With the looming implementation of ICD-10, the healthcare industry sees a rise in technology consulting to ensure the smooth transition of its systems. ICD-10, a system utilized by healthcare companies to classify and code all diagnoses, symptoms, and procedures recorded in conjunction with hospital care in the US, is scheduled to begin use on October 1, 2013.
Businesses today struggle more and more with IT compliance demands that are required of them from all areas. The fact of the matter is that these demanding regulations are here to stay. The bright side is that accomplishing compliance goals are relatively straightforward and once they have been implemented effectively, they contribute in enhancing and enabling the business in a big way. The key is to understand what IT compliance can accomplish and how all its various areas can contribute to further enhancing and complementing business operations and reducing information related risks. The most notable benefits of having an IT governance strategy in place are not just to avoid fines and penalties but also to enhance and measure business performance.
Businesses both large and small are increasing the use of IT consulting firms that can provide them with personnel to help them establish and maintain video conferencing services. Indeed, this trend is so strong that industry experts expect to see at least a 10 percent growth in the use of services related to the use of live video communication in the business environment. This is remarkable considering that the growth rate in this sector was almost 20% during 2010, when businesses spent more than $225 million for services related to video conferencing.
IT solutions frequently provide multiple benefits simultaneously. When it comes to the adoption of video-conferencing technology in the healthcare sector, benefits include a better use of resources targeted toward training personnel as well as more available revenue from patient care activities.