OrboNation Newsletter: Healthcare Payments Edition – December 2021
2022: Seven Predictions for Healthcare
With the final days of 2021 winding down, Fierce Healthcare has interviewed more than two dozen healthcare stakeholders to provide their 7 predictions for healthcare in 2022.
A common theme throughout these predictions is the prominence of technology. This includes the topics of automation, the importance of clean data, and meeting patient's demands....
Oracle to Acquire Cerner For $28.3B
Big news in the healthcare and technology industries comes our way via press release: Oracle Corporation (NYSE: ORCL) and Cerner Corporation today jointly announced an agreement for Oracle to acquire Cerner through an all-cash tender offer for $95.00 per share, or approximately $28.3 billion in equity value...
The Future of Interoperability, According to Healthcare IT Leaders
Interoperability continues to be a point of emphasis in the healthcare industry., particularly when it comes to revenue cycle management. We can better understand the topic by looking at the direction healthcare organizations and their leaders are heading. As a part of their feature…
The No Surprises Act: Advanced EOBs on the Horizon
The No Surprises Act -- which is part of the Consolidated Appropriations Act introduced earlier this year -- is a pretty straightforward proposition: It is designed eliminate some of the surprises that group health plan participants encounter from unexpected charges...
Automation for Healthcare: Using AI to Extend Your EHR Data’s Value
Earlier this week Dr. Bob Wachter, the Chair of Medicine at UCSF and author of New York Times bestseller The Digital Doctor: Hope, Hype and Harm at the Dawn of Medicine’s Computer Age, shared a discussion with Dr. Muthu Alagappan...
Healthcare Tech Outlook: OrboGraph Recognized as Top 10 Healthcare Interoperability Solutions Provider
In the recent October 2021 edition of Healthcare Tech Outlook magazine, OrboGraph has been recognized as a Top 10 Healthcare Interoperability Solution Providers. This is an honor that is awarded annually to companies that are at the forefront of providing healthcare interoperability solutions and positively impacting the industry.
Industry News: 3M Taps Waystar for Revenue Cycle Automation
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…
Despite Challenges, RCM Technology Leaps Ahead During Pandemic
RevCycleIntelligence reports on a new survey that shows about three-quarters of hospitals and health systems in the US deployed revenue cycle management (RCM) technology or underwent active technology deployments during the COVID-19 pandemic. The survey polled…
Revenue Cycle Outsourcing: What Points Do Providers Consider?
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…
M12 — Microsoft’s VC Arm: $21M Investment in Artificial’s Lab Automation Platform
Artificial, a software company providing a first-of-its-kind lab automation platform, recently announced the close of a $21.5M Series A investment round. The round was led by M12, Microsoft’s venture fund, along with Playground Global and AME Cloud Ventures...
How Automation is Key to the Future of Healthcare Operations
An excellent article by Giri Rajaiah, Executive Leader and Vice President for Global Healthcare and Life Sciences at DISYS, takes a look at how automation is absolutely essential to any healthcare organization that wants to remain relevant in today's -- and...
Deloitte Prediction: Finance a Key Factor in Driving 85% of Future Healthcare Revenues
A recent article from RevCycleIntelligence.com focuses on a new report published by Deloitte — and the predictions are a stark contrast to the current business model for healthcare. In a new report, experts estimated that healthcare spending will be $83 trillion by 2040...
Change Healthcare Research: AI to Become Widespread in Hospital Revenue Cycle by 2023
In a recent press release, Change Healthcare has released findings from their Poised to Transform: AI in the Revenue Cycle — a national study of 200 revenue cycle, IT, finance, and C-suite decision makers commissioned by Change Healthcare...