by administrator on February 3, 2012, at 10:02 am
This is the first of a four-part series of monthly articles from Dr. Steven Jones posted on the subject of Problem Lists.
The series will cover the purpose and function of Problem Lists, the Development of a Patient’s Problem List over time, co-management throughout the continuum of care, and the Problem List as a driver of care.
We are posting these articles in the context of our on-going attempts to improve the design and usability of Problem Lists in MEDITECH’s system, and in an attempt to help our clients develop consensus on Problem List workflow within their institutions. Already, over the course of the last half of 2011, MEDITECH has held numerous focus group sessions involving dozens of participants including physicians, CMIOs, CIOs and hospital I.S. staff from around the country – on the subject of Problem List design and on the subject of charting from the Problem List. Although one might argue that these articles should have come before the focus group sessions in order to set tone and direction at the beginning, these articles nonetheless serve an important set of purposes:
Read part 1 of Dr. Jones Problem List series
by administrator on February 2, 2012, at 5:06 pm
Nathan Littauer has been chosen to host and teach at a gathering of national medical technologists at an upcoming MUSE International event. Littauer staff will be addressing pertinent issues affecting both clinical and financial operations relating to Medical Information Technology. Electronic medical records and MEDITECH is the standard most hospitals use in their medical information systems and it is used in health care organizations throughout the world. This enables health care providers to track a patient’s history and/or monitor ongoing treatment of chronic health problems. Providers are afforded immediate access to patients’ medical records, which can be used to devise treatments. Moshgan Jones, an International Board Member of MUSE International and Littauer’s Senior Clinical Analyst states, “Meetings like this allow us to exchange information and ideas from peers from around the nation.” She added, “It is all about better patient care.”
Read more.
by administrator on February 2, 2012, at 4:53 pm
The MEDITECH building in Freetown continues to inspire debate, including this excerpt from Mike Moran’s article:
Galvin called Meditech and its allies “crude,” “belligerent” and “uncooperative.” He characterized Neil Pappalardo, Meditech’s respected chairman, as a “mysterious fellow” and “a developer who doesn’t want to work with anybody.” I guess the secretary forgot about the other communities that have welcomed Meditech as a partner.
Read more: MIKE MORAN: Bite your tongue, Bill Galvin – Somerset, MA – Wicked Local Somerset http://www.heraldnews.com/news/x132492733/MIKE-MORAN-Bite-your-tongue-Bill-Galvin#ixzz1lGKG5bTm
More articles on this topic: GUEST OPINION: The state has a big stake in Meditech
I recently attended the public hearing of the Joint Committee on State Administration and Regulatory Oversight at the Statehouse. The hearing’s agenda was Senate Bill 2053, An Act relative to certain projects referred to the Massachusetts Historical Commission for consultation.
The Massachusetts Historical Commission (MHC) and many others testified. Listening to the people, it was clear that the argument centered around who said what and when they said it on the 21-acre, $65 million investment by Meditech at the Peace Haven site. Already, $2 million has been expended by Meditech for archeological, permitting and siting fees. If Meditech is denied this permit, then what? If not Meditech, then who can or will develop this site? If the Massachusetts Historical Commission imposes standards no developer will accept, is this not a taking of private land by the MHC? Has Secretary of State William Galvin considered the consequences of this?
Read more: GUEST OPINION: The state has a big stake in Meditech – Somerset, MA – Wicked Local Somerset http://www.heraldnews.com/newsnow/x1622349241/GUEST-OPINION-The-state-has-a-big-stake-in-Meditech#ixzz1lGLRjfL7
by administrator on February 2, 2012, at 11:51 am
Doctors Community Hospital (Lanham, Maryland)
Frankfort Regional Medical Center (Frankfort, Kentucky)
Habersham County Medical Center (Demorest, Georgia)
Hammond-Henry Hospital (Geneseo, Illinois)
Houston Healthcare (Warner Robins, Georgia)
Interior Health Authority (Kelowna, British Columbia)
Moore County Hospital District (Dumas, Texas)
Oakleaf Surgical Hospital (Eau Claire, Wisconsin)
Pattie A. Clay Regional Medical Center (Richmond, Kentucky)
Randolph Hospital (Asheboro, North Carolina)
St. Anthony Regional Hospital (Carroll, Iowa)
Unity Health Center (Shawnee, Oklahoma)
West Park Hospital (Cody, Wyoming)
Source: http://meditech.com/aboutmeditech/pages/golive4thq11.htm
by administrator on February 2, 2012, at 11:35 am
Northeastern Vermont Regional Hospital (St. Johnsbury, Vermont)
Wilson Memorial Hospital (Sidney, Ohio)
Wooster Community Hospital (Wooster, Ohio)
MEDITECH customers advancing to 6.0 Home Care solution:
Augusta Home Health and Hospice of the Shenandoah (Fishersville, Virginia)
Pardee Home Health (Hendersonville, North Carolina)
Wilson Home Health and Hospice (Sidney, Ohio)
Source: http://meditech.com/aboutmeditech/pages/60migrations4thq11.htm
by administrator on February 2, 2012, at 11:32 am
Boone County Hospital (Boone, IA)
Boone County Hospital has recently licensed MEDITECH’s fully integrated 6.0 EHR.
Harlingen Medical Center (Harlingen, TX)
Harlingen Medical Center has recently licensed MEDITECH’s fully integrated Client/Server EHR.
Hoboken University Medical Center (Hoboken, NJ)
Hoboken University Medical Center has recently licensed MEDITECH’s fully integrated 6.0 EHR.
Hospital General Menonita de Caguas (Caguas, PR)
Hospital General Menonita de Caguas (formerly San Juan Bautista Medical Center) has recently licensed MEDITECH’s fully integrated Client/Server EHR.
Howard County Medical Center (Saint Paul, NE)
Howard County Medical Center has recently licensed MEDITECH’s fully integrated 6.0 EHR.
NeuroMedical Center Surgical Hospital (Baton Rouge, LA)
NeuroMedical Center Surgical Hospital has recently licensed MEDITECH’s fully integrated 6.0 EHR.
MEDITECH is delighted to announce that the following sites have recently joined our Home Care community:
Boone County Home Care Services (Boone, IA)
Concerned Care (Montevideo, MN)
Fitzgibbon Home Health and Mary Montgomery Hospice (Marshall, MO)
Pennock Homecare and Hospice (Hastings, MI)
United Hospital District Hospice (Blue Earth, MN)
Source: http://meditech.com/aboutmeditech/pages/welcome4thq11.htm
by administrator on February 2, 2012, at 11:29 am
Educational Sessions at HIMSS Explore Our Latest Efforts and Plans
Customers, get a closer look at MEDITECH’s new solutions and initiatives in our educational sessions at HIMSS. Hear more about how we’re preparing you to meet some of today’s biggest challenges, including Meaningful Use, new healthcare models, interoperability, and ICD-10 compliance.
Sessions will be held in Exhibit Hall G/Meeting Place 29 at the Venetian Sands Expo Center. Seating is limited—register soon to ensure your spot.
Source: http://meditech.com/aboutmeditech/pages/news_upclose0212.htm
by administrator on February 2, 2012, at 11:25 am
For the complete revport, visit http://www.meditech.com/shareholder/2011q4tk.htm. Highlights below:
Medical Information Technology, Inc. (MEDITECH) was founded in 1969 to develop, manufacture, license and support computer software products for the hospital market. For 2011 on a consolidated basis combined product and service revenue was $545.2M, operating income was $183.0M and net income was $124.0M. Product bookings were $309.8M and the resultant year-end product backlog was $338.1M. By year-end MEDITECH had 3,845 staff members, and over 2,400 active hospital sites throughout the United States, Canada and the United Kingdom.
At December 31, 2011, there were 1,971 shareholders of record of MEDITECH’s common stock and 36,541,348 shares outstanding.
MEDITECH has paid quarterly cash dividends continuously since 1980. Dividends paid per share during the last five years are set forth within the table in Item 6.
Item 6 – Selected Financial Data
MEDITECH’s financial statements are presented on a consolidated basis in this 10-K. The results include the effect of the 2nd quarter 2007 acquisition of PtCT and the 1st quarter 2011 acquisition of LSS. Selected financial data for the past 5 years ended December 31 are as follows:
Item 7 – Management’s Discussion and Analysis of Operating Results and Financial Condition
Comparison of Fiscal Years ended December 31, 2010 and 2011:
Total revenue from both existing and new customers increased $86.1 million or 18.8% from $459.1 million in 2010 to $545.2 million in 2011. It was composed of $61.5 million in additional product revenue and $24.6 million in additional service revenue.
Operating expenses increased $57.9 million or 19.0% from $304.3 million in 2010 to $362.2 million in 2011 due primarily to additional staff and bookings related costs. The resultant operating income increased $28.2 million or 18.2% from $154.8 million in 2010 to $183.0 million in 2011.
Other income decreased $5.8 million due primarily to investment gains in the prior period. Other expense increased slightly. The resultant pretax income increased $22.3 million or 13.2% from $169.6 million in 2010 to $191.9 million in 2011.
MEDITECH’s effective tax rate decreased from 35.8% in 2010 to 35.4% in 2011 due primarily to changes in tax related reserves. The resultant net income increased $15.2 million or 13.9% from $108.8 million in 2010 to $124.0 million in 2011.
by administrator on February 2, 2012, at 4:08 am
Technology will be playing a bigger role in patient care than ever before.
Healthcare professionals and their related associates have been mandated by the federal government to abide by “meaningful use” of electronic medical records (EMR) by the end of 2014.
EMR is the electronic version of the paper medical record. Information about a patient’s medical history such as physician visits, prescriptions, hospitalizations, procedures performed and lab results are contained in an electronic format.
It ultimately would be available to the patient’s coordinating practitioners as well as the patient by accessing the Internet.
Read more.
by administrator on January 31, 2012, at 2:37 pm
Spending New Year’s Eve supporting a Meditech go-live is not exactly how most people define fun, but it is how many at our hospital spent transitioning from 2011 to 2012. I heard someone state, “Wow, this go-live is just like Y2K; a non-event.”
What most CIOs will tell you is that the main reason Y2K was such a “non-event” is that the amount of work behind the scenes was like a Cecil B. DeMille production — comprising a cast of thousands that put in long hard hours making it a non-event. The same is true for our 6.6 go-live. The cast was not made up of thousands, but definitely hundreds put in countless hours and made it a major success. In the opinion of our Meditech representative, it was a 9 out of 10, and their best to date.
Read more at healthsystemCIO.com.
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