OrboNation Blog
A session entitled “The Mix of IT, Revenue Cycle and Analytics” at the Becker’s Hospital Review Health IT + Revenue Cycle conference in Chicago in October offered insights of healthcare executives discussing the importance and urgency in solidifying partnerships between the IT and revenue cycle departments of a healthcare organization. Panelists present were Shon Brink,…
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Remember “cash, check, or credit card”? Ah, the simpler days of yore. As reported in PaymentsJournal.com, we are experiencing more payments choices at the consumer level than ever before. Indeed, their article starts out with a parade of options: “Swipe, dip, tap. Credit, charge, debit, prepaid, reloadable. Apple Pay, Google Pay, Samsung Pay, Starbucks, Dunkin’.…
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The Medical Lockbox is an essential part of the AR process as it is the first touchpoint where paper-originated insurance remittances, payments, and patient payments are received. However, recent new technologies like AI and Deep Learning are evolving the once legacy system into a high-valued, innovative platform that provides healthcare payments professionals with the ability…
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Just when you thought you heard it all when it comes to financial crimes, here comes … accidental? A Pennsylvania couple thought they were tokens on a Monopoly board when they had $120,000 mistakenly deposited into their bank account. As far as they were concerned, they’d passed “GO” and picked a pretty good Community Chest…
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This summer, price transparency advocates finally made progress with a new executive order on “Improving Price and Quality Transparency in American Healthcare to Put Patients First”. In a RevCycleIntelligence article, several hospitals warned that prices may actually increase with such an order — not surprising, in that reforms many times have unknown ramifications due to…
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Jack Henry & Associates Inc, a provider of technology and payment processing services for the banking industry based in Missouri, recently announced the retirement of their executive vice president and chief technology officer, Mark Forbis. Mark began his career in 1982 with Systemics. He was named vice president and CTO at Jack Henry in 2006…
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Healthcare IT News interviewed key interoperability executives from four high-profile EHR vendors – Cerner, DrChrono, eClinicalWorks, and Epic Systems – and discussed how they address system interoperability and overall health IT interoperability. Epic, for instance, offers its Happy Together feature, which allows patients and providers to see data from multiple sources in a single, merged…
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As technological innovation continues to evolve society, so does the way it affects society’s interaction with businesses, including their banks!
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The healthcare industry contains a number of different standards development organizations (SDOs) which create, define, update, and maintain health data standards through collaborative processes that involve health IT users. SDO’s are well regarded as they promote interoperability and heightened efficiency. However, lack of widespread adoption and use lessen the effectiveness of existing standards, according to…
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The US real-time payments network currently reaches about 50% of the population, and was on track, via private sector channels, to provide complete coverage by the end of next year, as noted in an article at Forbes.com by Ike Brannon, a senior fellow at the Jack Kemp Foundation.
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