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Mobilizing Data for Operational Efficiency in Health Care: A Path Forward
The newly published AHA Market Scan Trailblazers report, “Mobilizing Data to Improve Operational Efficiency,” explores how health systems are leveraging emerging technologies to unlock and mobilize core data sets, thus driving substantial operational improvements and better care outcomes.
4 Health Systems Team Up to Tackle Drug Development, Care Coordination and Billing
four prominent nonprofit health systems — Baylor, Scott & White Health, Memorial Hermann Health System, Novant Health and Providence — have banded together to form the for-profit entity Longitude Health to handle increasing access to complex drugs, care coordination within huge programs like Medicare Advantage and streamlining billing processes.
3 Keys for Hospitals to Achieve Sustainable Financial Stability
C-suite executives will need to realize cost reductions of 15% to 20% by 2030 to create a foundation for long-term financial sustainability, a new Oliver Wyman analysis suggests.
Revolutionizing Revenue-Cycle Management Efficiency with AI
A new AHA Center for Health Innovation Leadership Scan episode, “Revolutionizing Revenue Cycle Management (RCM) Efficiency with AI,” will share insights on how AI solutions can help hospitals and health systems overcome staffing challenges in critical RCM areas to respond more efficiently to payer denials.
5 Insights from the AHA Leadership Summit
How to plan, execute and accelerate redesigned health care dominated discussions at the recent AHA Leadership Summit in Seattle, as hospital and health system leaders, retail care providers, innovators and entrepreneurs came together to assess what’s next for the field.
These 4 Trends Could Reshape Health Care This Year
Even as signs indicate that inflation is slowing, a recent consumer survey conducted by Deloitte indicates that 28% of Americans, or roughly 72 million adults, feel less prepared to pay for medical costs than they did last year.
AHA, Others Back First Venture Fund to Invest in Black-Owned Health Care Firms
Jumpstart Health Investors announced Jumpstart Nova, a $55 million highly anticipated fund that will invest exclusively in Black-founded and -led health care companies across health information technology, digital health, tech-enabled services, diagnostic devices, biotech, medical device manufacturing and consumer health and wellness sectors.
Geisinger’s AI-Enabled Payment Plan Lets Patients Set Their Terms
Hoping to prevent patients from delaying or not getting needed care, Pennsylvania-based Geisinger has introduced a customizable zero-interest artificial intelligence (AI)-enabled payment plan for out-of-pocket medical expenses.
Can Concierge Care Achieve Its Potential?
Among the many emerging models of primary care from outside disruptors in the field, concierge medicine has been steadily gaining traction with patients. And over the past couple of years, a growing number of health systems have been partnering with One Medical, whose model has been linked to reductions in avoidable downstream health care costs.
What It Takes to Create Disproportionate Value in Challenging Times
A complicated set of factors involving governmental and private-sector spending on health care will bring about significant changes over the next several years that will effectively flatten reimbursement levels, even as demand for services is expected to keep growing. While that’s generally bad news for providers, those who develop innovative new business models can create disproportionate value in this challenging market, notes a recent McKinsey & Co. analysis.