All You Need to Know About Revenue Cycle Management in Healthcare Industry

All You Need to Know About Revenue Cycle Management in Healthcare Industry

In the increasingly complex healthcare industry, efficient revenue cycle management is essential to optimize payment and maximize profits. Revenue cycle management refers to the management of the financial processes that involve healthcare providers to manage revenue from patients, insurers, and other third-party payers. It encompasses the entire healthcare process from initial patient registration to final…

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Data Analytics: The Future of Healthcare

Data Analytics: The Future of Healthcare

The healthcare sector is becoming increasingly more data-driven, with data analytics playing a major role in improving healthcare service delivery and patient outcomes. Data analytics tools help physicians better understand the changing health needs of their patients, identify areas for improvement within their practice, and make informed decisions to improve patient care. Let’s take a…

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Millions Face Medicaid Loss When COVID PHE Ends

Millions Face Medicaid Loss When COVID PHE Ends

  The COVID Public Health Emergency (PHE) ends in mid-May and could adversely impact healthcare insurance for millions of Americans. The PHE extended Medicaid eligibility allowing millions to receive healthcare insurance. However, a little-publicized change about the PHE ending is that roughly 18 million will lose their Medicaid coverage. As of April 1, 2023, states…

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Over 500 Healthcare AI Algorithms Now Approved by FDA

Over 500 Healthcare AI Algorithms Now Approved by FDA

The FDA recently announced that more than 520 FDA-approved artificial intelligence (AI) medical algorithms are now available in the United States. AI algorithms in medicine are not new — the FDA approved the first AI algorithm in 1995. Growth was slow over the next 18 years. AI usage has dramatically risen in the last decade,…

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