Browse by Topic
More than 40,000 members value HFMA's thought leadership and practical strategies. HFMA is where you need to be.
Get acquainted with the
healthcare finance industry's leading professional association. Find out why our
members rely on HFMA as their go-to source for insight and
Members have many
options for helping them advance their careers. Conferences, seminars,
eLearning, certification, and more -- our education and events will keep you
Connect the dots on today's big issues, explore collaborations, get career-boosting tips, and network with colleagues nationwide at the leading finance conference. Save $100 off the full conference rate when you register by May 8.
Real-time presentations with nationally recognized experts, networking opportunities, and industry solutions—no travel required!
Learn about timely healthcare finance topics and earn CPEs. Most live webinars are free for HFMA members and $99 for non-members. View the latest schedule.
If you're a subscriber to any of our three newsletters, you have access to online education. Learn more or subscribe.
Get the perspectives of leading healthcare finance professionals on today's hottest issues.
Information about leading vendors helps your buying decisions.
Forum members can network during live webinars or access a library of past webinars on topics such as bundled payment, charity care, and ICD-10.
An ever-expanding collection of spreadsheets, policies, job
descriptions, checklists, and more that you can adopt and adapt.
Forum members can submit vexing questions to a panel of experts
using our Ask the Expert service.
Your source for employment solutions.
Find new employment opportunities or
reach out to qualified candidates.
Distinguish yourself as a
leader among your peers and advance your career by earning certification in our
healthcare finance programs.
Get an objective third-party evaluation of products and services used in the healthcare finance workplace.
MAP App is a web-based application that helps organizations improve revenue cycle performance based on industry-standard metrics called MAP Keys.
Find suppliers and products in this comprehensive vendor directory for healthcare finance professionals.
Guidance for understanding and communicating about the price of health care.
Transformation toward value-based healthcare is reshaping the delivery of care, patient expectations, and payment structures.
Improve your revenue cycle performance through standard metrics, peer comparison, and successful practices.
Aug. 7—Increasing use of wearable tech and mobile health apps that collect patient health information could be a game changer in treating chronic disease, yet few providers have the resources to analyze data that patients bring them.
“I think [our understanding of chronic disease] is going to change once the big data from patients matches the big data from our EHRs,” Gurpreet Dhaliwal, MD, professor of clinical medicine for the University of California, San Francisco, told attendees of ANI: The HFMA National Institute this past summer. “When we start analyzing these huge data sets of patients and start to learn more about how the disease works, then we might be able to say the patient who brings that kind of data in should prompt us to change our management one way or the other.”
For example, physicians’ understanding of diabetes “is very naïve in a molecular world,” Gurpreet says. More and more, these patients and others are coming to their physicians with stacks of statistics they’ve collected on their own—from wearable devices such as FitBits; from blood pressure cuffs they’ve purchased for in-home use; from blood sugar monitors and more.
“We understand [diabetes] as an insulin problem and a sugar resistance problem. If you’re coming in with much more granular data than we understand how to treat it, a lot of times, it’s almost like an art project: We’ll give you a gold star, and then it’s like, ‘Well, that’s great, but I’m still going to do what I would have done anyway without it,” Dhaliwal says.
Wearable health and fitness devices are the most popular forms of “wearable tech” used by Americans. In a 2013 survey, 71 percent of Americans who use wearable tech believed their use of such technology had enhanced their health (Centre for Creative and Social Technology, Goldsmiths, University of London). One research company predicts 170 million such devices will exist by 2017.
Joanne Rohde, CEO for Axial, believes there will be an increase in the secure exchange of health information from wearable tech and mobile health apps as providers move toward achieving meaningful use stage 2 and stage 3.
However, analyzing the data and using it to suggest interventions that could enhance health and wellness is something many providers are not yet equipped to do.
“Tracking patient health data is not hard from the technology side. The question is, are things in place within hospitals and health systems to use this data to help improve patients’ health?” Rohde says.
It’s what Dhaliwal calls “a 2014 question.”
Although Rohde believes providers will get to the point where they can use information from wearable devices and mobile health apps to gain greater insight on managing chronic disease, such progress is likely years away, she says.
“I don’t think providers are set up to track that information right now,” Rohde says. “It’s just not feasible for a physician or hospital to monitor all of your health and wellness activities and data. What is feasible is that patients can monitor their own health with the aid of these devices, and when they see something that isn’t consistent, they can feel empowered to share that information with their healthcare provider immediately so that the issue can be dealt with as quickly as possible.”
Today, patient engagement applications are helping patients learn about their condition and medications, track progress against their care plan, and discover strategies for staying well.
These apps are targeted to consumers, but more and more, hospitals are purchasing them on behalf of patients with chronic disease and other illnesses that put them at risk for readmission or that are difficult to manage without education and support.
One such app, developed by physicians at Mayo Clinic, provides consumer education and support regarding 2,000 conditions.
“Hospitals want a more meaningful, more healthful relationship with patients. This is particularly true as we move away from fee-for-service to value-based business models in health care: Hospitals have an incentive to help patients stay well and keep them out of the hospital,” Rohde says.
“Mobile health apps have the potential to create a more integrated relationship between hospitals and patients during the first days after discharge,” she says. “They offer a very simple, elegant way for people to understand what’s going on with their health and to have information at the ready when they need to speak to a healthcare provider—and to become more involved in interventions to better manage their health. Such applications also enhance patient satisfaction.”
The power of such applications lies not only in the ability of patients to gain information that empowers them to better manage their health and have more informed discussions with their providers, but also in the ability of providers to track trends in data for a particular patient group.
For example, one hospital that Axial has worked with discovered from the app that the No. 1 thing its diabetic patients were concerned about was not their glucose levels or their weight, but their risk for depression.
“This came as a surprise to the hospital,” Rohde says. “It’s sort of intuitive, when you think about it: If you’re depressed, it becomes much harder to initiate lifestyle changes, such as increased exercise, to better manage a chronic condition. But it was a real a-ha moment for the hospital. Once the hospital realized that the No. 1 thing on patients’ minds was depression, clinicians began to provide information regarding behavioral health management and what to do when you’re depressed to patients with diabetes.
“Broad-based trends such as this are something that hospitals can measure and react to today—and that provides huge promise for population health management,” Rohde says.
Jeni Williams is managing editor, content development, HFMA's Westchester, Ill., office. Follow her on Twitter.
Publication Date: Thursday, August 07, 2014
Tom Myers, chief strategy officer, The SSI Group, discusses the shifting payment environment and how it affects providers' patient access and claims management processes.
Jeff Chester, senior vice president and chief revenue officer at Availity, shares his thoughts on "Revenue Cycle 2.0" and how to best meet its challenges.
Mitch Morris, vice chair and global leader, healthcare, Deloitte, and Michael O'Rourke, senior vice president and chief information officer, Catholic Health Initiatives (CHI), share perspectives on the need for transformational IT in health care today.
Brian Kueppers, founder and CEO, Apex, discusses the importance of a robust patient payment strategy in boosting organization revenue and enhancing patient satisfaction.
Brian Grazzini, CFO, HealthPort, describes the importance of efficient and compliant information exchange and audit management in helping HIM staff spend less time on paperwork and more on mission-critical projects.
Cindy Matthews, executive vice president, Community Hospital Corporation, discusses how rural and community hospitals can use collaborative partnering to position for success through tough market conditions.
Rick Heise, senior vice president, revenue cycle, at Cerner Corporation, discusses the importance of integrating clinical and financial data to excel in health care’s changing payment environment.
Russ Graney, founder and CEO for Aidin, and John Laursen, head of business development for Aidin, share insights on how to improve care transitions between acute and post-acute care settings and incentivize high-quality patient outcomes.
Scott Elston, strategic accounts manager, GE Healthcare Services, describes how substantial cost reduction in health care requires rethinking business strategy and asset use.
Robert Williams, MD, director, Deloitte Consulting LLP, and Arielle Freiberger, product strategist, ConvergeHEALTH by Deloitte, explain how sophisticated retrospective, real-time, and predictive data analytics can inform decision making to reduce costs and improve care.
Stuart Hanson, director of business development (healthcare solutions) at Citi Retail Services, discusses how improving the payment experience can benefit consumers and healthcare providers.
HFMA's print, email, online, and mobile opportunities provide you maximum reach and impact. We will work with you to build a plan that meets your needs. Contact a sales rep.
HFMA’s Buyer’s Resource Guide is a comprehensive vendor directory that helps healthcare finance professionals find products and services.
Access all the tools and resources you need to develop your personal skills. Organized into distinct career levels, this tool creates a career plan specific to your career goals.
...with HFMA’s Certified Healthcare Financial Professional (CHFP).
©2015 Copyright Healthcare Financial Management Association
HFMA.org is best viewed using IE9 or the latest versions of Chrome, Firefox, and Safari.
Join HFMA today and enjoy: