In This Report
Throughout TripleTree’s 15 year history working alongside innovative healthcare IT and services companies, there has never been a more pronounced period of transformation and change across the U.S. healthcare system. Facing a tidal wave of declining revenue, coupled with increased government, payer, and consumer scrutiny, providers are grappling with the challenge of enhancing outcomes while reducing costs. Threaded through all of this is the American Recovery and Reinvestment Act (ARRA), which authorizes the outlay of billions of dollars between 2011-2016 principally to reward providers for achieving “Meaningful Use” milestones that are largely tied to the adoption of Electronic Health Records (EHR) systems.
Thanks to these Meaningful Use incentives, provider adoption of EHR software has skyrocketed. However, while billions of dollars have been committed to EHR implementations, the jury is still out in terms of assessing the level of business and clinical benefit associatedwith these disruptive software deployments. Whether measured in enhanced patient outcomes, reduction of operating expenses, or preparedness for new healthcare business models such as ACOs, most believe the results have been difficult to quantify thus far. As a result, there is still a mountain of opportunity for business builders focused on helping providers cross the chasm of preparation for a new way of delivering care and conducting business.