First, there was the need for healthcare; then it evolved into quality healthcare which could not be achieved without investing inordinately in the healthcare system. Then the inception of the digital revolution and the emergence of new technologies led to a reduction in healthcare expenditure. Digitization has undoubtedly transformed the healthcare sector making healthcare accessible … Read moreCyber Security In Healthcare
“If patients don’t know the cost of care and cannot see costs across providers they can’t seek the lowest cost as they can in any other industry,” Verma said in a phone call with reporters. “The lack of price transparency has resulted in a system that doesn’t allow patients to make value-based decisions based on … Read moreHealthcare Billing Transparency
Ever-changing healthcare technology has a significant impact not only on enriching patients experience but also on how healthcare practices process. From the invention of stethoscope and anesthesia in the early 1800s, the journey of healthcare technology has been nothing short of amazing. Digitization has played a pivotal role in mitigating the roadblocks for an efficient … Read moreDIGITAL DISRUPTION IN HEALTHCARE
“Practicing value-based care works to address the nation’s chronic disease epidemic by giving physicians the support and data they need to focus more on prevention and reduce acute care episodes,” Roy A. Beveridge, MD, Humana’s chief medical officer, said in a statement. “This model allows physicians to focus time and energy on those patients who … Read moreVALUE-BASED CARE AND RCM
Escalating Account Receivables days? Delay in insurance payment? The aforementioned statement is enough to give a healthcare practice’s operator sleepless nights. Optimizing account receivables is crucial to keep the healthcare facility running in a stable condition. Streamlined AR results in fast track claim reimbursement with its timely follow-up, comprehensive denial management to contribute to an … Read moreIMPROVE PRACTICE’S A-R MANAGEMENT