Even if you're a big RHIO fan, these results must be a bit daunting. According to a new survey, almost one in four of 145 RHIOs dating back to last year have closed. Meanwhile, only 20 of the programs have actually gotten to the point of sharing health data, according to the study, which was published last week in the journal Health Affairs. The study, which was conducted by Harvard researchers, found that only 5 percent of RHIOs had posted a profit, while 40 percent rely on grants. Not only that, researchers concluded that RHIOs will need even more funding if they're to stay viable.
To find out more about the survey:
- read this Modern Healthcare piece [1] (reg. req.)
Related Articles:
Report questions RHIO business model. Report [2]
Study: RHIOs grow slowly, rely on grants. Report [3]
Study: RHIOs/HIEs back by states will win. Report [4]
Long-lived CA RHIO shuts down. Report [5]
A solution for RHIO privacy issues: EHR/EMR "banking." Editorial [6]
Philly RHIO users visit competing providers. Report [7]
Links:
[1] http://www.modernhealthcare.com/apps/pbcs.dll/article?AID=/20071211/REG/312110024/0/FRONTPAGE
[2] http://www.fiercehealthcare.com/story/report-questions-rhio-business-model/2006-05-05
[3] http://www.fiercehealthit.com/story/study-rhios-grows-slowly-rely-grants/2007-09-10
[4] http://www.fiercehealthit.com/story/study-rhios-hies-backed-states-will-win/2007-08-27
[5] http://www.fiercehealthit.com/story/long-lived-ca-rhio-shuts-down/2007-03-12?utm_source=related&utm_medium=internal
[6] http://www.fiercehealthit.com/story/editor-s-corner/2007-02-20
[7] http://www.fiercehealthit.com/story/philly-rhio-users-visit-competing-providers/2006-12-18