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Medical Lockbox

Payers & Providers Collaboration Needed to Modernize the Claims Payment Experience

July 28, 2022

According to McKinsey & Company, insurers are much closer to their vision of near-optimal claims processing in 2030 than they were just a few years ago. HealthPayer Intelligence reports that this means commercial health payers can expect the benefits of an integrated, digital claims payment process that benefits every stakeholder. A claims payment solution that…

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Healthcare IT Market Worth $821.1 Billion by 2026

July 21, 2022

According to the new market research report entitled “Healthcare IT Market by Products & Services (Healthcare Provider Solutions, Healthcare Payer Solutions, & HCIT Outsourcing Services), Components (Services, Software, Hardware), End-User, and Region – Global Forecast to 2026″ (download HERE), the global Healthcare IT market is projected to reach USD 821.1 billion by 2026 from USD 326.1…

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Report: Nearly Half of Providers Behind on Revenue Goals Amid RCM Dept. Labor Shortages

July 14, 2022

As inflation soars and pandemic-era aid comes to an end, MedCity News reports that many industries and Americans have been struggling to thrive in the post-pandemic economic landscape. The U.S. healthcare system is not exempt from this state of affairs: Kaiser Permanente recorded a net loss of $961 million in the first quarter Ascension’s net loss was $884.7…

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Update on No Surprises Act & Advanced EOBs: Over 2M Potential Surprise Bills Prevented

June 30, 2022

Early data indicates that the No Surprises Act — signed into law in 2020 and designed to protect against unforeseen charges and escalated bills, and which took effect on January 1, 2022 for most consumers enrolled in individual and group health insurance plans — is delivering on its promise in spite of significant enforcement challenges.…

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OrboNation Newsletter: Healthcare Payments Edition – June 2022

June 28, 2022

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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AI & Machine Learning Technologies Tackling $1 Trillion in Healthcare Administrative Waste

June 23, 2022

In a recent interview with HealthCare IT News, Brian Robertson, CEO of VisiQuate, discussed the challenge of administrative waste in healthcare, particularly in a time when the healthcare industry is stretched thin for resources and experiencing a labor shortage. In the conversation, Robertson discusses how IT tools such as artificial intelligence, machine learning, and revenue…

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Revenue Cycle Leaders Facing Challenges for Second Half of 2022 and Beyond

June 16, 2022

Even before COVID, healthcare financial management was complex and challenging. The new curve-balls being thrown at us by the existence of a pandemic have made it more important than ever to seek and use information gained by others in the industry. Becker’s Healthcare marked the half-way point of 2022 by asking leaders about the biggest…

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Nuance, Health Management Academy Launch Artificial Intelligence Collaborative

June 9, 2022

The importance of artificial intelligence and machine learning deployment across healthcare has been discussed throughout the industry for some time now. We’ve seen, for instance, healthcare and technology stakeholders directly address the chair and vice-chair of the National Artificial Intelligence Initiative Office (NAIIO) via a letter asking that healthcare be included in the scope of its work to…

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How Next-Gen Automation Tech Can Improve Healthcare RCM

June 3, 2022

In an article for MedCity News, Dr. Yan Chow, Global Industry Leader for Healthcare at Automation Anywhere, explores in detail the role of next-generation automation technology in healthcare revenue management. Today, nearly every role in every industry is facing some level of disruption. We are tasked with achieving more with less – less time, less resources,…

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OrboNation Newsletter: Healthcare Payments Edition – May 2022

May 26, 2022

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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