IT Supports New Health Care Models in 2011

A new study shows that health care providers will use technology to improve care and cut costs in 2011. Health care providers will use technology to improve care and cut costs in 2011, according to The Camden Group, a business advisory firm that released a new report, “Top 10 Trends in Healthcare in 2011.” Information technology underpins providers’ ability to shift to new care models, says The Camden Group, so IT will move to center stage in 2011. Examples will include the implementation of electronic medical records (EMRs), computerized physician order entry, and health information exchanges. The Camden Group’s top 10 trends are as follows; Insurance membership will take a hit from the slow economic recovery. Increasing health plan payments will not make up for declining Medicaid and Medicare payments. Patients will postpone care, hurting providers. Providers will be driven to seek cost savings. It will be difficult to access capital for borrowing. Physicians will try new care models such as patient-centered medical homes and clinical integration. Construction projects will be limited to those that generate returns. IT will help providers shift to new care models. Mergers and acquisitions will be brisk. Providers will utilize volume to generate incremental revenue and decrease per-unit cost. While “2011 is the year when a growing number of providers move forward with new care delivery models and run into the very real challenges posed by overhauling traditional ways of treating patients,” according to The Camden Group President Steven T. Valentine, “the fundamental question is whether providers can manage costs and improve quality while maintaining provider choice and open access. As always, the devil is in the details.” Need help navigating these trends in 2011? Contact us today. We can help with IT models that will support the changing health care industry. Related articles: Top 10 trends for 2011 include IT, new care models A new study shows that health care providers will use technology to improve care and cut costs in 2011.

Health care providers will use technology to improve care and cut costs in 2011, according to The Camden Group, a business advisory firm that released a new report, “Top 10 Trends in Healthcare in 2011.”

Information technology underpins providers’ ability to shift to new care models, says The Camden Group, so IT will move to center stage in 2011. Examples will include the implementation of electronic medical records (EMRs), computerized physician order entry, and health information exchanges.

The Camden Group’s top 10 trends are as follows;

  • Insurance membership will take a hit from the slow economic recovery.
  • Increasing health plan payments will not make up for declining Medicaid and Medicare payments.
  • Patients will postpone care, hurting providers.
  • Providers will be driven to seek cost savings.
  • It will be difficult to access capital for borrowing.
  • Physicians will try new care models such as patient-centered medical homes and clinical integration.
  • Construction projects will be limited to those that generate returns.
  • IT will help providers shift to new care models.
  • Mergers and acquisitions will be brisk.
  • Providers will utilize volume to generate incremental revenue and decrease per-unit cost.

While “2011 is the year when a growing number of providers move forward with new care delivery models and run into the very real challenges posed by overhauling traditional ways of treating patients,” according to The Camden Group President Steven T. Valentine, “the fundamental question is whether providers can manage costs and improve quality while maintaining provider choice and open access. As always, the devil is in the details.”

Need help navigating these trends in 2011? Contact us today. We can help with IT models that will support the changing health care industry.

Related articles: Top 10 trends for 2011 include IT, new care models

Published with permission from TechAdvisory.org. Source.