While many may assume that the benefits of the cloud may stop with the IT department, solutions that build on the cloud can extend these same benefits to other areas of operations. In fact, my company, Alpha Health, is doing just that in healthcare revenue cycle management (RCM).
Healthcare reform has been a hot-button political issue for decades for good reason. Healthcare in America is deeply complex, and as a result, highly expensive. The U.S. spent about $3.6 trillion on healthcare in 2018 according to the Centers for Medicare and Medicaid Services. Recent studies have found that fully one-quarter of healthcare spending in the U.S. is wasteful. Administrative costs, which include medical billing and claims processing, contribute the most significant share of that wasteful spending. A recent JAMA study estimated that this administrative complexity accounts for $266 billion in wasted spending annually. Click here to continue>>
News From Our Partners
