Medical practices have to balance many things. But one of the biggest balancing acts, which often gets overshadowed by patient care, involves keeping finances in the black, by ensuring revenue cycle management (RCM) flows smoothly. Whether practices are solo independent ventures or large, multi-specialty networks, the struggle is real.
When we discuss the most impactful ways to keep a practice’s bottom line in check — and keep the revenue cycle healthy — most people think of back-office
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Health IT & Digital Health-Opinion | Op-Eds | Guest Columns | Analysis, Insights - HIT Consultant
6 Coronavirus (COVID-19) Considerations for Telehealth Providers
As the novel coronavirus outbreak continues, the federal government and commercial health insurers have taken significant steps to increase Americans’ access to treatment and testing. In the past week, the federal government and private insurers have issued a number of guidance documents expanding coverage and payment requirements in an effort to minimize the spread of the virus.
As with any changes in coverage and reimbursement, healthcare providers offering telehealth services should
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Using Health IT to Preserve Antibiotics and Fight Drug-Resistance
In its latest report on antibiotic resistance, the CDC revealed that infection rates for many threat pathogens are stagnant or in a nominal decline. While this is promising news, there are still a startling 2.8 million cases of drug-resistant infections predicted this year, which will result in an estimated 35,000 deaths. What’s more, the speed at which some patients are developing resistance to last-resort antibiotics – those that are often reserved for special scenarios and designed
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Op-Ed: Health Care Is Too Important To Stay The Same
Virtually every business around the globe is contending with how to improve the consumer experience in an era of digitization. We live in a world where you can calculate the fastest route to your destination, order dinner to be delivered, have groceries loaded into your fridge, and livestream content from around the world – all from the palm of your hand. So why have we not seen the same strides in health care?
In part, because of the inability of patients to access and control their own
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TeraRecon Acquired by SymphonyAI: What is the Impact for Medical Imaging Market?
On the 4th March 2020, TeraRecon announced it had signed an agreement to be acquired by the SymphonyAI Group. Here are the facts of the deal, followed by our take on the potential impact on the medical imaging market:
- The terms of the deal were not disclosed and TeraRecon will continue to operate business as usual. However, it will benefit from greater financial backing and the synergistic technologies from other companies in the Group’s portfolio.
- TeraRecon is an Advanced
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The Hard Truth About Boosting Patient Acquisition
Technology giants and other non-traditional players are moving into the healthcare market, giving consumers a host of new options for how and where they obtain services. Everyone from Apple and Amazon to G.E. and Berkshire Hathaway are disrupting the market by introducing new delivery models that emphasize simplicity, transparency and positive digital experiences.
Traditional players will need to recalibrate how they build market share due to this new consumerism threat. In fact, a
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Can EHRs Stand Up Marketplaces for Innovation?
The Office of the National Coordinator for Health IT (ONC) continues to advocate for improved data exchange, with the interoperability and information blocking rules being the latest federal push.
One of the ONC’s goals with its latest guidance is to establish an ecosystem of innovation, with electronic health records (EHRs) serving as the foundation -- i.e., the platform enabling application development and user access.
But when it comes developing an EHR-based marketplace for
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Benefits of Store and Forward, or Asynchronous Telehealth Solutions
An introduction to asynchronous, or store-and-forward, as a modality of telehealth
As our healthcare system continues to innovate in order to meet demands and improve the delivery of value, various telehealth solutions have emerged and been implemented to increase efficiency, access to, and quality of care. Telehealth is a broad term encompassing “a collection of technology-based means or methods to enhance healthcare delivery and education.” As defined by the National Telehealth
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Black History Month: Social Determinants of Health, The African American Experience
For the sake of history and, the auspices of a bountiful potential of a great people of a Great Nation may there be boldness and courage in the noble battle waged to address social determinants of health within US healthcare? History has revealed the health and well being of a Nation and its people is as important as matters of national security.
Thus, stands the profound import of equitable access to good health and wellness within the United States of America and Nations around the world.
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How Do We Make Dignity the Animating Principle in Healthcare?
Dignity-focused organizations are not easy to define, but also not hard to recognize. Justice Stewart
It’s all about the patient. Well, unless that patient has been to particular hospitals for treatment and is having trouble paying the ensuing bills. Then it’s about the hospital and collections agents and wage garnishments and such.
For this approach to providing care, the Lown Institute, a nonpartisan think tank advocating for bold healthcare ideas, honored a group of what they clearly
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