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Revenue Cycle Management | News, Analysis, Insights - HIT Consultant

Amazon Textract Is Now HIPAA Eligible, Extracts Text/Data From Scanned Docs

by Fred Pennic 10/11/2019 Leave a Comment

Amazon Textract Is Now HIPAA Eligible, Extracts Text/Data From Scanned Docs

- AWS announced that Amazon Textract, a Machine Learning (ML) service that automatically extracts text and data from scanned documents, is now HIPAA-eligible.- Amazon Textract will make it easy for customers to accurately and securely process millions of documents in a matter of hours, saving time and lowering processing costs.- Cerner, Fred Hutchinson Cancer Research Center and The American Heart Association are already exploring new ways use the power of ML to automate their current workloads
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Report: Poor Digital Experiences Are Driving Consumers to Switch Providers

by Fred Pennic 10/09/2019 Leave a Comment

Report: Poor Digital Experiences Are Driving Consumers to Switch Providers

- Consumer frustration is driving more than 2 in 5 U.S. people to consider switching their providers over the lack of digital engagement.- Outdated provider billing processes and a lack of digital payment options & plans are major contributing factors to late/missed payments, and the overall digital transformation of healthcare administration has been a major sore spot within U.S. healthcar- Younger healthcare consumers are significantly more frustrated, more likely to stop seeing providers
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How Video Remote Interpretation (VRI) Boosts Acute Care Quality

by David Fetterolf, President of Stratus Video 10/08/2019 Leave a Comment

David Fetterolf, President of Stratus Video

Imagine traveling to another country on vacation, only to get terribly ill after consuming seafood at dinner. You experience chills, your hands are curling up and you feel faint all over. Getting to the hospital is a challenge, as you do not speak the native language there. When you arrive at the hospital, all of the medical staff is speaking another language and no one can understand you when you try to tell them your symptoms. You have no understanding of your condition, diagnosis or treatment
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Banner Health Launches Real-Time Online Scheduling for Consumers

by Jasmine Pennic 10/04/2019 Leave a Comment

- Banner Health is now offering consumers the ability to self-schedule appointments online with Kyruus ProviderMatch for Consumers.- With more than 10,000 comprehensive provider profiles searchable on the Banner Health website via the KyruusOne platform, Banner Health’s patients now have greater autonomy and flexibility in making their care decisions.Banner Health, one of the largest non-profit health systems in the US announced, has begun offering online scheduling for consumers through Kyruus
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Providers Struggle to Integrate Revenue Cycle Operations with Clinical Operations

by Fred Pennic 10/01/2019 Leave a Comment

Providers Struggle to Integrate Revenue Cycle Operations with Clinical Operations

- Navigant executive survey conducted by HFMA finds providers struggle to integrate revenue cycle operations with clinical operations. - Survey of 108 hospital and health system chief financial officers and revenue cycle executives find 62% suggest EHR adoption challenges have been equal to or outweighed benefits specific to their organization’s revenue cycle performance.- More than 60% of providers struggle to derive optimal value from their electronic health records (EHRs).Only 3% percent of
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Which Physician Specialties Have The Most Inpatient Cost Variation?

by Fred Pennic 09/24/2019 Leave a Comment

Which Physician Specialties Have The Most Inpatient Cost Variation?

- IllumiCare’s new research found thousands of dollars in disparities among providers of the same specialties taking care of the same type of patients, both across different hospitals and within the same hospital. - The variations stem from costs providers make judgment calls about — such as ordering medications, lab tests and radiological exams.-The report sheds light at how provider choices in medications, labs, and radiology tests create big differences in spend on a similar diagnosis/patient
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Simplee Integrates Patient Financial Engagement Platform with Cerner RCM Solution

by Jasmine Pennic 09/23/2019 Leave a Comment

Simplee Integrates Patient Financial Engagement Platform with Cerner RCM Solution

- Simplee integrates their patient financial engagement platform with Cerner’s revenue cycle management portfolio and consumer technology. - The integration makes it simple, efficient for providers to transform medical billing and payments into consumer-friendly experience.Simplee and Cerner Corporation today announced a new relationship aimed at price transparency, convenient billing and personalized payments options for consumers. Healthcare organizations will soon be able to use this
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Walmart Health Taps Zotec Partners to Power Patient Financial Experience

by Fred Pennic 09/20/2019 Leave a Comment

Walmart Health Taps Zotec Partners to Power Patient Financial Experience

- Walmart Health has formed an end-to-end RCM technology and services relationship with Zotec Partners to simplify the healthcare financial experience processes for its customers, including primary care, dental, vision, and mental health services. - Zotec’s technology will enable Walmart Health patients to schedule and register for appointments ahead of time, confirm or change insurance and demographic information, see estimated cost for services, receive text and email updates, efficiently
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Allscripts Certifies Redox as First Global Integration Engine of Allscripts Developer Program

by Jasmine Pennic 09/17/2019 Leave a Comment

Allscripts Certifies Redox as First Global Integration Engine of Allscripts Developer Program

- Allscripts has certified Redox as the first global integration engine of the Allscripts Developer Program (ADP).- Redox provides a single, global connection to Allscripts Unity APIs that digital health vendors can use to integrate and exchange data with approved Allscripts client sites.- All digital health vendors that are part of the Redox Interoperability Network will automatically be eligible for Allscripts Unity API access; these digital health vendors benefit from faster implementation
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Change Healthcare Unveils AI-Infused Charge Capture for Providers

by Jasmine Pennic 09/16/2019 Leave a Comment

Change Healthcare Unveils AI-Infused Charge Capture for Providers

- Change Healthcare unveils a new AI solution, Charge Capture Advisor that will help providers capture more revenue—automatically. - Charge Capture Advisor identifies potentially missing charges for services that providers performed before claims are submitted. - Change Healthcare’s AI for charge capture is trained on more than 500 million service lines and 180 million unique, de-identified claims that touch $245 billion in charges. Change Healthcare today introduced Charge
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