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| Michael Dell called for increased digitalization of data at the Health Evolution Partners Leadership Summit. |
Addressing the Health Evolution Partners Leadership Summit in Dana Point, Calif., Dell said healthcare organizations had opportunities in four areas:
- Increasing digitalization of data and the ability to share information among providers, patients and payers.
- Empowering caregivers by supplying patient data to them at the point of care, which he said would improve their efficiency.
- Using information technology to help hospitals increase their revenues, improve cash flow and save money.
- Tapping data to create innovations in targeted care and the use of genomics that could result in new opportunities for the industry.
Dell didn't neglect to mention the contributions his company has made. "Today, Dell is providing EMR solutions to 40,000 clinicians through 20 hospital-affiliated programs," he said. "Seventy percent of the hospitals who have achieved the highest level of EMR deployment are Dell customers."
At another point, he noted how his company "has helped hospitals recover $15 billion through revenue-cycle process and technology improvements over the last seven years. One hospital with a large percentage of public-pay patients reduced unbilled claims by 30 percent and increased their cash flow by $8 million a month by improving revenue cycle processes."
In case you thought that Dell mostly made and sold computers--a field that will benefit from health IT's growth--the company now also sells electronic health record and administrative systems for both hospitals and physician practices. In addition, Dell hawks mobile health applications, revenue cycle management solutions, workflow assessments and remote hosting (the only option for ambulatory-care EHRs).
To learn more:
- read this press release
- check out Dell's healthcare applications