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Management

Protecting Patient Privacy in EHRs

August 8, 2019

Medical processes — from intake to discharge and billing — benefit from both information-gathering and information-sharing. The industry is getting better and better at proliferating patient information where it is needed in order to assure proper assessment, treatment, and billing. And, as many of you know, The U.S. Department of Health and Human Services (HHS)…

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Ten Physician Specialties That Generate Most Revenue for Hospitals

August 1, 2019

Our parents always told us to aspire to big things — “Be a doctor or a lawyer — they make lots of money.” We can’t speak for the legal profession (though they seem to be doing well), but a recent survey by physician staffing firm Merritt Hawkins assures us that the amount of revenue physicians…

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7 Quotes From RCM Leaders, and AI/Blockchain’s “Potential” in Healthcare

July 25, 2019

From Hospital CFO Report comes words of wisdom from seven industry RCM leaders. The common threads? Heightened communication, empowerment of staff, and, of course, technology adoption and AI/machine learning. Check them out and see if any strike a chord with you and your organization! In the meantime, Fierce Healthcare points out that AI and blockchain…

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Ready For the Next Big ATM Operating-System?

July 24, 2019

Microsoft Corp. will stop supporting its Windows 7 operating system next January, which is a bellwether to both independent operators of ATM machines and large financial institutions — time to update! Digital Transactions reports that independent ATM operators seem to have the upper hand in the conversion race: Independent ATM owners’ decision to eschew Windows…

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Do Faster Payments Spur Healthcare Innovation?

July 18, 2019

As digital payment processes – including instant payments that bypass the need to craft and send checks – take hold in more and more business segments, the world of healthcare is beginning to take notice. The proposition: Can faster, easier, and more convenient payments (made possible by steadily advancing technology adoption) create opportunities for innovation…

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Compliance: The Future Depends on Using Data Better

July 16, 2019

In the banking industry, AML/KYC (Anti Money Laundering and Know Your Customer) was previously a very slow, methodic process — the government would put out their lists of sanctioned bad guys (hostile governments, drug kingpins, organized crime organizations and affiliates, etc.) and compliance teams would then carefully (and manually) check onboarding customers to make sure…

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3 Things Patients Want From Their Healthcare Financial Experience

July 12, 2019

At HITconsultant.net there is an visionary article about customer service in the healthcare sector by Joe Polaris, the Senior VP of Product and Technology at R1 RCM. He opens by drawing an intriguing comparison with booking airline tickets: To book an airline flight, for example, consumers simply open up an app or a website. At…

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Trump Executive Order Demands Healthcare Pricing Transparency

July 3, 2019

We’ve previously noted that the healthcare market is becoming more “retail-like” as consumers desire the ability to shop around for the best possible price tag in an environment dominated by high-deductible healthcare programs. On June 24th, President Trump signed an executive order that he says will make price comparisons easier in the healthcare marketplace, and…

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Patients Are Searching for Healthcare Information From Multiple – and Multiplying – Sources. Are You Ready?

June 27, 2019

OrboGraph’s development and deployment of our own Artificial Intelligence and Deep Learning technologies called OrbNetAI and this year’s OrboGraph Technology Conference theme — 2019: The Year of AI and Modernization — make it clear that we are no strangers to the new frontiers opened up by Artificial Intelligence and Machine Learning technologies in our sector.…

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An Executive’s Guide to Deep Learning

June 11, 2019

Last week’s OrboGraph Conference theme in Charlotte, NC was 2019: The Year of AI and Modernization, and the attendees were treated to a variety of presentations by and interactions with experts on various aspects of Artificial Intelligence (AI) and Machine Learning (ML) – – the Deep Learning topics that are of vital importance to any…

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