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…
Over the past decade, health care systems and hospitals have adopted digital technologies in different business and functional areas. Digital transformation can be viewed as a modern approach to delivering care to meet the well-being requirements of the consumers while also refining the existing processes. The US Healthcare market is Read more…
Artificial Intelligence (AI) is a boon to the healthcare industry. It has gained significant traction in recent times from optimizing healthcare operations to providing superior diagnosis and treatment. Today we will look at some exciting examples. 1. Cleveland Clinic, Ohio (uses AI to personalize healthcare plans) The Cleveland Clinic teamed up with Read more…
Revenue Cycle Management is the driving force in ensuring hospitals and healthcare facilities maintain a healthy balance sheet. Unfortunately, COVID has caused 86% of healthcare providers to see a decrease in revenue, according to a survey by HFMA. President of TruBridge, Chris Fowler, stated in the survey report, “In general, Read more…
What is Artificial Intelligence? Artificial Intelligence (AI) is defined as computers imitating “intellectual processes characteristic of humans, such as the ability to reason, discover meaning, generalize, or learn from past experience” with the ability to achieve goals. AI in healthcare is known to “help manage and analyze data, make decisions, Read more…