|By Business Wire||
|November 30, 2016 09:01 AM EST|
Specialty-specific health information technology company Modernizing Medicine, Inc. announced major technological advancements to its intuitive suite of products and services at the company’s third annual user conference, MOMENTUM. An enhancement to the company’s specialty-specific electronic health record (EHR) system, EMA™, and Practice Management system, Analytics is designed to give physicians near real-time population health data to help support the transition to value-based healthcare.
This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20161130005688/en/
Modernizing Medicine Unveils Population Health Platform and Apple Watch Application at Annual User Conference (Graphic: Business Wire)
This functionality is timely considering that the Centers for Medicare & Medicaid Services (CMS) recently released the final rule outlining how the Medicare Access and Chip Reauthorization Act (MACRA) plans to replace the current Medicare payment system with the Merit-Based Incentive Payment System (MIPS) and Alternative Payment Models (APMs).
“Since CMS aims to reimburse for value, not volume, we need to provide real-time quality outcomes with appropriate benchmarking so that providers can thrive,” said Michael Sherling, MD, MBA, chief medical officer and co-founder of Modernizing Medicine. “Analytics is intended to empower our physicians with specialty-specific, granular, actionable data to conduct population health, streamline operational efficiencies and improve the financial health of their practice.”
From patient check-in to discharge, Analytics is designed to allow specialists to identify and track key clinical, financial and operational metrics to uncover insights to help optimize their practice, plus measure and enhance performance by making high-quality medical decisions and helping to keep costs down. Without leaving EMA, in Analytics physicians can have the ability to:
- Unlock in-depth clinical data, billing and financial reports to augment the built-in reporting tools in EMA and Practice Management
- View real-time, national benchmarking
- Spot and respond to trends in payment patterns
- Compare outcomes and performance with other providers
- View changes, payments and adjustments by payer groups
- Identify trends in reimbursement patterns before they affect cash flow
At the users’ conference, some clients saw real-time client data for the first time, whereas others touted the benefits of already using Analytics.
“Running a medical practice, you are only as good as the clinical, operational or financial data you can review to benchmark your performance,” shares Tom McNeil, chief executive officer of Premier Dermatology, a 15 provider group with multiple locations throughout the greater Sarasota, Florida area. “With Analytics, I can show our partners real time benchmarking within our group and compare it with CMS and other data. We utilize the Analytics dashboard frequently, which gives us the ability to focus on the specific data we want to see on a daily, weekly and monthly basis. Having access to these detailed reports can help us to identify areas within the practice that need improvement and highlight the areas where we’re succeeding.”
In addition, with the announcement of the general availability of Modernizing Medicine’s Apple Watch technology, users will be able to view scheduling to provide insight into the day’s agenda, including which patients are coming in, what time the appointments are and which rooms patients are in; Intramail; viewing Notes; and more. Apple Watch application functionality is facilitated through modmed Pocket Practice™, a native iOS smartphone application.
“These significant advancements in healthcare technology can help specialty physicians retain their independence by providing them with tools to support running profitable businesses that deliver optimal patient care,” said Daniel Cane, CEO and co-founder of Modernizing Medicine.
“Having practicing physicians that actually code software work for our company, we understand clients not only need to be able to capture and access insightful data, but also turn that data into actionable information, anywhere, anytime,” adds Dr. Sherling. “Our specialty-specific suite of products and services empowers providers to compare their quality of care and quality of business against their own benchmarks, as well as that of other practices, to support pay for performance and value-based healthcare.”
For more information about Modernizing Medicine and its solutions for specialty medical and surgical practices, please visit www.modmed.com.
About Modernizing Medicine
Modernizing Medicine® and its affiliated companies are transforming how healthcare information is created, consumed and utilized in order to increase efficiency and improve outcomes. Our specialty-specific, data-driven and cloud-based electronic health records (EHR) and practice management (PM) systems, plus revenue cycle management (RCM) services, were built by a team including specialty physicians and practice management professionals. Our suite of products and services is designed to transform the clinical, financial and operational aspects of dermatology, gastroenterology, ophthalmology, orthopedics, otolaryngology, pain management, plastic surgery, rheumatology and urology practices. We also offer products designed specifically for ambulatory surgery centers. For more information, please visit www.modmed.com. Connect with Modernizing Medicine on our Blog, Facebook, LinkedIn and Twitter. Modernizing Medicine is a member of CommonWell Health Alliance.*
*‘CommonWell Health Alliance’ and the CommonWell logo are licensed trademarks of CommonWell Health Alliance in the U.S. and other jurisdictions.
Web Real-Time Communication APIs have quickly revolutionized what browsers are capable of. In addition to video and audio streams, we can now bi-directionally send arbitrary data over WebRTC's PeerConnection Data Channels. With the advent of Progressive Web Apps and new hardware APIs such as WebBluetooh and WebUSB, we can finally enable users to stitch together the Internet of Things directly from their browsers while communicating privately and securely in a decentralized way.
Mar. 29, 2017 03:00 AM EDT Reads: 6,045
Information technology (IT) advances are transforming the way we innovate in business, thereby disrupting the old guard and their predictable status-quo. It’s creating global market turbulence. Industries are converging, and new opportunities and threats are emerging, like never before. So, how are savvy chief information officers (CIOs) leading this transition? Back in 2015, the IBM Institute for Business Value conducted a market study that included the findings from over 1,800 CIO interviews ...
Mar. 29, 2017 01:45 AM EDT Reads: 5,389
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm.
Mar. 29, 2017 01:15 AM EDT Reads: 2,464
"We host and fully manage cloud data services, whether we store, the data, move the data, or run analytics on the data," stated Kamal Shannak, Senior Development Manager, Cloud Data Services, IBM, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Mar. 29, 2017 01:15 AM EDT Reads: 9,169
What sort of WebRTC based applications can we expect to see over the next year and beyond? One way to predict development trends is to see what sorts of applications startups are building. In his session at @ThingsExpo, Arin Sime, founder of WebRTC.ventures, will discuss the current and likely future trends in WebRTC application development based on real requests for custom applications from real customers, as well as other public sources of information,
Mar. 29, 2017 01:00 AM EDT Reads: 1,083
Interoute has announced the integration of its Global Cloud Infrastructure platform with Rancher Labs’ container management platform, Rancher. This approach enables enterprises to accelerate their digital transformation and infrastructure investments. Matthew Finnie, Interoute CTO commented “Enterprises developing and building apps in the cloud and those on a path to Digital Transformation need Digital ICT Infrastructure that allows them to build, test and deploy faster than ever before. The int...
Mar. 29, 2017 12:15 AM EDT Reads: 1,365
Whether you like it or not, DevOps is on track for a remarkable alliance with security. The SEC didn’t approve the merger. And your boss hasn’t heard anything about it. Yet, this unruly triumvirate will soon dominate and deliver DevSecOps faster, cheaper, better, and on an unprecedented scale. In his session at DevOps Summit, Frank Bunger, VP of Customer Success at ScriptRock, discussed how this cathartic moment will propel the DevOps movement from such stuff as dreams are made on to a practic...
Mar. 29, 2017 12:15 AM EDT Reads: 8,456
In his General Session at 17th Cloud Expo, Bruce Swann, Senior Product Marketing Manager for Adobe Campaign, explored the key ingredients of cross-channel marketing in a digital world. Learn how the Adobe Marketing Cloud can help marketers embrace opportunities for personalized, relevant and real-time customer engagement across offline (direct mail, point of sale, call center) and digital (email, website, SMS, mobile apps, social networks, connected objects).
Mar. 28, 2017 11:15 PM EDT Reads: 3,451
For organizations that have amassed large sums of software complexity, taking a microservices approach is the first step toward DevOps and continuous improvement / development. Integrating system-level analysis with microservices makes it easier to change and add functionality to applications at any time without the increase of risk. Before you start big transformation projects or a cloud migration, make sure these changes won’t take down your entire organization.
Mar. 28, 2017 09:30 PM EDT Reads: 3,735
"My role is working with customers, helping them go through this digital transformation. I spend a lot of time talking to banks, big industries, manufacturers working through how they are integrating and transforming their IT platforms and moving them forward," explained William Morrish, General Manager Product Sales at Interoute, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Mar. 28, 2017 09:30 PM EDT Reads: 3,838
With the introduction of IoT and Smart Living in every aspect of our lives, one question has become relevant: What are the security implications? To answer this, first we have to look and explore the security models of the technologies that IoT is founded upon. In his session at @ThingsExpo, Nevi Kaja, a Research Engineer at Ford Motor Company, will discuss some of the security challenges of the IoT infrastructure and relate how these aspects impact Smart Living. The material will be delivered i...
Mar. 28, 2017 09:30 PM EDT Reads: 2,223
SYS-CON Events announced today that Ocean9will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Ocean9 provides cloud services for Backup, Disaster Recovery (DRaaS) and instant Innovation, and redefines enterprise infrastructure with its cloud native subscription offerings for mission critical SAP workloads.
Mar. 28, 2017 08:15 PM EDT Reads: 2,333
Your homes and cars can be automated and self-serviced. Why can't your storage? From simply asking questions to analyze and troubleshoot your infrastructure, to provisioning storage with snapshots, recovery and replication, your wildest sci-fi dream has come true. In his session at @DevOpsSummit at 20th Cloud Expo, Dan Florea, Director of Product Management at Tintri, will provide a ChatOps demo where you can talk to your storage and manage it from anywhere, through Slack and similar services ...
Mar. 28, 2017 07:00 PM EDT Reads: 4,493
Imagine having the ability to leverage all of your current technology and to be able to compose it into one resource pool. Now imagine, as your business grows, not having to deploy a complete new appliance to scale your infrastructure. Also imagine a true multi-cloud capability that allows live migration without any modification between cloud environments regardless of whether that cloud is your private cloud or your public AWS, Azure or Google instance. Now think of a world that is not locked i...
Mar. 28, 2017 06:15 PM EDT Reads: 455
SYS-CON Events announced today that Auditwerx will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Auditwerx specializes in SOC 1, SOC 2, and SOC 3 attestation services throughout the U.S. and Canada. As a division of Carr, Riggs & Ingram (CRI), one of the top 20 largest CPA firms nationally, you can expect the resources, skills, and experience of a much larger firm combined with the accessibility and atten...
Mar. 28, 2017 06:15 PM EDT Reads: 436