Revenue Cycle

[Also: Politico uncovers more funding indiscretions from Patrick Soon-Shiong]Despite company losing $41 million in the first quarter, biotech mogul Patrick Soon-Shiong defended his company’s work and chastised what he called false reports.

To say the technology is advanced is an understatement, but hospitals should understand the reasons that it’s getting so much attention.

The tools analyze relevant patient notes using deep learning and natural language processing technologies.

The technology's implications for interoperability, privacy, claims processing and more are intriguing. But many challenges must be addressed before wider applications become possible.

Consumerism is no longer a buzzword in healthcare, says Cerner President Zane Burke. As the industry continues to shift, providers should evaluate the care delivery process from the front-end to back-end to identify opportunities for improvement with the consumer in mind.

Epic landed the top spot for Overall Software Suite in the 2017 Best in KLAS: Software and Services report, for the seventh consecutive year. It also earned the top Overall Physician Practice Vendor and Best in KLAS awards in eight other segments.

HIMSS is recognizing Mercy for its EHR optimization, process improvement efforts, use of evidence-based protocols and analytics gains – all of which have helped the health system improve care quality and patient outcomes, lower costs and increased reimbursements.

The provider tapped an EHR-based care management tool to cut readmissions by 30 percent, HIMSS said.

Eighty-five percent of providers are currently in RCM replacement mode or assessment, according to the newest Black Book Market Research report.