article thumbnail

Bonus Features – March 24, 2024 – Data infrastructure investments have 124% ROI, 85% of healthcare workers believe AI can improve the patient experience, plus 28 more stories

Healthcare IT Today

Wellth launched Wellth Northstar to support Medicare Advantage plans aiming to motivate change in hard-to-reach members. Sales Humana tapped DUOS to help the manage the health of veterans in Louisiana with chronic conditions enrolled in Medicare Advantage plans. MultiPlan selected HealthCorum to support provider network optimization.

article thumbnail

Avoiding Red Flags: Finding the Right Productivity Balance

Healthcare IT Today

The following is a guest article by John Wallace, PT, OCS, Senior Vice President of RCM at WebPT. The number of Medicare TPEs and commercial payer take-back audits alone is skyrocketing. They also look to flag “items and services that have high national error rates and are a financial risk to Medicare.” Tricare and Medicare).

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Bonus Features – November 26, 2023 – 85% of healthcare orgs boosting IT spending in 2024, 70% of orgs actively considering generative AI, plus 18 more stories

Healthcare IT Today

This is due in large part to increased expenses (from 25$ for labor to 90% for maintenance) and revenue reductions from denials (more than 20% from commercial plans and nearly 60% from Medicare Advantage plans). RCM is by far the most popular potential use case, with 58% of all considering the use of generative AI there.

eHealth 83
article thumbnail

Bonus Features – August 6, 2023 – 83% of hospitals are collecting SDoH data, 46% of hospitals planning to use large language models in the call center, and more

Healthcare IT Today

Wolters Kluwer and Unbound Medicine released a mobile app that digitizes Lippincott’s Nursing Drug Handbook. Chicago-based RUSH University System for Health chose Cadence for remote monitoring and virtual care for Medicare and Medicaid patients with chronic conditions. Value-based care platform Privia Health named David S.

EHR 89
article thumbnail

Bonus Features – November 19, 2023 – Critical access hospitals 16% less likely to participate in data exchange, two-thirds of orgs plan to increase AI spending by 25% in the next three years, plus 36 more stories

Healthcare IT Today

For example, while 79% of patients trust their doctors and nurses, only 54% of front-line workers trust leaders in their organizations. A Humana study found that Medicare Advantage members covered under value-based care arrangements completed preventive screenings at a 14.6% higher rate than MA members not covered under a VBC model.

eCare 98
article thumbnail

Bonus Features – April 30, 2023 – 68% of providers say improving patient collections is a high priority, hospital expenses have increased 2x the Medicare IPPS reimbursement rate since 2019, and more

Healthcare IT Today

from 2019 to 2022 – or more than double the rate of increase for Medicare IPPS reimbursement (7.5%). RCM vendor medaptus is collaborating with Fresenius Kabi to offer hospitals financial reimbursement software for infusion services. RCM vendor Savista hired Warren Jacobson as Vice President of Client Revenue Cycle.

article thumbnail

Weekender 4/26/19

HIStalk Weekender

Bain Capital hires financial advisors to help it assess the potential sale of RCM vendor Waystar. HHS announces CMS Primary Cares, two value-based care payment models launching in 2020 that it says will cover at least 25% of Medicare beneficiaries and providers. Athenahealth lays off 200 employees. Monday Morning Update 4/22/19.

RCM 33