While reimbursement requirements are a major driver of this focus, reducing LOS can also decrease the number of hospital-acquired conditions (HACs), which are subject to payment reductions of their own. Efforts to reduce LOS have led to a flurry of research into factors that impact LOS and how to address them. Due to the diversity… Read More

It would be an understatement to say that 2016 was a year of unanticipated results. I expect 2017 will be another fascinating year for providers, patients, suppliers and payers. As president and CMO of LeanTaaS, I expect to have a front-row seat in partnership with the 30+ leading health systems we work with all over… Read More

One minute of utilized operating room (OR) time can be worth more than $70 in revenue and one minute of staffed OR time can cost $50 or more, making underutilized OR time a huge problem. Each year, roughly 51 million surgeries are performed in the 5,000+ hospitals and 5,000+ surgery centers in the U.S. MGMA… Read More

Interoperability continues to be one of healthcare IT’s biggest trends in 2016 as the industry sees momentous forward movement. In fact, interoperability is not a new trend. It has been an important mission (and a challenge) for healthcare administrators for decades, but the past couple of years have been game-changing. First, the U.S. Department of… Read More

Most large, complex health systems rely on block schedules for managing the complexity of operating room utilization. The concept has a visceral appeal to it — give the surgeon or the service line a full-day or a half-day block, and leave the scheduling of procedures within the block to the block owner since they are… Read More

Explosion of data volumes. Interoperability of systems. Large servers in the sky that can analyze enormous amounts of data, compute complex algorithms in real time, and communicate in microseconds. Mobile communication through devices that patients, providers and staff all carry all the time. What does this all mean for hospital operations? Based on working with… Read More

Dick Foster is a Partner at Lux Capital and a member of our Board. Becker’s  interviewed him to get his thoughts on healthcare trends and the “hospital of the future”.  NOTE: This is the first segment in Becker’s two-part interview with Dr. Dick Foster. In Part I of this interview, they will cover the latest technology trends and… Read More

Can Medical technologies actually talk to each other? Is Interoperability Real? #safety over #profits Interoperability will be healthcare IT’s biggest trend in 2016 as the industry finally sees momentous forward movement. In fact, interoperability is not a new trend. It has been an important mission (and a challenge) for healthcare administrators for decades, but the past… Read More

Consumerization of EHR For decades, companies and regulators have been trying to “fix” the EHR. But since the passage of the Health Information Technology for Economic and Clinical Health Act (HITECH) in 2009 — a $30 billion effort to transform healthcare delivery through widespread use of EHR technology — the “next generation” EHR is becoming a reality, and it will… Read More