Capsite News

Prospects Improve for Radiology PACS Replacement Market

Fri, 11 Mar 2011 00:00:00 -0500

As featured in Aunt Minnie:

With an installed base of equipment that is increasingly long in the tooth, the radiology PACS replacement market appears ready for a pickup in purchasing over the next two years, according to a new report from healthcare technology research and advisory firm CapSite. But the picture is different for the more fledgling cardiology PACS replacement sector. Read the full story.

Study Finds Loyal Users of Teleradiology

Fri, 11 Mar 2011 00:00:00 -0500

As featured in Aunt Minnie:

Radiology groups that use teleradiology tend to be loyal customers, reporting high levels of satisfaction and lasting relationships with their service provider, according to a new report from healthcare technology research and advisory firm CapSite. Read the full story.

PACS Replacement Study Shows Significant Market Up Tick

Fri, 11 Mar 2011 00:00:00 -0500

As featured in Health Imaging Hub:

A new industry study shows that 52 percent of the radiology picture archiving and communications systems (PACS) in use within hospitals today are more than five years old and 21 percent of U.S. Hospitals plan to replace their radiology PACS. Read the full story.

AHA Solutions Announces New Strategic Alliance with CapSite

Thu, 17 Feb 2011 00:00:00 -0500

Chicago, IL, February 17, 2011 – AHA Solutions, Inc., a subsidiary of the American Hospital Association (AHA), announced today a new alliance with CapSite, a health care technology research and advisory firm. CapSite provides data services and information to health care providers to allow them to make more informed, strategic purchasing decisions. AHA Solutions is actively focused on improving the operational performance of the nation’s hospitals, providing them with field leadership, education and research. The alliance with CapSite provides additional resources to hospital leaders seeking solutions to their operational challenges.

For hospital executives looking to evaluate a variety of technology solutions, CapSite can be an invaluable and unique resource. Hospital executives can access in-depth due diligence and Request for Proposal (RFP) information from hundreds of vendors and solution providers, all provided by an objective source. Because AHA Solutions is uniquely positioned in understanding the needs of the health care provider community and focuses on finding ways to help health care providers improve operations and patient care, they have entered into an agreement to expand awareness of the CapSite Services to AHA members and other health care providers.

“The research phase is a critical step in any significant capital expenditure,” said Anthony Burke, President and CEO of AHA Solutions. “With high quality and breadth of research, the data that CapSite has amassed and optimized will bring capital projects to the next level very quickly and efficiently. We have been charged by our members to provide tools and resources that will help them achieve operational excellence. In fact, CapSite answers that call with a robust database providing comprehensive information while saving hospitals time and effort.”

CapSite’s database is easily searchable, facilitating searches by factors such as date range, facility size, etc. CapSite provides subscribing providers with current information about the availability of new products and services for the health care marketplace. It offers detailed, fact-based data to make prudent, informed capital expenditure decisions.

According to Deborah Gash, VP & CIO of Saint Luke’s Health System of Kansas City, MO, “Our organization has found immediate benefit from leveraging the CapSite service. It provides valuable information about health care technology products, cost and contract language that has aided in product selection and contracting. Well worth the investment!”

Lianne Stevens, VP of Information Technology/CIO of The Nebraska Medical Center, says, “The Nebraska Medical Center has found CapSite to be an effective source for market intelligence on non-commodity technology solution purchases. CapSite is a now a component of the due diligence process used by our organization to make informed capital budgeting and expenditure decisions.”

Gino Johnson, Sr. VP and GM of CapSite noted, “We are very pleased to have an opportunity to partner with AHA Solutions and enable the AHA membership to take advantage of the unique transparency that CapSite provides. Hospitals are operating in a very dynamic environment today with evolving reimbursement models, increasing pressure on margins and rapid advances in health care technology. CapSite provides detailed insight to assist hospitals in making informed health care technology decisions.”

Johnson continued, “The American Recovery and Reinvestment Act of 2009 (ARRA) and HITECH Act represent significant opportunities for AHA members to adopt Healthcare IT (HIT) and CapSite is uniquely positioned to assist AHA members in their Electronic Health Record (EHR) and Health Information Exchange (HIE) adoption strategy.”

Additional CapSite information is available on AHA Solutions’ website at www.aha-solutions.org or CapSite’s website at www.capsite.com.

About AHA

The American Hospital Association is a not-for-profit association of health care provider organizations and individuals committed to the health improvement of their communities. The AHA is the national advocate for its members, which includes nearly 5,000 hospitals and health care systems, networks, and other providers of care, and 37,000 individuals. Founded in 1898, the AHA provides education for health care leaders and is a source of information on health care issues and trends. For more information, visit www.aha.org.

About AHA Solutions

AHA Solutions, Inc is a resource to hospitals pursuing operational excellence. As an American Hospital Association (AHA) member service, AHA Solutions collaborates with hospital leaders and market consultants to conduct product due diligence and identify solutions to hospital challenges in the areas of finance, human resources, patient flow and technology. AHA Solutions provides related marketplace analytics and education to support product decision-making. As a subsidiary of the AHA, the organization convenes people with like interests for knowledge sharing centered on timely information and research. AHA Solutions is proud to reinvest its profits in the AHA mission: creating healthier communities. For more information, contact AHA Solutions at (800) 242-4677 or visit www.aha-solutions.org.

About CapSite
CapSite is a health care technology research and advisory firm. Their mission is to help health care providers and vendors make more informed strategic decisions that will enable them to accelerate the growth of their business through the use of CapSite™ data and consulting services. CapSite™ data is available through our trusted, easy to use online database, providing critical knowledge and evidence based information on health care technology purchases. The CapSite™ database provides detailed pricing and packaging transparency across more than 120 health care technology categories and 800 vendors. For more information, please visit www.capsite.com.

About Saint Luke's Health System
Saint Luke's Health System consists of 11 area hospitals and several primary and specialty care practices, and provides a range of inpatient, outpatient, and home care services. For more information, visit www.saintlukeshealthsystem.org.

About The Nebraska Medical Center

The Nebraska Medical Center is known for excellence, innovation and quality patient care. As the teaching hospital for the University of Nebraska’s health sciences programs, this 624 acute-care bed facility is Nebraska’s largest health care facility – with more than 4,900 employees and more than 1,000 physicians on staff. For more information, visit www.nebraskamed.com.

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MEDIA CONTACTS:

Matthew Fenwick, Senior Associate Director Media Relations

AHA

312-422-2820

mfenwick@aha.org

CapSite Contact Information:

Leela Hauser, Marketing

802-922-9961

leela.hauser@capsite.com

CapSite Unveils Killer App Database to Hospitals

Thu, 20 May 2010 00:00:00 -0400

CapSite™ has launched an online database that provides extraordinarily detailed comparisons of healthcare technology contracts and proposals.

The CapSite™ database contains data points across more than 90 different healthcare technology categories. CapSite™ offers a unique level of depth by breaking out line item pricing for each product and service. Components are additionally categorized into a breakdown of software, hardware, equipment and services for each purchase or proposal. Relevant data points are easily compared and can be searched for by date range, facility size, product category or by vendor to enable peer group benchmarking.

"Imagine a scenario: You've got a health care provider organization that is in the budgetary planning phase for a new CT, MR, electronic health record; or negotiations for a new PACS. This tool can help in planning, budgeting and negotiating," said Gino Johnson, VP at CapSite Consulting.

Johnson walked DOTmed News through an online demo of the system.

"You put in hospital parameters, for example, a 500-bed institution. Apply that filter and it recasts the graphs, average prices, and list of documents," Johnson said. "What we have is a service that provides additional levels of capabilities to do due diligence before they make that [purchase] plan, or in their budget or negotiating for that solution. We take all the data and they can benchmark the components, software, hardware, and services."

With the HITECH Act of the ARRA driving the adoption of Healthcare IT, including Electronic Health Records (EHR) and Health Information Exchange (HIE), CapSite™ is uniquely positioned to provide transparency on healthcare technology purchases. By providing critical knowledge and evidence-based information on healthcare technology purchases, CapSite™ aims to help healthcare vendors and providers make intelligent, informed decisions with confidence.

"We are providing pricing transparency that just doesn't exist, whether in HIE or EHR," Johnson said noting some of the most significant domains of health IT data. "It's a level of detail that we don't believe has been available in the market up to this point. And we are very pleased with the traction we are getting both from the supplier/vendor side over the last year, and in the feedback we are getting in the provider space as well."

About CapSite™
CapSite™ is a healthcare technology research and advisory firm. Our mission is to help our healthcare vendor and provider clients make more informed strategic decisions that enable them to accelerate the growth of their business.

The CapSite™ database is the trusted, easy-to-use online resource, providing critical knowledge and evidence-based information on healthcare technology purchases. CapSite™ provides detailed transparency on healthcare technology positioning, pricing, packaging, and terms and conditions. When it comes to healthcare technology research, it helps to see all the details. Those details are now available with CapSite™. Visit capsite.com.

View this story on DOTmed News: http://www.dotmed.com/news/story/12755/