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By Andrew Cass for Becker’s Hospital Review Eighty-two percent of health system CFOs said that payer denials are higher than pre-pandemic levels, compared to only 2% who say denials have decreased, according to a report from the Healthcare Financial Management Association and Eliciting Insights. “HFMA Health System CFO Pain Points 2024” is based on a…
By Mackenzie Bean for Becker’s Hospital Review Health systems’ leadership benches have expanded in the last year, as new executive titles make their way to C-suites in response to changing industry dynamics and emerging challenges. Nearly two months into 2024, this trend shows no signs of abating. At least six health systems have appointed leaders to inaugural C-suite positions…
By Rebecca Pifer for Healthcare Dive Dive Brief: Dive Insight: The No Surprises Act, passed in 2021, is viewed as the most comprehensive consumer health legislation since the Affordable Care Act. But implementation of the law, which is meant to hold patients blameless for unexpected out-of-network medical bills, has been less than perfect. Provisions protecting…
By Andrea Fox for Healthcare IT News Some 93% of physicians feel burned out, but 83% said AI has the potential to reduce administrative burdens, according to athenahealth’s third Physician Sentiment Survey, conducted by the Harris Poll. For this year’s measurement of physician sentiments, atheneahealth added a new line of questioning focused on artificial intelligence…
By Naomi Diaz by Becker’s Hospital Review New Hyde Park, N.Y.-based Northwell Health’s CIO, Sophy Lu, said 2024 will be the “year of action” for the health system. “We need to run full speed ahead this year,” Ms. Lu told Becker’s. “We need to make sure that with everything that we do, we are thinking about…
Dolbey has announced AI Assist, an expansion of Fusion Narrate powered by nVoq, which offers generative AI for healthcare workflow automation. AI Assist is an evolution in speech recognition and automation technology that allows healthcare providers to access and utilize revolutionary generative AI within a private, secure, and HIPAA-compliant environment. AI Assist offers drastic productivity…
By Claire Wallace for Becker’s Hospital Review The average age of practicing physicians in the U.S. is 53.9, which is nearly 10 years higher than the U.S. labor force median age of 41.8, according to a 2023 report from Definitive Healthcare based on data from more than 810,000 healthcare providers. Cardiologists are, on average, the oldest physician…
By Giles Bruce for Becker’s Hospital Review Despite fears that artificial intelligence would kill jobs, the technology has helped create the “hottest new role in corporate America”: the chief AI officer, The New York Times reported Jan. 29. A variety of industries, including healthcare, have been appointing AI chiefs to keep up with new developments in the technology, such…
Laura Dyrda for Becker’s Hospital Review Nonprofit hospital expenses dropped from November to December and had low single digit growth year over year, according to Kaufman Hall’s “National Hospital Flash Report,” released Jan. 30. The data shows overall expenses per calendar day declined 2% month over month and grew 4% year over year in December,…
By Naomi Diaz for Becker’s Hospital Review The role of a healthcare CIO has transcended its traditional boundaries, presenting both increased responsibility and exciting opportunities in 2024. “Serving as a healthcare CIO in 2024 comes with greater responsibility, yes, but also exciting opportunity,” Saad Chaudhry, chief digital and information officer of Annapolis, Md.-based Luminis Health, told Becker’s.…