Most healthcare organizations are adopting AI in the revenue cycle: HFMA poll
A recent survey found that 63% of healthcare organizations use artificial intelligence (AI) and automation in the revenue cycle with expectations to see that percentage rise to offset staffing shortages, increase cashflow and generate more revenue.
Fortifying revenue management: The critical role of health information management in cybersecurity preparedness
A hospital’s health information management (HIM) team oversees the flow of patient care documentation in healthcare organizations, supporting accuracy, accessibility and security. In the revenue cycle, HIM maintains financial integrity by managing patient data, ensuring proper coding and documentation for billing and verifying clinical data for compliance and reimbursement. HIM also plays an active role…
5 keys to enhancing automation, expanding capacity and improving efficiency to reduce costs
Healthcare organizations face unrelenting financial pressures, with rising costs and shrinking margins. Dealing with reimbursement challenges, they face an uphill battle to maintain a profitable revenue cycle. This leaves no room for inefficiency. There is a way out, but healthcare leaders must look beyond traditional methods to automation to expand capacity and improve operational efficiency.
Healthcare finance executives look to automation and technology to optimize revenue cycle
Read this executive roundtable to takeaway how several healthcare finance professionals currently use both automation and technology as a holistic solution within revenue cycle, benefitting their staff and recruiting new hires, while also reducing workloads.
AI adoption is increasing in healthcare as providers seek efficiency and cost reduction
Read this roundtable to gain insight from several industry leaders who discussed how the right AI technology can free clinicians to focus on high-value work and enable healthcare organizations to accelerate productivity, data accuracy and financial return.
How change management and empowered employees can drive digital transformation
Read this roundtable to takeaway tips from several industry leaders who helped deliver successful digital transformation to their own organizations by evaluating staff, processes and technology.
The art of digital delegation
Nick Hut and Shawn Stack discuss price transparency regulations, and Erika Grotto talks with Stuart Newsome from Infinx about AI in revenue cycle.
How AI and automation are revolutionizing revenue cycle operations for faster, more accurate reimbursement
Revenue cycle management (RCM) is a critical component of healthcare operations, yet providers face mounting challenges in ensuring timely and accurate reimbursements. Manual processes, evolving regulatory requirements and administrative inefficiencies contribute to revenue leakage and operational burdens. Traditional RCM processes are labor-intensive, relying heavily on manual billing, coding and claims submission. These inefficiencies not only…
Change Healthcare cyberattack, one year later
A year after the Feb. 21, 2024, cyberattack that frustrated patients and providers–and earned hackers a $22 million payout–Nick Hut and Shawn Stack discuss what’s changed in the industry and what’s likely to come next.
AI in healthcare: Boosting efficiency and addressing burnout
Most (90%) healthcare executives say that digital and AI transformation is a top priority, according to McKinsey research. While generative AI may have a number of uses across the healthcare system, its potential to enhance efficiency, effectiveness and alleviate burnout among healthcare professionals may be one of its most valuable uses for reshaping patient care.…