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Media Center
Keep up with the industry's highlights and Effy's milestones, products and services news.
Data quality in healthcare: Current problems and possible solutions
Oct 20, 2022
Data quality in healthcare can directly affect patient outcomes, physicians’ decision-making abilities and more. Unfortunately, there are many examples of data quality issues running rampant in healthcare. Improving healthcare data quality is a crucial and ongoing process. Here’s a closer look at how data quality impacts healthcare.
TechRepublic
What Healthcare Could Learn From Consumer-Driven Industries
May 10, 2022
Today’s connected consumers have grown accustomed to seamless and personalized experiences across categories—whether they’re ordering groceries through an app, streaming movies across devices or buying clothes online. But in healthcare, consumers don’t have that same power.
Forbes
How next-generation automation technology can improve healthcare revenue management
Apr 11, 2022
The revenue cycle is incredibly complex due to shifting payer requirements, continuous regulatory compliance and coding updates, and emerging and evolving payment models. That complexity increases the administrative burden and drives up cost for providers.
MedCityNews
Fixing Data Overload in Health Care
Mar 16, 2022
Many health care organizations are plagued by data overload. The result is their boards, leaders, and managers don’t have the data they need to identify areas in need of improvement and track progress in addressing them. A five-step approach, however, can solve this problem. It was derived from work with thousands of health care organizations.
Harvard Business Review
Understanding the Healthcare Revenue Cycle Process
Mar 8, 2022
Healthcare revenue cycle is the lifeblood of any hospital or health system.
It comprises all the activities that lead to payment for services provided, from patient registration to verification of benefits to care delivery, claim submission and reimbursement. It also involves communication — with patients, insurance companies, government payers such as Medicare and Medicaid.
As one former HFMA Chair describes it, “Efficient, effective revenue cycle management [is] key to our survival. It also directly impacts our ability to contribute to the health and well-being of our communities.”
HFMA
The current state of AI in healthcare – 6 important trends for 2022
Nov 28, 2021
Artificial intelligence has changed the face of consumer and enterprise technology in recent years. Even though artificial intelligence is making inroads in different fields, life sciences and healthcare are two areas where AI is making a huge impact. In addition, with added research and development, the applications of artificial intelligence in the healthcare sector continue to grow.
iTMunch
Claims Denials and Underpayments—What’s Impacting Your Health Care Clients’ Bottom Line?
Oct 25, 2021
It is commonplace to believe that enrolling in a health insurance plan allows you to visit your provider for the health care goods and services necessary to treat your condition, and in turn, the provider will receive payment for the services you received. This is not always the case.
Law.com
ARTIFICIAL INTELLIGENCE (AI) – A BOOST TO BETTER MANAGE HEALTHCARE REVENUE CYCLES
Oct 18, 2021
The global pandemic resulted in numerous changes in healthcare, both in terms of practice and behind-the-scenes procedures. As we head into the new normal where technology has become the way of life, healthcare organizations are rethinking their strategies, thus making artificial intelligence (AI) in healthcare and revenue cycle management a hot topic.
Analytics Insight
Leaders Say Efficiency, Not Finances, is Top Rev Cycle RPA/AI Benefit
Oct 13, 2021
More than 80% of leading health systems that are using RPA/AI say their primary reason for investing in the technology was improving financial performance, but once the technology was in use, they said efficiency was the top benefit.
HealthLeaders
Artificial Intelligence In Healthcare: 10 Medical Fields A.I. Will Change Completely
Sep 1, 2021
Artificial intelligence in healthcare has an unimaginable potential. Within the next couple of years, it will revolutionize every area of our life, including medicine. I am fully convinced that it will redesign healthcare completely – and for the better. Let’s take a look at the promising solutions it offers.
The Medical Futurist
Are We Approaching AI’s Big Moment in Healthcare? Let’s Hope So
Aug 3, 2021
Terrific examples of the leveraging of AI and machine learning are emerging everywhere in healthcare; the time is now to address urgent cost, efficiency, and care quality issues across the U.S. healthcare system
Healthcare Innovation
Slack Is Needed If The Digital Transformation Of Healthcare Is To Succeed
Aug 3, 2021
“Slack time does something more than what we thought,” the authors say. “You need a creative idea for sure, but you also need to tell people about it and you need to put some effort into raising money. Slack time may give you the opportunity to do those mundane, execution-oriented tasks.”
Forbes
Transformation Never Ends, Says New Chief Digital Officer
Jul 22, 2021
“You've never transformed. You're always transforming. And if you're always transforming, then it becomes much easier to figure out what are the offline or antiquated services that we can digitize, and then secondly, where can we innovate to create something new.” - Jason Szczuka, Chief Digital Officer, Bon Secours Mercy Health
HealthLeaders
Using advanced analytics to look at the ‘whole person’ for better value-based care delivery
Jul 13, 2021
By embracing flexible healthcare analytics solutions that measure and analyze across different data sources and promote a holistic approach to healthcare delivery, providers are better positioned to drive value-base care success.
MedCityNews
Pandemic Shines Spotlight On Big Data And AI In Life Sciences And Healthcare
May 25, 2021
Today, Fortune 1000 companies are managing exponentially greater volumes and sources of data, while leveraging emerging technology capabilities including machine learning and AI to gain ever more granular insights into market opportunities. Companies are leveraging computers to do the work that they once relied on humans to perform.
Forbes
Pandemic scrambled priorities of hospital CIOs, according to survey
May 19, 2021
Stoltenberg Consulting annual’s healthcare IT outlook survey concludes that the COVID-19 pandemic has rearranged their priorities. Moreover, the pandemic has "raised the bar for the digital health experiences."
HealthcareDive
Revenue Assurance Market – Increasing Incidence Of Revenue Leakages Is One Of The Prominent Factors Expected To Drive The Market
May 19, 2021
Key factors that are driving the market growth include an increase in complication of networks & services coupled with the rising usage use of technology by fraudsters.
Digital Journal/GetNews/Grand View Research, Inc.
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