The healthcare industry is constantly evolving, and technology plays a significant role in improving communication and data sharing between providers, payers, and patients. At the ViVE event sponsored by HLTH, executives discussed how health tech vendors can collaborate with healthcare organizations to address various challenges in the industry.
One of the main topics discussed was reducing prior authorization wait times. Healthcare organizations like Lyric, Workday, and Hawaii Medical Services Administration shared insights on how technology can be leveraged to streamline administrative functions and automate processes. By doing so, they hope to reduce wait times for prior authorization requests and improve overall care delivery.
Another challenge addressed during the Payer Insights program was implementing value-based care. Health tech vendors are crucial in collecting data on race, ethnicity, and gender to promote health equity and measure social determinants of health among members of healthcare plans. This information helps providers tailor their approach to care delivery to meet the unique needs of each patient.
With upcoming changes in CMS rules related to transparency in coverage, interoperability, and modifications to Medicare Advantage plans, health tech will play a crucial role in supporting policy compliance. Healthcare organizations that partner with InterSystems provided insights on how technology can be used to solve various challenges in the industry while enhancing the experience for clinicians and patients.
Those interested in learning more about how payers drive healthcare transformation through tech collaboration can download the eBook titled “How Payers Drive Healthcare Transformation Through Tech Collaboration” sponsored by HLTH by completing the form below.
