Healthcare IT Today

DECEMBER 20, 2024

AI is becoming an essential tool in healthcare and is being leveraged to create new efficiencies this includes better documentation, streamlined data extraction, and predictive modeling that contribute to enhanced clinical efficiencies and higher-quality care. However, a strong foundation is crucial before leveraging such innovations.

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Healthcare IT Today

MARCH 15, 2025

Another topic for the experts in the Healthcare IT Today community highlighted AI use cases such as RCM automation, diagnostic efficiency, clinical documentation, and predictive analytics. Read more… When Numbers Talk: Bridging Gaps in Healthcare Leadership.

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Healthcare IT Today

JULY 30, 2024

Revenue Cycle Management (RCM): The Strongest Use Case of GenAI in Healthcare The financial backbone of healthcare, RCM, entails everything from payments and pre-authorization before treatment to reimbursements, compliances, and interoperability with other systems. Unsurprisingly, GenAI in healthcare is expected to reach USD 22.1

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Healthcare IT Today

OCTOBER 28, 2024

You could see that eCW had put a lot of focus on improving the speed of documentation including number of clicks and time spent documenting. I think time spent documenting matters a lot more than clicks even if clicks are often cited as the problem. It literally showed how much time was spend after hours documenting.

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Healthcare IT Today

AUGUST 7, 2024

Making well-informed decisions is very important in the healthcare space, especially for areas that are necessary for your organization to function, like revenue cycle management (RCM). Here’s how: Unmasking Hidden Trends: Data analytics can analyze vast amounts of RCM data to identify trends and patterns invisible to the naked eye.

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Healthcare IT Today

AUGUST 9, 2024

We’re moving away from a world where people need to spend countless hours combing through medical documents to manually extract key information to put into a prior auth or other encounter. Ultimately, the integration of true AI and machine learning in RCM contributes to greater accuracy, reduced denials, and a better patient experience.

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Healthcare IT Today

DECEMBER 23, 2024

Providers are saving more than two hours daily on clinical documentation, improving efficiency and the quality of notes. AI medical scribes have transformed patient visits by silently working in the background, turning patient-provider conversations into draft clinical documentation, and drastically helping alleviate burnout.

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Healthcare IT Today

AUGUST 12, 2024

Andy Adams, Managing Director, Performance Improvement and Advisory Services at Nordic Consulting The transition to value-based care (VBC) requires a fundamental shift in RCM practices to align with new payment models that prioritize patient outcomes and quality over volume.

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Healthcare IT Today

OCTOBER 30, 2023

By adding Corridor to its portfolio, WellSky will expand its medical coding and revenue cycle management (RCM) offerings to help care providers increase efficiency and improve performance across clinical, financial, operational, and compliance areas. For more information visit corridorgroup.com.

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Healthcare IT Today

AUGUST 7, 2024

By automating charge capture through integrated documentation and order entry, and utilizing sophisticated rules engines for claim creation, these systems can significantly reduce administrative burdens. Intuitive tools that minimize context switching help healthcare providers maintain focus, thereby decreasing confusion and errors.

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Hinduja Global Solutions

FEBRUARY 8, 2021

For better RCM, prioritize people and track with technology. Proper revenue cycle management (RCM) involves careful documentation of the entire patient journey, from pre-registering through payment collection. Across the healthcare industry, health information mismanagement is causing a loss of millions of dollars each year.

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Healthcare IT Today

JUNE 8, 2024

This workflow should make both clinical and security leadership happy. When it comes to bringing AI to RCM, Austin Ward at Fathom recommended organizations consider automation rate, accuracy, EHR compatibility, adaptability, scalability, and vendor support. Read more… A Robot for Healthier, Happier Aging.

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Healthcare IT Today

FEBRUARY 27, 2023

The market will see increased asks/attention for bots as they are critically needed in RCM to offset staff shortage, enhance staff retention, and accelerate tasks (ultimately cash flow). The World Health Organization estimates that up to 50% of all medical documentation mistakes result from administrative errors.

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Healthcare IT Today

FEBRUARY 26, 2025

Complex claims require deep knowledge of specific payer guidelines, state regulations, and documentation requirements that no single organization can realistically maintain across all areas. At the heart of successful collaboration is specialized expertise, which most health systems are challenged to provide.

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Healthcare IT Today

FEBRUARY 21, 2024

Joseph’s , recently sat down with Healthcare IT Today to discuss the revenue cycle management (RCM) improvements her team has made. Efficient RCM Processes are Critical Dr. Kushner has a passion for RCM. What attracted me to this product was the partnership that AGS Health offered,” explained Dr.

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Healthcare IT Today

JANUARY 15, 2024

Because many people don’t proclaim themselves as medical tourists on travel documents, reliable statistics on the prevalence of medical travel are scarce. Most often, the resulting document is a PDF file that’s transmitted to the payer. But the U.S. has been named the top worldwide medical tourism destination.

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Healthcare IT Today

MAY 30, 2024

From financial clearance and prior authorizations to clinical documentation, coding, billing, and denials management, intelligent automation is helping healthcare providers combat payer policies and avoid regulatory penalties that can negatively impact their margins and ability to reinvest money toward the primary mission of care.

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Healthcare IT Today

JULY 18, 2024

To work a claim and determine the next step, service agents typically review the account’s history and research multiple payer documents (clinical and administrative policies, contracts, electronic/non-electronic correspondence, etc.).

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Healthcare IT Today

DECEMBER 15, 2024

Other key data points from the survey help to explain AI’s value proposition: Roughly 60% of clinicians spend more than five hours a week on documentation, and 35% need at least one day to pull medical records from other facilities. South Dakota-based Sanford Health selected Availity Essentials Pro for RCM.

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Healthcare IT Today

FEBRUARY 9, 2024

These can look at EHRs and patient directories, or analyze 60-70 pages worth referral documents to identify the need for financial planning. Middleware systems that currently have only rudimentary, rule-based quality checks can be enhanced with sophisticated quality checks.

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Healthcare IT Today

MARCH 22, 2024

Learn more about Medvise.ai: [link] Check out other articles in our ambient clinical voice series: Context Makes Innovaccer More than a Note Generator How Comprehend PT Takes Clinical Notes Our of Physical Therapists’ Hands Sunoh’s Ambient Clinical Voice Automates Clinician Note Creation Corti Becomes Part of the Conversation Nuance Is Setting the (..)

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Healthcare IT Today

JULY 12, 2024

That’s one are of importance for us and we’re also excited about ways to support the physician documentation to get it right the first time with gentle nudges that are helping to support complete and accurate documentation. We try to provide as much value and ROI as possible to them.

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Healthcare IT Today

JANUARY 10, 2024

This frees up staff to focus on more complex and strategic aspects of RCM. In the same study, nurses expressed that documentation, or “hunting and gathering” takes up about 15% of their time during a shift, rather than patient care. Tech and digital solutions can help reduce this burden on nurses’ time.

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Healthcare IT Today

JUNE 6, 2023

The involvement of executive leadership and the establishment of a culture of transparency and accountability are key factors in the success of revenue integrity initiatives. They should be documented and communicated to all staff members who are involved in the revenue cycle.

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Healthcare IT Today

JULY 29, 2023

Data lineage tools document the source, accuracy, and flow of regulated healthcare data – a key step in ensuring compliance and minimizing the impact of a data breach, noted Ernie Ostic at Manta. Read more… Healthcare Needs More Gender Diversity in Leadership. based EMR, RCM, and practice management assets to N.

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