Eric Smith’s Post

“If a CIO knows that Epic is bringing a new product to market in a year or two, the IT department will do its best to shut down attempts by clinician leaders or others to bring in another vendor that can address the issue today.” Interesting and somewhat troubling article on the market dominance by Epic. Of course, there are many positives to highlight about market-leading Electronic Health Records (EHRs). They have played a crucial role in the digital transformation of patient records, significantly benefiting the healthcare sector. However, observing the stagnation in innovation due to the dominant market position of leading companies, coupled with existing staff shortages, is alarming. https://lnkd.in/ecrj7cjt

Value-based care is not "set it and forget it". It's an operational change that requires the right time, resources, and ambassadors, like Navvis' practice optimization managers. In a recent MedCity News article, Navvis CEO Courtney Fortner outlined the importance of culture and adequate training for physicians to ensure process change isn't just "another EHR task." #valuebasedcare #healthIT #physicianburnout READ MORE ➡ https://lnkd.in/g_ihwZHj

EHRs are valuable tools for healthcare organizations, but the failure rate to achieving adoption and desired benefits can be as high as 50%. Read how Pikeville Medical Center, a 347-bed, level II trauma center partnered with Savista to ensure a successful Epic implementation. Read more here: https://lnkd.in/d5FSbMHK #healthcare #ehrintegration

EHRs are one of the most valuable, and most costly, investments a hospital can make. It's so critical that implementations are successful to ensure ROI.

Figured this would ultimately happen but now that it’s here will be very interesting to see how the #realworlddata and #heslthtech space evolves— Epic is expanding beyond its hospitals business with focus on telehealfh, payers/health plans and life sciences. More below 👇on how Epic is courting these new customers

Should patients be treated as consumers? Imagine a world where healthcare meets you right where you are, not just as a patient, but as a consumer. Where every call, every question, is more than a transaction – it's a step towards personalized care. It's not far-off. With solutions like Talkdesk This shift from patient to consumer is not just changing care – it's redefining it. The future of healthcare is here, and it's all about meeting you, the consumer, on your terms. Check out this 7min read and tell me what you think in the comments! #patientaccess #patientexperience #digitalfrontdoor #EPIC #Athena #Cerner

Working day-in and day-out to transform an industry like #healthcare is unbelievably challenging, which is why we make it a point to take the time to celebrate each step along the way. Recently, we had the opportunity to celebrate the journey alongside several of our partners, including Castell , Fort HealthCare, Gillette Children's, Marshfield Clinic Health System, the Medical University of South Carolina (MUSC), North Kansas City Hospital and Meritas Health, and Sanford Health. From saving thousands of annual staff hours at Marshfield Clinic and Fort HealthCare, to helping Castell save millions of dollars in staff costs, to decreasing no-show rates by 14% at MUSC, each of these organizations and the leaders within them are shining examples of what can be accomplished with grit, determination, vision, and courageous leadership. Whether our partners are running on Cerner, Epic, MEDITECH or another electronic health record, our automation platform for patient engagement and staff workflows is augmenting that foundation and driving real impact across RCM, Population Health, Operations and more. Learn more: https://lnkd.in/grNsKQfm

Does your health system have an ambulatory surgical center (ASC) strategy? Good article assessing if you should partner with an operator. Either way, FNBO would love to help you finance them. #ASC #healthsystems

🤔 What do you guys think about the growing trend of Physician Associates (PAs) stepping into roles traditionally held by doctors? Are they replacing Docs, or complementing them? 💼 Let's roll in for a conversation! Share your thoughts below and tag anyone interested in joining the discussion. 💬 #PAsVsDocs #HealthcareTrends #ConversationStarter

#Forbes released a Seth Joseph article about Epic Systems' stronghold on the hospital & health system EHR business. This monopolistic position potentially risks the lifeblood of innovation and competition in the EHR segment in more ways than just market share.   Epic, like so many other legacy systems, have the money and ability to scale, to invest in innovation, albeit slower than startups, and easily move through the enterprise & down-market healthcare sales cycle on their "trust and security" equity. But their product roadmap claims to offer simplicity for their customers by building features that "replace" the need for 3rd party vendors. While in today's strained healthcare delivery system, providers need more. More flexibility, speed & transparency that can't be achieved by feature add-ons.   In multi-site outpatient #PhysicalTherapy clinics, workforce recruitment & retention are top priorities (as witnessed on the Expo floor of APTA's CSM this year). OpEx is increasing. Admin burdens are increasing. And more patients are seeking care. Operational efficiency is paramount but the wound that won't heal is documentation. It is time to rebuild #musculoskeletal #documentation to support a reality where providers have more time for patient care. It's that simple. #healthcare #innovation (image content includes information from https://lnkd.in/gZgbzk9Y)