Medical Information Technology (MediTech) is a privately held company, which holds approximately 19% of the hospital electronic health record (EHR) market share in the United States (Rouse, M). In 2015, the company 's combination of products and service revenues were $475.5 million, and in that year MediTech employed nearly 3,750 workers, as detailed in publicly available financial reports. MediTech products have been widespread among midsize hospitals and other settings whose budgets are not big enough to afford EHRs sold by leading competitors. MediTech started back in 1966 when A. Neil Pappalardo began assisting with the development of the Massachusetts General Hospital Utility Multi-Programming System (Rouse, M). Pappalardo programmed language at that medical center’s computer lab. In 1969 Pappalardo founded MediTech, when MUMPS became commercially available. Pappalardo acts as MediTech’s chairman and is navigating the company through challenging times. In 2009, when Obama administration launched the electronic health records incentive programs, this provided incentive payments to hospitals and physician offices that executed electronic health records and demonstrated significant use. In 2012, MediTech saw its revenues increase to its maximum level of $597.8 million. However, revenue has decreased from 2013 through 2015 as of this writing. According to company records, the declines were primarily due to lower product bookings (Rouse, M). The Westwood, Mass.-based
In 2009 The American Recovery and Reinvestment Act (ARRA) allocated approximately $19 billion to support physicians and hospitals in attaining meaningful use of health information technology (HIT). The meaningful use program is intended to facilitate providers to amass
information. The laws shielding privacy are certainly confusing; it is said that the HIPAA Privacy Rule would be measured the slightest shared denominator for the privacy regulations within that it would require obvious patient consents would only be for the use and disclosures of documents outside the purposes of treatments, payments, or even the functioning activities. The state by-laws are varied within the degrees in which private health info would be secure, in addition
Datamonitor (2011) indicates Kaiser Permanente has some very recognized strengths. This organization caters to various needs of different populations by offering adverse range of products. The organization's diverse service portfolio provides a position in a Health Maintenance Organization (HMO) market. It is the largest civilian electronic medical records (EMR) project in the world which enables the organization to improve the customer connectivity across its large membership. The EMR is used by care providers across all the organization's outpatient settings and available to all the members online.
McKesson, now “the world’s largest health care services company,” has a combined customer base of about 5000 hospitals, 25,000 retail pharmacies, 35,000 physician practices, 10,000 extended care sites, 450 pharmaceutical manufactures, and 2000 medical-surgical manufacturers (Chicago tribune 1998). Mckesson has a 13.2% market share of the Health Information Technology industry and employs roughly 37,000 people. Mckesson’s hospital information system solutions includes their electronic health record system (HER, Total Coordinated Care product suite, InterQual Decision support products,
Our one hundred bed hospital is in need of updating from paper charting to computerized health records. In doing this, we will meet our goal of compliance with meaningful use legislation. We assembled a team of members to assist with this task and together we have narrowed the search to two health care systems. Those two systems are EPIC and Meditech and we will now discuss the advantages and disadvantages of each, with a final recommendation for our new healthcare system.
eHealth is an application of information and communication technologies which can help manage and improve healthcare. According to McClure, “The global impact of e-Health is being manifested in the reduction of healthcare costs and improved efficiency through better retention and retrieval of records, better management of chronic diseases, shared health professional staffing, reduced travel times and fewer or shorter hospital stays” (as cited in Isabalija, Mayoka, Rwashana, & Mbarika, 2011). One of the most important factors that influences eHealth adoption amongst the healthcare organizations and providers is the financial incentives provided by the Health Information Technology for Economic and Clinical Health (HITECH) Act. The HITECH Act of 2009 was signed into law to promote widespread use of electronic medical records (EMRs) and supporting technologies. As per the provision in the HITECH Act, the healthcare providers who adopt EMR system and manifests the “meaningful use” (MU) criteria by 2015 will receive incentives under
So much so that our political leaders and President Barack Obama have created a stimulus package called the American Recovery and Reinvestment Act of 2009. Within this legislature, improvements to our healthcare industry and systems have been made with long-term financial savings in mind. As technology and uniformed data was becoming the standard in healthcare, the Health Information Technology for Economic and Clinical Health Act has accelerated the speed. “The number of certified EHR vendors in the United States has increased from 605,6 to more than 10007 since mid-2008” (Sitting and Singh, 2012). Healthcare organizations now have no choice but to invest in a new
Containing ninety participants, 36% of the respondents were hospital CIOs and I.T. executives, 19% from integrated delivery systems headquarters, 19% from group practices, and 27% from other facilities. Survey results pertained to patient health records, electronic health record (EHR) certification, and other IT issues in healthcare. According to the survey, “81% of respondents said their I.T. budgets will grow, with the most common prediction being growth of 5% to 10%. Implementing electronic health records was the No. 1 software investment priority for the coming year for hospitals, integrated delivery systems and group practices alike.” (CIOs Predict Future Trends, n.d) Interestingly, despite the economy at the time showing signs of a recession, “the vast majority of health care organizations expect their information technology budgets to grow during the next fiscal year, and this growth is driven primarily by a need to improve access to information for clinicians, the survey shows.” (CIOs Predict Future Trends, n.d) This improved access to information can be applied to patients as well, as the push towards cloud storage and record/test results access alleviates the need to wait, call, and require record searches from the physician’s staff. On the subject of streamlining access to the implementation to patient EHRs, 19% of
In February of 2009, the American Reinvestment & Recovery Act (ARRA) was passed to help the nation modernize its infrastructure. The “Health Information Technology for Economic and Clinical Health (HITECH) Act” was then passed to address the barriers to the adoption of the electronic health record by healthcare organizations (Sandefer, Marc, & Kleeburg, 2015). There are many barriers for healthcare organizations to adopt the electronic health record. These include: “substantial cost, the perceived lack of financial return from investing in them, the technical and logistic challenges involved in installing,
Considering the great advances in technology, EHRs prior to January 2009 were underperforming. Often the EHR simply resembled the provider’s unique approach to healthcare. The technology existed, however the healthcare industry was not ready embracing the capabilities of the EHR. EHRs require standardization and each hospital had its own version of practicing medicine. It became apparent healthcare providers were going to continue business as usual; therefore the benefits linked to the capabilities of the EHR went unrealized. Indeed it is interesting the amount of time and legal maneuvers it took to spark the use of EHRs in hospitals. It was apparent government intervention to jump-start the EHR was inevitable. On January 9, 2009 passage of the Health Information Technology for Economic and Clinical Health legislation (HITECH) opened the gateway to technology and implementation of the EHR.
Health information technology (HIT) involves trading of health information in an electronic format to advance health care, reduce health expenditures, improve work efficiency, decrease medication errors, and make health care more accessible. Maintaining privacy and security of health information is crucial when technology is involved. Health information exchange plays an important role in improving the quality and delivery of health care and cost-effectiveness. “There is very little electronic information sharing among clinicians, hospitals, and other providers, despite considerable investments in health information technology (IT) over the past five years” (Robert Wood Johnson Foundation, 2014, p. 1).
Electronic Medical Records or Computerized Medical Record System what is it and what are the advantages along with the disadvantages of using this system? That is what we will discuss in this paper.
The purpose of this paper is to identify and describe two health information and communication technologies (HICTs) and how they aid nurses in supporting safe, quality care, facilitating continuity of care and care coordination, and partnering with patients and families to increase participation in health care. HICT involves electronic creation, storage, exchange, and analysis of health information to advance delivery of health care. Widespread use of HICT within the healthcare industry can achieve the following goals: improve healthcare quality and safety, reduce costs and health disparities, enhance clinical research, and ensure security of patient health information (McGonigle & Mastrian, 2015). Several examples of HICTs include: electronic medical record systems, electronic prescribing, consumer health applications, and telehealth (Agency for Healthcare Research and Quality [AHRQ], 2015). Integration of HICTs in healthcare settings is valuable for all clinicians, but most importantly nurses as they are primary caregivers.
These features benefit the nurse for a better way to manage and patient data without using a paper chart. Correspondingly, Meditech provides a worklist too. So, nurses that use this system can also follow, keep track, and document to maintaining a record of information of the patient under their care (Medical Information Technology, Inc, 2017). Nevertheless, both systems provide real‐time updates of patient information and allow nurses to receive icon‐based notifications of new information and tasks. Apparently, with the NIS nurses will excel in quality of care to their patients.
In today’s medical field technology plays a big role when it comes to patient care. Technology is huge when it comes to giving the patient the best type of quality care when they are in the hospital. In the old days people would just write it down on a sheet of paper and record it by hand, which caused mistakes. Now with the Electronic Health Record those mistakes are drastically declining. Statistics have shown that using the Electronic Health Record has lowered Nursing mistakes as well as improved patient care. Our society has progressed through the years and has been introduced with the Electronic Health Record which has drastically improved our health care system. The Electronic Health Record provides great communication between