Financial/Revenue Cycle Management
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As a result of patients taking on more healthcare costs, revenue cycle teams have had to figure out how to engage them and work more closely with marketing, says Will Reilly, VP of client and consumer marketing at VisitPay.
The radiology provider says up to 5,400 authorizations could be required per day. Automation of the process, while maintaining a human touch, has brought many efficiencies.
Five experts in financial information systems offer insights and tips for launching technology to help drive cost efficiencies and boost hospital bottom lines.
The research firm says 2018 was the busiest in recent years for EHR market flux, and recent purchasing decisions show an evolution in the electronic health record landscape.
Cloud Computing
Frost & Sullivan says the healthcare security space is set for big growth as hospitals recognize new vulnerabilities and vendors innovate their products and pricing models.
Hospitals and health systems are seeing their clinical and operational processes reshaped by the same forces as the rest of the economy, says Deloitte: AI and robotics, automation, virtualization, the 'gig economy' and more.
Starboard, which got two members appointed to Cerner’s board last week, sees the EHR vendor’s business as “highly sticky.”
Advanced Behavioral Health's practice management, billing, scheduling and clinical data collection system has reaped the practice many rewards, including reducing time spent on billing from three hours to 30 minutes per week.
The EHR vendor is also undergoing operational improvement initiatives, officials say.
Among other improvements, the EHR and other systems in the suite enabled Yucaipa Urgent Care to cut patient throughput time from two hours to 30-45 minutes.
