DALLAS – A new survey from Anthelio finds that a majority of community hospitals report having low operating margins due to rising healthcare costs and lower Medicare/Medicaid reimbursement. Nonetheless, most hospitals surveyed are still working to put in place an array of health IT.
The report finds community hospitals targeting several priorities as they work to put in place technology solutions to improve operations, and improve patient satisfaction and performance:
- EMR implementation. Sixty-nine percent of community hospitals have acquired and started their EMR implementations, with 39 percent spending more than $8 million on their EMR implementations.
- ICD-10 conversion. Although 95 percent of community hospitals have begun the switch from ICD-9/HIPAA 4010 to ICD-10/HIPAA 5010, only 24 percent are currently undergoing remediation.
- Health information exchanges. Responding community hospitals expressed a strong interest in participating in HIEs, with 43 percent saying that they are participating in an HIE, plus another 28 percent saying they are not participating, but would like to – 29 percent reported not being interested in HIE participation.