Financial/Revenue Cycle Management

As hospitals and ambulatory sites grapple with the challenges of quality improvement, value-based care, cybersecurity and more, the size and shape of the workforce is changing as technology and imperatives evolve.

The CEO says cash raised by the stock offering will help broaden the analytics and data capabilities it can offer its payer and provider customers – and drive innovations in AI, blockchain, robotics and more.

It also eliminated 10 hours of reminder phone calls and increased payment of old accounts by 15 percent, Salt Lake Retina reports.

The tool can help health systems optimize submissions and better predict potential issues with claims, the company says, giving recommendations to help mitigate denials before they're submitted.

A new study from the company explores the ways its algorithms can be put to work improving risk scoring and stratification and enhance value-based care initiatives.

Established firms have good track records, but there are high-performing developing companies, too; as providers tackled bigger strategic initiatives beyond mere EHR rollouts, they need to weigh how much they value experience and performance, a new report shows.

And benefits extend into areas it has not yet been able to quantify. For instance, the physicians group anticipates increased savings created by the filling of appointment slots that more quickly opened due to the technology.

Among other things, the technology has helped the hospital achieve a $3 million reconciliation payment annually for one CMS bundle alone.

Developed by Pensiamo, the CognitiveRx tool monitors market demand and uses machine learning to help maintain inventory levels during drug shortages.

These payments could be affecting the healthcare decisions made by non-prescribing healthcare professionals like nurses, according to a new study from the University of Sydney.