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For hospitals, it costs $181 on average to appeal a single claim. Further, many incorrect denials go unappealed by hospitals due to the time and energy required to appeal them. Denials continue to plague the healthcare industry, compounding the already complicated payment model.
News and Studies The National Institutes of Health’s Advanced Research Projects Agency for Health (ARPA-H) launched the Universal Patching and Remediation for Autonomous Defense (UPGRADE) program with $50 million in funding to develop tools for hospital IT teams to enhance cybersecurity measures and combat ransomware.
Finally, Qure4u helps care providers navigate the complicated labyrinth of RCM payments and incentives offered through CMS, state Medicaid programs and private payers’ value-based care contracts, the vendor said. Somatix markets SafeBeing, which is a wearable, AI-powered, remote patient monitoring system for healthcare providers.
Coming back full circle, there is still going to be a market for community hospital IT software but it will be one that is in long-term decline and largely a maintenance market that lives of the 16-20% annual software and maintenance feeds vendors charge (more if they host it). Smartfood99 ).
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