Healthcare IT Today

NOVEMBER 20, 2023

New Capital Positions Cantata to Accelerate Growth as Behavioral Health Providers Look to Replace Aging EHRs TT Capital Partners (TTCP) today announced a majority investment in Cantata Health Solutions , a leading provider of healthcare technology solutions for providers of behavioral health, human services, acute care, and post-acute care.

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Healthcare IT Today

JULY 25, 2023

(CloudMD) , an innovative health services company transforming the delivery of care, today announced that it has closed the sale of its U.S.-based based Electronic Medical Records (EMR), Practice Management (PM), and Revenue Cycle Management (RCM) assets for approximately US$6.3

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Healthcare IT Today

JANUARY 9, 2023

RSi Chief Executive Officer Brent Rollins remarked on the news, “RSi’s leadership team and Invicta’s leadership team have been acquainted for many years. Along the way, the company has developed clientele that expands beyond healthcare systems and hospitals to include other larger revenue cycle service providers.

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Healthcare IT Today

JULY 29, 2023

Read more… Healthcare Needs More Gender Diversity in Leadership. From leadership roles to clinical trial participants, women are underrepresented across the board in the industry – and this is bad for both patient and corporate outcomes , according to Dr. Erica Barnell at Geneoscopy. million in seed funding.

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Healthcare IT Today

JANUARY 15, 2024

Medical travel accounts for nearly 2% of all tourism to America, a $4 billion industry. Hospitals Explore RCM Technologies Across the board, claim rejections are growing by number and amount, which is putting a squeeze on accounts receivable and provider cash flow.

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Healthcare IT Today

MARCH 19, 2023

A survey from the Health Management Academy and Outbound AI reported that almost half (48%) of health systems are using AI technology for workforce management , and 85% expect to see a moderate to significant increase in the use of such tools in the next one to three years. Healthcare is one of six industries featured at the event.

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Healthcare IT Today

JUNE 30, 2022

The upside of adopting technology for RCM can be significant: A drop in DSO (days sales outstanding). One technology in particular is proving to be very effective for RCM improvement – data analytics. Why communication from leaders remains key to RCM improvement. How executives can make work-from-home for RCM staff work.

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Healthcare IT Today

DECEMBER 4, 2022

The latest healthcare industry financial benchmark from Syntellis found that hospital margins remain in the red , at -2%, but a drop in expenses per discharge and a rise in outpatient revenue suggest that pressure may be easing. That’s significantly more than the 19% of Americans who have a diagnosed anxiety disorder.

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Healthcare IT Today

JUNE 27, 2023

So with all of these incredible innovations, let’s take a moment to narrow our field down to Revenue Cycle Management (RCM). How can we be using technology to optimize RCM? And even more specifically, what role can data analytics and AI play in optimizing RCM? We would love to hear from all of you as well!

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Healthcare IT Today

JANUARY 10, 2024

As we kick off 2024, we wanted to start the new year with a series of 2024 Health IT predictions. This frees up staff to focus on more complex and strategic aspects of RCM. Additionally, hospitals and health systems will explore new training and upskilling programs to ensure teams are ready for the influx of automation.

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Healthcare IT Today

FEBRUARY 13, 2023

We also ask Mizell how technology has helped and hurt healthcare in her decades of experience in the industry. Finally, she gives some great advice for those who are just coming up in the industry. You’ve had decades of experience in the industry, how has technology helped and how has it hurt us? What prompted the effort?

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Healthcare IT Today

APRIL 6, 2023

At the recent ViVE2023 event we had the opportunity to sit down with industry leaders to discuss a number of important technologies, challenges, and opportunities. Check out the following interviews with KeyBank , Clarify Health , Esri , and Xealth.

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Healthcare IT Today

OCTOBER 5, 2020

According to a recent Global Industry report, the telehealth market expanded from $45 billion […]. Now that COVID-19 has triggered an explosion of telehealth, more clinics are recognizing virtual patient care as an essential aspect of the integrated care model.

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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. Steps to Implementing a Successful Revenue Integrity Program Implementing a successful revenue integrity program requires a multidisciplinary approach.

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Healthcare IT Today

JULY 1, 2022

Rod Nicholls from Knowtion Health really hit home on this point in this video we did together. I think this is a glimpse at the future of health IT. This has led to a real need to use technology to do more with less and to outsource many functions since many organizations just can’t find the people to do the work.

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Healthcare IT Today

JULY 13, 2023

For those in the healthcare industry who have been hesitant about implementing technology due to fears about replacing workers, the current staffing shortage may be the catalyst they need to change.

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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

OCTOBER 6, 2023

Theresa Lanowitz, Head of Evangelism at AT&T Cybersecurity The healthcare industry is continuing to make moves to transform digitally. During this time, seeking input from industry peers and engaging external expertise to identify vulnerabilities can help prevent costly mistakes and accelerate deployment.

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Healthcare IT Today

JANUARY 2, 2023

2022 Predictions for Remote Patient Monitoring (RPM) and In Home Care – I know not everyone enjoys predictions, but the fact that last year’s prediction did so well means that people like them more than I realized which is good since we just started our 2023 Health IT Predictions. AI and Automation in RCM is All About Balance.

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