News and Events

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Stratum Med Announces Partnership with Healthcare Payments Provider CommerceHealthcare

August 28, 2020 |

News

Stratum Med is committed to continually working to find ways to deliver value to our Shareholders and Clients. One of the ways we do this is by introducing our members to Industry providers who deliver meaningful results. We are pleased to announce a new preferred partner – a team of healthcare finance experts who are ...Read More

Stratum Shareholder COVID-19 Response: Illinois RapidVent

April 13, 2020 |

News

Researchers at the University of Illinois, including tech-based companies like TekMill and Carle, one of Stratum’s Shareholders, have developed a new prototype, called the Illinois RapidVent emergency ventilator in the wake of the COVID-19 pandemic. A nationwide shortage of commercial ventilators sparked inspiration for this project, which was reportedly developed in less than a week. ...Read More

CMS to build central repository to help with meaningful use public health reporting

September 20, 2016 |

News

“The Centers for Medicare and Medicaid Services is launching a central data repository for public health agency and clinical data registry reporting. The database, set to be completed by 2017, will help practices and hospitals meet meaningful use requirements for public health reporting, pointing them toward agencies and registries able to accept electronic public health ...Read More

First Total Knee Replacement Procedure at Springfield Clinic’s Ambulatory Surgery Center

September 19, 2016 |

Industry News

” It was a landmark day today at Springfield Clinic’s Ambulatory Surgery & Endoscopy Center (ASC). Brett Wolters, MD, a Springfield Clinic Orthopedic Surgeon, completed the first total knee replacement surgery this morning on a patient named Carolyn. Springfield Clinic team members made up of  ASC nurses, Rehabilitation Services and Orthopedics helped to ease Carolyn’s recovery. The ...Read More

Influential healthcare leaders set principles for patient-centered care

September 1, 2016 |

Industry News

“When the Valley Hospital in New Jersey started to think seriously about putting its customers at the center of all that it did, patient volunteers were brought in on discussions about workflow, how patient forms should be designed and nearly everything else that came to mind. Pamela Bell, director of patient family-centered care at the ...Read More

As telemedicine takes root, there’s a growing need to train physicians on how to handle virtual visits with patients and develop a good ‘webside manner’

August 31, 2016 |

Industry News

“When Kaiser Permanente’s emergency room wait times began rising three years ago, Dr. Dennis Truong and a colleague launched a telemedicine program to provide faster access to care for their patients. At the time, there weren’t many training programs for telemedicine or for developing good “webside” manner, which can greatly improve patients’ adherence to treatment. ...Read More

What to know about Medicare’s big bundled-payment expansion

August 25, 2016 |

Industry News

“A new mandatory program the CMS proposed Monday would make hospitals in 98 markets financially accountable for the cost and quality of all care associated with bypass surgery and heart attacks. “We think it’s important to keep pushing forward on delivery system reform,” Dr. Patrick Conway, acting principal deputy administrator and chief medical officer for ...Read More

4 ways hospitals tackle physician burnout

August 23, 2016 |

Industry News

“Burnout is a persistent problem in the healthcare field, but doctors say hospitals haven’t done enough to address the issue. Now, however, some organizations are finally taking action. Physicians are especially susceptible to burnout due to the expectation that they promote a “myth of invulnerability,” according to Modern Medicine Network. This starts during the education process, according to ...Read More

Salaries fall for nurses and executives while doctors and health IT pros pay rises

August 17, 2016 |

Industry News

“Healthcare executives saw salaries decrease during the last year, even though pay for doctors and physician assistants rose. The good news for healthcare IT professionals? Their salaries also expanded…” Read full article

Centers for Medicare and Medicaid Services adjusts payment policies for inpatient rehab, skilled nursing and hospice

August 9, 2016 |

Industry News

“The Centers for Medicare and Medicaid Services announced a number of payment and policy changes last week, addressing Medicare inpatient rehabilitation facilities, hospice benefit and skilled nursing facilities. CMS is updating the inpatient rehab facilities prospective payment system payments for fiscal year 2017 to reflect an estimated 1.65 percent increase factor. That’s based on an IRF-specific ...Read More

Doctor devises new database methodology to thwart hackers and end big data breaches

August 4, 2016 |

Industry News

“Longtime healthcare and technology veteran William Yasnoff, MD, has created a personal grid tactic for tuning relational databases to make it harder for hackers to steal large sets of medical records…” Read full article.

Justice Department Moves To Block 2 Big Health Insurance Mergers

August 2, 2016 |

Industry News

“The Justice Department is suing to block two proposed mergers between major health insurance companies, saying the deals violate antitrust laws and would lead to higher health care costs for Americans…” Read full article.