Financial/Revenue Cycle Management
HIMSS21
While it may make sense for healthcare organizations to accede to cybercriminals' demands in the interest of patient safety and business continuity, one expert at HIMSS21 said it's time to "disrupt the economic balance here."
HIMSS21
BUDDI AI delivers artificial intelligence in an RCM suite. Tegria and Cedar partner for RCM and consumer-facing financial engagement. And RevSpring automates patient intake.
The 50-location urgent care provider also decreased chart completion time from 4-5 minutes to 45 seconds, a big plus for caregivers.
Its platform proactively matches patients with helpful programs without a person searching manually, and enrollment is automated.
The automation is expected to improve reimbursement for 3M's 6,000 client health systems and hospitals nationwide.
Researchers found a 169% year-over-year increase in global telehealth investment, with the top five deals alone worth $1.5 billion.
This week's top stories include Amwell snapping up SilverCloud Health and Conversa Health, the AMA backing vaccine mandates for healthcare workers, and the VA suspending Cerner EHR rollouts until 2022.
Two examples: It obtains denial information three to 14 days faster, and it has seen a 20% reduction in the number of employees supporting insurance-claims status workflows.
Meanwhile, Amwell announces its acquisition of SilverCloud Health and Conversa Health.
Gov. J.B. Pritzker signed a bill into law mandating coverage parity for virtual mental health and substance use disorder services.