How can ChatGPT transform healthcare?
Recent developments in the field of technology have given birth to the unfathomable potential of Artificial Intelligence bots such as ChatGPT. This concept of Artificial Intelligence has quickly made its way toward making a beneficial impact on several industry sectors such as business, education, finance, and customer service. Therefore, exploring its impact on the healthcare […]
Credentialing in Medical Billing: A Complete Guide
Medical credentialing is the systematic assessment and validation of a healthcare provider’s credentials, expertise, licensure, and professional history. This rigorous vetting process serves to ensure that practitioners adhere to the rigorous standards set forth by regulatory bodies, insurance entities, and healthcare institutions before they are authorized to administer care to patients. Amidst today’s labyrinthine and […]
What Is Healthcare Cybersecurity? A Detailed Overview
WHAT IS HEALTHCARE CYBERSECURITY? A COMPREHENSIVE OVERVIEW Technological advances, such as e-health records and the practice of telemedicine, have enhanced the healthcare delivery system and its functionality. However, these advancements come with a growing concern: challenges in cybersecurity in the healthcare industry. Cybersecurity is now a paramount factor in global healthcare. From the three aspects […]
Everything That Went Down in CareCloud’s Fourth Quarter and Full Year 2022 Earnings Call
This guide will provide a comprehensive overview of the fourth quarter and full year 2022 earnings call. But that’s not all. To give you a clearer insight into how the company achieved these numbers, it is essential that you take a dive into CareCloud’s key achievements and prominent client acquisitions in the fourth quarter, along […]
Challenges for Integrating Chronic Care Management (CCM) Programs
From saving providers money, to enhancing patients’ health and generating extra revenue for healthcare providers, chronic care management services undoubtedly have many benefits; however, designing and implementing a chronic care management (CCM) program is a difficult task, ultimately resulting in a lower adoption ratio. Challenges in Implementing Chronic Care Management There are several challenges in […]
Top 9 Benefits of Cloud Computing in the Healthcare Industry
Cloud computing is revolutionizing how providers and hospitals deliver affordable, quality patient care. Thus, clinicians must embrace it in some form to stay competitive in the industry. This guide lists the nine benefits of cloud technology in healthcare. Importance of Cloud Computing in Healthcare 1. Supports Digital Transformation According to a survey, 81% of […]
5 Ways to Enhance Your Prior Authorization Strategy
If you’ve managed a medical practice for any length of time, you’ve likely run into your fair share of eligibility and prior authorization challenges. Before we jump into tactics, tricks, and best practices for helping you tackle prior authorization, let’s take a quick step back and review the basics… What is Prior Authorization? Prior authorization […]
Uprising Trend of Telehealth in the Medical Industry
According to a survey taken by Medical Group Management Association, as many as 97% of healthcare providers now provide patient care via telehealth as a result of the pandemic. And it comes as no surprise considering that, to-date globally, there have been some 7.1 million COVID-19 cases and more than 400,000 related deaths. As a […]
5 Key Steps for Optimizing Practice Profitability During a Crisis
Maximizing profitability and cash flow is a perpetual objective for successful medical practices. In a time of crisis, however, healthy practice revenues become even more critical. Here we review the five key steps you can learn from and implement to optimize your practice’s profitability. Financial Resources Leverage the financial resources that make sense for your […]
Practice Survival, Options for After the Pandemic
Healthcare practices may be open, but it’s not business as usual. The coronavirus (COVID-19) pandemic has changed the way the world thinks and acts, and this is especially relevant in healthcare. Most practices stayed open but may have had to lay off non-essential staff due to decreased patient volume. Others increased virtual care, while all […]
