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The accepted providers have agreed to receive payments tied to the results-based Medicare payment model, which allows healthcare organizations to use digital health tools and integrated services to treat chronic conditions.
After a successful launch in Colorado, the health system said it will add virtual care and digital features in stages across all of its locations, from major hospitals to small rural locations.
Success Stories & ROI
The hospital has continued to see growth in scans at multiple locations – meaning it is holistically seeing more patients who need this essential follow-up care, says its director of advanced cardiovascular imaging.
The artificial intelligence application has led to $9.3 million in claims paid that might have been denied. What's more, the tech has resulted in $871,000 in new revenue for Medicare Severity Diagnosis-Related Group payments.
In a time of "rapid change and uncertainty" the longtime IT and interoperability leader is also hearing lots of questions about e-prior authorization, identity and access management, and getting ROI from compliance investments.
From the custodian to the CEO, everyone is required to take a homegrown course – created with generative artificial intelligence – to prepare for transformation coming to healthcare, the VP of planning explains.
AI & ML Intelligence
Artificial intelligence is a force multiplier for health systems and their RCM professionals, says Noel Felipe, senior vice president and revenue cycle practice leader at Firstsource.
The massive national health system garnered a 14.5 times ROI in the technology – not to mention happier surgeons.
Staff already were familiar with the technology from their smartphones. So far, the health system has not had any downtime, and the technology has operated with 100% reliability.
Dr. Justin Norden works at an all-physician $3 billion assets under management venture firm and shares his views on the state of digital health investing.
