Healthcare Financial Management Association 2023
In the current climate, healthcare systems are facing increased financial strain due to the ongoing effects of the pandemic. This reality, combined with the continuous pressure to reduce costs and improve efficiency, calls for innovative, solutions-oriented strategies that break away from traditional dependency models. The emerging role of Robotic Process Automation (RPA) and machine…
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Inpatient Nursing Needs Efficient, Innovative Technology to Boost Staff Morale
Navigating the intricate landscape of inpatient nursing can be a daunting task, especially with the rising wage rates posing significant challenges. It is vital, now more than ever, to implement innovative solutions that not only ensure equitable staffing ratios but also enhance the overall work experience of healthcare professionals. Implementing efficient cost cutting measures…
Health
Bridging the Gap: Tech-Enabled, Physician-Led Clinical Documentation Solutions
Healthcare brings in plenty of money via payments and funding, but due to a lack of coding solutions, not all healthcare professionals get paid for their work. Even if a physician goes get paid, it can take some time, or some of the work they have done gets lost in the cracks, along with…
Health
Up-leveling the Consumer Experience in Healthcare
Highway to Health’s David Kemp attended HFMA 2023 in Nashville and got some interesting insights on up-leveling the consumer experience in healthcare. Seth Cohen, President of Cedar, and Jeremy Church, CFO at Keck Medicine of USC, took a moment to sit down and discuss the importance of enhancing the patient experience through digital engagement strategies….
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Virtual Nursing is a Direct Response to Recent Issues in Healthcare Says the Company Leading the Charge
Virtual nursing is a fairly new concept but it’s likely to be crucial in the future healthcare solutions. Due to a lot of data-driven decision-making in various fields, healthcare is no exception, with organizations increasingly leveraging data to streamline processes, improve financial health, and enhance patient care. As the sector grapples with challenges like…
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A Changing Healthcare Landscape is Pressuring Costs on the Industry, But Technology is Swinging in With a Resolution
With an evolving healthcare landscape, organizations face increasing pressure on their profit margins, stemming from rising labor and supply costs, declining reimbursements, and the intricate dynamics of healthcare billing. Striking a balance amid these challenges requires innovative strategies and tools to measure, motivate, and retain the highest performers – the human capital that ultimately…