IMAT Solutions Blog

20 Nov Why Centralized Data Repositories (CDRs) are Essential for Modern Healthcare

Posted at 06:16h in Health Payers, Hospitals and Clinics by DesignWorks 0 Comments

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Introduction In today’s healthcare landscape, achieving value-based care requires enhanced health data sharing, integration, and accessibility across various systems. Centralized Data Repositories (CDRs) have become vital in meeting these needs, enabling seamless interoperability within healthcare. A CDR acts as a centralized hub, consolidating data from numerous sources—electronic medical records (EMRs), claims, labs, pharmacies, and more—to provide a holistic view of patient and operational information. This comprehensive approach supports data-driven decision-making, streamlines operations, and ensures regulatory compliance, all...

25 Sep Bain & Company/KLAS: Payers and Providers Increasing IT Investments

Posted at 09:00h in Hospitals and Clinics by DesignWorks 0 Comments

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IMAT’s Health Data Management Platform Provides Significant ROI on Payer and Provider Health IT Investments According to a new survey from Bain & Co. and KLAS Research, health payers and providers are boosting their overall investments in cybersecurity, AI and other critical IT areas and are more willing to experiment with these technologies. While payers and providers are continuing to place a premium on technology, there are still challenges around legacy technologies and aging infrastructure that...

25 Jul McKinsey: How to Bring Digital Health Investment Priorities to Life

Posted at 20:28h in Hospitals and Clinics by DesignWorks 0 Comments

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The IMAT Health Data Management Platform is a Significant Enabler for Modernization While most health system executives view digital and AI transformation as being critical, the vast majority are lacking resources or planning to bring these innovation efforts to life, according to a recent McKinsey survey. Specifically, 75 percent of respondents reported that their organizations are not yet able to deliver on digital transformation because they have not sufficiently planned or allocated the necessary resources. In addition,...

11 Jul Healthcare M&A: How to Ensure a Seamless Integration of All Health Data

Posted at 23:19h in Hospitals and Clinics by DesignWorks 0 Comments

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In 2024, hospital merger and acquisition activity has been at its highest since 2020. In the first quarter alone, there were 20 announced transactions generating $12 billion. Four of the transactions were mega-mergers, where the participants revenue exceeded $1 billion. Much of this heavy deal flow is a result of financial pressures and portfolio realignments to help care systems remain competitive in a rapidly changing healthcare landscape. In any M&A setting, there are always challenges around management...

08 Nov HHS Releases Proposed Rule for Information Blocking Disincentives

Posted at 19:01h in Hospitals and Clinics by DesignWorks 0 Comments

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IMAT Data-as-a-Service Solution Viable Option for Enhancing Clinical Data Integration Capabilities Last week, HHS released a proposed rule for public comment that would establish disincentives for healthcare providers who have committed information blocking. This is when a provider knowingly and unreasonably interferes with the access, exchange, or use of electronic health information except as required by law or covered by a regulatory exception, according to HHS. The disincentives impacts eligible hospital or critical access hospital (CAH) under...

02 Aug How IMAT Solutions Meets Data-Sharing Best Practices Playbook Requirements

Posted at 09:00h in Health Payers, HIEs, Hospitals and Clinics by DesignWorks 0 Comments

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AHIP, the American Medical Association (AMA), and the National Association of ACOs (NAACOS) recently published data-sharing best practices that organizations may voluntarily adopt to support the growth of value-based care. This new data-sharing best practices playbook aims to help health payers, providers, hospitals, and other value-based care entities to overcome key challenges associated with data sharing for value-based care arrangements that persist today. Following are the key elements of this playbook, and how IMAT Solutions can help...

14 Jun The Effectiveness of AI Guidance for Health Systems is Directly Dependent on the Quality of the Data

Posted at 09:00h in Hospitals and Clinics by DesignWorks 0 Comments

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While there’s a current mad rush in the development of Artificial Intelligence (AI) solutions for the healthcare arena, health payers and health systems may want to step back and truly assess before implementing these kinds of offerings. As we have seen lately in the mainstream media, Generative AI models, such as ChatGPT, are known to generate mistakes or “hallucinations.” Just last week, a lawyer got into trouble for using ChatGPT for a court filing that...

04 May Updated CMS National Quality Strategy to Focus More on Digital Data

Posted at 01:47h in Hospitals and Clinics by DesignWorks 0 Comments

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The Center for Medicare and Medicaid Services (CMS) National Quality Strategy focuses on promoting quality outcomes, safety, equity, and accessibility for all individuals, especially those in underserved communities. Originally launched a year ago, CMS officials recently discussed updates to the National Quality Strategy at the 2023 CMS Quality Conference. These updates include increasing the percentage of digital measures used in CMS quality programs, as well as leveraging the FHIR data standard. In particular, CMS is placing a...

15 Feb Supporting Innovative Health Data Exchange Efforts in California

Posted at 20:07h in HIEs, Hospitals and Clinics by DesignWorks 0 Comments

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The IMAT Data-as-a-Service (DaaS) Offering Enables Comprehensive Source Interoperability for Meeting 2024 Deadline Late last year, the State of California introduced its California Health and Human Services Agency (CalHHS) Data Exchange Framework to support statewide implementation among healthcare and human services organizations. With $50 million allotted, this effort mandated the signing of a data-sharing agreement to expand the exchange of health information among health care entities, government agencies, and social service programs beginning in 2024. To date, more...

02 Feb How to Overcome Health Data Quality and Interoperability Challenges

Posted at 18:51h in Health Payers, HIEs, Hospitals and Clinics by DesignWorks 0 Comments

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IMAT DaaS Solution Provides Access to Clean and Validated Data, While Enhancing Interoperability Capabilities A recent study from Health Gorilla found that poor data quality and information sharing remain a challenge to the vast majority of healthcare systems. More than 130 executive decision-makers across the healthcare ecosystem reported that 60 percent of healthcare systems had duplicative or incomplete data retrieved through health information exchanges. Sixty nine percent of digital health executives also reported gaps in their...