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Category: Healthcare Technology

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June 21, 2019

The Future of Revenue Cycle Management: Intelligent Process Automation

by Developer | Healthcare Administration, Healthcare Technology

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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

June 21, 2019

Introducing our Robotic Process Automation Solution -M:IA

by Developer | Healthcare Administration, Healthcare Technology

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M:IA™ is our advanced process automation application purpose built for modern businesses. It is the industry’s only intelligent process automation solution on the market with native artificial intelligence. M:IA™ is built on CognitiveBus®, our enterprise-grade AI/ML blockchain based platform. M:IA™ is delivered in an as-a-service model with no software or licenses to purchase. Key features include: Modern Architecture – Built on modern, modular architecture for flexibility, agility, and intelligence Elastic – Scale from one to thousands of nodes (bots) in minutes. This provides immediate flexibility and responsiveness to support peaks in demand Secure – The platform provides the highest level of security, privacy, and… Read entire article here

June 21, 2019

Automating the Prior Authorization Process

by Developer | Healthcare Administration, Healthcare Technology

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Prior authorizations were created, in theory, to reduce the amount of unnecessary or redundant medical treatments, and therefore cut costs and improve patient safety. But in practice, the benefits of prior authorizations have only served to increase the cost for providers. Mention prior authorizations in a room full of physicians and you’re likely to see a fairly animated reaction. According to the Journal of the American Board of Family Medicine, prior authorizations cost the healthcare industry between $23 and $31 Billion each year and the American Medical Association found that the only other measure that physicians rated lower was patient cost… Read entire article here

June 21, 2019

Real World Use Cases of Blockchain for Medical Devices

by Developer | Healthcare Administration, Healthcare Technology

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Anyone would be hard pressed to have missed the incredible growth in value of Bitcoin in the past year. Starting at less than $1,000 in early January 2017, it crested at nearly $20,000 before the end of the year—and just like that, the cryptocurrency craze had captured the attention of the world. Certainly, it has been an exciting ride, but what has been just as interesting but capturing much less attention is the technological plumbing that makes Bitcoin work—blockchain. For companies that are paying attention, blockchain represents a far greater potential to disrupt every industry than Bitcoin and cryptocurrencies. Imaginations… Read entire article here