Articles about Software Industry, Information Technology News & Industry Updates

How is the EHR and Healthcare IT Future in United States

2011-04-17T20:04:00.008+05:30

Since February 2009, when the stimulus package by US Federal Government launched, EHR and Healthcare IT market has ceaselessly remained in the news due to the mandates, financial benefits, meaningful use & penalties incorporated with the EHR adoption by physicians.

The EHR market has witnessed a growth of 13.6% in 2010, which is in fact lower than expected. Initial reasons included lack of clarity on Meaningful use, confusions on incentive payments, reluctance to the technology adoption among others. Gradual steps to overcome these barriers were taken by the US federal government through various educational & aiding programs including establishment of Regional Extension Centers (REC), Health Information Exchanges (HIE) and regular declarations to clarify the ACT. It also helped to improve the awareness for the healthcare IT and to build a positive mindset. RECs have been playing vital role in promoting healthcare technology in an under served area of the states. To assist physicians in identifying EHR software which best fits their requirement, majority of the RECs have been analyzing various EHR vendors. Physicians are taking benefits in terms of getting assistance in EHR selection, participating in various educational programs and availing guidelines for implementation and functionalities of the EHR technology which will help them to achieve Meaningful Use.

It is not only physicians or clinics, who have a positive perception for the EMR / EHR technology; even patients have also got faith in the system. Concerning security of personal health records, patients also feel more comfortable with the physicians who use EHR to store and access their personal health details in the certified and secured EHR system. It is more accurate and safer than any manual / paper records.
After all the cumulative procedures and efforts, recently when stimulus incentives has been started to deliver to the physicians, an adoption of EHR is on peak this time. As per the stipulated rules, by the end of 2014 every physician must have adopted the EHR system to qualify for stimulus money. But to avail the maximum financial benefit, physician has to adopt it in 2011 itself. The late you adopt, the less you get. If you don’t adopt, then be prepared for penalty.

As per the prediction of IDC - a renowned market research company, EHR spending is expected to grow up to $3.8 billion in 2015; the same was approximately $2 Billion in 2009.

Let us expect the fully automated and secured healthcare operations in the US clinics and hospitals by 2015 which will also improve overall productivity and patient care.

India to expand cloud computing infrastructure soon

2010-08-24T19:29:00.002+05:30

One of the Bid Four Auditors & a research firm Ernst and Young has reported in their resent survey about increasing adoption of cloud computing infrastructure among the Indian IT firms.

Cloud computing infrastructure refers to the Pay Per Use model where IT/ITes companies provide access of their applications and software to the client over internet without deploying the entire system at client’s end. Some of the substantial benefits of cloud computing model are lower initial cost, fast and easy implementation and painless upgrades among others.

Cloud computing has three parts. Software as a Service (SaaS), Platform as a Service (PaaS) and Infrastructure as a Service (IaaS). A survey revealed that over 72 percent of Indian IT Infrastructure firms are willing to adopt cloud computing in a big way over the next 2-3 years.

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Regional Extension Centers playing key role for Primary Physicians to achieve meaningful use of EHR

2010-08-13T10:35:00.008+05:30

As a part of Obama’s HITECH Act, 60 regional extension centers across the US has been selected so far and granted $643 million to provide technical assistance & education to 100,000 primary care physicians to implement Electronic Health Records.

Selected RECs has been evaluating EHR products in the market to provide best references and choice to the physicians in their respective regions. Many of the RECs has already selected their preferred EHR vendors who will work closely with the RECs to achieve meaningful use by adopting their EHR solutions.
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Meaningful Use Finalized Finally

2010-07-25T10:27:00.005+05:30

A most awaiting decalration in the Healthcare IT industry for the finalization of Meaningful use is finally declared by US Health and Human Services Dept. This declaration has ended all the assumptions and fears in the physicians while accepting EMR technology to avail Incentive payments under HITECH Act.
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CMS to publish "Meaningful Use" final rule on July 14

2010-07-02T09:13:00.005+05:30

A highly anticipated finalization of "Meaningful Use" is finally coming up on July 14. This rule will finally decide how Physicians & organizations will become eligible to get EHR incentives while using it Meaningfully.

CMS also plans to unveil its plan for aligning its Physician Quality Reporting Initiative (PQRI) with the EHR incentive program in mid-July.
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Real Story Group 2010 Market Analysis Reveal Tech Buyer Risks

2010-05-01T12:46:00.003+05:30

The Real Story Group (formerly CMS Group) just released its annual Enterprise Content Management (ECM) and Document Management (DMS) overview. It assess changes occurred in the last 12 months as well as trends in today’s market place.

According to the new survey, the divide between ECM suite and more specialized DMS product suppliers is becoming more pronounced, giving buyers more choices to address a broad range of content management challenges.

Just as importantly, the ECM market is strong and continues to grow, with dozens of viable supplier options targeting specific business problems.
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EHR market to exceed $5.4B by 2015

2010-04-10T21:01:00.002+05:30

A leading Market Research Company Global Industry Analysts, Inc., (GIA) forecasts Electronic Healthcare Records (EHR) to exceed $5.4 Billion by 2015 in the North America.

After a massive stimulus package of $20 Billion declared by the Obama Government in February 2009 to boost the technology adoption in the US healthcare industry, demand of the EMR has increased significantly. Well, the report estimates many factors including substantial clinical improvement & minimization of staff amongst others.

According to report, factors that will drive the market growth will be primarily the firm recognition by the providers that EMR adoption will improve the clinic’s operational efficiency by digitalization of the entire process.
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All non-EHR users to purchase the system in next two years

2010-03-30T14:02:00.004+05:30

According to the recent survey released at the Healthcare Information and Management Systems Society's 2010 conference, fifty-eight percent of physicians who currently do not use electronic health records say they plan to introduce new systems in the next two years.

Of the survey respondents, 15% were currently using EHRs and 85% were not. During questionnaires about EHR Purchasing, •61% cited federal penalties for non-adoption; and 51% cited federal incentive payments.
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Document Management & Record Management - How they are Different?

2010-01-31T17:32:00.005+05:30

Both the terms Document Management & Records Management sounds similar but there are certain ways where they are different.

Records Management when being deployed with the growing importance of regulatory compliance, in the various industries, Document Management System is already being used in the organizations for the Information sharing on various levels, Managing Access and security of the Important documents & online document storage and collaboration.

So, what is the difference between DMS and RMS.
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Gartner's Top 10 Business & Technology Priorities

2010-01-27T10:13:00.001+05:30

Gartner recently conducted survey with 1600 CIOs around the world & revealed top 10 business and technology strategies for the CIO this year.

Comparing to the last year with lots of budget cuts, IT budget will remain flat this year increasing by a weighted global average of 1.3%, when compared with 2009 levels when IT budgets declined 8.1%.

Some of the top technology priorities would be Data/Document Management, Business Intelligence & Mobile Technologies amongst others.

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Document Management in Australia

2010-01-19T10:51:00.001+05:30

As per the recent figures provided by the Department of Innovation, Industry, Science and Research state that 96 percent of all Australian businesses are small businesses, ie those with fewer than 20 employees. Interestingly, one more survey says, that Australian businesses spend more than 20 hours per week on average looking for difficult-to-find records, and that mid-sized organisations spend almost twice this amount of time.
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Using Search Engine Optimization as an Essential Marketing Tool

2010-01-13T10:19:00.001+05:30

As an essential marketing tool, Search engine optimization (SEO) can raise your website's ranking, generating more relevant traffic and hence potential customers. There are certain ways & tools to be used to put SEO efforts more effectively.

Five Ways to Get Linked
Give stuff away
Share useful information
Connect with your community
Reach out to the blogosphere
Use good old-fashioned PR

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Content Mangagement Technology & Web Content Management

2009-12-17T10:12:00.001+05:30

Web Content Management Technology is widely used software to manage & control entire range of web materials. Functionalities ranging from content creating to modification, improvements & maintenance can be easily & quickly done using web content management technologies.

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Forrester Recognizes Oracle as a leader in Enterprise Content Management

2009-12-10T10:10:00.001+05:30

A leading Independent Research Firm Forrester recognizes Oracle as a leader in Enterprise Content Management (ECM)

It was published in the recent report in November 2009, "The Forrester Wave: Enterprise Content Management Suites, QA 2004." A leader was evaluated against 70 criteria in three categories: current offerings, strategy and market presence.

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New Rules to be issued by HHS for HITECH Act in December

2009-12-08T10:36:00.001+05:30

Department of HHS (Health and Human Services) have intended to issue this month a number of rules to implement major provisions of the HITECH Act with the ARRA.

Medicare Incentive programs to be started on Oct 1, 2010 for hospitals and Jan 1 2011 for physicians as per the agenda. This regulatory agenda identifies actions the department intends to take.

Following HITECH rules remain scheduled for publication in December 2009.

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Importance of IMIS in Document Management

2009-12-05T14:07:00.001+05:30

If you are working on the RFPs for Document Management, it is important to consider the requirement of Content Management Interoperability Standard also known as IMIS.

If you have legacy document repositories, add CMIS to your list of requirements. Also If the system you buy has a CMIS API, then you go some way to avoiding vendor lock-in at a future point.
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IDC - Content Management Vendors have a bright Future in APAC

2009-12-04T11:54:00.001+05:30

As per the latest research by the IDC, Document Managment Vendors have a bright future in the Asia Pacific Region. Many enterprises in the APAC intends to Invest in the Document Management Software.

This is a good news for Document Management Vendors who wish to extend their business in this region. These findings has been released in the latest report titled "Asia/Pacific (excluding Japan) content management pulse check, adoption drivers, and barriers in 2009: what are buyers prioritizing"

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Document Management Market to Grow over 7% in Asia Pacific - IDC

2009-12-04T10:16:00.003+05:30

According to new research by Market Research Giant IDC, Document Management Market is set to grow over 7% every year in the Asia Pacific (excluding Japan) region. when overall slowdown of global market, DMS seems to be completely untouched rather growing quickly mainly in the Asia pacific countries.

Look at the market share & vendors analysis in the APAC region in the recently published article in the CMSwire.

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Free Microsoft open-source content management app to get its debut next week

2009-11-07T14:08:00.001+05:30

Microsoft is working on a set of free open-source content-management application and set of reusable components for it that is codenamed “Orchard.”

The company is slated to share details about its plans for Orchard at TechEd Europe next week.

Hopeful Indian IT Market expects double Industry Growth

2009-09-06T01:35:00.001+05:30

Since markets of USA and Europe are showing recovery, Nasscom, an Indian software Industry body expects double digit growth in the India's software exports in the near future.

In 2008-09, the industry grew by over 16 per cent at $46.3 billion as per report of Nasscom. It is really a good news in the downtime mainly in the US economy which has also badly affected employment in the IT sector. Read More

Regulations over the IT Industry - Gartner

2009-09-04T01:38:00.001+05:30

You would have heard about Stringent Government Regulations in the Industries like Pharmaceuticals, Banking and Healthcare. According to the review of Gartner's VP, "What usually happens in any industry, when you reach that level of importance in society, is that regulation takes place."
Gradually, the influence of IT is being increased over the human life, which makes the IT regulations inevitable.

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Use of pirated software creates adverse effects - KPMG says

2009-08-31T00:54:00.001+05:30

As per recent survey of the global consulting firm KPMG, companies using non-genuine software are 43 per cent more likely to have critical systems failure.

Pirated software adversely affects your system's security base & data loss troubles. Today, along with rapid growth of internet & users, it is very easy to avail pirated software from the end number of resources. But before using it, you must be ready for the adverse effects of the same. More...

Study of AIIM finds Document Capture & Scanning a Risk Free Investment

2009-08-29T16:12:00.001+05:30

A Recently conducted survey of AIIM (sponsored by EMC) finds that document capture & Scanning comparing to other IT projects are very risk free investments. Return on Investment (ROI) also occurs within one year.

The survey was conducted among information and records management professionals which found many interesting facts about increased productivity and quick payback. More...

Welcome

2009-08-29T15:07:00.000+05:30

Hello,
First of all, thanks for visiting my blog. I have initiated this activity to share ongoing important events, news and current activities in the software industry. Personally I like to be aware & informed about recent tech news. I hope I would be able to provide you information of your interest as well.