Lack of healthcare transparency. The tensions caused by prior authorizations. The tradeoffs between cost and care. These aren’t abstract concepts to Myndshft’s Director of Talent, Maria Montoya. Here is her story. “You’re too young to be here.” After trite introductions, those were the first words spoken by a silver-haired surgeon explaining the implications of my breast biopsy. Two months after my 30th birthday, flanked by my mother and husband, this man laid out the road ahead: first there would be surgery, likely not chemo, no radiation. It was still early, but nonetheless clear that I had breast cancer. I recall… Read entire article here
March 19, 2022
Bringing Real-Time Medical Benefits Checks to the Point of Service Through Automation
This infographic provides an illustration through the current manual process of the up front process of revenue cycle versus the automation process path. Through the journey you are able to visualize the reduction in manual labor to your current manual process to see the impact it would make on your staff, the improvement in price transparency to patients, and increasing collections at the point of service. Leverage price transparency at the point of service to improve the patient experience. Leverage collection opportunities at the point of service Reduce manual labor on administrative paperwork Focus on the work that matters, providing… Read entire article here
February 22, 2022
The 21st Century Cures Act and its Impact on Healthcare IT
The 21st Century Cures Act and its Impact on Health IT Some important healthcare legislation was passed early last week that you might have missed, but which has even more relevance given the significant care coordination challenges in dealing with the COVID-19 outbreak, testing, and quarantine requirements. The Office of the National Coordinator for Health Information Technology (ONC) passed the Cures Act Final Rule, which is designed to provide patients and providers secure access to health information. Meanwhile, the Centers for Medicare & Medicaid Services (CMS) passed the CMS Interoperability and Patient Access Final Rule, which is designed to provide… Read entire article here
February 21, 2022
The Future of Revenue Cycle Management: Intelligent Process Automation
Healthcare organizations face mounting challenges in their battle to control costs and deliver quality patient care. Revenue Cycle Management (RCM) continues to be one of the most daunting obstacles to realizing efficiencies without compromising care. Fragmented processes, disjointed data sources and increasing regulatory policies all add layer of complexity and costs in an area of healthcare that touches every player including the patient. Intelligent Process Automation (IPA) is emerging as one of the most transformational technologies that can help healthcare providers by automating many of their labor intensive, costly, and error prone tasks. IPA has the potential to free up… Read entire article here
