Virtual visits are going to be a larger part of health care moving forward and doctors need to embrace it to succeed. The pandemic brought telehealth into the mainstream for many physicians and patients. Usage rates have declined from highs in April, but experts say that telehealth will play a much bigger role in health […]
For healthcare business owners, keeping up with digital transformation can feel overwhelming. Deciding which advancing technologies are worth investing in and getting the team on board with change is often the daunting part. Besides, adapting to the digital age requires a shift towards flexible and risk-taking mindset. Innovation is the game here, with the […]
Medical billing and coding is an integral component of healthcare. The medical coding outsourcing market alone is projected to reach16.9 billion dollars by 2021. However, coding accuracy is an ongoing challenge. To maximize efficiency and accuracy of the medical coding process, companies are testing the possibilities of Artificial Intelligence (AI) applications. The current problem […]
Every year, the Trends in Healthcare Payments Annual Report is distributed to start a conversation about the current state of the industry and shine a light on areas where change is needed. For healthcare providers, the report has consistently found that more of their revenue is dependent on out-of-pocket payments from consumers and less is […]
In healthcare, our adaptability and innovative execution in the weeks since the novel coronavirus outbreak has been faster than at any time in the decades the industry has been pursuing system wide innovation. Healthcare innovation combining technology, data integration and data sharing with a core of human-centered care has become our battle cry against COVID-19 […]
Much attention is, rightly, going to the major overhaul of evaluation and management (E/M) office visit codes that will take effect in 2021 and is designed to reduce physicians’ documentation burden. But there are changes that have already taken effect Jan. 1, 2020, that acknowledge new ways of communicating with patients and practicing medicine that […]
Building alternative revenue streams source will play a bigger role in healthcare providers’ strategies, according to a new study. Ninety percent of hospital and health system executives surveyed indicated that new revenue streams were an urgent priority expected to yield a return in the next three years, a new study from Boston-based Partners Health Care […]
Data security is now one of the top aspects of healthcare technology. It can make or break patient satisfaction and institutional reputation. Healthcare providers have a professional obligation not only to care for their patients’ health but also to protect their patients’ data. Cyber crime is on the rise against the sector because healthcare providers […]