Healthcare IT Today January 17, 2025
The following is a guest article by Chris Klitgaard, Founder and CEO at revology
According to research by the Alliance for Lifetime Income, 4 million Americans will turn 65 this year and annually through 2027, led by retiring Boomers. Healthcare alone is expected to lose over 2 million workers by 2029, the largest number of employees of any sector. As they leave the workforce, these retirees will take with them deep skills and experiential knowledge, making finding their replacements difficult.
This is being particularly felt in the realm of insurance claims follow-up. A poll of over 500 acute care hospitals by healthcare improvement company Premier showed that roughly $10.6 billion was “wasted arguing over claims that should have been paid...
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