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.
Cost Effectiveness of Health Report, September 2021
HFMA’s Cost Effectiveness of Health Report, sponsored by Kaufman Hall, is a monthly e-newsletter that will explore ways to ensure healthcare delivery in the United States is not only financially sustainable but also cost effective for all of its stakeholders — including health systems, physicians, health plans and patients. In this inaugural issue of the report, healthcare futurist Jeff Goldsmith shares his perspectives on the need for a focus on improving cost effectiveness of health as a societal imperative.
Various technical challenges affect hospitals’ ability to fulfill public-health reporting obligations
A report issued by the federal government finds many hospitals struggling to exchange data electronically with public health agencies.
Healthcare News of Note: Front-line healthcare workers leaving jobs without having another one lined up, McKinsey survey shows
Healthcare News of Note for healthcare finance professionals is a roundup of recent news articles: The Great Attrition is a real phenomenon, health systems have been slow to optimize technology, and chronic care is likely to grow telehealth use.
Technology
Keep up with the latest technology trends and related subtopics of artificial intelligence, business intelligence, EHR, ROI, telemedicine, revenue cycle technology, and more.
News
Stay up-to-date with HFMA's regularly published news that covers regulatory and legislative changes and healthcare finance trends.
Pressure Rising: COVID-19’s ongoing impacts on healthcare labor trends
Find out how health systems and organizations are expanding remote work, how to prepare for rising labor expenses and how some hospitals are testing creative solutions to address workforce shortages among other hospital labor trends now and into the future.
Financial Sustainability Report: August 2021
The August 2021 issue of the Financial Sustainability Report, sponsored by Kaufman Hall, explores the impacts of COVID-19 on hospital cost reporting and financial statements, and why a hospital’s future payment levels may depend on its due diligence around these processes today.
Healthcare News of Note: Many hospitals report patient volumes returning to 2019 levels in June and July after lag in the early part of the year
Healthcare News of Note for healthcare finance professionals is a roundup of recent news articles: Hospital admissions are returning to 2019 levels, patients expect better provider communication, and most nurses are comfortable recommending the COVID-19 vaccine to patients.
Survey: Hospitals and health systems prioritize automation technology and cybersecurity to battle pandemic
Most hospitals and health systems have yet to fully utilize automation technology, per an HFMA survey. Based on this research, one company broke down key takeaways such as top priorities for reduced spending including supply chain, IT and revenue cycle management.