Healthcare professionals with engineering backgrounds are about as rare as the Knicks winning an NBA championship. Tech engineering and development teams tend to move at warp speed, whereas mature healthcare systems overall operate at a more deliberate, measured pace. But…
Telemedicine has become a vital part of modern healthcare, especially for rural and underserved communities. But beyond the shiny exterior, how are hospitals making it work within tightening budgets? Let’s dig into some payment nuances and Telemedicine’s return on investment.…
In healthcare, patient transfers between facilities pose a substantial financial challenge. Often necessary for specialized care, these transfers involve significant logistical and monetary resources, not to mention high risks with patient care. In response, telemedicine has emerged as a promising…
Telemedicine’s Rapid Rise: What’s Powering Growth—and What’s Holding It Back At the end of 2024, the telemedicine landscape hit an annual growth rate of 16.2%, and its market in the U.S. matches projections, potentially reaching $160.45 billion by 2034. Many…
More than 500 rural hospitals in the United States face an immediate risk of closure due to financial losses and a lack of monetary reserves to support the operation’s bottom line. According to The Center for American Progress, although only…
Hospitals are grappling with the challenges posed by patient volume surges, especially in emergency departments (EDs). Whether it’s flu season, staffing shortages or a weather-induced challenge, these surges can lead to dangerous gaps in care, overworked physicians and higher patient…
Healthcare leaders are no strangers to the challenges of staffing. For most, maintaining a qualified, fully staffed hospital is an unrealizable dream. The shortage of physicians, among other issues, led to the utilization of locum tenens. These temporary doctors are…
Small hospitals have fluctuating demand for care and for specialists, like neurology, pulmonology and cardiology. These hospitals also have a more difficult time securing 24/7/365 specialist coverage because of lower revenues that constrain their resources. And, the cost to employ…
Hospitals are looking for telemedicine applications that help manage spikes in patient volumes, particularly in the Emergency Department (ED). Flu season has traditionally marked a surge in hospital patient load – when ED traffic and admissions spike. These surges put…
The Hospital Readmission Reduction Program (HRRP), which is managed by the Centers for Medicare and Medicaid Services (CMS), reduces payments to hospitals with excessive readmissions. High readmission rates can contribute to significant damage to a hospital’s financial health. What actions…