Technology

2024 Health System Digital & IT Investments

This survey of 144 provider executives reveals their top digital and IT investment priorities for 2024 and associated challenges, opportunities, and goals.

HFMA November 29, 2023

Congress doesn’t seem to be mulling a fix for the 2024 Medicare physician payment cut

Congress has mitigated a scheduled Medicare payment cut for physicians going into each of the last three years, but relief does not appear to be on the way for a fourth year running. Medicare’s 2024 final rule for physician payments includes a $1.15 decrease to the conversion factor, amounting to a reduction of more than…

Nick Hut November 27, 2023

Proposed rule sets Medicare penalties for providers that commit information-blocking infractions

Hospitals and other healthcare providers would face penalties for knowingly engaging in information blocking, with the sanctions affecting their Medicare reimbursement, according to a proposed rule from the U.S. Department of Health and Human Services (HHS) and CMS. Published at the beginning of November, the rule implements some terms of the 21st Century Cures Act,…

Nick Hut November 17, 2023

Research Summary: 2024 Digital & IT Investment Trends

HFMA, with sponsorship from Guidehouse, surveyed 144 healthcare executives to understand their digital and IT investment priorities going into 2024. The survey found that 85% expected their organization’s digital and technology budget to increase in 2024. The top three priorities for investment included: cybersecurity infrastructure, EHR integration and modernization, and digital front door or virtual…

HFMA November 13, 2023

Leveraging investments to strengthen resilience: Key insights

The approach health systems take to balance sheet and treasury management varies significantly. One company's managing director dives into how organizations can take a balanced-scorecard method to investments using a tier system.

HFMA October 31, 2023

The No Surprises Act: How healthcare organizations can create a winning strategy

Find a breakdown of the No Surprises Act in this business profile with an update on four main administrative requirements of the bill and insight to improve hospitals and healthcare systems using technology for future regulatory changes.

HFMA October 30, 2023

Humans are essential to your AI strategy

Arun Shastri of ZS discusses uses for AI in healthcare as well as the limitations of technology when a human isn't involved.

Erika Grotto October 25, 2023

Buyer’s Guide: Patient financial engagement technologies

This whitepaper is a buyer’s guide to assist in understanding the benefits of how adopting new technology to increase patient financial engagement can improve the bottom line while improving the patient experience:

HFMA October 16, 2023

Why autonomous coding is having a moment in healthcare

Autonomous coding is growing in the healthcare industry, and the market is expected to reach $88 billion by 2030, up from $35 billion in 2022. Some expected outcomes of this include: Faster revenue cycle, less human intervention and improved patient satisfaction and care.

HFMA October 16, 2023

Healthcare News of Note: Telehealth visits are more often coded with a lower billing code than in-office visits

Over the past few weeks, I have found these industry news stories that should be of interest to healthcare finance professionals. 1. Telehealth visits are more often coded with a lower billing code than in-office visits “For both primary and specialty care, telehealth visits are more frequently coded with a lower level-of-service billing code than…

Deborah Filipek October 13, 2023
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