Financial/Revenue Cycle Management
Many healthcare organizations underestimate the expense of on-premises cybersecurity and may miss early signs of an attack if teams don’t know what to look for, says Max Rogers, senior director of the security operations center at Huntress.
Washington, Maryland and New Mexico have leveraged funding opportunities and regulatory tools to ease the burden on providers still struggling to operate with claims payments disrupted.
Success Stories & ROI
The provider saw a 22% decrease in one type of denial and an 18% decrease in another. Those improvements have resulted in more than 30 hours per week in eliminated work for follow-up staff.
Meanwhile, the American Hospital Association is calling on Congress to do more in the face of a "staggering loss of revenue" for health systems.
Digital health technology needs to be interoperable within the health system, says Siddhartha Mukherjee.
AHA says it welcomes the letter urging UHG to step up payments to hospitals, physicians and other providers.
Various factors around ROI on virtual tech should be considered before implementation, such as billing revenue, increased efficiency, downstream revenue and improved outcomes, said experts at HIMSS24 preconference Virtual Care Forum.
AI & ML Intelligence
Autonomous medical coding has been viewed as the province of large academic medical centers that could afford to experiment with cutting-edge technology. Today it is starting to be viewed as a necessary tool for all health systems.
Success Stories & ROI
The Eye Care Center of Northern Colorado's new EHR/PM was painful – so it switched again. The result? A dozen clicks down to one. Two-and-a-half minutes down to just 30 seconds. More data sharing between physicians and specialists. And a biggie: correct bills.
UnitedHealth Group says the pharmacy network could be back online as soon as today.