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.
77% Of Malaysian SMBs Are At Risk Of Data Loss: It’s Time To Consider The Backup Strategies Every Business Needs To Survive The Digital Age
Data backup is becoming increasingly crucial as the digital era continues to expand, with the “3-2-1 Backup Rule” being a common solution, requiring at least
