The pandemic took a significant toll on healthcare professionals due to the increase in critical patients, decrease in staff, reduced supplies, and greater safety risks. While these challenges have plagued the industry prior to the pandemic, the effects were greatly exacerbated by the worldwide crisis. According to a recent AMN Healthcare survey focused on the ongoing impact of the pandemic, 30% of nurses say they remain likely to leave their career in healthcare and 18% say they will retire
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How AI Can Reinvent Nurse Staffing
Artificial intelligence is transforming the way the healthcare industry operates, from clinical decision-making to front-office tasks to financial workflows. Perhaps one of the areas where AI has the most potential is nurse staffing, an issue that has reached crisis proportions as a result of COVID-19.
The pandemic exacerbated existing issues such as short staffing and created new ones like skyrocketing contingent labor costs. Today, nurse turnover rates remain far higher than
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The Realistic Future of ChatGPT/AI in Healthcare
As the buzz around ChatGPT and generative-AI continues, it’s important for health leaders to look past their excitement around these new tools and remain committed to ensuring patient trust is a top priority. Consider that six out of every ten patients are reportedly uncomfortable with providers relying solely on AI for specific healthcare needs, and while ChatGPT may appear to provide impressive responses, there’s still room for error and data misinformation, which can result in patient
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Understaffed RCM Payment Teams Need a New Way Forward
Last year, only 8% of healthcare executives said their RCM or billing departments were adequately staffed, and a stunning 48% said the employee shortage was “severe,” according to a survey cited in MedCityNews.
RCM teams are the engine that allows the machinery of healthcare organizations to run. Without effective billing and payment processes that deliver positive patient financial experiences, everything grinds to a halt.
These staffing woes can’t continue. The cascade of problems that
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Automation Fills Gaps Left by Revenue Cycle Talent Shortage
Healthcare providers are feeling the industry’s talent shortage in their administrative functions as well as clinical areas. One case in point: revenue cycle management. In a recent study, 63% of healthcare providers reported an inability to fill key revenue management roles. Reduced revenues and cash reserves are almost inevitable when providers don’t have sufficient staff to follow up on claims, manage appeals and help patients understand their financial responsibilities and
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Why AI Can Potentially Revolutionize Breast Cancer Detection
Breast cancer awareness is essential for early detection, which is critical for improving survival rates and reducing the burden of this disease. October is Breast Cancer Awareness Month, but education and awareness should not be limited to just one month of the year. A large portion of the global population will experience or be impacted by breast cancer; one in eight women will face a diagnosis in their lives, and this affects both them and their families.
Exciting advancements in the realm
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8 Ways AI Will Transform The Future of Healthcare
The accelerating advances in Artificial Intelligence (AI) have ignited a new era of innovation and potential across various industries. Healthcare is a sector that stands to gain tremendously from this revolution. Here are eight specific ways AI will transform the future of healthcare, making it more efficient, personalized, and proactive.
1. Improved Diagnosis and Disease Detection
One of the most critical applications of AI in healthcare is augmenting the process of diagnosing diseases.
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3 Ways for Government to Help Spur Biomedical Innovation
In response to the COVID-19 pandemic, the biomedical community took on the task of developing and deploying critical interventions to address an unprecedented public health emergency. In a remarkable display of collective effort, stakeholders from government and industry came together to produce safe and effective mRNA vaccines as well as therapeutics– a groundbreaking achievement reached in record time. As the biomedical community looks to the future, government agencies have a tremendous
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The Future of Biomarker-Based Therapy for Mental Disorder Care
We are living in a mental health epidemic. An estimated 26 percent of Americans ages 18 and older – about one in four adults – suffer from a diagnosable mental disorder in a given year. Among mental disorders, cases of PTSD are on the rise. Roughly five percent of American adults suffer from PTSD in any given year and more than 13 million Americans reported PTSD in 2020 – most of whom are women. Standard PTSD treatments most often come in the form of pharmacotherapy or psychotherapy and include
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Barriers Preventing State Medicaid Agencies from Harnessing the Potential of AI
State Medicaid agencies are responsible for health services that touch the lives of every American, making the potential benefits of modern technology tools, such as artificial intelligence (AI) and machine learning (ML), enormous. However, despite the promise of increased effectiveness with the same or fewer resources, modernization, and digital transformation do not come easily - or naturally - to many of these agencies. Real and perceived fears in transitioning away from legacy,
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