Healthcare providers’ operating margins declined in November due to lower patient demand levels and persistent increases in expenses, according to a report released this week by Strata Decision Technology.
Hospitals saw notable decreases in patient…
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Toronto-listed HEALWELL AI is making a multi-million-dollar purchase of New Zealand-based Orion Health to combine their capabilities in data infrastructure and AI. The Canadian healthcare AI company signed a deal to acquire Orion Health, which offers health…
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Hospitals’ finances have remained much more stable in 2024 than last year, according to a new report from Kaufman Hall. The report is based on financial data from more than 1,300 hospitals, with the…
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Dave Lamar, Chief Growth Officer of MediQuant
Organizations of every size and industry experience challenges associated with technical debt, which refers to future costs and inefficiencies resulting from not retiring outmoded IT applications.
The challenges are…
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Many healthcare providers saw their revenues, operating margins and patient volumes increase this July, despite the fact that expenses continue to grow, according to a new report from Strata Decision Technology.
The report is based…
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Priti Shah, Chief Product and Technology Officer, Iodine Software
Forward-thinking hospitals have long recognized clinical documentation integrity (CDI) and utilization management (UM) as priorities for a successful revenue cycle. The current economic climate only underscores…
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16-hospital health system OSF HealthCare, based in Peoria, Illinois, has put together mandatory education for all 24,000 employees. It has a deliberate strategy behind making sure everyone – from the custodian to the CEO…
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Since the Deloitte Center for Health Solutions began surveying healthcare finance leaders in 2020, cost reduction has consistently been a top three organizational priority or concern. But in 2024, cost reduction dropped to the…
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What You Should Know:
– A new report from Strata Decision Technology reveals mixed signals for the financial health of US hospitals. While operating margins have improved significantly year-over-year, rising drug and supply costs threaten…
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RapidClaims Launches from Stealth with $3.1M Funding to Tackle the Core Issues Behind Claims Denial
Healthcare organizations are turning to automation with “revenue cycle management” to protect operating margins and the increasing claim denials from…
