MedCity News November 23, 2020
By helping patients find affordable healthcare, AI will promote stronger financial health for providers and patients alike, and improve the quality of care as patients gain the financial support to engage in more preventative healthcare.
There’s no question that healthcare providers are among the hardest hit by Covid-19. Even as their work is more important than ever, many providers are hanging by a thread. Revenue from elective procedures still lags behind pre-pandemic levels, and the American Hospital Association (AHA) predicts hospitals will lose a total of $323 billion this year. Soberingly, these losses put 40% of providers at risk of closure.
Revenue losses from elective procedures aren’t the only source of financial strain on providers. In 2018, hospitals provided an...
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