A healthcare Blockchain collaboration has been announced by IBM with Anthem Inc. and Aetna. The aim of this collaboration is to produce an ecosystem based on Blockchain that aids the health care companies to increase transparency and to help them in the exchange and use of information. This collaboration will also allow these companies to …

Read moreIBM Announce Blockchain Collaboration in Health Care with Anthem and Aetna

Revenue cycle management is important because it lets you keep track of claims processing, payment and revenue generation. If you do not want to lose revenue, it is essential to track revenue cycle management metrics, as every dollar lost can cause more adverse impact than you expect. 1. Gross Collection Percentage: This is the difference …

Read moreSix Fundamental Revenue Cycle Management Metrics

It’s the beginning of the new year, and hopefully by now you would have sorted out your new year resolutions. Whether you’ve done so yet or not, one of most important resolutions to make for the new year should be to take better steps towards financial build-up. It should be about balancing your earnings, expenditures …

Read moreNine for ’19: Financial Steps You Should Take Now

According to the official 2017 statistics from the U.S. Department of Health and Human Services (DHHS), the yearly health care spending growth rate has been decreasing and is at 3.9%, whereas it was 4.3% in 2016 and 5.8% for 2015. The current rate has been the lowest since 2013. However, the downside is that the …

Read moreHas US Health Care Spending Finally Stabilized? An Outlook for 2019

February is American Heart Month Every 1 out of 4 people in the US die due to heart diseases. However, with proper attention and care, heart diseases can be prevented. People can join hands with the patients’ families, community and health professionals to spread awareness and influence other people to opt for a healthy lifestyle. …

Read moreUpcoming Medical Events in 2019

Both the political and economic global landscape has been extremely turbulent and unstable lately. As a result, it’s anticipated by many that either the economy will slow down or there will be another recession, neither of which sounds ideal. However, it’s important to realise that at this point, it’s possible to soften the blow of …

Read moreRecession Preparation for Physicians

Cybersecurity guidelines were issued in a 4-volume report by The Department of Health and Human Services. It was published under the name ‘Health Industry Cybersecurity Practices: Managing Threats and Protecting Patients’ and it outlines the voluntary measures and practices that the healthcare sector can adopt in order to minimise security risks and bolster their own …

Read moreHHS Releases Best Practice Healthcare Cybersecurity Guidelines

The IDC or International Data Corporation is an entity that works with analysts to provide advice on market intelligence and serves to identify trends on a global scale. Not too long ago, they released a report that discusses their predictions for Healthcare IT in 2019. In this report, analysts assess which outcomes are most likely …

Read more10 Predictions for Healthcare IT in 2019