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Baptist Health Chief Revenue Officer says the health system will often eat the cost of a service rather than delay care.
Governance is lacking even though 71% of survey respondents have identified and deployed AI solutions.
The ultimate goal is to streamline documentation and coding in the mid-revenue cycle.
The organizations will form a joint task force to evaluate and accelerate potential AI projects and opportunities.
"Health systems have reason to worry," says consultant Michael Abrams of Numerof.
New AI startups are facing difficulty getting off the ground even as the industry leans hard into the technology.
Most CFOs are not looking to technology or AI as a solution, says new HFMA report.
It's the second consecutive month in which operating margins tightened, Strata's data shows.
Executives' highest priority for revenue cycle investment is technology, such as AI, automation and machine learning.
CFOs want value-based contracts with commercial plans as the payer mix changes to one more heavily dependent on Medicare and Medicaid.
