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Generative AI for Healthcare and Revenue Cycle AKASA

WEBof healthcare organizations are actively considering the use of GenAI (with 60% eyeing it for rev cycle) AKASA survey. ~40% better than GPT-4. The AKASA Platform dramatically …

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What Is Healthcare Revenue Cycle Management

WEBHealthcare revenue cycle management refers to all the administrative and clinical functions that contribute to the capture, management, and collection of patient …

Category:  Health Go Health

What Is Revenue Integrity in Healthcare

WEBRevenue integrity in healthcare is a concept that has increasingly been gaining traction in recent years — and rightly so. Hospitals, health systems, and …

Category:  Health Go Health

Healthcare Claims Denials Are at an All-Time High AKASA

WEBThe Gist. Healthcare claim denial rates are on the rise. New research shows hospitals and health systems have seen a 23% increase in claims denials rates in the …

Category:  Health Go Health

Healthcare Revenue Cycle Management and Lean: What it Means …

WEBLean is a philosophy and concept that dates back to the early part of the twentieth century, with roots in the automotive industry. Yet in the last 30 years or so, …

Category:  Health Go Health

9 Healthcare Technology Trends To Watch in 2023 AKASA

WEBHere are the top nine healthcare technology trends for healthcare professionals to watch in 2023. 1. Telehealth. Prior to the pandemic, telehealth was a rarity. Now, in the wake of …

Category:  Health Go Health

How To Improve Healthcare Underpayments AKASA

WEBThere are two main schools of thought for efficiently resolving healthcare underpayments. Work the high-dollar item first and sort descending, in order to get the …

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3 Medical Billing Horror Stories that Prove the Healthcare

WEBRevenue cycle leaders know all too well how complicated, cumbersome, and archaic the claim and billing processes are — and why they’re a significant driver of …

Category:  Health Go Health

Improving Denial Management in Healthcare AKASA

WEBUnfortunately, high claim denial rates are a current and serious issue for many hospitals and health systems. A survey conducted in 2021 by Harmony …

Category:  Health Go Health

Say hello to AKASA AKASA

WEBAkasa is a Sanskrit word for sky, space, or aether. In medieval science, there were four elements: earth, water, air, and fire. Akasa was the proposed “5th element” that …

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How hospitals can drive revenue with AI-based automation AKASA

WEBMethodist Health System (MHS) needed to manage an increase in volume without suffering a negative impact on cost to collect. AKASA automated revenue cycle tasks, allowing …

Category:  Health Go Health

Your Healthcare Revenue Cycle Dictionary AKASA

WEBHealthcare revenue cycle: All administrative and clinical functions that contribute to the capture, management, and collection of patient service revenue. This …

Category:  Health Go Health

New Healthcare Revenue Cycle Report Provides Industry …

WEBThis new report uncovers accurate time-per-task data around several key revenue processes, giving revenue leaders the data they need to set accurate …

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Healthcare Revenue Cycle Management Strategies AKASA

WEBAn Avasant report from the same year revealed that healthcare organizations were planning to outsource more of their revenue cycle management functions in the …

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Using Machine Learning to Enable Autonomous Medical Coding

WEBThe Gist. Medical coding is a complex piece of the healthcare industry, rife with errors and difficult to automate. AKASA AI technology lead, Byung-Hak Kim, Ph.D., …

Category:  Medical Go Health

Healthcare Revenue Cycle Management Automation AKASA

WEBThe Healthcare Revenue Cycle and RPA. When we think about revenue cycle management automation, RPA often comes to mind. RPA is a software technology …

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4 Questions to Ask Before Implementing AI in Healthcare Revenue …

WEBAn AKASA-commissioned survey of 400 healthcare executives found that 78% of them were implementing revenue cycle automation of any type in 2021, …

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15 Common Questions About the Prior Authorization Process

WEBIn the case of prescription medication, prior authorizations are designed to improve outcomes and ensure patients receive effective, appropriate care, and first try …

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