Healthcare EDI (Electronic Data Interchange) has been used for decades. Payers use healthcare EDI to determine healthcare coverage and verify benefits. EDI is as important as several other data exchange formats in the healthcare industry. Healthcare EDI has transformed the healthcare industry, manufacturing, and supply chain.
So what is healthcare EDI?
Healthcare EDI is a way for healthcare organizations to exchange data to and from external systems and entities. Instead of preparing such data manually and risking...
Remote Patient Monitoring can Address Major Inequities in Senior Care
Remote patient monitoring (RPM) is the use of digital and telecommunication technology for monitoring patients outside medical settings. In other words, providers monitor patient vitals when the patients are not in a clinic or a hospital. The idea might seem novel, but the concept has been around for well over a decade. But few in the medical and legal circles gave it serious consideration.
There were personal gadgets like smartwatches and...
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.
Remote Patient Monitoring Can Help Contain the Growing Epidemic of Chronic Diseases
It is estimated that more than 40% of Americans suffer from at least one chronic disease. Many of them even suffer from more than one. Furthermore, experts estimate that the cost of chronic diseases, including the healthcare cost and the loss in economic productivity, to be approximately $3.7 trillion each year. Specialists in public health concur that this is a genuine healthcare crisis in the country.
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...
The Transformative Effect of Healthcare Software Development
Digitization has revolutionized the way we work and organize. It has accelerated the pace of operations across every industry. When it comes to healthcare, software has digitized many workflows in clinical activities, research, as well as patient engagement. The growth of healthcare software development has ushered in waves of innovative applications that have helped clinicians deliver better care and for patients to have a good medical experience.
