Anyone who receives a hospital, medical imaging, or outpatient surgery bill is usually surprised at the cost.
No matter the cost, how do they know the bill is correct? They don’t.
Incorrect medical bills have become so prevalent that organizations have started applying technologies like artificial intelligence (AI) and machine learning to reduce drastically high healthcare costs.
Consider what organizations as diverse as the Office of the Inspector General, Harvard
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Health IT | News, Analysis, Insights - HIT Consultant
M&A: Florence Acquires Virtual Care Solution Zipnosis
What You Should Know:
Florence, an innovator in healthcare enablement software, announced today its acquisition of Zipnosis, an asynchronous-first virtual care solution that creates efficiency for clinicians while making quality care more accessible and affordable for patients. Through this acquisition, Florence will broaden its product offerings with synchronous and asynchronous virtual care and further their mission to create a consumer-centric interface that
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RedDress Raises $26M to Use Patients Own Blood to Heal Wounds
What You Should Know:
RedDress, a personalized and autologous wound management solution created from patients' own blood, today announced that it has raised a $26 million Series D round with participation from ATHOS Biopharma GmbH, and other life science investors including Investors Group of HCS Capital and the Ragnar Crossover Fund.The new proceeds will support the increased adoption of its product suite, the establishment of global partnerships, and the expansion of RedDress’ proprietary
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H1 Partners with Michael J. Fox Foundation on Parkinson’s Research
What You Should Know:
H1, the connecting force for global healthcare provider, clinical, science, and research information, today announced the world's largest nonprofit funder of Parkinson's research, The Michael J. Fox Foundation (MJFF), has selected its Trial Landscape solution to improve and transform its education and research initiatives.With nearly one million people in the United States and over six million people worldwide affected by Parkinson's disease
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Why Adopting Value-Based Care Models for Autism Care Is Imperative
We all know the stark reality: rates of mental illness, substance use, and developmental disorders continue to rise in the U.S. and estimates show that 1 in 44 children are diagnosed with autism spectrum disorder (ASD).
Add to that the ongoing efforts to reduce stigma and it’s no surprise that the increased demand is overwhelming existing resources.
Improvements in both the efficiency and effectiveness of care and treatment are critical in addressing the crisis.
Doing so
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Denials Management Named Most Time-Consuming Task in RCM
What You Should Know:
A new HFMA survey commissioned by AKASA highlights the revenue cycle tasks requiring the most subject matter expertise, according to responses from over 550 CFOs and revenue cycle leaders at hospitals and health systems across the U.S.Denials management not only requires the most subject matter expertise, but it’s also the most time-consuming task within revenue cycle management (RCM) — followed by prior authorization and insurance
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Nurse Engagement and Satisfaction Start With Their Schedules
How do we attract good nurses? More importantly: How do we keep them?
Those questions have reverberated throughout hospitals and health systems nationwide lately—but they’re not new. Even before the COVID-19 pandemic, industry analysts warned of significant nurse shortages. The pandemic only added more stress and exhaustion to the nursing experience, prompting the largest exodus of nurses from the profession in 40 years.
Unfortunately, the nurse shortage is
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How Urgent Care Can Address Its Degrading Scope of Practice
Over the past several years, urgent care centers nationwide have opened their doors to millions of patients in need of COVID-19 testing and treatment, driving an increase in daily patient visit volumes and new, challenging patient care demands. To accommodate this rapid influx, urgent care centers developed new workflows that prioritized efficiency and transitioned to a reimbursement model that rewards providers for the number of patients treated per day. As a result, urgent care centers across
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5 Executives Weigh in on VBC Impact on Kaiser/Geisinger Deal
We recently asked five digital health executives to share their insights on the recent Kaiser's recent acquisition of Geisinger Health and it's impact to accelerate value-based care.
Andy Flanagan, CEO of Iris Telehealth
This acquisition presents a significant upside for the industry's move to improve access to quality, affordable care. Kaiser and Geisinger are two of the premier organizations in our country driving towards value-based care at scale for their communities. The creation
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Mastercard, HealthLock Partner to Protect Against Medical Fraud
What You Should Know:
Mastercard and HealthLock have partnered to offer millions of Americans help in protecting themselves against medical bill fraud, claim errors and overcharges. HealthLock’s platform helps consumers audit every single medical insurance claim and keep them organized through a user-friendly dashboard.The partnership will initially open HealthLock’s analytics-backed healthcare services to millions of US-issued HSA and FSA Mastercard cards, with plans to expand to other
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