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Healthcare Automation with Revenue Cycle Operations

Automation in healthcare involves the use of different software that promotes efficiency in the provision of medical services. This technology employs modern techniques and tools for efficiency reasons. When it comes to claim preparation and billing, it is a key driver of healthcare costs.

Impact of Care Delivery Variation on Costs

A study conducted by an advisory board from April 2014-March 2017 focused on 468 hospitals best practices in healthcare and found that high-quality hospitals deliver lower cost care for approximately 82% of the diagnoses by reducing care visitation. This reduction resulted in better outcomes, such as lower complication rates. The analysis found that hospitals spend up to 30% more to deliver care with comparable or lower quality outcomes.

Don’t Wait for a Data Breach Disaster

The healthcare industry experienced 26.1 million with patient records being breached in 2020 and 24.1 of the breaches were healthcare cyber attacks. The end of 2020 saw a host of ransomware attacks and vendor-related breaches that outpaced previous years in the healthcare sector.

COVID-19 Pandemic and its Global Effects:

Introduction

Novel Coronavirus, a respiratory virus that has brought drastic changes in today's world. The COVID-19 outbreak in Wuhan City, China, where the first human case was reported in late December 2019. A retrospective investigation conducted by Chinese officials traced a wholesale food market as the epicenter of the outbreak.

Why is a Compliance Plan Crucial?

The pandemic has exposed healthcare to new perils, requiring most practices and hospitals to update and revamp their policies. To ensure a seamless deliverance of patient care, clinics and hospitals should ensure that its legal system is in place in order to provide protection against any harmful legalities and for guaranteeing that the staff and patients are protected and have a clear understanding of all OSHA and HIPAA compliance procedures.

CODING AND BILLING FOR THE COVID19 VACCINE?

Typically, vaccines require years of research, testing, and evaluation before it makes it to the clinical trials. However, in 2020, the researchers and scientists were up against the race of time, embarking on the expedition of saving human lives through the earliest breakthrough possible.

The Future of Medical Coding With AI

Artificial Intelligence and Machine Learning are not just buzzwords for modern-day innovation. It is what defines the future of the technology industry and practically every other industry, including healthcare. Almost nothing in the healthcare industry remains the same, be it the methodologies or business aspects.

The Guide to Curing The Healthcare Staffing Deficiencies

Health care is more than providing a hospital bed and room for patients; it is about the professionals looking after them. Healthcare professionals are on the front line of patient care and serve as the backbone of the entire healthcare system. As the world’s patient population continues to grow and age, the healthcare system struggles with recruiting and retaining qualified professionals to meet the increasing demand.