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Modernizing RCM with AI

Industry Outlook: Adoption Progress for Revenue Cycle Automation

August 31, 2021

A major topic within the healthcare industry is revenue cycle automation — particularly with the effects of COVID-19 pandemic pushing employees to remote environments. While there are arguments to be made on what technologies are best suited, it should be relatively clear that the benefits of automation will help propel the industry…or will they?

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OrboNation Newsletter: Healthcare Payments Edition – August 2021

August 27, 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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Industry News: 3M Taps Waystar for Revenue Cycle Automation

August 9, 2021

Healthcare Finance reports that 3M’s healthcare division is partnering with Waystar to implement AI automated revenue capture in its over 6,000 health systems and hospitals in the US. According to the article, 3M will  leverage Waystar’s predictive analytics and machine learning algorithms to analyze historical data, identifying patterns to  pinpoint possible missing charges as well as…

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OrboNation Newsletter: Healthcare Payments Edition – July 2021

July 29, 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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Solving the Remaining 43% Paper Remittance Advice Problem: Hybrid Electronification

July 26, 2021

As we have covered in a previous blog post, the COVID-19 pandemic has acted as the “catalyst” that has spurred healthcare digital transformation. With many non-essential workers being moved to remote environments — possibly permanently — healthcare providers and revenue cycle companies turned to technology to further ensure that revenue cycle continue its operations.

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Advanced EOBs: Don’t Wait to Start Preparing

July 12, 2021

Last week on the OrboNation Healthcare Payment blog, we touched upon the topic of Advanced EOBs — an initiative from The No Surprises Act, which goes into effect January 1, 2022. But what is an Advanced EOB? According to the JDSupra site in collaboration with Holland & Hart, a Law Firm with expertise in healthcare law: Beginning in plan…

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Hospital Denial Rates Exceeding “Denials Danger Zone” of 10%

July 6, 2021

According to a survey conducted in April to May of 2021 by Harmony Healthcare, hospital’s denial rates have reach new highs during the pandemic. As reported by Fierce Healthcare: 33% of the poll’s respondents reported average denial rate exceeding the “denials danger zone” of 10%.

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OrboNation Newsletter: Healthcare Payments Edition – June 2021

June 30, 2021

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

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Revenue Cycle Outsourcing: What Points Do Providers Consider?

June 15, 2021

For Revenue Cycle Outsourcers — RCM companies, clearinghouses, billers, and medical lockbox providers —  the quandry is this: What do healthcare providers evaluate in their decisions to outsource their revenue cycle operations? An article by revcycleintelligence.com cites a report by KLAS on the importance of this decision: “Entrusting your organization’s financial health to a revenue cycle outsourcing…

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M12 — Microsoft’s VC Arm: $21M Investment in Artificial’s Lab Automation Platform

June 2, 2021

Artificial, a software company providing a first-of-its-kind lab automation platform, recently announced the close of $21.5M Series A investment round. The round was led by M12, Microsoft’s venture fund, along with Playground Global and AME Cloud Ventures. “Artificial’s aLab Suite is especially exciting to us because it is uniquely positioned to automate the masses: It’s accessible, low code, easy to use, highly configurable and interoperable with common lab hardware and software,” M12’s Kouki Harasaki said in a statement.

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