The HIMSS15 Experience

Last week, iPayX attended the annual HIMSS15 conference and exhibition in Chicago, along with over 40,000 health IT professionals.  HIMSS15 offers a very engaging, interactive opportunity to learn, observe and absorb new, innovative ideas from experts in healthcare technology.  Its an exciting time in Healthcare right now because so much is changing  with how services are delivered and the business model surrounding it. This conference shines a huge spotlight on ways technology is propelling  the multi-faceted, complex healthcare industry towards bigger and better things.

Here are the highlights of our HIMSS15 Experience:

Making the Connection

The brochure stated "over 1200 vendor exhibits", but the exhibition floor that spanned the equivalent of 12 football fields was actually host to 1300+ vendor booths.  I've attended a couple of these conferences in past years, but memory did not give justice to the true enormity of this event.  

Our goal as attendees was to make connections.

Connect with other attendees, visitors and educators to gain insight and develop new ideas.  

Connect the value of our solutions to the overarching pain points across the industry.

Connect the educational material to the reality of how things work today. 

And here's what we learned:

  • EMR/EHR Software is offered by over 300 Vendors in the marketplace now, but many are lacking the full capabilities that providers need to meet Meaningful Use requirements.  Patient Engagement is the big issue at play and finding the right tools to foster a better connection between the patient and provider is the key. Healthcare providers looking to upgrade their EMR systems will want to invest in a robust solution; One that can improve work flow efficiency and reduce costs.  

 iPayX ePayment Solutions can integrate at high levels, to expand functionality and enhance the value of an EMR/EHR Software platform.

  • The major global issues circulating healthcare right now relate to cost, quality and the coordination of care.  These issues impact every constituent within the healthcare community, from provider, to patient and all things in between.  Telehealth, Kiosks and Mobile Apps are prime examples of leveraging technology to connect patients more directly with their healthcare experience.  These methods are more cost-effective and engaging for the modern patient population and may best serve the complicated needs of the provider segment.

 iPayX ePayment Solutions help providers capture more money, faster and through self-service tools that reduce the cost of payment acceptance.

 

  • A shift in the reimbursement model is swiftly approaching a turning point.  The patient self-pay receivable is a large portion of a providers' reimbursement, larger than it's ever been thanks to rising deductibles and changes to health coverage plans.  The amount collected from patients represents a significant chunk of provider revenue and continues to grow.  Healthcare systems designed to manage insurance payments as the main source of reimbursement are challenged with the complexities of this growing self-pay revenue stream.  Many are finding that their simplistic approach to collecting patient payments needs to be expanded and improved.

iPayX builds virtual payment systems that help providers capture patient receivables from anywhere, at anytime, from any device.

 

The common denominator that I see in much of the newer technology and services aimed at solving for these issues, is their ability to make connections.  Patient Engagement, Cost Transparency, Interoperability, Telehealth - each introduce ways for connecting various aspects and components within the healthcare landscape.  

How is your organization connecting to the new changes in healthcare?  

 

  •  iPayX offers a comprehensive online payment service with user-centric features that can integrate at varying levels with existing software to improve overall performance.  In addition to payment & billing tools, iPayX provides a Pure and Simple merchant processing solution that can reduce costs of payment acceptance with a simple, fixed rate pricing model.  Collectively, these services deliver savings that go straight to your bottom line.
  • Receive regular updates from iPayX, delivered straight to your inbox.

About us

iPayX (Internet Payment Exchange, Inc.) provides payment systems, electronic document delivery, and associated customer service solutions that complement and maximize a company’s internal systems and resources. Our technology services are found in hundreds of businesses including healthcare providers, utility companies, wholesale distributors, municipal governments, service providers and other organizations in 47 states. We annually process over a billion dollars in electronic payments.

Contact

We move money to you at 'net speed.

Internet Payment Exchange, Inc.
1946 N 13th St.
Ste 392
Toledo, OH 43604 USA
Phone: (800) 530-7004
Fax: (419) 730-7095

 

Drupal 7 Appliance - Powered by TurnKey Linux