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Belitsoft Blog for Entrepreneurs

Speech Recognition Software in Healthcare

The medical speech recognition software market size is estimated to grow at a CAGR of more than 11% over the next five years, according to various software market trend research reports, providing an opportunity for medical technology startups, especially cloud-based ones focused on North America. The potential of advanced AI, machine learning, and NLP to decrease the manual effort required for healthcare documentation, reduce associated costs and eliminate barriers to making more profit for health organizations are key factors driving market growth. Today, it is hard to distinguish medical transcription software from healthcare speech recognition software because they have essentially become the same, especially for tasks where real-time AI-based speech recognition and transcription are employed, with direct inputs into EHRs and other systems, as well as automatic coding. However, in general, transcription is often considered a subset of speech recognition.

Dzmitry Garbar • 4 min read

Modern Clinical Decision Support Software: AI-Based and Analytics-Rich

Modern clinical decision support software speeds up the documentation and adds quality, immediately showing the value. According to some forecast reports, the clinical decision support software market is expected to grow significantly (CAGR of more than 15%). North America dominates this market. It's an opportunity for healthtech startups. For example, the AI-based clinical insights platform Regard startup raised $76.3M in funding, while Etiometry has got $24.6M for its analytics-rich critical care decision-support platform. This type of software integrates patient data and then provides insights for diagnosis and treatment.

Dzmitry Garbar • 6 min read

Custom LLM Case Study: Healthcare (Innovaccer, Unicorn)

Custom LLM Case Study: Innovaccer (Healthcare)

SaaS enterprises adopt custom Gen AI. Innovaccer is an example of an enterprise SaaS company that chose a product diversification strategy by introducing its own proprietary LLM models instead of using ChatGPT. They have been training the model on data prepared by Innovaccer’s team and hosting it on servers controlled by Innovaccer. By 2027, most GenAI models used by enterprises will be industry- or function-specific, predicts Gartner. This means an increasing number of custom LLMs will be trained on proprietary data and hosted on servers controlled by enterprises.

Dmitry Baraishuk • 5 min read

Medical Claims Management Software Development

There are many packaged solutions for claims management. However, custom-built software solution some better suits needs for some organizations. When a custom claims management system is necessary and what factors to consider in choosing the right development company to build it?

Dzmitry Garbar • 13 min read

AI Medical Coding Software

The AI medical coding market is a high-growth industry, with a CAGR of up to 14% over the next five years, according to various software market trend reports. This indicates growing interest in this niche among buyers (physician groups, health systems, billing and coding companies), investors, and medical technology startups.

Dzmitry Garbar • 10 min read

Healthcare Claims Data Analytics Software

Healthcare Claims Analytics is widely used for claims denial management by large health systems that operate across dozens of locations in multiple states, serve hundreds of beds, employ tens of thousands of staff, and provide hundreds of thousands of outpatient visits. They report that improved analytics have helped them achieve impressive savings, sometimes within just a few months, in both recurring and annualized recurring benefits as a direct result of denials reduction. What steps do organizations take to achieve such results?

Alexander Suhov • 4 min read

EHR Integration Services

We use APIs with advanced read and write capabilities to sync in real time, bidirectionally, with health record systems for both common and custom use cases that vendors, providers, and payers need.

Alexander Suhov • 2 min read

Ambient AI Scribe | AI Medical Scribe

AI scribes are the leading generative AI use case in healthcare right now. The market is evolving rapidly. The number of AI scribe products is growing. There are over 50 such startups in the healthcare niche. Modern AI scribes are often EHR-integrated solutions rather than standalone apps. In the near future, AI scribes will probably become standard features within major EHR vendors. The most accurate AI scribes are trained on medical data and do not use ChatGPT. Some are tailored for specific specialties and settings beyond primary care. The term 'scribe' gradually transforms into "copilot", capable of clinical summarization (pre-charting), orders and referrals, coding for billing, patient summaries in multiple languages, discrete data capture, and clinical decision support linked to evidence-based resources.

Dzmitry Garbar • 4 min read

Patient Portal Software Development

The global patient portal software market faces an unprecedented growth rate of almost 20% CAGR over the next five years. More and more healthcare facilities adopt cloud-based patient portals with mobile or web-based applications to comply with government initiatives, especially in countries like the United States and Canada. The patient portal market is fragmented, with some major players like Epic’s MyChart.

Dzmitry Garbar • 6 min read

How to Build an EHR system or Custom EHR

EHRs exist to organize data for legal compliance and facilitate billing processes. Our company customize and upgrade existing EHR systems and create new ones. We have experience developing EHR startups. B2B companies with popular EHR products often come to us. Their users, usually clinic chains, want our clients to improve specific parts for them. Our EHR developers solve all technical tasks, like we did for this EHR client or for this one (a health tech company supported by the U.S. government). Sometimes we even fully update old backends for EHR systems, making our clients' businesses safer and stronger, like we did here.

Dzmitry Garbar • 17 min read

Healthcare Business Intelligence

The healthcare business intelligence software market is experiencing explosive growth (some analysts even predict up to a 25% CAGR over the next 5 years) and a second wind due to technological advancements related to the implementation of generative AI capabilities. The level of self-service in BI tools is becoming so high that users need very little technical knowledge to obtain complex, high-quality data for decision-making.

Dmitry Baraishuk • 15 min read

Patient Access API, Payer-to-Payer API and Prior Authorization API

The Patient Access API is mandated in the CMS Interoperability and Prior Authorization Final Rule (CMS-0057-F). It expands previous data sharing policies (CMS-9115-F, 2020) and requires payers to make claim details and encounters, clinical and laboratory data, and prior-authorization data accessible through a secure FHIR-based API for patients in real-time via health applications of their choice. Impacted organizations include Medicare Advantage organizations, Medicaid managed care plans, Children’s Health Insurance Program managed care entities, State Medicaid and CHIP Fee-for-Service programs, and Qualified Health Plan issuers on the Federally Facilitated Exchanges. By January 1, 2026, they must report to CMS on metrics related to Patient Access API usage like the total number of unique patients who access their data and the frequency. Starting January 1, 2027, the Patient Access API must include prior authorization data (e.g., status, approval/denial dates, denial reasons) for patients to view.

Dzmitry Garbar • 4 min read

FHIR App Development

Let’s take a look at how FHIR’s transformative technology inspires many applications to emerge on a global scale.

Dzmitry Garbar • 8 min read

EHR Use Cases

EHR use cases are the type of requirements used to define modules that are expected in the EHR system. These may include registration, inpatient, outpatient, referrals, pharmacy, laboratory, specialized clinics, billing, financial information management, human resources, logistics, and so on. What type of use cases do you need?

Dzmitry Garbar • 12 min read

Care Management Analytics for ACOs to Reduce Costs by Millions of Dollars

Care Management Analytics tools are in high demand by large Accountable Care Organizations (ACOs) that coordinate dozens of hospitals, hundreds of patient care sites, and hundreds of thousands of insured lives across Medicare, ACA exchange, Medicaid, commercial, and direct-to-employer lines of business. They report significant reductions in annual spending for Medicare patients, in hospital readmissions and lengths of stay (LOS), as well as improvements in care coordination for super-utilizers, who usually consume a disproportionate share of healthcare resources.

Alexander Suhov • 5 min read

Custom Medical Transcription Software Development

According to estimates, the growth of the medical transcription software market will exceed an annual CAGR of 15% during the next decade. North America will dominate the market with cloud-based web solutions. This growing segment is attractive for healthtech startups. Today, it is hard to distinguish medical transcription software from healthcare speech recognition software because they have essentially become the same, especially for tasks where real-time AI-based voice recognition and transcription are employed, with direct inputs into EHRs and other systems, as well as automatic coding. However, in general, transcription is often considered a subset of speech recognition.

Alex Shestel • less 1 min read

Healthcare Performance Analytics Drives Revenue Growth by Tens of Millions

Performance Analytics tools are broadly used by large healthcare systems that serve thousands of patients in their hospitals each year and have hundreds of thousands of annual visits to their medical centers. They report not only improvements in the revenue but also achievements in healthcare delivery, like timely treated cases of life-threatening conditions or increased numbers of proactive procedures and operations in targeted populations. What strategies do these health systems implement to tackle sustainable results?

Alexander Suhov • 4 min read

Patient Readmission Analytics Software to Reduce Readmissions by Hundreds

Patient Readmission Analytics to Reduce Readmissions by Hundreds

Readmission Analytics tools are widely used now by large healthcare systems that serve millions of patients. These health systems operate dozens of hospital campuses, primary care clinics and urgent care/same-day centers, and at least one hundred specialty practices in the communities they serve. They report improvements like a high percentage of patients completed follow-up within the target number of days which significantly reduces the likelihood of hospital readmissions. What strategies do these health systems implement to drive sustainable results?

Alexander Suhov • 3 min read

Python in Healthcare

Python is featured among the most popular programming languages in the world. However, is Python programming a good idea for healthcare software development?

Alex Shestel • 10 min read

Reducing DNFB Rates with Health Information Management Software

Health information management (HIM) software with embedded analytics modules is in use by health systems with dozens of beds and hundreds of physicians. They report an improvement in Discharged Not Final Billed (DNFB) rates, which means more efficient payment collection after discharging patients. In some cases, this improvement results in an additional $1 million in annual reimbursement for the provided patient care. What are the steps that healthcare organizations have to take to achieve such impressive results?

Alexander Suhov • 4 min read

Emergency Medical Services Analytics to Improve the ED Throughput Times and Save Millions

Emergency Medical Services Analytics to Improve the Throughput

Emergency Medical Services Analytics is widely used by healthcare networks that unite tens of hospitals and emergency rooms (ERs), employ thousands of physicians, and take care of hundreds of thousands of inpatient visits and millions of outpatient visits. They report millions of dollars saved as a result of the left-without-being-seen (LWBS) rate reduction. What are the steps that organizations have to take to achieve such results?

Alexander Suhov • 4 min read

Population Health Analytics and the Triple Aim with Tens of Millions in Savings

Population health analytics is used widely by healthcare delivery networks that operate tens of hospitals and clinics, employ tens of thousands of staff, and serve hundreds of thousands of patients. Healthcare systems use population health analytics to achieve the Triple Aim of improving population health, patient experience, and per capita costs. Healthcare networks identify specific areas for improvement, and the results affect all the hospitals in the system. After implementing the population health analytics, networks report annual savings of tens of millions of dollars in areas associated with the highest healthcare costs, such as cardiovascular (CV) disease and stroke care. What is the strategy healthcare networks follow to achieve such impressive results?

Alexander Suhov • 5 min read

Data Integration for ACOs

The lack of data standardization, the use of different EHRs or different versions of the same EHR with customization nuances, and the loss of key employees involved in building or customizing data analytics platforms are key data integration challenges on the path to Value-Based Care (VBC) for Accountable Care Organizations (ACOs), according to the National Association of ACOs' 2024 report, "ACO Drivers for Success." The report highlights that today there are myriad data analytics solutions, which adds complexity to understanding who can truly deliver what an ACO needs and to properly vetting vendors.

Alexander Suhov • 3 min read

Inpatient Dashboards with Length of Stay Analytics to Reduce the LOS in Hospitals

Healthcare Analytics to Reduce the Average Length of Stay in Hospitals

If you have ever heard about how an optimized Length of Stay (LOS) may impact the financial health of healthcare systems in theory, not in practice, you may not believe it at first glance. Reports suggest that thousands of inpatient days are saved, several thousand admissions become possible due to "sudden" bed availability (equivalent to adding dozens of new beds), and, of course, tens of millions in direct operating expenses are prevented. All of this is complemented by such "side effects" as avoiding adverse patient events (ranging from falls to multi-drug resistance and hospital-acquired infections) and reducing the total cost of care. How is this even possible? What steps do we need to follow to recreate this success?

Alexander Suhov • 3 min read

Activity-Based Costing Software for Millions in Healthcare Savings

Activity-based costing (ABC) analytics software is in use among healthcare delivery systems with tens of hospitals, thousands of inpatient admissions, millions of outpatient visits, and thousands of physicians. Healthcare systems admit that the ABC analytics helps to tackle challenges to sustainability through effective cost management and clinical improvements. They mention cutting costs by millions and improving patient outcomes for such metrics as patient satisfaction, hospital readmissions, complications, patient outcomes, for example, in surgical fields, particularly orthopedics and other specialties. Applying the ABC analytics software also improves clinical results in such domains as women’s health and cardiovascular. What is the strategy that healthcare organizations implement to achieve these sustainable results?

Alexander Suhov • 3 min read

Clinical Documentation Improvement with Clinical Quality Analytics Software

Clinical Quality Analytics software for Clinical Documentation Improvement (CDI) is widely used by large healthcare networks that serve hundreds of thousands of patients. They report that implementing CDI activities (such as more appropriate coding and improved DRG accuracy) leads to improvements in critical tracked metrics and consequently reduces missed revenue opportunities, bringing in additional millions in reimbursements. What strategies do these healthcare networks implement to drive such sustainable results?

Alexander Suhov • 2 min read

Population Health Analytics to Justify Grants for Service Expansion

Self-Service Population Health Analytics to Justify Grants for Expansion

Self-service analytics is widely used by large healthcare networks that operate hundreds of care locations, treat hundreds of thousands of hospital admissions and emergency department (ED) visits, and employ tens of thousands of staff members. Healthcare systems use population self-service analytics, for example, to collect data on early warning signals of potential health crises among the population, like the rapidly increasing rate of mental health problems and more. With this data, they can prove the necessity of creating additional resources, such as crisis stabilization units, to reduce the workload on the ED services. Organizations report on securing millions of investments for their initiatives based on these data-driven arguments. What is the strategy they undertake to achieve such results?

Alexander Suhov • 3 min read

Offshore Healthcare Software Development

The primary motivation for offshore healthcare software development is cost savings as well as instant access to skilled resources on an as-needed basis. Healthcare software development outsourcing also can free up internal IT resources to focus on strategic tasks. Healthtech firms can significantly boost their technology-driven offerings for remote patient treatment, digital monitoring, and streamlined patient data processing by embracing offshore outsourcing.

Alexander Kom • 5 min read

EHR Data Analytics Solutions

It's not a trivial task to transform electronic health records into insights. Data scientists have to extract suitable data from the system, clean it of errors and inconsistencies that always exist, and finally use appropriate statistical and machine learning methods to achieve the main goals. These goals come from healthcare domain experts and may sound like "improve patient care."

Alexander Suhov • 19 min read

EHR Migration Services

Keeping healthcare management systems unchanged can compromise their performance. Belitsoft, a dedicated healthcare software development company, provides expert EHR application migration services to help healthtech companies significantly decrease risks during transition.

Alex Shestel • 7 min read

Relational Databases in Healthcare

Relational databases are historically the first databases, that's why they are so widely used in different industries including healthcare. The main goal of a relational database is to reduce data duplication. Relational databases store single pieces of information within tables, familiar to everybody today, using predefined relationships between them, like “this patient has this name/surname in the Patient Database Table and has this diagnosis from the Diagnosis Database Table”. Such databases are also known as SQL databases because SQL programming language is used to store, manipulate, and retrieve data from them. Talking about databases we can’t ignore infrastructure issues around databases, because they do not exist in a vacuum. In fact, healthcare businesses choose a database not on the fact of whether it’s relational or not but by taking into account hosting providers and their services.

Dzmitry Garbar • 5 min read

Hire Dedicated Healthcare App Developers

Design, program, test, and launch your app with a dedicated medical application developing firm. Get help with integrating various systems to ensure interoperability and meet compliance regulations.

Dzmitry Garbar • 7 min read

HIPAA-Compliant Database

HIPAA law applies to doctors’ offices, hospitals, health insurers, and other healthcare companies, including healthcare SaaS, as well as cloud service providers, that process protected health information (PHI) on their behalf. HIPAA violation can cost a health organization millions of dollars. To be compliant, healthcare businesses must keep PHI safe (billing statements, claims requests, health status, treatment, and prescription information, test and procedure results, and visit notes) while storing or manipulating it (transfer, receive, handle, or share). In this article we focus on the data-storing aspect, around considering HIPAA-compliant databases, specifically cloud ones.

Dzmitry Garbar • 4 min read

Run Charts in Healthcare Data Analysis

Run charts, trend charts, and time series charts are essential tools for clear data visualization in healthcare analytics. They display data over time, revealing patterns and trends in healthcare settings. This article delves into the significance of these charts and explains how they can optimize data analytics processes in healthcare. At Belitsoft, we extend these insights by developing custom healthcare software equipped with advanced analytics and visualization tools to track and manage patient outcomes and workflows effectively. Keep reading to get the full scope of data’s role in enhancing healthcare decisions.

Alexander Suhov • 11 min read

How does a Report Differ from a Dashboard in Healthcare

Synergy between dashboards and reports enhances healthcare analytics for better patient care. Dashboards provide real-time, visual summaries of key metrics and KPIs for immediate decision-making. On the other hand, reports delve deeper into analyzing trends and underlying causes to inform strategic planning. This article aims to explain how these tools complement each other, using examples, such as patient outcome monitoring and hospital resource management, to demonstrate their distinct yet interconnected roles.

Dzmitry Garbar • 7 min read

Full Guide to Healthcare Application Development

Medical app development has evolved into an extensive, lucrative Health Tech sub-industry. Learn about best practices, must-have features, and success stories in healthcare app development.

Dzmitry Garbar • 35 min read

HIPAA Compliance Software Checklist

The HIPAA compliance checklist provided in the document from Belitsoft is specifically tailored for software solutions in the healthcare sector. It details various technical, administrative, and physical safeguards that are essential for protecting electronic Protected Health Information (ePHI). The document specifically focuses on the software aspect of HIPAA compliance, detailing the implementation of security measures in software development and IT infrastructure.

Dzmitry Garbar • 7 min read

Gamification in Healthcare: the Value of Fun

Gamification is not the cure-all, but it can’t hurt. Introducing fun and games to healthcare apps can motivate patients and collect essential data. After all, it helps to make informed decisions on daily activities that contribute to one’s health.

Alex Shestel • 9 min read

LMS for Healthcare

As healthcare intricacy increases, the need for robust training and development becomes undeniable. Customized Learning Management Systems (LMSs) have emerged as essential tools for medical professionals to stay abreast of the latest advancements and regulatory nuances. While there are many ready-made options, a tailored LMS often resonates more closely with an organization's unique requirements. At Belitsoft, we craft modern, adaptable LMS frameworks for healthcare organizations focused on enhancing patient care through strategic training. For those in the training industry, our solutions offer an avenue to develop a standout product tailored to the healthcare sector. This article delves into the significance, benefits, challenges, and transformative potential of a custom healthcare LMS.

Dmitry Baraishuk • 8 min read

Healthcare SaaS

In recent years, software as a service has been the business model of choice for IT solutions across all industries. SaaS versions of several healthcare app types like EMR (electronic medical records) or EHR (electronic health records) software have become increasingly popular. Belitsoft SaaS development company prepared the list of top 20 NY-based companies who have successfully launched SaaS solutions for healthcare.

Dzmitry Garbar • 13 min read

Best EHR systems and its Disadvantages

Pre-built EHR systems have numerous disadvantages. The main thing is it forces your doctors to fit predefined limitations. You have to change your workflow to adjust to the new software. Moreover, you will not be able to easily make app modernization over time to maintain a high productivity rate. The ready-made EHR software targets a wide range of consumers and it is not cost-effective for EHR product vendors to customize it for specific customers. Medical software development focused on building your custom EHR system is a different thing entirely.

Alex Shestel • 91 min read

TOP Features that Matter in a Pill Tracker App

Would this feature make a profit or not...that is the question. Our healthcare application development helps your medication management business to succeed and save from pointless wastings. Here we put together eight must-have functionalities to attract your potential customers and make them love your pill tracker app.

Dzmitry Garbar • 4 min read

Healthcare IT Terms: the Essential Glossary

Healthcare IT is a complex field that could give healthcare itself a run for its money. What is EHR? What do FHIR, GDPR and HIPAA stand for? Look for answers in our comprehensive glossary.

Alex Shestel • 8 min read

How Can EHRs Change Life Insurance Industry

Where exactly do life insurance carriers get client information? And what is the potential of EHRs to improve the application process? We found some promising examples of how EHR systems can improve life insurance industry.

Alex Shestel • 6 min read

EHR Implementation Guide

EHR adoption has become a requirement in the United States. Not implementing an EHR will bring financial penalties for non-compliance. The medical center executives are looking to mitigate risks and ensure the success of the implementation. This guide contains steps to help them do so. It is based on our 4+ years of experience with developing custom EHRs and EMR systems, official recommendations from the USA government and other reliable sources.

Alex Shestel • 8 min read

The Best Open Source EHR Systems To Consider

This article is a review of the most popular open source EHRs. The recommendations inside are based on the 4+ years of experience we have in developing and customizing EMR/EHR systems for hospitals, private practices and physicians, outpatient facilities, pharmacies, medical software businesses and EHR startups from USA and Europe. The review describes the products, gives an overview of their features, Meaningful Use/Promoting Interoperability eligibility, risk of being vendor-locked, as well as user reviews and advantages and disadvantages of each.

Alex Shestel • 12 min read

Blockchain in Healthcare: Use Cases

We are seeing a rapid spread of blockchain-based software services, many of them in the medical and pharmaceutical fields. Healthcare stakeholders recognize great potential, and with this comes high expectations. Obviously, Blockchain can increase confidence between patients and healthcare institutions. But is it a panacea for health IT issues? We’ll try to myth-bust blockchain technology and show how it may be used in healthcare.

Alex Shestel • 7 min read

EHR with Telemedicine

Do you need an EHR with the telemedicine feature? If you are looking for your existing EHR integration with telehealth or would like to understand how to add telemedicine to your practice let’s consider using WebRTC technology in healthcare as one of the best options available for you.

Dzmitry Garbar • 6 min read

How to Design a Healthcare App

mHealth is becoming a popular option in the world today where there is a widespread gadget usage. People are frequently thinking about healthy lifestyles and ways to improve their well-being. As a result, they download dozens of healthcare apps to be motivated and track physical and mental conditions. Fortunately, software providers do have much to offer for both Android and iOS users. Do you want to create a competitive mHealth product? Have no idea what color scheme to pick for attracting more users? Looking for original design solutions? Check out this blog post to find a "best fit" design approaches in healthcare mobile development.

Alex Shestel • 8 min read

60 ONC's EHR Certification Requirements for the USA

Would you like to be listed in the Certified Health IT Product List (CHPL)? Do you need to get assistance in certifying your EHR software by ONC? This guide from the EHR technology developer Belitsoft International LLC would be the best place for start.

Alex Shestel • 28 min read

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BI Modernization for Financial Enterprise for 100x Faster Big Data Analysis

A private financial enterprise needed to fully modernize the architecture of a custom Business Intelligence system to effectively identify trends, mitigate risks, enhance customer experience, and optimize operations.

Instant Payment App Development for Mobile Banking

Belitsoft was contacted by the founders of a startup from one of the EU Member States. They wanted to create a mobile app that would support SEPA Instant Credit Transfer (SCT Inst) scheme to make real-time payments.

Custom Insurance Medical Case Management System Development

Our client is a healthcare consulting company from the USA focused on helping insurance companies from Europe to adjust their claims.

Custom .NET-based Financial Software (CRM/ERP System)

Our strategic customer asked us to help him in making conversion to Web application of one of his financial CRM/ERP system based on WinForms.

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Head of Division at Fraunhofer FIT (Germany)

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What Is Payment Integrity?

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