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Healthcare Industry

AI Will Optimize RCM: But How Quickly?

April 20, 2020

OrboNation readers are well aware of the value Artificial Intelligence has in Revenue Cycle Management. Still, as reported by RevCycleIntelligence.com, a recent Black Book survey of C-suite executives found less than half (44 percent) of healthcare organizations already use AI in some form or another. On the other hand, 88 percent anticipate widespread implementation within…

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UAE Hospitals Urge Insurers to Speed Up Payments

April 10, 2020

In response to the unprecedented coronavirus pandemic, the United Arab Emirates have called upon insurers to streamline payments to stressed healthcare providers. As reported in The International Travel and Health Journal, outpatient visits spiked in early February. Now, timely — or even early — release of funds is vital in order to keep these facilities…

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CAQH Continues to Champion Adoption of Fully Electronic

April 3, 2020

If you are a revenue cycle management professional, then you are most likely familiar with the Council of Affordable Quality Healthcare or CAQH — a non-profit alliance and leader in creating shared initiatives to streamline the business of healthcare. CAQH is at it again, actively tweeting to distribute findings from its 2019 CAQH Index on…

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Optum Report: Revamping HC Administration with AI

March 25, 2020

One of the primary topics scheduled to be covered at this year’s HIMSS20 was — no surprise – the use of Artificial Intelligence in modern healthcare administration. However, the “surprise” came a week ago when HIMSS20 was cancelled due to the coronavirus pandemic — a wise move given the emerging nature of this worldwide medical…

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CPT Releases New COVID-19 Code & Description For Testing

March 18, 2020

A key component in the fight against the Coronavirus pandemic appeared on March 13, as a new CPT® code — 87635 — streamlining novel coronavirus testing offered by hospitals, health systems, and laboratories in the United States. The American Medical Association provides details on utilizing the new CPT ® code: The full CPT code description…

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2020: Healthcare’s Year of Digital Payments

March 16, 2020

Pymnts.com’s Karen Webster interviews Ingo Money CEO Drew Edwards about the world of instant disbursements, and whether their popularity heralds the possibility of eliminating checks in the healthcare spectrum. Their primary conjecture: At the dawn of a new decade, healthcare stands poised to embrace digital payments. Mr. Edwards states that when customers are given a…

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Breaking News: HIMSS20 CANCELLED

March 6, 2020

In an announcement made yesterday, March 5th, it was announced that HIMSS20 will be cancelled this year due to concern over the coronavirus outbreak. The event was scheduled to take place March 9-13 in Orlando, Florida, and this is the first time in 58 years that it has been cancelled. HIMSS has been keeping a…

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Payment Automation Insights: 2014 to Today

February 28, 2020

Over the past decade, we have seen a tremendous evolution in healthcare, particularly in healthcare payments and revenue cycle management. But how far have we come since 2014? In 2014 we sat down to talk to Mark Brousseau, President of Brousseau & Associates, to get his perspectives on the challenges and opportunities facing healthcare payments…

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10 AI Trends to Watch in 2020

February 21, 2020

For all the talk of Artificial Intelligence capabilities and their value to organizations and industries of all sorts, it should be noted that, according to the 2019 MIT SMR-BCG Artificial Intelligence Global Executive Study and Research Report, nine out of ten companies have made some investment in AI, but 70 percent said they have seen…

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Wall Street’s Perspective: Health Care Markets to Prosper in 2020

February 19, 2020

Introduction to the Nashville Health Care Council and their events OrboGraph’s participation in the Nashville Health Care Council Summary of the “Wall Street’s View on Prospects for the Health Care Industry” event Nashville is known as the health care capital of the United States — it is, after all, the location for headquarters of 18…

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