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OrboNation Blog

Deloitte Describes 3 Ways Blockchain Might Boost Hospitals Within Ten Years

October 12, 2017

Becker’s Hospital Review links to a neat and tidy summation of a comprehensive Deloitte report that examines the digital hospital of tomorrow. As we’ve discussed in this space previously, blockchain technology is poised to boost hospital operations in the foreseeable future. The three takeaways Becker’s extracted from the report in terms of specific ways blockchain tech…

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Want More Payment Data? How About 2243?

October 10, 2017

The PYMNTS-Ingo Money Disbursement Satisfaction Index™ is an impressive research document summarizing payments. If you’re a banker, product manager, solution provider, or anyone interested in payments, the 2,243 data points might interest you! There is certainly an anti-check tone to the initial sections, but overall the data is very interesting. Check out pages 8-21 for a…

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healthcare rcm

Payers Pressuring Providers for Robotic Process Automation (RPA)

October 5, 2017

A deep dive into revenue cycle issues in an article by Healthcare Informatics reveals a need for scale and cost reduction through process automation. “Commercial payers want more automation. The biggest movement we’ve seen in the past 12 months is a willingness to move ahead with electronic processing for pre-authorization for service. More recently, we’re seeing…

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check processing

“My eyes popped out of my head”; Checks Still Have Life

October 4, 2017

Brad Kvederis, marketing and research manager at Digital Check Corp., a Northbrook, Ill.-based marketer of check-scanning equipment, makes it his business to keep tabs on trends in overall check volume. He tells Digital Transactions News that he was “surprised” by the longevity checks have in spite of so many predictions of their demise: Kvederis points to a succession…

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doctor

Revenue Cycle Management Moves to Head of the Class

September 21, 2017

RevCycleIntelligence reported on a Black Book Market Research survey that revealed a resurgence of focus on the revenue cycle by hospitals: Almost three-quarters of struggling hospitals are prioritizing revenue cycle management over a number of initiatives, including population health, data analytics, physician practice acquisitions and recruitment, and patient engagement. The survey of over 6,000 financial and business…

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API Driven Solutions Enable Banks Anywhere

September 19, 2017

Application Programming Interfaces (API) are the backbone to connectivity between applications both across the web, as well as internal to banks. Check out this cool little YouTube Video to illustrate. OrboGraph’s greatest successes in banking have been due to our API methodology. It has given our business partners and direct clients the ability to embed…

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Brush Up Before Becker’s Conference: 25 Things to Know About RCM

September 14, 2017

If you’re going to the Becker’s Hospital Review 3rd Annual Health IT + Revenue Cycle Conference next week in Chicago, better brush up on the top industry topics. Check out Becker’s Hospital Review list of 25 things to know about revenue cycle management.  The article was written in January, but still highly useful as it’s interesting to see…

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What’s Happening with Check Fraud Trends?

September 11, 2017

We’re looking for a few good fraud prevention men and women…do you know of any? We’ve been hearing from banks and credit unions that financial crimes using check payments have changed in 2017. After each discussion, the conversation almost always ends with, “so what are other banks or credit unions my size experiencing?” The last…

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Healthcare Moving to the Cloud – and Out of “Dark Ages”

September 7, 2017

A recent report available for purchase from Forrester Research (and summarized at Healthcare It News) says that healthcare specific developments from cloud service providers are in the process of ending the “dark ages” of health IT. From the report: The enterprise health cloud market is growing in large part due to healthcare CIOs increasingly realizing that…

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orbonians

Want to Improve Online Banking? Add These Features!

September 5, 2017

The adoption of online banking, now incorporating mobile, has become a staple for the industry over the past couple of years. However, the online experience can vary greatly based on what features are offered from each financial institution. One area which has not received its share of improvements are value-added features for check-type payments. The…

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