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Health IT | News, Analysis, Insights - HIT Consultant

Solve.Care and EarthID Sign to Power Decentralized & Multi-faceted ID for Healthcare

by Jasmine Pennic 02/03/2023 Leave a Comment

Solve.Care Unveils Web3.0 Development for Healthcare

What You Should Know: Solve.Care & EarthID have announced a collaboration to employ blockchain technology to decentralize ID data and provide verification of credentials to create a powerful ID management system to be put in the hand on individuals. The collaboration will enable individuals to aggregate all their multi-faceted data related to their identity for healthcare purposes, while maintaining complete control. Decentralized & Multi-faceted ID for
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Why Prioritizing Patient Experience Is Essential for Small Healthcare Practices

by Branden Neish, Chief Product Officer at Weave 02/02/2023 Leave a Comment

Why Prioritizing Patient Experience Is Essential for Small Healthcare Practices

Rising inflation and a looming recession are causing small healthcare practices to tighten their belts and eliminate unnecessary costs. Still, too many healthcare leaders are divesting where it may end up hurting them in the long run: digital solutions.  Digitization and automation can be a lifeline for healthcare practices. Staffing shortages and tedious and time-consuming tasks plague small healthcare businesses, and customers are turning to more modern and accessible practices for
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Opioid Use Disorders Cost U.S. Hospitals More than $95B Annually

by Syed Hamza Sohail 02/01/2023 Leave a Comment

Opioid Use Disorders Cost U.S. Hospitals More than $95B Annually

What You Should Know: - Based on prevalence estimates from PINC AI™ data during 2017-2022, an estimated 66 million emergency department (ED) outpatient visits and 760,000 inpatient admissions in the U.S. annually are for patients with the diagnosis of opioid use disorders (OUDs). - Patients with an OUD diagnosis had 32.5 percent higher cost per ED visit and 8 percent higher cost per inpatient visit than those without an OUD diagnosis. The annual total cost of care for OUD-associated ED
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5 Must-Have Features for AI Platforms in RCM

by Emily Bonham, SVP of Product Management, AGS Health 02/01/2023 Leave a Comment

5 Must-Have Features for AI Platforms in RCM

A healthy, stable revenue cycle is crucial to every healthcare organization’s success. However, managing the revenue cycle takes experienced coders, complete documentation, and timely resolution of denials. Administrative processes account for about 30% of U.S. healthcare costs, which means that all areas of a patient encounter, from check-in to billing and claims, are potential targets to obtain greater efficiency. In the past 20 years or so, computer-assisted coding (CAC) has become
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Edifecs and VirtualHealth Partner to Automate Prior Authorization

by Fred Pennic 02/01/2023 Leave a Comment

Edifecs and VirtualHealth Partner to Automate Prior Authorization

What You Should Know: - Today, Edifecs and VirtualHealth, a medical management company, announced a new partnership automated prior authorization to VirtualHealth’s HELIOS® platform for healthcare payer and provider clients. - The Edifecs solution will automate and optimize the prior authorization process across HELIOS to significantly reduce the administrative burden, alleviate friction between payers and providers, and ultimately expedite patient care. Growing Need for Automated Prior
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Accenture, UKG Partners with Ardent Health Services to Transform Workforce Management

by Jasmine Pennic 02/01/2023 Leave a Comment

Accenture, UKG Partners with Ardent Health Services to Transform Workforce Management

What You Should Know: - Accenture, UKG and Ardent Health Services announced a collaboration to help Ardent Health Services improve workforce visibility and agility across its network of 30 hospitals and 200 sites of care.  - Ardent is using technology to transform its workforce operations and empower frontline talent with more flexible scheduling solutions that support work-life experiences, while remaining focused on providing quality healthcare services. - The Accenture and UKG
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Prisma Health Moves to the Innovaccer Health Cloud

by Jasmine Pennic 01/31/2023 Leave a Comment

Prisma Health Moves to the Innovaccer Health Cloud

What You Should Know:  - South Carolina’s largest health system, Prisma Health selects the Innovaccer Health Cloud to be its primary value-based care platform for analytics, workflow, and Snowflake data platform management. - With the Innovaccer Health Cloud’s data and analytics platform, Prisma Health can integrate disparate EHRs and other healthcare systems to create a unified patient record.  Primsa Health Background Prisma Health provides healthcare services to nearly
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Prescryptive Health Announces New Language Capabilities to Increase Patient Accessibility

by Jasmine Pennic 01/31/2023 Leave a Comment

Prescryptive Health Announces New Language Capabilities to Increase Patient Accessibility

What You Should Know: - Prescryptive Health, a healthcare technology company on a mission to rewrite the script for the U.S. pharmaceutical market launches a new Spanish language access on their mobile-first patient solution, myPrescryptive. - Built on blockchain, myPrescryptive gives healthcare consumers ownership of their prescription, delivering pricing options and financial assistance information, pharmacy services like testing and vaccinations, and pharmacy benefit plan
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Why Proactive Patient Engagement Is The Pathway to Better Care Outcomes in 2023

by Diana Nole, EVP and General Manager, Healthcare Division at Nuance Communications 01/31/2023 Leave a Comment

Proactive Patient Engagement

When it comes to consumer engagement, other industries have had a significant head start. For years, retailers, banks, and other customer-centric organizations have been working hard on curating digital experiences that simplify, personalize, and secure interactions and transactions with their consumer base. Accessing your savings account through an app is now the standard for millions of people. It’s second nature to use the chat feature on a clothing retailer’s website to get information
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Half of the Patients With High-Deductible Health Plans Have Received Surprise Medical Bills

by Syed Hamza Sohail 01/27/2023 Leave a Comment

Medical Bills Continue to Plague Consumers as Source of Anxiety, Mystery and Frustration

What You Should Know: - AKASA™, the leading developer of AI for healthcare operations, released findings from a survey conducted on its behalf by YouGov. - The findings highlight how patients with high-deductible health plans (HDHPs) suffer the downstream effects of a complex medical billing process, including surprise medical bills, inaccuThe findings highlight how patients with high-deductible health plans (HDHPs) suffer the downstream effects of a complex medical billing process,
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