by Aspirion | Jun 20, 2024 | Revenue Cycle Management
The HFMA Annual Conference stands as the leading event in healthcare finance, attracting over 3,000 attendees nationwide. This four-day gathering features four strategy-focused general sessions, more than 70 educational sessions, and seven distinct content tracks....
by Aspirion | Jun 14, 2024 | Artificial Intelligence (AI)
Artificial intelligence is revolutionizing healthcare revenue cycle management (RCM), offering opportunities to automate tasks and improve data accuracy. AI applications span the entire revenue cycle, from data capture during clinical interactions to coding and...
by Aspirion | Jun 3, 2024 | Revenue Cycle Management
Amy Amick, CEO of Aspirion (Columbus, Ga.), has significantly impacted the company since taking the helm. In her first year, she led Aspirion to over 30% organic growth and spearheaded an aggressive mergers and acquisitions strategy, establishing the company as a...
by Aspirion | Apr 8, 2024 | Denials Management
According to a KLAS report on Denials Management Services 2024, healthcare organizations are generally satisfied with their vendors’ expertise, overturn rates, and denial prevention services. The report focused on four vendors. Aspirion received the highest...
by Aspirion | Mar 27, 2024 | Artificial Intelligence (AI), Denials Management
Artificial Intelligence (AI) has the potential to revolutionize Revenue Cycle Management (RCM) by improving efficiency, decision support, and patient engagement. AI-driven solutions can proactively predict and manage denials through claims data analysis, allowing for...
by Aspirion | Mar 10, 2024 | Artificial Intelligence (AI), Denials Management
Healthcare is experiencing an AI revolution amidst rising costs, labor shortages, and declining margins. Recent analyses show a significant increase in insurance claims denials, with initial denials jumping 11.9% year-over-year and Medicare Advantage denials rising...
by Aspirion | Feb 22, 2024 | Artificial Intelligence (AI), Denials Management
Hospitals and health systems across the United States are facing unprecedented rates of claims denials, negatively impacting their revenues and straining relationships with payers. These denials lead to multiple challenges, including increased administrative costs,...
by Aspirion | Feb 14, 2024 | Artificial Intelligence (AI), Denials Management
Provider organizations need to embrace advanced technologies for revenue cycle management (RCM) to address low cash reserves, rising denials, and high burnout rates. Claims denials are increasing in number, value, and complexity, while resolution times are lengthening...
by Aspirion | Jan 10, 2024 | Revenue Cycle Management
As we enter 2024, we’re launching a series of Health IT predictions for the year ahead. We reached out to the Healthcare IT Today community for their insights, receiving a diverse array of responses that we’ve organized into several themes. Due to the...
by Aspirion | Dec 29, 2023 | Artificial Intelligence (AI), Denials Management
Hospitals are facing significant financial challenges due to rising costs, labor shortages, and an influx of denied claims. A Kaiser Family Foundation study found that insurance companies initially deny 17% of claims on average, even for in-network care. The rate of...
