Healthcare Revenue Cycle Management
Moving from “big data” to “wide data” Visualization of data through DataOps and technology Data Visualization benefits for the Revenue Cycle Management In the digital world, we are seeing tremendous growth and robustness of data being collected through various systems, particularly in healthcare. According to a recent press release from Gartner: By 2020, most data and…
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As the COVID-19 pandemic hopefully continues to subside — and the general population becomes more and more used to social distancing and appropriate use of facemasks — companies that had sent their employees home to work are beginning cautious steps toward bringing a portion of them back to the office. Cerner, for example, has begun…
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In addition to disrupting the lives of nearly every person across the globe, the novel coronavirus has utterly upended physicians’ practices, according to a recent article at RevCycleIntelligence. A survey conducted April 10 to 13 by the Primary Care Collaborative and The Larry A. Green Center found that half of primary care practices are unsure…
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The COVID-19 pandemic has drastically altered the labor landscape. With mandated shutdowns across the country for non-essential businesses to slow the spread of COVID-19, we’ve seen a shift toward working remotely, AKA “work-from-home.” Although official statistics are not readily available, according to Netskope – a provider of cloud security services for Fortune 100 companies –…
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In the era of the coronavirus pandemic, it’s more important than ever for revenue cycle management to operate at maximum efficiency. Many practices are facing economic uncertainty and cannot afford any additional fiscal leakage. Indeed, as recently reported by Healthcare Finance News, waste and inefficiency can be a killer in this environment. How much waste…
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The world continues its effort to flatten the curve of the coronavirus pandemic. Governments have issued stay-at-home orders and have temporarily closed locations of nonessential businesses. PricewaterhouseCoopers recently released survey results that indicate pessimism among CFOs of healthcare organizations and other major companies regarding the impact COVID-19 will have on their bottom lines. As reported…
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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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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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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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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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