Weekly Roundup – August 10, 2024

Welcome to our Healthcare IT Today Weekly Roundup. Each week, we’ll be providing a look back at the articles we posted and why they’re important to the healthcare IT community. We hope this gives you a chance to catch up on anything you may have missed during the week.

What Financial Challenge Doesn’t Get Talked About Enough? We posed this question at the recent HFMA conference. Topics included unpacking the ROI of patient safety, addressing financial outcomes for patients, and reducing fraud and waste. Read more…

The Evolution of the RCM Technology Adoption Model. HFMA created the RCMTAM to help organizations see how technology can impact the revenue cycle. We sat down with experts from FinThrive, UC San Diego Health, and CereCore to learn specific examples of how the framework has improved efficiency and financial outcomes. Read more…

Improving RCM With True AI and Machine Learning. We asked the Healthcare IT Today community a series of questions about improving RCM. First up was the role of AI. Top benefits included payment acceleration, transparent pricing, streamlined prior authorization, trend prediction, personalized communicationand more. Read more…

How Data Analytics and BI Support Proactive RCM Decision-Making. Next up was an important question about technology’s role in enabling data-driven revenue cycle decisions. Key included opportunities real-time financial performance monitoring, as well as predictive modeling of underpayments or denials. Read more…

Leveraging Advanced Technologies and Automation in RCM. Another recent discussion topic for the Healthcare IT Today community highlighted the value of automating patient outreach, charge capture, payment plan creation, denials management, and more to streamline the revenue cycle. Read more…

A Highly Customizable – and Free – AI Medical Scribe. John Lynn connected with Dr. Tom Kelly at Heidi Health to learn about different use cases for automated note-taking in various medical specialties. They also touched on how AI and LLMs can detect and correct errors in transcripts. Read more…

Review: Objective Data for Assessing ADHD from Qbtech. John and his wife tried the demo version of Qbtech, which provides a clinical-grade ADHD test. The results offered clues into a potential diagnosis and showed promise as an objective way to measure ADHD. Read more…

Are We Heading For a Day When RCM Will Be Completely Automated? Colin Hung sat down with Inovalon’s Michael Quinn, who said AI is improving data mapping and analytics in the revenue cycle today – and confirmed that people still need to be part of the process. Read more…

Healthcare IT Today Podcast: Eliminating Manual Work. Scott Overholt at Vyne Medical joined John to address the key steps to streamlining the administrative officeespecially when it comes to fax. Read more…

Why Platforms Are Poised to Help Organizations Address Nurse Staffing Challenges. Jane Jeppson at Nursa described how nurse staffing platforms allow for flexibility and improve work-life balance for nurses all too often experiencing the pains of burnout. Read more…

A Statistician’s Perspective on AI and Data-Driven Healthcare Research. Justin Manjourides at Northeastern University offered five key questions for using AI in research, including whether you have the appropriate data and whether the insights you’re getting are reliable. Read more…

This Week’s Health IT Jobs for August 7, 2024: Multiple roles for solution architects as well as document specialists. Read more…

Bonus Features for August 4, 2024: 60% of consumers are willing to use AI tools to get answers to health questions, plus GE and AWS are partnering to build generative AI for diagnostics. Read more…

Funding and M&A Activity:

Thanks for reading and be sure to check out our latest Healthcare IT Today Weekly Roundups.