Supply chain resilience is far too important to leave with the supply chain specialists. Health systems must elevate the resilience issue to the corporate strategy level and involve officers from other functional areas as well.
Technology alone is not the answer to the capacity crisis facing healthcare. But when thoughtfully integrated into care delivery operations, digital tools can help healthcare organizations rebalance workloads and stabilize patient access.
Healthcare payments are no longer about transactions. It’s about controlling the revenue cycle. And increasingly, that control is not sitting with ISOs.
Midstream Health is taking a bit of a different approach to healthcare AI by focusing on reducing hospitals’ costs rather than boosting their revenue. The startup uses AI to identify savings opportunities across fragmented spending data, which helps health systems like Mount Sinai and CommonSpirit quickly improve their purchasing decisions.
Every health plan is required to use real-time benefit tools, which allow physicians to access drug pricing and a patient’s benefit information at the point of care. But, to date, RTBTs haven’t delivered on the promised savings.
The company touts its personalized approach to helping patients who need the most support with medications, like those who are managing multiple health conditions.
Falls are the No. 1 cause of injury and injury-related emergency department visits for adults over 65, costing tens of billions annually. But many healthcare plans are performing poorly in fall prevention.
By reducing administrative burden and redesigning workflows around human needs, it creates space for what matters most: connection between clinicians and patients.
The Florida-based hospital worked with GE Healthcare to open a command center last year to manage clinical care operations. According to the hospital, the center has helped it save $40 million and manage patient flow and bed capacity amid the Covid-19 pandemic.