Working Smarter in Healthcare
Shaku Selvakumar 060001XT47 email@example.com | | Tags:  ibmimpact smart healthcare work
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By Cindy Cheng
With the latest forecast from Congressional Budget Office and the healthcare bill just days from going through the House for round two of votes, this topic continues to captivate our interest and ignite passionate discussions. Why shouldn't it? It is a subject that concerns our health and wallet – two things that most people care most about.
In 2009, the
So where do $1.2 trillion dollars evaporate to? According to a PriceWaterhouseCooper’s Health Research Institute report, here are the top areas of waste in healthcare and their price tag:
In sum, much of the waste in healthcare are due to administrative costs, operational inefficiencies, misdiagnosis, redundant treatments, lost of medical records, and fraud. In just about every area, however, better technology and smarter processes can help. For example, electronic health records allow care providers and patients to access their medical records just about anywhere, anytime to avoid duplicating test orders. Automated and electronic claims processing can help reduce data errors, shorten decision time, and cut administrative fees and ensure that vital information gets passed from patient, insurance companies, to healthcare providers expediently.
Regardless of the healthcare bill and reform outcome, there’s no doubt that the system is broken like a leaking pipe. So what’s the diagnosis?
Start with an one hour videocast that features Nancy Pearson from IBM Software Group, Dr. Marty Kohn from IBM Global Business Services, and Manish Vapani from Kaiser Permanente. Register and learn how organizations can optimize both patient care and performance by:
Learn how Boston Medical Center is achieving revenue growth with a new referral management system. Hear from Parkland Health System and Partners Healthcare as they share how they improve processes for delivering care. Find out how Texas Farm Bureau gets innovative insurance solutions with Sapiens and IBM. Discover how Cardinal Health innovates their supply chain.
Working smarter can start by taking five days to map out your healthcare IT strategy for the next five years.