Revamping prior authorization: How AI and automation could boost care and revenue
Prior authorization is the most time-consuming transaction for medical providers, taking up to an hour to complete manually. Find out how providers and health plans can save up to $417 million annually be automating prior authorizations.
Autonomous coding, it won’t hurt a bit with CodaMetrix
Coding at hospitals and health systems can take hours each day and can cost up to $7 billion in one year. However, one company encourages its use of artificial intelligence technology to reduce both cost and time of coding.
Single-use endoscopes offer a safe way for healthcare providers to catch up on backlog of nonemergent care procedures
One company focuses on growing endoscopy departments of healthcare organizations with single-use devices. Learn about the benefits of single-use endoscopes and how to take advantage of these products.
Healthcare AI experts discuss the need to improve data accessibility and validation
Healthcare organizations can improve the impact of AI applications by making proprietary data more widely available, according to insights shared during a workshop on using AI to advance health equity.
Healthcare News of Note: Struggling rural hospitals have option to become stand-alone EDs to receive more funding
Healthcare News of Note for healthcare finance professionals is a roundup of recent news articles: An upcoming option for rural hospitals to receive more funding, a key factor in outcomes of Black patients who receive COVID-19 care, and predictions about the hospital room of the future.
2 proven strategies that can help healthcare providers reduce denials and strengthen their revenue cycle
Healthcare providers should consider the use of two proven strategies to reduce claim denials: Maximize reps follow up ability and close the gap between the front end and back end with a continuous feedback loop.
Reimagining care delivery to emphasize physician-consumer relationships and the human touch
The healthcare industry needs to make changes that emphasize the physician-consumer relationship and help people take charge of their own care, says the author of a new book.
3 reasons healthcare providers are eager to offer text-to-pay convenience
Healthcare providers should consider the benefits of offering a text to pay option for their patients.
Atlas Health: Helping healthcare providers offer patients philanthropic financial assistance
Learn how one company uses a database of more than 10,000 philanthropic programs to tap into funds available for patient medical costs associated with care for chronic diseases, rare conditions or high-cost therapies.
Healthcare News of Note: Fewer patients translates to a small reduction in charity care spend for hospitals
Healthcare News of Note for healthcare finance professionals is a roundup of recent news articles, including a reduction in charity care in 2020 due to fewer patients, a review of physician burnout and moral injury data, and what early adopters are doing to test 5G.