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HIPAA & Beyond: Business Opportunities at the Intersection of Privacy, Technology, & HealthcareSubmitted by Ted Takacs on Fri, 02/18/2005 - 11:12.
This session, sponsored by BioEnterprise and NEOSA, took place at the new HealthSpace Cleveland facility at 8911 Euclid Avenue, across the street from the Cleveland Clinic. The focus of the session was on the business implications of HIPPA and other regulations on the Healthcare and IT sectors. The scope of the panel discussion and question and answer session encompassed a far broader range of topics relating to the challenge of developing technical solutions that facilitate the implementation of Electronic Medical Records (EMR), the standardization of EMR records, and the sharing of EMR records among healthcare providers. HIPAA – What is it? What’s Happened? What’s Next The Opportunity for Technology Innovation: Employer Perspective The objective is to identify at-risk people and engage in preventative behaviors before symptoms of disease occur. Disease management requires a dialogue among medical service providers, employers, and patients. Employers can realize huge savings in health service costs for their employees by providing incentives for at-risk employees to modify behaviors that increase the risks of health problems. A large challenge to technology providers is to recreate the intricacies of the communication between the clinician and patient. For example, drop-down menus frequently lack adequate choices to record medical information. Another technical challenge is the development of more efficient billing systems. Currently, 25% to 28% of the overhead of physicians is spent on getting paid for services. Challenges & Opportunities in Implementing Electronic Medical Records
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