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The following is a guest article by Muhammad Shujja, Digital Marketing Lead at AltuMED Artificial Intelligence is making waves by redefining processes and streamlining operations in the evolving healthcare industry. One area that has specifically benefited from AI integration is medicalbilling. And it is just the beginning.
Each week, we’ll be providing a look back at the articles we posted and why they’re important to the healthcare IT community. Read more… Balancing AI and Humans in RCM to Produce Clear ROI. Read more… Funding and M&A Activity: Autonomous medical coding product Nym announced a $47 million growth investment.
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The following is a guest article by Ravinder Singh, Senior Vice President, Consulting at CitiusTech In recent years, Generative Artificial Intelligence (GenAI) has passed medical exams , diagnosed complex cases, and even come up with ways to combat a pandemic. Unsurprisingly, GenAI in healthcare is expected to reach USD 22.1
This article is copyrighted strictly for Electronic Health Reporter. Kareo will now fulfill the growing demand for outsourced medicalbilling services exclusively […]. The article Kareo Sells Managed Billing Services Business appeared first on electronichealthreporter.com. Illegal copying is prohibited.
The following is a guest article by Brian Doyle, SVP at Rectangle Health Recent cyberattacks in the industry caused significant disruptions in healthcare claims processing and billing, impacting physicians, patients, and insurers. Compassionate Approach Patients facing medicalbills can feel anxious.
The following is a guest article by Pete Heydt, President at Patient Pay Ninety-five percent of healthcare leaders expect outpatient volumes to increase, with many anticipating increases of 10% or more this year, a recent survey found. That’s one reason why self-service options for account management are critical.
Each week, well be providing a look back at the articles we posted and why theyre important to the healthcare IT community. Read more… Harnessing AI for Smarter MedicalBilling. Lohith Reddy at Exdion Health outlined AI’s role in addressing the unique RCM, staffing, and care quality needs of urgent care centers.
The following is a guest article by Chris Klitgaard , Founder and CEO at revology According to research by the Alliance for Lifetime Income, 4 million Americans will turn 65 this year and annually through 2027, led by retiring Boomers. Whats needed is a revolution, and revenue cycle management (RCM) technology is turning the tables.
This article will be a weekly roundup of interesting stories, product announcements, new hires, partnerships, research studies, awards, sales, and more. EHR and RCM vendor Raintree Systems announced two executive appointments : Vu Nguyen was hired as Chief Product Officer (CPO), while Scott Rongo was promoted to Chief Revenue Officer.
Each week, we’ll be providing a look back at the articles we posted and why they’re important to the healthcare IT community. Bonus Features for October 29, 2023: 66% of patients prefer email or text for reminders about medicalbills, plus 94% of clinicians said lack of timely access to insights within EHR impacts patient care.
The following is a guest article by Amit Kayaker , Vice President Commercial Development at Fathom. Earlier this year, the American Medical Association (AMA) released its CPT Evaluation and Management (E/M) Code and Guideline Changes for 2023. . What’s Changing? .
Each week, we’ll be providing a look back at the articles we posted and why they’re important to the healthcare IT community. Read more… A Look at RCM, AI, and a New Book Called Joy Notes. About 40% of Americans owe money on medicalbills. Welcome to our Healthcare IT Today Weekly Roundup.
The following is a guest article by Richard O’Rourke, Senior Vice President of Sales and Client Relations at Nordis Technologies In a landscape where patients are responsible for an ever-growing share of healthcare costs, traditional billing practices are falling short as consumers fall farther behind on their payments.
The following is a guest article by Mark Spinner, President and CEO at AccessOne. It takes about three paper statements , on average, for consumers to pay their medicalbills. Just three years ago, 90% of healthcare organizations relied on paper-based billing statements.
This article will be a weekly roundup of interesting stories, product announcements, new hires, partnerships, research studies, awards, sales, and more. Partnerships Fintech company Cedar is working with Google Cloud to build AI-powered tools to hep patients understand medicalbills.
The following is a guest article by Connor Accurso , Data Science Senior Product Manager at R1 The pressures on healthcare providers – from labor shortages to rising costs to reimbursement delays – continue with little relief in sight.
The following is a guest article by Tom Magnotta, COO & President at Apixio Albert Einstein famously said , “Whoever is careless with the truth in small matters cannot be trusted with important matters.” It’s estimated that up to 80 percent of medicalbills contain errors amounting to billions of dollars that are lost annually to payers.
The following is a guest article by Tom Furr, CEO at PatientPay Forty percent of U.S. hospitals are losing money, a Kaufman Hall analysis shows, even at a time when overall hospital margins are growing. Among them, community and rural hospitals are taking the worst hit.
Each week, we’ll be providing a look back at the articles we posted and why they’re important to the healthcare IT community. Analytics Will Help Amazon (Eventually) Benefit From the One Medical Acquisition. Medicalbilling analytics startup AESOP Technology raised a $2.95 Funding and M&A Activity: With $2.3
Each week, we’ll be providing a look back at the articles we posted and why they’re important to the healthcare IT community. Analytics Will Help Amazon (Eventually) Benefit From the One Medical Acquisition. Medicalbilling analytics startup AESOP Technology raised a $2.95 Funding and M&A Activity: With $2.3
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