Focusing on these areas can help healthcare organizations reduce the incidence of denials, optimize revenue cycle performance and enhance overall patient satisfaction.
By properly selecting and implementing the right technologies for your practice you can reduce burnout and increase earnings. Follow these steps to double your reward.
Munck Wilson Mandala Partner Greg Howison shared his perspective on some of the legal ramifications around AI, IP, connected devices and the data they generate, in response to emailed questions.
In most cases, healthcare organizations choose not to let employees go following an RPA implementation. Instead, they reallocate their (human) resources where they can be better used, boosting employee satisfaction and easing staff burnout.
Advanced technologies, such as AI-guided robotics and automation, offer a potential solution to the provider shortage by freeing healthcare professionals from repetitive and time-consuming tasks and allow clinicians to focus on tasks that require a specialized touch.
There are resources medical institutions can draw on to relieve some of the burden from overworked, stressed-out physicians, nurses and staff – and many of them come in the form of technological advancements that may transform how we offer care in the years to come.
For healthcare providers, supply chain woes are a reminder of the havoc that results when a single element of a trusted delivery model breaks down.
At the Abarca Forward conference earlier this year, George Van Antwerp, managing director at Deloitte, discussed how social determinants of health and a personalized member experience can improve medication adherence and health outcomes.
When used correctly, RPA solutions can completely transform operational processes to drive financial efficiency, enhance employee engagement, and improve the customer (or in this case, patient) experience.
As RPA’s value for revenue cycle continues to be explored, leaders need to go beyond the hype and determine a practical path to innovation that takes into account the organization’s capacity for innovation and the road map that will best take the organization to its desired digital destination.
We believe the areas that will require the most adaptation are in value-based care payment models, digitally integrated and tailored care delivery and automation.
If the healthcare ecosystem wants to keep up with the millennials and the sheer numbers in which this generation is entering the workforce and economy, it is going to have to adopt an agile and evolving approach to technologies like AI, ML, RPA, among other digital technologies.
We will highlight Build My Health's revenue practice management tools, which could help physician practices add up to $250,000 to their practices.
In an era of high R&D costs and skyrocketing drug prices, pharmaceutical companies are being forced to look to new methods of innovation to alleviate the pressure. Robotic Process Automation (RPA) could help.