In the ever-evolving landscape of healthcare revenue cycle management, efficient denial resolution is paramount. Denied claims can lead to revenue leakage and administrative hassles for healthcare providers. To tackle this issue, innovative solutions have emerged, with AI-driven Denial Managers taking the center stage. In this blog, we delve into the Read more…
Staffing Shortages Hospitals are facing a nursing shortage nationwide. This includes Registered Nurses (RNs) and Certified Registered Nurse Anesthetists (CRNAs). This is because many current nurses are entering the retirement age and faculty shortages are limiting the acceptance of more nursing students. With that being said, due to the nursing Read more…
Introduction Generative AI, a transformative technology with the ability to autonomously create content, has become a significant force in various industries. Within the realm of healthcare providers, its impact is both groundbreaking and multifaceted. This article explores the intricacies of Generative AI, focusing on its applications and challenges, while also Read more…
Automation has revolutionized numerous industries, including healthcare. The CAQH 2022 index states that ‘increased automation and streamlined processes implemented so far have reduced the cost of our healthcare system by $187 billion annually’. In this blog, we explore the potential and challenges of automation in healthcare. As technology advances, healthcare Read more…
Revenue Cycle Management (RCM) is a critical aspect of a healthcare organization’s financial success, ensuring seamless and efficient coding, billing, and claim tracking. Traditional RCM practices have often been marred by complexities, leading to revenue leakage, claim denials, and administrative inefficiencies. However, the integration of Artificial Intelligence (AI) and Machine Read more…
The new AI powered chatbot – ChatGPT has taken the world by storm with its text generating abilities. It can assist in a range of tasks such as writing reports, drafting letters and essays, and aiding in other processes. Utilizing ChatGPT can benefit multiple industries including organizations in the healthcare Read more…
We are happy to be a part of the Solutions Summit 2023, an initiative of Emergency Department Practice Management Association (EDPMA) Leave Nothing to Chance – Engage, Execute, Excel. In frame: Dhruba Chakravarty (our General Manager), Rathi Dasgupta (our Sales Consultant), and a few Data-Core employees at the Bellagio Hotel Read more…
RCM Product harnesses the power of Artificial Intelligence and Machine Learning BRISTOL, PA. – April 5, 2023- Healthtek is pleased to announce that they will be exhibiting at the Emergency Department Practice Management Association’s Premier Event, EDPMA Solutions Summit 2023, being held at the Bellagio Hotel and Casino, in Las Vegas, Read more…
Artificial Intelligence has benefited the healthcare industry by improving patient experiences and access to healthcare services. Artificial Intelligence (AI) is defined as, “… the capability of a computer program to perform tasks or reasoning processes that we usually associate with intelligence in a human being.” (McKinsey & Company). The use Read more…
Practices in the healthcare industry operate using Revenue Cycle Management in order to remain viable. The billing process includes verifying insurance, entering patient demographics into records, specifying charge entries, submitting claims, awaiting payment posting, conducting follow-ups to secure payments, managing denials, and completing reports. These tasks are time-consuming and tedious. Read more…