Artificial Intelligence and Deep Learning
Artificial Intelligence has made waves in a stunning variety of businesses, and Healthcare Revenue Cycle Management is certainly no exception. Over the past year, we have covered many different angles in our Modernizing RCM with AI and our OrboNation Healthcare Blog, including:
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Even as we see our industry create and adopt newer and better, more precise tools for improving check processing and preventing fraud (we proclaimed 2019, remember, the Year of AI and Modernization), it’s important to be aware of how to most effectively integrate new technology the current ecosystem in a manner that maximizes return on investment.
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More than ever before, the healthcare industry is forced to maintain spartan budgets — even as an unprecedented pandemic puts stress on all aspects of the industry. In a HIMSS20 digital presentation, Mark Morsch, vice president of technology at Optum360, cited data indicating a huge hole in efficiency — as much as $200 billion in administrative waste due to inefficient revenue cycle practices.
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It’s a safe bet to say that making a … safe bet during an unprecedented pandemic is not the easiest thing in the world. All the same, Becker’s Health IT got 20 healthcare executives and leaders to commit to posterity one health IT industry prediction for the next five years, and the answers are interesting,…
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Predicting an economic recovery in today’s COVID-19 environment is far more complex than reading traditional individual economic indicators. As seen by the recent run in the stock market, there are certain market components somewhat disassociated from traditional indicators, i.e. unemployment rate, GDP growth, etc.
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In a little over a month, OrboGraph will host the ORBOIMPACT Virtual Conference: AI Innovation for Check Payments, Check Fraud, and Healthcare Remittance Automation.
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In a little over a month, OrboGraph will be hosting it’s first virtual conference since 2014: ORBOIMPACT Virtual Conference: AI Innovation for Check Payments, Check Fraud, and Healthcare Remittance Automation.
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Revenue Cycle of the Future…something we have heard on several occasions. But what does it actually look like? In a recent article, HealthLeaders highlights a roundtable discussion sponsored by our friends at Waystar, bringing together a group of leaders in revenue cycle management to gather their thoughts on what they believe is important for the revenue cycle of the future.
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The healthcare industry is fraught with terminology that probably makes your head spin. Not only do you have to deal with the number of acronyms popping up each day, but for revenue cycle management, you also have to learn new terminology when it comes to technology. One of the questions we field on a regular basis: What is the difference between digitization and electronification?
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Alpha Health recently released results of a national survey designed to examine and assess the impact of COVID-19 on revenue cycle operations at health systems and hospitals across the U.S. The survey was fielded between May 19, 2020 and June 22, 2020 among 587 chief financial officers and revenue cycle leaders at hospitals and health systems across the United States. The survey has a confidence level of 95 percent with a margin of error of plus or minus 5 percent.
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