Industry News- HC
Having already announced our client and partner virtual technology conference in late September, OrboGraph has completed it’s speaker line-up for the ORBOIMPACT conference for the afternoons of October 29th and 30th (see agenda here). Day 1 (Thursday, Oct. 29): Healthcare Payments Sessions Day #1 is highlighted by Keynote speaker Mr. Michael Manna at 12:15 PM ET. During the…
Read More
A survey conducted through the Healthcare Financial Management Association’s (HFMA) Pulse Survey program and sponsored by Alpha Health provides intriguing insights into the direction of the new reality of RCM. The purpose of the survey — conducted between May 19, 2020 to June 22, 2020 — was to assess the impact of COVID-19 on revenue…
Read More
In a little over a month, OrboGraph will host the ORBOIMPACT Virtual Conference: AI Innovation for Check Payments, Check Fraud, and Healthcare Remittance Automation.
Read More
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.
Read More
With the myriad of buzzwords and technologies swarming the healthcare industry, especially in revenue cycle management, it have even more difficult for many to understand and identify which technologies are the most useful for their particular business or process. Fear not, we are here to help cut through the clutter and clarify a topic that has cause much confusion: What is the difference between Robotic Process Automation (RPA) and Artificial Intelligence (AI)?
Read More
The New Yorker Magazine takes a close look (via Clifford Marks, an emergency-medicine resident at the Icahn School of Medicine at Mount Sinai) at how primary care practices and physicians are taking it on the chin due to the effects of the Coronavirus pandemic.
Read More
In an environment challenged by Coronavirus, the already significant problem of healthcare fraud is more harmful than ever. Blue Cross Blue Shield reports: The National Heath Care Anti-Fraud Association estimates conservatively that health care fraud costs the nation about $68 billion annually — about 3 percent of the nation’s $2.26 trillion in health care spending.…
Read More
RevCycleIntelligence.com cites a Commonwealth Fund study that shows outpatient visits for more than 50,000 providers declined by nearly 60 percent in mid-March when COVID-19 began to take hold, and the volumes have remained low through mid-April. Stay-at-home orders, of course, had much to do with the sharp downturn. Similarly, hospital visits also saw a substantial…
Read More
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 –…
Read More
While the “Hot Spots” of the Novel Coronavirus dominate mainstream media — many of these locations being densely populated cities and urban communities — it is important to shine a light on the how rural hospitals are being impacted. These rural hospitals and healthcare providers are still feeling the impact as resources are less abundant…
Read More