The Greater Dayton Area Hospital Association (GDAHA) announced its partnership with HealthBridge, a not-for-profit health information exchange located in Cincinnati, to establish health information exchange services for the Greater Dayton region. This partnership will create one of the secure health information networks connecting hospitals and physicians in Dayton and Cincinnati. Once the Dayton-Cincinnati health information exchange is complete, more than 50 hospitals and 7,500 physicians will be connected across Southwest, Ohio.
“Hospitals in the Dayton region have been innovators and leaders in the national movement to use electronic health information in our community,” said Bryan Bucklew, President and CEO of GDAHA. “They are now expanding their ability to share electronic information through secure channels with providers. These connections will improve the quality of care available to patients in our community.”
Too often physicians do not have the most current information from other providers when they see a patient. The ability of a patient’s health information to follow the patient electronically from hospital to doctor’s office to lab and back will result in better quality of care and lower costs.
“Technology and connectivity are fundamental to advancing the quality and efficiency of healthcare,” said Keith Hepp, Vice President of Business Development at HealthBridge. “We are delighted to work with GDAHA and the Dayton provider community to rapidly expand the ability to connect and share health information securely to improve patient care.”
“We’re very proud to be working with a pioneer in health information exchange like HealthBridge,” said Bryan Bucklew. “The proximity and patient movement between the Dayton and Cincinnati communities makes working with HealthBridge a natural fit for our provider community.”
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The adoption of IFRS for Canadian companies is in full swing. As of January 1, 2010, Canadian companies are required to file financial statements under IFRS. Although Canadian GAAP and IFRS are similar, there are three main differences that have posed a challenge for companies: effectiveness testing, hedge accounting eligibility, and fair value measurement. While not an exhaustive list, these issues have posed the greatest challenge for Canadian corporations during the first quarter of 2010. The following paper clarifies some of the differences in hedge accounting between Canadian GAAP and IFRS and shares best practices for hedge accounting to help Canadian corporations navigate through the transition.
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