PayZen CEO Itzik Cohen says 40% of American hospitals are anticipated to continue losing money into 2024. Self-pay patient balances account for over 30% of healthcare revenue, while bad debt is rising. According to Cohen, administrative costs account for 25-30% of total healthcare spending in the U.S. He says hospitals that embrace AI technology can improve financial outcomes and patient experiences by predicting which patients will struggle with payments to tailor payment plans, automate claims processing and handle routine patient inquiries.
Malicious Ads in Search Results Are Driving New Generations of Scams
Scammers are increasingly using search engine ad spaces to appear as legitimate businesses and trick users into clicking on their links. Large tech firms like
