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Coming at the back-end of a long period of adversity due to COVID-19 and an already challenging economic environment for hospitals and healthcare systems, we see a new wave of consolidation, invention, and innovation. In this paper, we discuss some of the trends experienced in health care.
Act III of COVID: Navigating the Crosscurrents of Post-Inflation. Act I: Pre-COVID (Pre-2020) Act II: Post-COVID (2020 – 2021) Act III: Post-Inflation (2022 – ?). The amount of investment going into Health IT is nearly half the Post-COVID peak, but still 27% higher than Pre-COVID levels.
Over the years, we have seen declining reimbursements necessitating revenue cycle operations to deliver the best financial outcomes, which requires deep healthcare and reimbursement process expertise. Melvin, has experience in team building, business development, HealthcareInformationTechnology (HIT), revenue cycle process training, US.
The COVID-19 pandemic has highlighted the importance of all kinds of healthcareinformationtechnology, from telehealth to artificial intelligence. As a result, the opportunities that exist for health IT companies are massive. billion globally from 2020 through October 2021.
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