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Revenue Cycle Management is Top Software Investment Priority for Providers

By Jay Asser for Health Leaders Coming off the heels of the COVID-19 pandemic, providers are doubling down on software investments and prioritizing revenue cycle management to alleviate macroeconomic challenges, according to a report from Bain & Company and KLAS. The research finds that 45% of providers accelerated software investment over the past year, with 10% pulling…

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AMA Announces CPT update for COVID-19 boosters adapted to omicron

From AMA CHICAGO — The American Medical Association (AMA) today announced an editorial update to Current Procedural Terminology (CPT)®, the nation’s leading medical terminology code set for describing health care procedures and services, that includes eight new codes for the bivalent COVID-19 vaccine booster doses from Moderna and Pfizer-BioNTech. The updated boosters are adapted for the…

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Nearly half of healthcare workers ‘at their breaking point,’ survey finds

By Hayley DeSilva for Becker’s Hospital Review Forty-nine percent of  U.S. healthcare workers in a recent survey said they are either at their breaking point or looking for new work due to the stress and trauma they endure on the job, a Colorado addiction treatment center reported Aug. 18. All Points North’s “State of Mental…

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AMA Announces CPT Update for Monkeypox Testing and Vaccination

From For the Record Magazine The American Medical Association (AMA) recently announced an update to Current Procedural Terminology (CPT)®, the nation’s leading medical terminology code set for describing health care procedures and services, that includes a new laboratory test code for the orthopoxvirus and two codes for the vaccines being utilized to prevent monkeypox infection. These…

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The history of physician burnout

By Jina Sawani for Lab Blog According to a 2022 Medscape poll, burnout rates among physicians are steadily increasing. The publication defines burnout as a “long-term, unresolvable job-related stress that leads to exhaustion, cynicism and feelings of detachment.” This mental health concern endemic to medical professionals inspired Sam Schotland, M.A., a second-year medical student at the University…

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Is telemedicine an answer to physician burnout and staffing shortages?

By Bill Siwicki for Healthcare IT News With the huge initial swell in the use of virtual care in the rearview mirror, many industry experts – from health plans to big tech and practicing clinicians – are considering whether a doubling down on telehealth is just what the doctor ordered for the future of patient care.…

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The top 10 women leaders of health tech

By Georgina Gonzalez for Becker’s Hospital Review From big corporations to fast growing start-ups, women executives in the health tech industry are making a mark in their organizations. Twenty-five such leaders have been honored by the Healthcare Technology Report as exceptional in the healthcare software industry. The May 23 report named 25 women who work in healthcare…

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9 ways machine learning can revolutionize healthcare

By Georgina Gonzalez for Becker’s Hospital Review Machine learning can improve healthcare from streamlining administrative processes to carrying out medical and diagnostic analyses, Analytics Insight reported April 30. Here are nine areas of healthcare in which machine learning can be deployed to make meaningful differences: Machine learning can be used to create precision, personalized medicine by predicting specific…

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9 physician billionaires on Forbes’ 2022 list

By Laura Dydra for Becker’s Hospital Review Nine U.S. physicians appeared on Forbes‘ 36th annual list of the world’s richest people. The list featured 33 U.S.-based billionaire entrepreneurs, heirs, inventors and leaders in healthcare, and 2,668 billionaires all together. Below is the list of U.S. physician billionaires and their 2022 net worth. Thomas Frist Jr., MD. Co-founder of HCA Healthcare…

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