Financial/Revenue Cycle Management

Its single cloud-based database integrates emergency department, ambulatory, financial, revenue cycle and enterprise resource planning data, the company said.

Dugan Winkie, head of Commercial Strategy at Cedar, describes how virtual AI agent Anna offers consumers a safe space to ask questions and make payments.

Inefficiencies in submitting and paying claims, compounded by legacy IT architectures, result in growing administrative spending and healthcare costs.

The Barcelona-based venture firm will use its recent haul of €180 million ($200 million) to invest in healthcare technologies worldwide, says Maite Malet, its director of investments and corporate development, who explains how and where.

In what it's calling "one of the most ambitious initiatives in its 250-year history," NewYork-Presbyterian has launched a new $2 billion capital campaign that has advanced technologies and digital transformation as core goals.

AKASA cofounder and CEO Malinka Walaliyadde says automation has helped the revenue cycle company find a return of $1.5 million in recovered additional revenue per each $1 billion of total patient revenue.

With automation, turnaround times are now 40-45 days – way down from 90-120, previously. And before the tools were in place, the team was credentialing eight applicants per month – now that number is 35.

BRIDGE – Blueprint for Resilient Integration and Deployment of Guided Excellence – is meant to be an "evidence-based framework that health systems can rely on to not just adopt AI but to help scale it across their operations."

Although Medicaid is the single largest payer for mental health services, states’ disenrollments and changes to Medicaid managed care programs complicate the billing and claims process further.

Reimbursement requirements for mental and behavioral health services have become more complex, leaving many providers struggling to balance the priority of the patient experience and financial stability.