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Transformation Never Ends, Says New Chief Digital Officer
Jul 22, 2021
“You've never transformed. You're always transforming. And if you're always transforming, then it becomes much easier to figure out what are the offline or antiquated services that we can digitize, and then secondly, where can we innovate to create something new.” - Jason Szczuka, Chief Digital Officer, Bon Secours Mercy Health
HealthLeaders
Future of telehealth for health systems depends on infrastructure and analytics
Jul 19, 2021
McKinsey expects a proliferation of innovative tech-enabled care delivery models that will accelerate the adoption of value-based care.
Healthcare Finance
How does RPA and Process Mining support Digital transformation
Jul 18, 2021
Using RPA and process mining for digital transformation ensures efficiency and increased productivity.
Analytics Insight
Using advanced analytics to look at the ‘whole person’ for better value-based care delivery
Jul 13, 2021
By embracing flexible healthcare analytics solutions that measure and analyze across different data sources and promote a holistic approach to healthcare delivery, providers are better positioned to drive value-base care success.
MedCityNews
3 Strategies for Revenue Cycle Management Optimization
Jul 7, 2021
Revenue cycle management optimization will be key to recovering from last year’s devastating losses. Here are 3 strategies from leading provider organizations.
RevCycleIntelligence
More than 30% of hospitals are near the 'danger zone' of denial rates
Jul 1, 2021
The pandemic has only made the trend worse, as 33% of hospital executives report average claims denial rates of 10% or more.
Healthcare Finance
How Do Healthcare CEOs View the Transformative Future?
Jul 1, 2021
A new survey from KPMG sheds light on how healthcare leaders overseeing hospitals, health systems and care provider networks are preparing for the future
Healthcare Innovation
Healthcare Leaders Expect AI to Unseat Telehealth as Top Digital Health Investment
Jun 28, 2021
In the next three years, only 40 percent of healthcare leader respondents say they expect to invest heavily in telehealth, while AI will emerge as a key area for investment
Healthcare Innovation
How Providers Can Improve Patient Financial Experience
Jun 24, 2021
In the aftermath of COVID-19, payment flexibility, digital engagement, and transparency are crucial to improving patient financial experience, recent reports show.
Xtelligent Healthcare Media
COVID-19 Exposes Technology Disparities, Opportunities Across Hospital Ecosystem
Jun 22, 2021
The pandemic has taught hospital leaders about the limitations of their clinical communication tools and how to address those disparities
Healthcare Innovation Group
Revenue cycle directors deal with a competitive market for staff as elective care returns
Jun 11, 2021
Because of COVID-19's push to a remote workforce, hospitals are competing for billers and coders not just locally, but nationally.
HealthcareFinance
Efficiency and Personalization Are the Future of Digital Health Technology
Jun 8, 2021
Innovations such as artificial intelligence are making a difference in quality of care, according to experts in a recent panel discussion.
HealthTech
Pandemic Shines Spotlight On Big Data And AI In Life Sciences And Healthcare
May 25, 2021
Today, Fortune 1000 companies are managing exponentially greater volumes and sources of data, while leveraging emerging technology capabilities including machine learning and AI to gain ever more granular insights into market opportunities. Companies are leveraging computers to do the work that they once relied on humans to perform.
Forbes
Health IT Innovation Is Key to Medication Management Reform
May 23, 2021
Actionable data can empower care teams, including clinical pharmacists, to implement comprehensive medication management.
Health Tech Magazine
Pandemic scrambled priorities of hospital CIOs, according to survey
May 19, 2021
Stoltenberg Consulting annual’s healthcare IT outlook survey concludes that the COVID-19 pandemic has rearranged their priorities. Moreover, the pandemic has "raised the bar for the digital health experiences."
HealthcareDive
Revenue Assurance Market – Increasing Incidence Of Revenue Leakages Is One Of The Prominent Factors Expected To Drive The Market
May 19, 2021
Key factors that are driving the market growth include an increase in complication of networks & services coupled with the rising usage use of technology by fraudsters.
Digital Journal/GetNews/Grand View Research, Inc.
How technology is making healthcare more human
May 16, 2021
Adding more tech to healthcare hasn’t dehumanized it—instead, it’s helped healthcare meet people where they are, writes pharma giant Sanofi’s CEO.
Fast Company
Roundtable: Include Nurses in the Conversation to Reduce EHR Burden
May 12, 2021
Researchers discuss how to bridge the gap between IT teams and nurses.
HealthTech
The Evolution of Patient Experience in 2021: How to Maximize Healthcare Technologies’ Impact on Interactions
May 10, 2021
When the coronavirus swept across the nation last year, it pushed every business into embracing technologies out of necessity — perhaps the most pronounced coming from emerging technology in healthcare.
Healthcare Business Today
Why Patient Access is Key to Revenue Cycle Management Success
May 5, 2021
Patient access is the first point of contact for patients and the first time staff can get key information right for revenue cycle management success.
RevCycle Intelligence
The best way for hospitals to avoid revenue loss: 2 execs weigh in
Apr 29, 2021
U.S. hospital margins are remaining narrow, prompting healthcare revenue cycle leaders to examine their processes and make sure no money is falling through the cracks.
Becker's Hospital CFO Report
Patient Engagement Tech Considerations for Healthcare Consumerism
Apr 27, 2021
Patient engagement tools for healthcare consumerism should streamline existing care delivery factors, not replicate and digitize them.
PatientEngagementHIT
Understanding A/R Productivity is Key to Revenue Cycle Success
Apr 25, 2021
Gaining a clear picture of accounts staff are working and other productivity measures is crucial to managing denials and increasing collections for revenue cycle management success.
RevCycleIntelligence
How to overcome AI’s healthcare headwinds
Apr 4, 2021
AI has already shown tremendous promise for everything from automating patient communication and non-clinical administrative tasks to reducing physician burnout. But realizing that promise more broadly requires AI developers to establish trust with their healthcare users.
MedCityNews
The Healthcare Sector - Through And Ahead Of The Pandemic
Mar 31, 2021
How easy is it to not go to the hospital and still get diagnosed? The older generation would call it impossible unless the doctors themselves land at your place. But for the current millennial generation, it is just another technological advancement. Bringing digital transformation in the healthcare sector has always been a tedious task and thus a slow process considering its significance in society and resistance towards disruptive technologies like AI. Although, the Covid-19 scenario accelerated the transformation to equip the healthcare sector to fight the pandemic. Developments like ‘Telemedicine’ have enhanced the accessibility of healthcare services among people.
Analytics Insight
Finding Value in All Data Types
Mar 29, 2021
One of the key factors in determining whether companies will thrive or fail in the next five years is how well they use the data they have available. This is a problem for many that may not even know what data they have, let alone how to use it or what insights it may contain.
Bernard Marr
Realizing the Power of Data in Payer-Provider Negotiations
Mar 28, 2021
Analytics are helping providers come to the negotiation table with far more leverage than ever before
Healthcare Innovation
How Can a Hospital Increase Healthcare Efficiency
Mar 28, 2021
Improving efficiency in the healthcare sector is the single biggest thing you can do to increase patient satisfaction rates. To do this, hospitals are investing more money in technology than ever before, but your staff needs to use other practical measures to remedy specific problems in the healthcare sector. The following approaches could benefit both the industry and patients.
Healthcare Business Today
3 Ways Big Data Is Furthering Medicine
Mar 25, 2021
Big data has seen its fair share of uses across a wide variety of industries. Its impact on medicine, however, is truly remarkable. The massive amount of information that big data provides reduces the time needed to conduct research and collect results. Similarly, big data is having the same effect on insurance allowing for more complex coverage and accurate estimates.
Analytics Insight
One year later, we owe our COVID medical heroes a more efficient health care system
Mar 16, 2021
In the health care system, "COVID-19 has exposed the need to consolidate and integrate processes and systems that manage governance, risk management and compliance," the authors write.
Fortune
90% of Hospitals Have Artificial Intelligence Strategies in Place
Mar 11, 2021
Healthcare artificial intelligence awareness and adoption has increased significantly in the past year, with familiarity rising among hospital executives.
Health IT Analytics
How Operational Analytics Proves to be Beneficial for Healthcare Industry?
Mar 10, 2021
While data analytics is a popular tool today, operational analytics offers a major edge when it comes to real-time insights.
Analytics Insight
Intelligent automation depends on these 4 cornerstones
Mar 7, 2021
There has been more than a modicum of buzz around what IDC calls intelligent process automation and what Gartner calls hyperautomation. In both cases, these terms refer to the integrated deployment of digital technologies such as robotic process automation (RPA), intelligent business process management suites (iBPMS), artificial intelligence, process mining, etc. Integrating digital technologies is far from a new concept. MIT and Deloitte advocated this approach back in the day when everyone was focused on social, mobile, analytics, and cloud (SMAC).
VentureBeat
Four Areas in Healthcare in Which RPA can make a Difference
Mar 5, 2021
RPA can practically automate any tedious and manual activity that is vital to the healthcare system’s operation and production.
Analytics Insight
How New Technologies Create Opportunity for Healthcare Providers
Feb 19, 2021
Normalizing telehealth and remote monitoring will require a new focus on patients’ digital experience.
HealthTech
8 Tecnologías que cambiarán el sector salud en los próximos años
Feb 18, 2021
La industria de la salud, luego de la crisis generada por la pandemia, se ha enfrentado a diferentes desafíos que han puesto a la transformación tecnológica como una de las principales prioridades para responder ante los desafíos impuestos de manera rápida y eficiente.
Revista Inversiones y Negocios
Choosing the Right Intelligent Automation Technology Will Benefit Your Business
Feb 12, 2021
Intelligent Automation (IA) is a combination of artificial intelligence (AI) and robotic process automation (RPA). In the tech world, intelligent automation is becoming the core of digital transformation as it empowers rapid end-to-end automation of business processes.
Analytics Insight
Five trends shaping health care’s data-driven future
Feb 11, 2021
Health care can become more resilient, agile and innovative by shifting to digitally enabled business models with data at the core.
EY
Hyperautomation: Intelligent Bots Taking Care Of Business
Feb 9, 2021
The tech industry is no stranger to short-lived buzzwords that burst onto the scene in a flash and fade out just as quickly. But hyperautomation is here to stay. Named to the top spot on Gartner's Top 10 Strategic Technology Trends for 2020 list, hyperautomation is a robust stack of digital technologies that will continue to transform organizations across a plethora of industries. It’s also known as digital process automation (Forrester’s favored term) and intelligent process automation (per IDC).
Forbes
Claim Automation Up, But $16.3B Remains in Potential Savings
Feb 8, 2021
Automation across 9 common claim transactions had increased in 2019, but key transactions like prior authorizations are still largely manual, CAQH reports.
RevCycle Intelligence
Reinventing Society With Intelligent Automation
Feb 2, 2021
The idea of a “Fourth Industrial Revolution” was coined in 2016 by Klaus Schwab, executive chairman and founder of the World Economic Forum. The first revolution brought the steam engine, the second mass production and the third digital technology. Each of these brought along massive disruptions and fundamentally transformed our modern societies. We are now entering into the fourth industrial revolution, brought along by connected and intelligent technologies, of which intelligent automation (IA) is a central component.
Forbes
Innovation is needed for the patient payment experience
Feb 1, 2021
Patients feel that customer experience is an important part of their healthcare journey, and a key reason to stay with a provider or abandon them.
Healthcare Finance News
Why this is digital healthcare’s moment
Jan 26, 2021
Since the start of the AI and data science revolution a few decades ago, healthcare has consistently lagged other sectors in capitalizing on the power of these technologies, which could be used to improve human health. Today, the COVID-19 pandemic has laid bare weaknesses in health systems and healthcare approaches as the world works to cope with the dual challenge of a global pandemic and ongoing patient needs.
World Economic Forum
What Is The Relationship Between KPIs And Big Data?
Jan 5, 2021
The relationship between big data and KPIs may not be immediately obvious. KPIs are what you use to measure performance, while big data is what Netflix uses to decide which series to recommend to you next, right? That’s true, but big data, KPIs and performance measurement are inextricably linked. And, as we’ll see in this article, big data has drastically altered how companies measure performance.
Bernard Marr & Co.
Best practice strategies to protect earned revenue through effective denials prevention
Jan 4, 2021
One out of every five dollars of revenue cycle management (RCM) expenses are attributed to denials-related issues and to top it off, 67% of denials are recoverable while 90% of denials are preventable. Effectively preventing denials can yield upwards of $5 million in additional revenue for a typical hospital.
Beckers Hospital Review
5 trends that will shape healthcare in 2021
Dec 31, 2020
If there is any lesson to be drawn from 2020, it’s that making predictions for the year ahead is an act of hubris. Despite that, some clear trends have emerged.
MedCityNews
What Is A KPI?
Dec 14, 2020
If you were to eavesdrop on just about any executive meeting, strategy session or performance review in any business, chances are you would hear the term ‘KPI’ mentioned many times. Most people in those discussions would know that the acronym stands for Key Performance Indicators, but if you pressed each person to explain what a KPI actually is, it’s likely that you would hear many different definitions.
Bernard Marr & Co.
