Healthcare Finance Technology News

As artificial intelligence is growing in popularity in the healthcare industry, hospitals and health systems are beginning to realize significant ROI from the technology.

To keep pace with the rapid proliferation of digital technologies in health care, healthcare organizations must develop a framework for identifying the best funding source for each element in their digital strategies. 

Moazzam Adnan Raja describes new opportunities and challenges in health IT.

Internal business intelligence is essential for healthcare decision making.

One health system tackled their readmissions problem by identifying reasons for overstays.

Surgeons from Mercy’s 41 hospitals worked with perioperative directors to reduce costly physician preference items. The health system also used an inventory management system to improve charge capture and eliminate time-wasting manual processes. Overall, Mercy has cut its supply costs by $3.6 million in 12 months.

G. Cameron Deemer reviews the benefits of mobile medication management and electronic prescribing, including fewer errors, cost savings, increased patient safety, and support of prescription drug monitoring programs (PDMP).

Artificial intelligence streamlines interactions with patients and payers. Examples include real-time out-of-pocket patient estimates, and, to reduce denials, analysis of health plan documentation before claims are submitted.

Two senior leaders at Grant Thornton talk about the advantages of robotic process automation to improve office efficiency, reduce costs, and mitigate risk.

An in-depth look at how one company is enabling more efficient procure-to-pay processes to streamline healthcare organizations’ financial operations.