People living on the Upper East Side of New York City live an average of 90 years — but a few blocks away in East Harlem, the average life expectancy drops to 71 years. A person’s state of health takes so much more into account than what happens in the doctor’s office. Differences in access to healthcare, healthy food, quality education and other social conditions lead to health disparities. While health disparities have long been present across U.S. communities, the COVID-19 pandemic brought the issue to the forefront.
The benefit verification and discovery process is critical to preventing denials, yet organizations today check eligibility too infrequently and not thoroughly enough. Checking eligibility at scheduling and day of service leaves health systems vulnerable to additional transaction costs, high-cost claim errors, inflated AR, and manual denials management.
Artificial intelligence is being rapidly adopted in healthcare, spurred on by technology gaps made highly visible due to the coronavirus pandemic. As healthcare leaders work to implement these advanced technologies throughout the hospital in both clinical and administrative functions, it is worth examining the impact AI will have on the future of work for healthcare.
“Internet of Healthcare Report” reveals it’s not humanly possible to keep up with the demands placed on humans in healthcare
Until now, entrepreneurs were forced to battle long sales cycles, security audits and compliance requirements — without ever having the chance to complete a pilot. Today, Olive, the automation company creating the Internet of Healthcare, launched Olive Ventures, a strategic in-house studio focused on creating revolutionary companies and specialized products for the healthcare industry.