Tag: Financial/Revenue Cycle Management

VA payments system hit by hackers, breaching data of 46,000 vets

The U.S. Department of Veterans Affairs notified its beneficiaries on Monday that a data breach has exposed the personal information of approximately 46,000 veterans. According to the VA’s Office of Management, an online application used by the agency’s Financial Services Center was accessed by unauthorized users in an attempt to divert payments to community care

IBM launches blockchain network to bolster medical supply chain during COVID-19

IBM this week launched Rapid Supplier Connect, a blockchain-based network it says can help healthcare organizations, whether hospitals or government agencies, address equipment shortages during the pandemic by helping them find alternative suppliers. WHY IT MATTERS Northwell Health, the largest healthcare provider in the state hardest hit by COVID-19, and the Worldwide Supply Chain Federation

Hackensack Meridian Health pays up after ransomware attack

New Jersey’s Hackensack Meridian Health has been forced to pay up following a ransomware attack, the health system said on Friday, according to a report in the Asbury Park Press. WHY IT MATTER The undisclosed sum paid out by the health system, one of the state’s largest, is covered by an insurance plan that helps

NYU Langone Health implements randomized quality tests

A series of randomized quality improvement projects carried out at New York University’s Langone Health medical center has helped the organization better assess the effectiveness of patient-focused programs. The efforts to evaluate the effectiveness of routine processes of hospital staff ranged from inpatient units and outpatient offices to the emergency department, as well as adjustments

Appointment scheduling system saves Oklahoma Heart $980,000 annually

Oklahoma Heart Hospital Physicians had long ago implemented an automated appointment reminder system, but the no-show rate had reached a seemingly impenetrable floor. THE PROBLEM The existing system had its share of difficulties. For instance, it consistently mispronounced physician names, leading to patient confusion. Furthermore, making changes and applying corrections was untimely, inconvenient and frustrating

CFOs plan more active role in healthcare digital transformation

Digital transformation will be a critical period for health systems and other organizations in the healthcare industry, with the majority of healthcare chief financial officers planning significant investment in digital strategies. What happened? These were among the results of a Black Book survey of nearly 1,600 hospital and health system CFOs and other executives, which

Report calls for new clinical care structures in Germany

The economic situation of German hospitals deteriorated in 2017. More than every fourth hospital (28%) recorded a loss on its balance sheet – and around 12% of hospitals are now at risk of insolvency. This is 5% more than in the previous year. These figures emerge from the current Hospital Rating Report 2019, which was

Vecna and Imprivata partner on biometric palm vein scanning for secure patient check-in

Vecna Technologies, a developer of patient self-service systems, has integrated its onsite patient check-in platform with Imprivata's PatientSecure identification technology. Through the partnership, hospitals and ambulatory practices will be able to use Imprivata's biometric palm vein scanning technology to securely ID patients who are checking in using Vecna's platform. There is now a thriving market for

Tips for doing DIY predictive analytics right

Michael Johnson, a decision support data scientist at Bend, Oregon-based St. Charles Health System, has only worked in healthcare for a couple years. Before that, he'd spent most of his career doing data modeling and predictive analytics in higher education and in the military. During his short time so far in this data-intensive industry, Johnson,