Electronic Provider Payments: Now a Real Win-Win

Posted

by Bob Chevlin June 2017 – Payers have been increasingly embracing the use of virtual card payments (i.e., electronic payments) as a way of reducing the cost of issuing checks or ACH payments. In addition, Payers have benefited from receiving “cash back” from their virtual card issuing vendors in the form of dividends, rewards or rebates effectively creating… Read more »

Innovation as a Competency

Posted

by Neil Patel May 2017 – “But healthcare is different.” This often-used excuse by many in our field attempts to explain why strategies and tactics that have worked in other industries would not work in healthcare. When it comes to innovation, you would be hard-pressed to find a non-commoditized industry where a firm that does… Read more »

Healthcare Investing in the Age of Trumbama Care

Posted

by Dave Eichler April 2017 As a healthcare venture capitalist for the past 18 years, I am often asked how our investment strategy has been impacted by Obamacare, and more recently by efforts aimed at its repeal and replacement. I understand the impulse by some to stay on the sidelines given all of the uncertainty, but… Read more »

Top Five Mistakes I’ve Made Building Healthcare Technology Partnerships—and How to Avoid Them

Posted

by Ben Wilson March 2017 – If you’re like me, you’re tired of wasting time on healthcare technology partnership deals that go nowhere. These deals often take time, travel expense, and most of all, incur a significant opportunity cost. Healthcare provider and payer organizations have complex and sophisticated IT environments with hundreds of applications. These healthcare… Read more »

Healthcare IT: “Everything that Rises Must Converge”

Posted

by Arvind Subramanian February 2017 – The title of gifted writer Flannery O’Connor’s eponymous short story collection “Everything That Rises Must Converge” is a good expression of the powerful intersecting forces driving the next wave of value creation in the US Healthcare IT (HCIT) ecosystem. The confluence of consumerism, demographics, provider leadership/management transitions, legislation, and technology… Read more »

Does ACA Repeal Shift Power to Insurers?

Posted

By Dan Wilson January 2017 – With Congress moving to repeal the ACA, reinforced by President Trump’s executive order for a “prompt repeal,” there’s significant speculation surrounding how our insurance market will look post-2017. The ACA introduced changes resulting in an estimated 20 million people gaining coverage since the law’s introduction, mostly through Medicaid expansion,… Read more »

Consumer Driven Healthcare Is All About Marketing

Posted

By Russell Benaroya October 2016 – Consumers need to do the right things for themselves in order for our healthcare system to work. That’s everything from making smart lifestyle decisions to understanding their benefits to spending those growing out of pocket dollars wisely. Unless individuals act in their best interest to take the steps necessary to… Read more »

Our Healthcare System – Its Survival Lies with the Consumer

Posted

By Ken Saitow September 2016 – Patient engagement is now recognized as a crucial component of high-quality healthcare services, as it contributes to better health outcomes and an enhanced patient experience, improves adherence to therapies, and reduces care costs. In the last several years, healthcare organizations of all shapes and sizes have tried many things… Read more »

Independence remains a rewarding choice for doctors

Posted

By Chadwick Prodromos and Michael Nissenbaum August 2016 – Independent physicians are not quite a dying breed, though their ranks are dwindling. In the year 2000, 57% of all doctors worked in their own private practice; today, only about one-third of physicians remain independent. The doctors who are trading independence in favor of health system… Read more »