The medical billing process’s bureaucracy and behind-the-scenes conspiracies mean that the revenue cycle is much more complicated than in the days before the industry started introducing software automation tools to the mix. The medical billing process today is also so complex that it is typical for bills to take not only days, but months to…
DetailsThe COVID-19 pandemic has shifted telemedicine from an anomaly and outlier to a necessity overnight, and doctors say they can’t see ever going back to their old model of care. As we experience a resurgence in Covid-19 cases, healthcare consumers are continuing to adjust their expectations for what healthcare will look like in the future.…
DetailsIn these difficult times of disruption, such as COVID-19 pandemic, Data management and analytics are essential to managing both the current disruption and the move to a “new normal” The COVID-19 pandemic has proven to be a catalyst for organizations to question their data capabilities and to reassess their data management strategies. Large amounts of…
DetailsAccounts receivable is one of the major factors in the revenue cycle management. With almost all major economies of the world coming to a standstill due to stringent lockdown and social-distancing measures, most organizations are reeling for cash. The tremors of disruption have been felt across supply chains. Hospital administrators are doing their best to…
DetailsAs the world continues to deal with the COVID-19 pandemic, telehealth is emerging as an effective and sustainable solution for precaution, prevention and treatment to stem the spread of COVID-19 and is offering an excellent way for practices across the country to care for patients. Telemedicine which is used for those with and without the…
DetailsThe world population is in billions and it keeps growing. Since the pandemic, more and more people are working from home. Technologies just like the Internet of Things, edge computing, and AI are being adopted at increasingly rapid rates. It’s phenomenal to contemplate the amount of change we are all currently experiencing. On numerous levels,…
DetailsSetting up an efficient AR (accounts receivables) management strategy is an important part of any successful business. Even though there is no such company which intends to adopt weak accounts receivable policies but lack of planning or a failure to focus on any function can result in unintended consequences. Maintaining a healthy cash flow is…
DetailsFor healthcare organizations with an inefficient A/R infrastructure, billing is usually delayed or are often inaccurate. This can lead to a reduced bottom line alongside worsening your patients relationship with your hospital when inefficiencies occur. Without the acceptable A/R structure, administrative issues and redundancies may exist which will have a significant impact on the efficiency…
DetailsThe majority of data in the world has been generated over the last few years. As we have adopted the Internet of Things, we’re now on track to beating any and all records of data generation year-on-year. Over the time, you may have realized the importance of data and the need to govern it properly…
Details