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Bain & Company - KLAS Research 2023 HealthTech Report: Key Points for Providers, Vendors & Investors

Lloyd Price

In a survey of 201 US healthcare provider executives conducted in June 2023, 56% of the respondents cited software and technology as one of their top three strategic priorities, compared with 34% in 2022. Providers are investing in RCM software to improve their efficiency and accuracy, and to reduce costs.

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Weekly Roundup – October 28, 2023

Healthcare IT Today

They also discussed the all-important topic of EHR integration. Read more… Going Beyond Visit Summaries Using AI in the EHR. One strategy for building this strength is digitizing and streamlining RCM. RCM vendor Alpha II acquired RCxRules , a revenue cycle automation vendor.

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Bonus Features – November 12, 2023 – 93% of clinicians use RPM in cardiac care rehab, telehealth flexibilities remain in place until the end of 2024, plus 25 more stories

Healthcare IT Today

Studies More than 9 in 10 (93%) of clinicians use RPM technology in cardiac care rehab , according to a survey from Vivalink. The survey also found 56% of clinicians prefer in-home cardiac rehab to clinic-based rehab, and 53% report an increase in patient adherence once RPM is in place.

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Bonus Features – January 15, 2023 – 80% of consumers want a clearer process for dealing with billing errors, USCDI update would add 20 more elements, and more

Healthcare IT Today

A consumer survey from healthcare finance platform Zelis found that 41% of consumers are “significantly frustrated” with billing errors , and 43% of people had to spend at least one month getting a bill corrected. EHR, RCM, and practice management vendor ModMed appointed Jody Beaverson as Chief People Officer.

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Healthcare AI – 2024 Health IT Predictions

Healthcare IT Today

In the spirit of prevention of burn out, where technology can automate administrative burden, make chart reviews more efficient, use ambient listening capabilities to reduce time spent in the EHR will have a positive impact on the clinical burnout epidemic.

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Healthcare AI and Automation: Good or Bad?

Healthcare IT Today

Director of Clinical Strategy at Bluesight AI is helping automate workflows and healthcare in general, especially in areas like drug diversion monitoring and prevention. Traditionally, patient experience has been defined by a paper survey at the end of a visit and employee experience as an annual engagement survey with a myriad of questions.

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Bonus Features – August 27, 2023 – Trilliant Health Opens its National Provider Directory for the First Time Ever, 60% of Patients Trust Independent Practices over Corporate Healthcare, and More

Healthcare IT Today

More than one-third of the 321 participating health system executives are planning to automate two or more RCM or finance functions in 2024 a recent survey by Healthcare Financial Management Association (HFMA) and Eliciting Insights reports. Tapping has been added to the advisory board of Vive Collective, a new investment platform.

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