland Clinic names Edward Marx as new CIO

Edward Marx will take over as the new chief information officer at Cleveland Clinic, effective Sept. 1.

Cerner CEO Neal Patterson dies from cancer complications

Neal Patterson, the co-founder and CEO of health IT giant Cerner, died July 9 at age 67, according to a company statement.

Widespread blockchain adoption predicted within five years

According to survey released by the Pistoria Alliance, 83 percent of executives in life sciences and pharmaceutical companies believe there will be widespread adoption of healthcare blockchain tools within the next five years.

HFMA 2017 preview: What the ‘internet of things’ can do for healthcare finance

The “internet of things,” or IoT, is in its infancy everywhere in healthcare, according to Warren Averett security services director Paul Perry. For those on the finance side of hospitals and health systems, he says this connected technology offers great opportunity to those who realize its potential.

Teladoc to acquire virtual consultant platform Best Doctors

The largest telemedicine provider in the U.S., Teladoc, has announced a $440 million deal to acquire virtual consultation company Best Doctors in a move that could further consolidate its hold on the telehealth market.

OIG: CMS should try to recover $729M in erroneously paid EHR incentives

Out of the $6 billion CMS made in Medicare electronic health records (EHR) incentive payments by June 2014, the HHS Office of the Inspector General (OIG) estimated $729 million was paid to professionals who didn’t meet meaningful use requirements.

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