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The global health information exchange market is expected to reach USD 2.0 billion by 2025 from USD 1.1 billion in 2020, at a CAGR of 12.2%.
Growth in this market can be attributed to factors such as growing need to curtail healthcare costs, focus on patient-centric care delivery, growing adoption of EHRs and other HCIT solutions, government initiatives for enhancing patient care and safety, government funding for healthcare interoperability. However, data privacy concerns, need for significant investments in infrastructure development and high cost of deployment, lack of true interoperable solutions are expected to hinder the market growth.
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What Businesses in Tennessee and Across the U.S. Can Take From Virginia’s New Consumer Data Protection Act
Virginia Gov. Ralph Northam recently signed the Virginia Consumer Data Protection Act (VCDPA) into law, making Virginia the second state, following California, to adopt comprehensive consumer data privacy legislation.
Like the California Consumer Privacy Act (CCPA) and the European Union’s General Data Protection Regulation (GDPR), the new law gives Virginia consumers more control over how businesses collect and use their personal data. The law also creates security and assessment requirements for businesse
Providers fear HIPAA changes conflict with interoperability, info blocking rules
Modern Healthcare Illustration / Getty Images
Providers, patient advocates and app developers broadly support a Trump-era rule that would make it easier to share patient health information, but they remain divided over how far the changes should go and concerned about inconsistencies across regulations, according to comments on the proposed rule due Thursday.
Hospitals and medical groups said that easing the exchange of health information and allowing patients greater access to and control of their health records could enable better care coordination and management. But they re worried about giving more access to smartphone apps and other entities that aren t covered by the Health Insurance Portability and Accountability Act.
Washington Editor Joyce Frieden talked with Micky Tripathi, PhD,
MPP, the new head of the Office of the National Coordinator (ONC) for Health Information Technology, to find out his plans for health IT in the Biden administration. The interview was conducted with a press person present, and has been edited for length and clarity.
I really appreciate your taking the time to talk to me. For our readers who might not know you yet, can you tell us about your background and what you re bringing to the position?
Tripathi: Sure, happy to. This is my third or fourth career; I ve been in health IT since about the early 2000s. I started out by working out of Indianapolis with the Regenstrief Institute; the institute has been doing a lot of leading-edge work in health informatics for a long time. I went and helped start the Indiana Health Information Exchange IHIE one of the most sustainable health information exchanges in the country.
Select Medical Holdings Corporation Announces Results For Its First Quarter Ended March 31, 2021 and Cash Dividend
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MECHANICSBURG, Pa., May 6, 2021 /PRNewswire/ Select Medical Holdings Corporation ( Select Medical, we, us, or our ) (NYSE: SEM) today announced results for its first quarter ended March 31, 2021 and the declaration of a cash dividend.
For the first quarter ended March 31, 2021, revenue increased 9.3% to $1,546.5 million, compared to $1,414.6 million for the same quarter, prior year. Income from operations increased 57.0% to $202.0 million for the first quarter ended March 31, 2021, compared to $128.7 million for the same quarter, prior year. Net income increased 94.8% to $137.2 million for the first quarter ended March 31, 2021, compared to $70.4 million for the same quarter, prior year. Net income included a pre-tax gain on sale of businesses of $7.2 million for the first quarter ended March 31,