Practice Fusion recently announced a free EMR for private practice physicians by permitting pharmaceutical companies to advertise within the EMR and on the web-based patient portal.
Concerns of a conflict of interest and of patient privacy has caused many practices to think twice before jumping in.
Copy of recent press release:
Practice Fusion, Inc. to provide on-demand services to the healthcare industry.
San Francisco, CA, August 29th, 2006 – Practice Fusion, Inc., today announced its official company launch as a leading provider of on-demand solutions and services to the healthcare industry. Headquartered in San Francisco, California, Practice Fusion offers the healthcare IT industry integrated, on-demand solutions that streamline costly and inefficient manual processes between physicians, patients and healthcare groups associated with claims adjudication, eligibilities, authorizations and sharing medical records. The company’s mission is to empower providers to deliver the highest quality of care to their patients by creating solutions that enable seamless collaboration across the entire healthcare industry.
“Today, the entire healthcare industry is forced to pay tremendous upfront licensing fees while having drawn out implementations,” said Chief Executive Officer Ryan Howard. “Current vendors continue to deliver software in an antiquated enterprise model. These solutions force healthcare groups to saddle costly and complex implementations of hardware, software, databases, connectivity and integration. Customers are required to pay licensing fees, as well as consulting, training, support and maintenance, resulting in multimillion dollar installations, which can take years to implement. According to Gartner, more than half of all new enterprise systems have failed completely, healthcare groups today are left with no guarantee of return on their investment.”
Practice Fusion enables healthcare groups to create health information organizations to integrate and collaborate with their physician and patient communities. Practice Fusion’s services are on-demand, requiring no on-site software installation, eliminating the hassles of installing and supporting software, hardware, databases and connectivity. The service is completely integrated with practices and patients, enabling healthcare groups to collaborate with their community without the costs and complexities of drawn out integration projects.
Built on a service-oriented-architecture, Practice Fusion can easily integrate into healthcare groups current legacy systems, allowing them to retain their current investments. Practice Fusion natively incorporates security, HIPAA/HL7 compliance, data synchronization, reporting and analysis. The platform also provides a unified patient record, enabling physicians to access critical patient information from any location, as well as access and share records with the entire provider community. Delivered in a software-as-a-service (SaaS) subscription model, as a web-based service, Practice Fusion enables healthcare groups to pay for usage, not software, hardware and integration.
“We are pleased to offer healthcare groups a faster, more efficient way to collaborate with their physician and patient communities. Practice Fusion has distinguished itself from other vendors by providing on-demand services to healthcare groups, physicians and patients, integrating all aspects of the healthcare cycle,” said Chief Operating Officer Alan Wong. “The end result is that physicians will be able to focus more time on their patients and less time on managing their practices. Healthcare groups will also be empowered to eliminate cumbersome administrative tasks, allowing them to better serve their physicians and patients, while lowering their bottom line.”
About Practice Fusion.
Headquartered in San Francisco, California, Practice Fusion addresses the complexities and critical needs of today’s healthcare environments by proving a revolutionary application and delivery model for physicians and patients at no cost. Practice Fusion offers an integrated, on-demand healthcare platform delivered in a software-as-a-service model. Practice Fusion’s services require no on-site software installation, eliminating the complexities of licensing, implementing and supporting traditional enterprise software solutions. Practice Fusion removes the need for integration, hardware and software for physicians, dramatically reducing cost and complexity, while enabling providers to deliver the highest level of care possible to their patients.
Practice Fusion recently announced a free EMR for private practice physicians by permitting pharmaceutical companies to advertise within the EMR and on the web-based patient portal.
Concerns of a conflict of interest and of patient privacy has caused many practices to think twice before jumping in.
Copy of recent press release:
Practice Fusion, Inc. to provide on-demand services to the healthcare industry.
San Francisco, CA, August 29th, 2006 – Practice Fusion, Inc., today announced its official company launch as a leading provider of on-demand solutions and services to the healthcare industry. Headquartered in San Francisco, California, Practice Fusion offers the healthcare IT industry integrated, on-demand solutions that streamline costly and inefficient manual processes between physicians, patients and healthcare groups associated with claims adjudication, eligibilities, authorizations and sharing medical records. The company’s mission is to empower providers to deliver the highest quality of care to their patients by creating solutions that enable seamless collaboration across the entire healthcare industry.
“Today, the entire healthcare industry is forced to pay tremendous upfront licensing fees while having drawn out implementations,” said Chief Executive Officer Ryan Howard. “Current vendors continue to deliver software in an antiquated enterprise model. These solutions force healthcare groups to saddle costly and complex implementations of hardware, software, databases, connectivity and integration. Customers are required to pay licensing fees, as well as consulting, training, support and maintenance, resulting in multimillion dollar installations, which can take years to implement. According to Gartner, more than half of all new enterprise systems have failed completely, healthcare groups today are left with no guarantee of return on their investment.”
Practice Fusion enables healthcare groups to create health information organizations to integrate and collaborate with their physician and patient communities. Practice Fusion’s services are on-demand, requiring no on-site software installation, eliminating the hassles of installing and supporting software, hardware, databases and connectivity. The service is completely integrated with practices and patients, enabling healthcare groups to collaborate with their community without the costs and complexities of drawn out integration projects.
Built on a service-oriented-architecture, Practice Fusion can easily integrate into healthcare groups current legacy systems, allowing them to retain their current investments. Practice Fusion natively incorporates security, HIPAA/HL7 compliance, data synchronization, reporting and analysis. The platform also provides a unified patient record, enabling physicians to access critical patient information from any location, as well as access and share records with the entire provider community. Delivered in a software-as-a-service (SaaS) subscription model, as a web-based service, Practice Fusion enables healthcare groups to pay for usage, not software, hardware and integration.
“We are pleased to offer healthcare groups a faster, more efficient way to collaborate with their physician and patient communities. Practice Fusion has distinguished itself from other vendors by providing on-demand services to healthcare groups, physicians and patients, integrating all aspects of the healthcare cycle,” said Chief Operating Officer Alan Wong. “The end result is that physicians will be able to focus more time on their patients and less time on managing their practices. Healthcare groups will also be empowered to eliminate cumbersome administrative tasks, allowing them to better serve their physicians and patients, while lowering their bottom line.”
About Practice Fusion.
Headquartered in San Francisco, California, Practice Fusion addresses the complexities and critical needs of today’s healthcare environments by proving a revolutionary application and delivery model for physicians and patients at no cost. Practice Fusion offers an integrated, on-demand healthcare platform delivered in a software-as-a-service model. Practice Fusion’s services require no on-site software installation, eliminating the complexities of licensing, implementing and supporting traditional enterprise software solutions. Practice Fusion removes the need for integration, hardware and software for physicians, dramatically reducing cost and complexity, while enabling providers to deliver the highest level of care possible to their patients.
