As providers seek resolution of continuing Change Healthcare issues, UnitedHealth Group reports strong financials
The aftermath of the Change Healthcare cyberattack affected the second-quarter financials of parent company UnitedHealth Group (UHG), but not to the point of hindering the company’s continued “diversified and durable growth,” CEO Andrew Witty said during a recent investor call. Q2 revenues increased by 6% year-over-year, while profits dropped by 5.5% amid costs stemming from…
What have we agreed to? Cutting the knot with AI
In ancient Greek legend, the Gordian knot was a knot of extreme complexity that tied an oxcart to a post. Whoever could untie the knot was destined to become the ruler of Asia. By a popular account, when Alexander III of Macedonia (later Alexander the Great) was challenged to untie the knot, he came up…
The surest bets from HFMA’s Annual Conference in Las Vegas
Laxmi Patel from Savista discusses the potential for AI, and Kevin Hidenfelter from Millenia shares insights about generational payment preferences in interviews conducted live at HFMA's Annual Conference in Las Vegas.
Massive CrowdStrike crash poses big issues for hospital and clinic operations
July 22 updates With scattered exceptions, hospital and health system operations were largely reported as being back to normal Monday. There were few indications that nonurgent appointments needed to be canceled or diverted, although some organizations warned of the possibility of continued delays. On July 20, Microsoft released a recovery tool that it said would…
Elevating Patient Access and the Consumer Experience
This report explores how improving access and the consumer experience in healthcare requires much more than opening a digital front door.
Transforming Revenue Cycle Management with Intelligent Automation
Download this white paper for an overview of how data-driven strategies for adopting intelligent automation could potentially save billions in healthcare spending, reduce clinician burnout, and improve the patient experience.
Fortifying defenses: essential cybersecurity strategies for revenue cycle management
Healthcare leaders understand that the quality of their organization’s revenue cycle is directly reflected in its bottom line. However, it is also reflected in quality outcomes and patient satisfaction scores. Inefficiencies in eligibility, coverage, prior authorization and other revenue cycle processes can lead to delays in care and surprise patient bills, in addition to poor…
Healthcare providers face Medicare payment-rate penalties for information blocking under new rule
Healthcare providers will receive a lower Medicare payment update if they are deemed to have engaged in information blocking, according to a final rule from HHS and CMS. For hospitals, a violation will leave the organization noncompliant with the Promoting Interoperability Program, meaning it would lose out on three-quarters of the annual market-basket update for…
Answering the Change Healthcare wakeup call
Greg Surla and Jeff Becker from FinThrive discuss how healthcare organizations can prepare for the inevitable next attack and how to ensure business continuity in the aftermath.
Annual Conference Day 4: Geeta Nayyar discusses information gaps and the promise and perils of technology
Applications of technology and the purveyance of information are key issues impacting the efficacy of the healthcare system, author and healthcare technology expert Geeta Nayyar, MD, MBA, explained during Thursday’s keynote session in Las Vegas. In a sit-down discussion with HFMA President and CEO Ann Jordan, Nayyar described working at the intersection of medicine and…