Staffing and workforce management have long been one of the most difficult responsibilities borne by healthcare executives, specifically those with responsibility for revenue cycle operations.
When the COVID-19 pandemic began, workers in administrative roles (the entire revenue cycle teams) were sent home. We didn’t know that almost two years later many would still be working remotely and that it might be that way from now on.
A recent survey commissioned by AKASA and conducted by
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Health IT | News, Analysis, Insights - HIT Consultant
Why Hospitals Need to Prioritize Clinical Data Management in 2022
The past two years have been fraught with difficulties for the healthcare industry. Labor shortages have negatively impacted hospitals and health systems nationwide, intensifying the burden on healthcare workers already strained. In fact, the latest job report from the U.S. Bureau of Labor Statistics has shown healthcare employment down by nearly half a million since February 2020.
While a lack of sufficient staff has obvious implications on providing patient care, the labor
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Signify Health Acquires Caravan Health, Forming Largest Networks of At-Risk Providers
What You Should Know:
- Today, Signify Health announced it has reached an agreement to acquire Caravan Health, a leader in enabling accountable care organizations (ACOs) to succeed in value-based care payment. Together, the companies form one of the largest networks of at-risk providers in the U.S.
- Together, Signify Health and Caravan Health will be better positioned to enable organizations to manage larger populations covered by value-based arrangements and to
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Radial Analytics Raises $3M to Optimize Patient Care Transitions
What You Should Know:
- Radial Analytics, a Concord, MA-based company optimizing patient care transitions with real-time decision-support solutions for payers and providers, today announced it has raised $3M in funding led by Initialized Capital.
- The company plans to utilize the funds to grow our team and build on our growing customer traction with Medicare Advantage plans and hospital systems in value-based care delivery contracts.
Intervene when it Matters Most
Many patients
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What You Don’t Know About Your Patients Could Cost You
Healthcare spending is projected to exceed $6 trillion by 2028, largely driven by rising costs of care for an aging population and the growing number of Americans suffering from chronic physical conditions such as pulmonary disease, diabetes and hypertension.
To improve health outcomes while lowering cost of care, providers and payors increasingly are implementing value-based care (VBC) payment models. VBC contracts are structured to reward proactive and preventive healthcare, measurable
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Ascension Selects Labcorp to Manage Labs Across 10 States
What You Should Know:
Labcorp today announced its strategic partnership with Ascension, one of the nation’s leading Catholic and non-profit health systems. Through this comprehensive arrangement, Labcorp will manage Acension’s hospital-based laboratories in 10 states and acquire select assets of the health system’s outreach laboratory business. Meanwhile, Ascension can leverage Labcorp’s innovative technology to scale diagnostics in priority clinical areas like oncology, neurology and women’s
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PayZen Integrates with Epic’s App Orchard Marketplace
What You Should Know:
- PayZen, a fintech startup tackling healthcare affordability in the U.S., today announced its technology has been approved by Epic to offer its “Care Now, Pay Later” solution on the App Orchard Marketplace.
- The integration provide a seamless solution to Epic EHR providers, as well as a high-quality user experience for patients. PayZen’s first-of-its-kind, AI-backed technology allows hospitals, health systems and large physician groups to offer their patients
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Epic, Galen Healthcare, Chartis Group Named 2022 Overall Best in KLAS Awards
What You Should Know:
- Epic, Nordic, Galen Healthcare and The Chartis Group won 2022 Overall Best in KLAS® awards, released today, which reports on the top vendors for 2022. Epic was named the top Overall Software Suite for the twelfth straight year in 2022 Best in KLAS Software & Services report, released today, which reports on the top vendors for 2021. Epic was also named the top Overall Physician Practice Vendor. Epic won nine other Best in KLAS awards in various market
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Profitability Tops Number 1 Priority for Healthcare Practices in 2022, Survey Reveals
What You Should Know:
- Healthcare practices named ranked running a profitable practice as their number one priority for 2022, according to a new recently released survey by Updox. Additional practice priorities included improving patient satisfaction (32%), improving patient outcomes (21%), spending less time doing paperwork (12.34%), and improving staff satisfaction (5.65%).
- The Updox survey was designed to determine healthcare practice priorities in 2022 and how paperless and virtual
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3 Ways Artificial Intelligence Can be Used to Improve Health Equity
When I graduated from medical school and took the Hippocratic Oath, I vowed to not just treat the illness on a patient’s medical history form but to treat the person behind the diagnosis. To do this well, clinicians need to understand the whole person and the context in which they live — their race, gender identity, native language, socioeconomic status, or zip code, among other things — to ensure equitable care. According to the CDC, health equity is reached when every person has the
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