In recent years, the healthcare industry has seen explosive growth in the use of artificial intelligence (AI) and it doesn't seem this trend shows signs of slowing down any time soon. In fact, recent market analysis predicts a compound annual growth rate (CAGR) of 46.2% in the coming years, with potential spending on healthcare AI reaching $67.4 billion by 2027.
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Recent statistics reveal that 96% of hospitals and 86% of physicians have adopted electronic health/medical records (EHR/EMR) to securely house as well as efficiently manage patient health information (PHI). While the data storage offered by EHR/EMR software is valuable, providers should also be able to access patients' medical history, document visits and track multi-disciplinary treatment plans with ease. In today's fast-paced healthcare environment, providers need technology-enabled solutions that can facilitate excellent patient experiences but also help them meet value-based care mandates all while still rebounding from the COVID pandemic. Keep reading to explore five different benefits that come from leveraging a comprehensive and customizable EHR/EMR system.
With our consistent, tedious push towards the new normal, it isn’t a surprise that physical therapists and other healthcare professionals are reporting increased feelings of stress. Not only are practices experiencing an influx of appointments (both in person and via telehealth), but offices are having to adjust to evolving patient standards of care such as the convenience of E-Statements or the flexibility of self check-in kiosks. That’s why we want to discuss the causes of burnout for physical therapists and explore some ways practice owners can not only support their staff but also better empower their entire organization!
As a family operated business since 1994, Physical Therapy Specialists is a specialized fitness and training studio (SFTS) located in Pismo Beach, CA that prides themselves in providing one-on-one rehabilitative care. SFTS’ staff have over 100 cumulative years of experience and are enthusiastic about improving their patients’ quality of life through individualized gym memberships that combine hands-on treatment with personal aerobic/strength training.
Clinical documentation forms the foundation of a patient's medical record, an enduring document that details the care a patient receives. Within each patient's record, healthcare providers document critical information, including changes in the individual's medical condition, fluctuation of outcomes as well as the evolution of the care provided to meet the needs presented by the patient's diagnosis. As such, clinical documentation serves as a reference for a patient's treatment plan and provides data for quality assurance monitoring.
In order for healthcare practices to understand every aspect of their financial and operational performance, they must collect as well as analyze data to identify what changes would improve clinical efficiencies as well as increase revenue. Fortunately, an intuitive and interactive business intelligence (BI) platform can help you leverage all this information to make informed decisions rather than perform manual data gathering.