American healthcare is extremely complex with many layers of regulation and bureaucracy. From the time a person walks in for a consultation, to the moment when the doctor gets paid for his services, there is an elaborate series of steps that need to be carried out for everything to work out smoothly.
Managing appointments, verifying insurance coverage, documenting the visit, medical coding, and submitting a claim to a payer are the steps of processes that transpire between a scheduled appointment and a doctor getting paid for his services. Needless to say, it is a very long, time-consuming, and laborious process that is also prone to errors. But digitization has alleviated much of the problems that haunt these procedures. Thanks to innovations in healthcare technologies, there are digital solutions from multiple companies for each of the processes mentioned above. However, all of them need to work together seamlessly in order for providers to derive value for their investment in the solutions.
How can Healthcare Automation be a Key to a better future of Operations of Healthcare?
Nowadays, Technology has been more critical than it was before in the Healthcare Sector. We do consider Technology as more of a convenience in our daily life. All thanks to Healthcare Automation, where excess work is done at no time-saving costs, man-work, time, etc. It is not wrong to say that Automation has forced us to adapt to survive. The healthcare systems across the world are...
Remote Patient Monitoring Can Be a Game-Changer for Healthcare
As the name indicates, remote patient monitoring (RPM) involves the use of technology to monitor patients’ health and vital signs outside clinical settings. It has shown enormous potential to improve accessibility to care and address many inequities. Although the idea behind RPM was conceived over a decade ago, the Covid-19 pandemic pushed many providers as well as patients to re-think their stance on RPM.
Innovations in health information gathering form the cornerstone of...
Is Revenue Cycle Management Software A Mandate For Healthcare Providers?
Revenue cycle management is a two-way process offering providers with seamless reimbursements and patients prompt care. It is eminent for any healthcare entity and should be streamlined using the best digital tools of the technical world.
What is revenue cycle management?
The process includes conceptualizing a strategy to manage the healthcare revenue cycle clinical and administrative functions. It conjures several terms such as appointments, invalid deductions, billing systems, remote patient care, patient data, and much more when related to healthcare providers. Starting from a single call for the appointment, the cycle revolves around certain steps and concludes when the payments have been closed for the treatment. The main goal of managing revenue is to identify any loopholes in the entire cycle. When done properly, revenue cycle management can help maximize claims and enhance return on investment.
In addition to helping streamline the entire process lifecycle of filing out claims and submitting them, software for medical coding and billing allows providers to track each of the claims submitted. This is yet another tedious, manual task that non-medical staff at hospitals and clinics need to put up with. It’s no secret that claims could take days to get approved for providers to get reimbursed. So, medical coding systems that also include billing and claims tracking features would help...
Augmented and Virtual Reality are the Most Promising Examples of Healthcare Software Development
Software development has seen innovations that have helped every industry that one can think of. It won’t be a stretch to say that we are living in the software age, just as mankind lived in the stone age, bronze age, iron age, and so forth. When it comes to healthcare, software development has focused on addressing many issues in the industry in the last decade. From improving clinical...
Healthcare Automation Can Improve Patient Engagement
Healthcare usually involves patients going to a doctor for consultations, the doctor examining them, and finally prescribing treatment. In the midst of the clinical visit, the patients generally ask some questions about their condition, which the doctor answers. After the consultation, the patients leave the clinic and go their way. In other words, this type of care has a uni-directional flow where the doctors speak and the patients listen. But real care begins after the...
