Mounting financial pressures for healthcare organizations mean sustainability hinges on reducing the cost to collect. Ongoing challenges associated with declining reimbursements, higher clinical and administrative costs and staffing shortages in the billing department leave providers without a lot of recourse for improving operational margin. Yet within the growing list of negative bottom-line issues, there is one area where healthcare leaders have some control to improve the outlook: increasing
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Health IT & Digital Health-Opinion | Op-Eds | Guest Columns | Analysis, Insights - HIT Consultant
Advancing Drug Development and Regulatory Compliance with AI-Enhanced Real-World Evidence
In recent years, regulatory bodies, such as the Food and Drug Administration (FDA) and the European Medicines Agency (EMA) have increasingly emphasized the use of real-world data (RWD) in clinical research and regulatory decisions, recognizing its potential to enhance drug development and improve patient outcomes. This shift includes a focus on sourcing RWD that adheres to strict regulatory standards for effective use in drug approvals and postmarket surveillance.
Unlike traditional
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Reversing Healthcare’s Financial Crisis: A Look into Patient Access Solutions
The healthcare industry is caught in the crosshairs of historical inflation, driving up the costs of medical equipment, essential medications and treatments, and out-of-pocket costs. The combination of these factors and continuous labor shortages among nurses and physicians due to burnout directly impacts the end user: patients. Millions of patients struggle to afford routine and emergency medical care, leading to financial strain and, for many populations, the inability to access the care that
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Assisted Dying is as Much an Economic as an Ethical Issue
After many years of delay and prevarication, the UK is finally grappling with an issue that has long been a source of polarised debate and ethical handwringing around the world.
The House of Commons has voted in favor of a bill to legalize assisted dying in England and Wales, marking a significant advancement of the issue globally. A separate bill is currently being considered in Scotland.
The proposed legislation, known as the Terminally Ill Adults (End of Life) Bill, would permit
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HIPAA Compliance: 3 Strategies for Implementing Multilingual Healthcare Delivery
According to the most recent data from the US Census Bureau’s American Community Survey (ACS), 29.6 million people in the US identified as having limited English proficiency (LEP). Put another way, over 8% of the US population has limited ability to read, speak, write, or understand English.
Not surprisingly, patients with limited English proficiency have worse healthcare outcomes than English-proficient patients, according to the AMA Journal of Ethics. These outcomes include extended
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Leveraging EHR Efficiencies and AI to Combat Provider Burnout
The reality of provider burnout – and the impact it has on healthcare organizations – has become a major industry pain point in recent years. According to an AMA report, burnout costs the U.S. healthcare system an estimated $4.6 billion per year, largely due to provider turnover and work-hour reductions. Depending on the specialty, the cost can range from $500,000 to $1 million for every physician who leaves an organization.
While we can celebrate that burnout is on a slight decline
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Cellular Connectivity: The Future of Home Medical Devices
The global home medical equipment market is experiencing explosive growth. Smart devices are being used to monitor and treat patients suffering from diabetes, cardiac disorders, and other medical conditions without exposing those patients to the risk of hospital-acquired infections. Numerous organizations, including the World Health Organization and the National Council of Aging, are promoting self-health management to give patients better outcomes.
This trend leverages digital technology to
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Navigating FDA’s New Guidance on Medical Device Servicing
The complexity and cost of medical devices are escalating, and with it, the stakes for maintaining these assets efficiently and compliantly are increasing. In some cases, this requires complex and comprehensive repairs that may involve major components of the asset being rebuilt or upgraded. As organizations strive to prolong the safe, useful lifespan of their medical assets while curtailing capital expenditure, they face a new challenge: adhering to the U.S. Food & Drug Administration’s
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Telehealth Partnerships: A Value-Added Service for Providers
Today’s healthcare consumers have high expectations regarding their patient experience. They want care to be more convenient, accessible, and affordable.
For providers looking to meet those expectations, telehealth partnerships are the answer. These partnerships provide value-added solutions that empower patients to overcome their chief healthcare challenges.
Telehealth partnerships remove hurdles that discourage patient engagement
During the COVID-19 pandemic, remote access made
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Telehealth 2.0: The Healthtech Trends Shaping Tomorrow’s Digital Health Experience
2020 proved a pivotal year for the growth and acceptance of telethealth services. During the pandemic, this was the only way for many patients to be seen by their physicians and there was an excitement in the space about the possibilities for better and faster treatment that technology presented
Fast forward to today, some five years later, and telehealth appears to be dying. Consumers have started looking at the other innovative technologies and wondered
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