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Medical Lockbox

Wearable Tech: A Boost for Healthcare Payments?

November 13, 2020

The healthcare market anticipated some turbulent times, speculating about what uncertain future was in store while the Coronavirus was “spinning up.” For example, John Talaga, executive vice president and general manager, healthcare at Flywire, predicted that at least some of Flywire’s healthcare clients might face a 30 percent revenue shortfall this year. In a story at pymts.com, Mr Talaga was happy to admit he was a bit too pessimistic.

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Huron 2020 Healthcare Executive Research Reports Shift in Executive Priorities

November 5, 2020

Group, and Studer Education, recently released research results that reveal how COVID-19 is shifting the priorities of Healthcare industry executives (you can download their study here without having to provide any information).

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ORBOIMPACT Speakers Promise to Deliver

October 22, 2020

Hopefully you’ve already registered for the ORBOIMPACT VIRTUAL CONFERENCE scheduled for October 29th and 30th. If not, what are you waiting for?

ORBOIMPACT will explore AI innovation in the fields of check payments, check fraud, and healthcare remittance automation. The event is FREE and is accepting a limited number of virtual attendees , so register today if you haven’t already!

Check out our star-studded lineup of speakers!

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ORBOIMPACT Spotlight: AI-Enabled Electronification

October 15, 2020

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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AI is the Secret Sauce for Reducing Administrative Waste in RCM

October 9, 2020

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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Healthcare Leaders: COVID Accelerating Advancements in Healthcare Technologies

October 1, 2020

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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ORBOIMPACT: Virtual Conference for RCM Electronification via AI

September 29, 2020

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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Expert Advice for the Revenue Cycle of the Future

September 18, 2020

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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Survey: Five Ways COVID-19 is Impacting Revenue Cycle Operations

September 3, 2020

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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Automating the Revenue Cycle: Give Time Back to Staff & Cut Costs

August 27, 2020

A common misconception, especially in revenue cycle management (RCM), is that automating processes by integrating technologies like Artificial Intelligence and Machine Learning technologies will replace employees and eliminate jobs. This perception can be traced all the way back to when machines replaced labor in many manufacturing jobs like the automotive industry and is continually being fueled by the media with the story lines such as AI-powered trucks will replace truck drivers.

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