Healthcare organizations’ needs remain a topic of conversation at the federal, state and local levels, and they will continue to see significant change as the pandemic continues. One way to become unmoored from unforeseeable factors, such as a pandemic, is to keep the revenue cycle as a top priority and work to achieve efficiency and close revenue leaks within the revenue cycle. To do that, hospitals and healthcare providers can begin with automation.
The sheer amount of data that a hospital or healthcare provider touches and processes on a daily basis is now beyond human ability alone. To automate processes, hospitals and healthcare providers can start by building a strong roadmap to move forward with an AI-enabled revenue cycle. That’s why SHOAR (Smart Health Operations and Revenue Solutions), an AI solution for the healthcare industry’s revenue cycle, announces a new partnership with Automation Anywhere, a startup and global leader in robotic process automation (RPA). The two will collaborate to bring the best, most-connected resources to the healthcare sector.
All of this technology ultimately comes down to serving patients. “When the data can finally be managed well, and when errors and inefficiencies are reduced, it brings down the cost of doing business and allows hospitals to function at their best. It’s never been a more important time to serve hospitals and bring them resources that can support financial operations,“ states SHOAR’s founder Valerie Barckhoff.
In 2020, Windham Brannon’s healthcare advisory team announced a new company that will develop and implement AI solutions for healthcare organizations as a solution forward to innovate the revenue cycle.
SHOAR Health, LLC combines the deep Revenue Cycle expertise with artificial intelligence and machine learning power. With more than three decades of experience in the healthcare industry and implementing AI solutions, SHOAR Health, LLC will transform your revenue cycle using machine learning and artificial intelligence solutions bringing hospitals and healthcare organizations an optimized and reinvented revenue cycle. Additional information can be requested at www.shoar.com or via email at info@shoar.com.
Automation Anywhere is a global leader in robotic process automation (RPA), empowering customers to automate end-to-end business processes with intelligent software bots – AI-powered digital workers that perform repetitive and manual tasks, resulting in dramatic productivity gains, optimized customer experience, and more engaged employees. The company offers the world’s only web-based and cloud-native intelligent automation platform combining RPA, artificial intelligence, machine learning and analytics to help organizations rapidly start and scale their automation journey from the front office to the back office to every office. Its bot store is the world's first and largest marketplace with more than 1,100 pre-built, intelligent automation solutions. Automation Anywhere has deployed over 2.6 million bots to support some of the world’s largest enterprises across all industries in more than 90 countries. For additional information, visit www.automationanywhere.com.