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Healthcare Industry

OrboNation Newsletter: Healthcare Payments Edition – November 2021

November 24, 2021

In case you missed it, over the past month, we have published incredible content on our OrboNation Blog and Modernizing RCM with AI. Review the latest OrboNation Newsletter online or via PDF download.

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The Matrix AI: “Remember, all I’m offering is the truth. Nothing more.”

November 19, 2021

We previously took a look at the similarities and differences between The Matrix experience and OrboGraph’s OrboZone experience. Both offer a truly dynamic experience, so we would be remiss not to take a deeper dive into another key pillar in The Matrix Film Series: The AI driving the Machines. With the release of The Matrix…

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medical billing statement

Modernizing Claims Payment to Improve Member Experience and No Surprises Act Compliance

November 18, 2021

An article at Health Payer Intelligence doesn’t mince words when it comes to the importance of staying technologically up-to-date with healthcare claims processing: Delivering an optimal member experience is key to payer success. Modernizing processes may be what payers need to unlock that door. A recent survey found that payers offering consistent digital member experience services (e.g.,…

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OrboGraph Parent Company KLA Announces Strong Earnings — September 2021

November 16, 2021

KLA Corporation (Nasdaq: KLAC) — parent company of OrboGraph — recently released their September 2021 earnings, announcing that revenue grew 8% sequentially and 35% year-over-year to $2.08 billion, finishing toward the upper end of the range of guidance. About KLA Corporation Expand KLA Corporation (“KLA”) develops industry-leading equipment and services that enable innovation throughout the…

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“No Surprise Act” Could Bring Unexpected Transparency, Innovation to Healthcare Payments

November 12, 2021

We’ve been providing updates on the No Surprise Act (NSA) and Transparency in Coverage rule recently issued by the Biden Administration (NSA transparency rules are already in force for providers, and payer rules are going into effect in 2022) and their potential effects on the healthcare payments industry. While the new legislation will create challenges, Amanda…

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Virtual Experiences: The Matrix vs. #OrboZone

November 5, 2021

With the recently released trailer for The Matrix Resurrections — the fourth installment in The Matrix Franchise — we took at a look at the simulated world created by the machines and compare it to our own simulated world known as #OrboZone.

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Negative Payment Experience: 63% of Patients Willing to Switch Healthcare Provider

November 4, 2021

Anyone who doubts that healthcare expectations have become more and more shaped by mainstream consumer experiences hasn’t been paying attention. PYMNTS.com surveyed 3,546 U.S. adults who have received healthcare services in the last year, and in their report — The Payment Cure: How Improving Billing Experiences Impacts Patient Loyalty — 63% of patients would consider…

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AI: The Boost Needed for Better HC Revenue Cycle Management

October 28, 2021

Analytics Insight examines the emerging and crucial role of Artificial Intelligence in healthcare revenue cycle. They note that RCM has gotten more challenging due to ever-growing claims and healthcare consumer issues, but the three primary factors are increased patient financial responsibility, convoluted payer contracts, the shift to value-based payments,

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OrboNation Newsletter: Healthcare Payments Edition – October 2021

October 26, 2021

In case you missed it, over the past month, we have published incredible content on our OrboNation Blog and Modernizing RCM with AI. Review the latest OrboNation Newsletter online or via PDF download.

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HHS Proposes More Surprise Billing Compliance Rules, Delay in Advanced EOBs

October 14, 2021

The No Surprise Act continues to make waves ahead of its adoption. We’ve reported updates recently related to the challenges ahead for the healthcare industry in complying with the proposed rules, including advanced EOBS. More specifics of the No Surprise Act are now coming into focus. Revcycle Intelligence reports: The NPRM titled “Reporting Requirements Regarding Air Ambulance Services, Agent and Broker Disclosures, and Provider Enforcement” seeks to codify existing penalties in the Public Health Service (PHS) Act for violations of Part E of title XXVII.

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