A quick, efficient, and well-managed revenue cycle creates a solid foundation for a profitable medical organization. That’s why if you’re responsible for ensuring the health of your organization's revenue cycle and you are not using AI for medical coding, you are not doing your job.
Let me explain.
Some RCM professionals may see medical coding as a small portion of the revenue cycle; however, its reach is wide. The quality and accuracy of medical coding can either negatively or
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Health IT | News, Analysis, Insights - HIT Consultant
5 Behavioral Health Trends Coming Into Focus in 2023
For the past two years, behavioral health in the U.S. has taken center stage, but the true impact of COVID-19 on families is just now coming into focus. The lingering effect of the pandemic combined with social stressors on top of life’s daily pressures is all taking its toll on mental health. Instead of declining post-pandemic, as a nation, we’re continuing to see an increase in the number of people struggling with some form of anxiety and depression.Among some of the hardest hit are
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Point32, Wellthy Partner to Offer Members Tech-Enabled Caregiving Support
What You Should Know:
- Point32Health (the combined entity of Harvard Pilgrim and Tufts Health Plan) and Wellthy, the tech-enabled caregiving support company, are launching a new collaboration to support caregivers.
- Through this new program, commercial members of Harvard Pilgrim Health Care and Tufts Health Plan’s fully-insured health plans throughout New England will now have access to Wellthy, the market-leading solution for caregiving. The partnership demonstrates a commitment by
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Inventory Management Systems Bolster Hospital Cost Savings Initiatives
For many hospitals and health systems, it’s been another challenging year. Increases in patient volume and modest revenue gains haven’t been enough to offset the impact of labor shortages and an inflation rate that reached a historic high in June. A recent Kaufman Hall report found most healthcare organizations had negative operating margins for the first half of 2022 due in large part to historically high expenses.
In the face of these ongoing operating losses, the industry has
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Dexcom Receives FDA Clearance for G7 Continuous Glucose Monitoring (CGM) System
What You Should Know:
- The FDA has cleared Dexcom G7 continuous glucose monitoring (CGM) system in the U.S. for people with all types of diabetes ages two years and older, giving more people than ever access to a powerfully simple diabetes management solution.
- Cleared as an integrated continuous glucose monitoring (iCGM) system, Dexcom G7 will be part of the most connected CGM ecosystem in the world, with real-time connectivity that can drive integrated insulin delivery systems, connect
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3 Strategies for Benefit Administrators for a Successful Open Enrollment
Open enrollment season is here, and the stakes are high for organizations delivering employer benefit programs, especially as this year’s open enrollment period comes amidst the Great Reshuffle – a time when employees are transitioning jobs in large numbers. The Great Reshuffle has created a fiercely competitive labor market in which companies have to figure out new ways to attract and retain talent. This opens up a huge opportunity to rethink engaging talent-hungry employers.
Employees now
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How Community Health Investments Will Define The Future of Healthcare
Community health is more than how someone’s physical health needs are being met. It involves all the physical, social, and environmental factors — access to nutritious food, stable income and housing, education opportunities, and more. These social determinants of health, or SDoH, are interconnected and integral to the overall health of communities across the world — and healthcare systems are taking note.
With the onset of the COVID-19 pandemic, it became clear one person’s health could
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Aetion, FDA to Evaluate Real-World Data Standardization for COVID-19
What You Should Know:
- Aetion, a provider of real-world evidence (RWE) technology and analytics, today announced that the FDA has extended Aetion’s contract to evaluate real-world data (RWD) involving COVID-19 medical countermeasures.
- Aetion will be expanding its work to evaluate data standardization in the context of COVID-19. Aetion has been collaborating with FDA since May 2020, providing validated software platform capabilities and RWD/E expertise to contribute to rapid evidence
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GDIT Awarded $84M Traumatic Brain Injury Research Contract by the Defense Health Agency
What You Should Know:
- General Dynamics Information Technology (GDIT), a business unit of General Dynamics (NYSE:GD), announced today that it was awarded an $84 million contract by the Defense Health Agency (DHA) to support the Traumatic Brain Injury Center of Excellence (TBICoE). The contract has an eight-month base period with three option years.
- Under the contract, GDIT will continue to support the TBICoE in conducting clinical
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WebMD Strikes Deal with Patient Communications Platform Artera
What You Should Know:
- Today, WebMD and patient communications platform provider Artera (formerly WELL Health) announced data integration that will enable providers (health systems and hospitals) to digitally communicate and engage patients on important education and information about medication affordability programs.
- The collaboration reduces the cost of care while also improving patient adherence to prescriptions -- which is a key challenge for providers -- by connecting with
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