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Health IT | News, Analysis, Insights - HIT Consultant

Why Treatment Planning in Counseling Makes Sense for Patients and Providers

by Ram Krishnan, CEO of Valant 09/04/2024 Leave a Comment

Why Treatment Planning in Counseling Makes Sense for Patients and Providers

Treatment plans are an often-overlooked element of quality mental health treatment. Some providers see them as inefficient busywork, a necessary evil to meet compliance standards. However, treatment plans in counseling have value far beyond compliance. They can actually enhance patient care and benefit a practice’s efficiency. Understanding Treatment Plans in Counseling A treatment plan is a document that records a patient’s current mental health status and lays out goals for the outcome
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RhythmX AI Appoints Nathan Gnanasambandam as VP of AI

by Executive Hires 09/03/2024 Leave a Comment

RhythmX AI Appoints Nathan Gnanasambandam as VP of AI

What You Should Know:  - RhythmX AI, a leading provider of AI-powered healthcare solutions, has announced the appointment of Nathan Gnanasambandam as Vice President of AI.  - Gnanasambandam brings over 20 years of experience in AI, healthtech, and healthcare economics to his new role. Gnanasambandam Bio/Background Prior to joining RhythmX AI, Gnanasambandam served as Chief Data Science Officer and Chief Technology Officer at Highpointe Solutions, where he led technology and
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HealthEquity Partners with Paytient to Offer Enhanced Employee Benefits

by Fred Pennic 09/03/2024 Leave a Comment

HealthEquity Partners with Paytient to Offer Enhanced Employee Benefits

What You Should Know:  - HealthEquity, the leading provider of Health Savings Accounts (HSAs), has announced a new collaboration with Paytient, a healthcare technology firm. Together, they are offering employees a powerful new benefit: Health Payment Accounts (HPAs). - By addressing the affordability of healthcare, HPAs can improve employee satisfaction, reduce financial stress, and ultimately lead to better health outcomes. Addressing Healthcare Affordability Forty percent of
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Flatiron Health Appoints Quincy Weatherspoon as VP and General Manager of Point of Care Solutions

by Executives Hires 09/03/2024 Leave a Comment

Flatiron Health Appoints Quincy Weatherspoon as VP and General Manager of Point of Care Solutions

What You Should Know:  - Flatiron Health, a pioneer in oncology technology, announced today the appointment of Quincy Weatherspoon as Vice President and General Manager of Flatiron Point of Care Solutions.  - In this role, Weatherspoon will be responsible for overseeing the company's network of oncology practices and driving innovation in Flatiron's point of care products, including OncoEMR® and Flatiron Assist™. - Weatherspoon brings over 15 years of experience in healthcare
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Navigating the Murky Waters of Healthcare Billing

by Ritwik Batabyal, Chief Technology and Innovation Officer at Mastek.at Mastek 09/03/2024 Leave a Comment

Navigating the Murky Waters of Healthcare Billing

The traditional fee-for-service healthcare model, which reimburses providers based solely on the quantity of services delivered, is undergoing a much-needed transformation. The choice now is of value-based care initiatives, that are more focused on improved patient outcomes and preventive care, rather than simply paying for services rendered. At the core of this change is a fundamental realignment of the mission, processes, metrics, and cultural values for healthcare providers and clients,
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The MedTech Renaissance Is Here. How Can Organizations Meet The Moment?

by Mike White, Principal, Alexander Group 09/03/2024 Leave a Comment

The MedTech Renaissance Is Here. How can Organizations Meet The Moment?

The healthcare industry rose to the occasion at the outset of global healthcare challenges beginning in 2020. Around the world, hospitals, outpatient facilities, MedTech organizations, and research firms embraced digital tools and communication out of necessity. But once the worst was over, it became clear that this new, digital-first model of healthcare was here to stay. Both patients and providers enjoyed the convenience of virtual appointments for routine care. Digital tools unlocked
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Medscape Launches Free AI Medical Scribe for Physicians

by Syed Hamza Sohail 08/30/2024 Leave a Comment

Medscape Launches Free AI Medical Scribe for Physicians

What You Should Know: -  Medscape has launched a free AI medical scribe for US physicians, the latest entry in a developing space of artificial intelligence tools to help with clinical tasks.  - Known as Medscape Scribe, the new tool — available to all US doctors when logged in to their Medscape account — transcribes conversations during patient visits and generates a synopsis of the encounter.  Medscape Enhances Clinical Efficiency with AI-Powered Tools Medscape has introduced
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AI’s Advantages to Overcoming Revenue Cycle Management Challenges for Providers

by Jeff Carmichael SVP of Engineering and Analytics XiFin, Inc. 08/30/2024 Leave a Comment

The Future of RCM: Leveraging AI to Combat Healthcare Providers

Healthcare providers face staffing shortages, increasing regulatory requirements, and pressure to reduce costs while delivering effective care. Compounding provider problems are payor policy, behavior changes and ongoing fee schedule cuts that compress revenue, as well as mounting denials and additional documentation requests from payors. Coding, claim processing, and the collective revenue cycle management (RCM) tasks required to ensure appropriate reimbursement for billable service are all
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AI Holds Promise for Improving Patient Experience, Survey Finds

by Fred Pennic 08/29/2024 Leave a Comment

AI Holds Promise for Improving Patient Experience, Survey Finds

What You Should Know:  - A new survey conducted by Talkdesk has revealed the growing optimism among consumers about the potential of artificial intelligence (AI) to improve the healthcare experience.  - While AI is still in its early stages of adoption in healthcare, patients are hopeful that it can streamline processes, reduce administrative burdens, and improve access to care. Patients embrace artificial intelligence for administrative tasks, sensitive health queries, and
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5 Ways AI Streamlines Prior Authorization Process for Providers & Patients

by Florence Luna, Co-Founder and CEO of Fig Medical 08/29/2024 Leave a Comment

5 Ways AI Streamlines Prior Authorization Process for Providers & Patients

The prior authorization process, integral for confirming the necessity and insurance coverage of medical treatments, has historically been an obstacle in healthcare. In its current state, it has the potential to cause considerable delays and financial burdens for patients and healthcare providers - and the inefficiencies of this process are evident, as approximately 90% of providers report care delays due to this process (AMA), with a significant percentage indicating that some delays even lead
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