What You Should Know:
- New LexisNexis Risk Solutions Health Care survey reveals
that 63% of respondents believe designating ownership of provider data will
improve care coordination, yet only 18% of organizations report having a
dedicated data governance department
- The survey results are based on over 100 qualified
responses from organizations across the industry, including independent
hospitals, teaching hospitals, independent physician groups, and federally
qualified health
Read More
Medicaid | Medicaid Patients | Medicaid Reform | Regulation, Policy, Analysis, Insights - HIT Consultant
Ready Raises $54M to Become The Uber of On-Demand Healthcare Services
What You Should Know:
- Ready, a company described as the “Uber” of on-demand health
service, just raised $54 million in its Series C funding round.
- Ready’s on-demand care model is evolving the healthcare
industry with customer service and mobility, just like Uber did for ride
sharing and Postmates for food delivery.
Ready, an New Orleans,
LA-based on-demand healthcare service, today announced that it closed $54
million of new funding to finance the expansion of its operations and
Read More
Collaborative Health Systems’ ACOs Delivers $335M in Medicare Savings
Collaborative
Health Systems (CHS) announced today that its Medicare Shared Savings
Program (MSSP) Accountable
Care Organizations (ACOs) delivered $335 million in total savings to
Medicare and $183 million in shared savings since 2012, according to figures
released by the Centers for Medicare & Medicaid Services (CMS).
Defining Medicare ACOs
Medicare ACOs are groups of doctors, hospitals, and other
healthcare providers who come together voluntarily to provide coordinated,
high-quality
Read More
Samsung, Centene to Bring Telehealth to 13k Patients in Rural, Underserved Communities
What You Should Know:
- Today, Centene announced that it is teaming up with Samsung Electronics America to expand critical virtual care for 13,000 patients in underserved and rural communities who may have limited access to technology, including seniors and low-income individuals.
- Amid the rapid digital transformation in healthcare,
the digital divide has exposed disparities in access to technology amid the
pandemic. With telehealth emerging as the preferred method of
Read More
AMA Approves 2 New CPT Codes to Support Response to COVID-19
What You Should Know:
- The American Medical Association adds two new CPT codes
to streamline the reporting of innovative tools and services now available to
help reduce the COVID-19 disease burden.
- The two new codes 99072 and 86413 have been approved for immediate use.
The American Medical Association (AMA) published
an update to the Current Procedural Terminology (CPT®) code set that
includes two code additions for reporting medical services sparked by the
public
Read More
Why EHR Interoperability is Critical for Telehealth
Khalid Al-Maskari, CEO at Health Information Management Systems (HiMS)
Telehealth has recently taken off as a way to prevent the spread of the novel coronavirus, but even though telehealth has been around for several years, clinics had difficulty adopting it pre-COVID-19. This caused clinics to not view telehealth as a viable option, and it was often seen as a last resort approach to healthcare.
As reducing the spread of COVID-19 became paramount, Medicare and Medicaid were forced to
Read More
Maximizing Telehealth Success: How to Optimize Operations & Revenue Cycle Management
Vijay Kotte, EVP of Physician Services at R1 RCM
In COVID-19’s wake, providers’ financial recovery will be crucial yet daunting. U.S. hospitals and health systems stand to collectively lose $36.6 billion between March and June 2020 alone. Physician practices also face serious financial challenges as they recoup revenues that declined up to 55 percent and patient volume that decreased 60 percent.
Amid these hardships, telehealth has emerged as a widely accepted vehicle for care delivery –
Read More
COVID-19 Underscores Why Certain Aspects of the American Healthcare System Should Change Forever
Irv Lichtenwald, President & CEO of Medsphere Systems Corporation
In the late 1940s, the United Kingdom was busily reassembling country and what remained of the empire in the aftermath of World War II. Among many revelations, the war had convinced Britain’s leaders of the need to provide healthcare for all in the event of calamity upending the basic functions of a civilized society. With that, the UK’s National Health Service (NHS) was born.
In 2020, all perspectives about quality and the
Read More
Centauri Health Acquires AppRev to Enhance Hospital Revenue Cycle Optimization
What You Should Know:
- Centauri Health Solutions acquires Applied Revenue
Analytics (AppRev) for undisclosed terms to enhance Centauri’s market
leadership in hospital revenue cycle optimization.
- AppRev delivers technology-enabled revenue cycle
optimization services in a Software-as-a-Service (SaaS) model.
Centauri Health
Solutions (“Centauri” or the “Company”), an innovative healthcare
technology and services company, announced today that it has acquired
Applied Revenue
Read More
Telehealth and COVID-19: Overcoming New Challenges for Providers and Payers
Telehealth has quickly transformed the healthcare industry. Rather than scheduling an appointment, waiting up to a few weeks, and going to a doctor's office or another healthcare facility, we can now access many types of care from the convenience of our smartphones.
However, telehealth has also brought in its own set of new challenges that must be overcome for it to be successful in the long term. Below, we explore five of the biggest issues telemedicine faces and offer insights on how
Read More
