Healthcare Finance Technology News

Change Healthcare: Accelerating healthcare innovation by productizing APIs

Change Healthcare talks about transforming the approach to application programming interfaces (APIs) to deliver them as individualized products that solve healthcare-specific problems.

By HFMA June 18, 2019

Using artificial intelligence to improve revenue cycle operations

In God we trust; all others must bring data                                 — W. Edwards Deming The ability to use the data aggregated throughout the revenue cycle is critical to proactive issue resolution, project prioritization, estimation of financial impact of revenue cycle initiatives and forecasting. However, data analysis at each stage of the revenue cycle is dependent on…

By HFMA June 17, 2019

Data Integration Challenges Prevalent with Outside Vendors

Today’s revenue cycle increasingly relies on external business partners to process payments. Unfortunately, passing accounts back and forth from the business office to outsourced vendors brings data integration challenges. Often, reconciliation issues occur when the same account is in multiple locations such as with the hospital and the outsourced vendor. This breakdown in inventory integrity…

By Matt Hawkins June 17, 2019

Bridging the gap between finance and clinical data

A Mount Sinai emergency department physician’s work with data analytics demonstrates how bringing together clinical and revenue cycle information can bridge gaps and solve payment problems.

By HFMA June 17, 2019

9 considerations for a comprehensive technology plan

Healthcare organizations should develop IT plans, measure themselves against their plans and consistently review how regulatory and product changes mandate the need for plan revisions.

By Stephen Carrabba June 12, 2019

Get creative with technology to drive your managed care programs

Technological innovations can help healthcare organizations improve their managed care programs.

By David Bernd June 11, 2019

How one hospital improved its call-bell responsiveness

Main article: Optimizing the patient experience from the C-suite NewYork-Presbyterian’s comprehensive patient experience strategy has led to year-over-year improvements in key metrics during the past three years, says Rick Evans, senior vice president and chief experience officer. He credits the organization’s rolling, three-year patient experience plan, which defines targets and sets strategies for a variety…

By Laura Ramos Hegwer June 11, 2019

Data: What’s in it for you?

The volumes of patient data healthcare organizations create should help them face their challenges. But in order to use those volumes of data effectively, healthcare organizations need toask the selfish question: What’s in it for me?

By Jeff Helton,  PHD, FHFMA, CMA, CFE June 10, 2019

Cracking the Code on Physician Practice Performance

In this article, Premier discusses how it works with medical groups and health systems to better leverage business intelligence to identify and seize performance improvement opportunities.

By HFMA June 5, 2019

Mayo Clinic Laboratories uses data, clinician teams to identify cost savings

Just one lab utilization initiative can have a massive financial impact, says Andrew Cousin of Mayo Clinic Laboratories. Don’t be so overwhelmed by the scope that you do not take that first small step.

By Laura Ramos Hegwer June 5, 2019
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