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Beau Benson

Helping hospitals find missing revenue | Revenue Cycle Automation Technology & Services | Healthcare Interoperability | Regional Vice President @ Streamline Health

Beau Benson is the Regional Vice President at Streamline Health, a company that specializes in healthcare technology solutions. He is based in Texas and has experience in various roles within the healthcare sector. His recent activities include attending industry conferences, such as the Texas Health Information Management Association (TXHIMA) and the HFMA Lone Star Summer Conference, where he engages with professionals in the field to discuss technology advancements and solutions in healthcare.1234

Benson's professional background suggests a strong focus on improving healthcare systems through innovative technology, aligning with Streamline Health's mission to enhance operational efficiency and patient care in healthcare organizations.

Highlights

Aug 26 · linkedin

More artificial intelligence technologies are being implemented within healthcare delivery settings. But questions around the ability for these solutions to break even under the current cost structures are beginning to be asked by CFOs and physician leaders alike.

The high cost of AI technologies threatens to create a dichotomy between those health care providers that can afford to implement such tools and those that cannot.

Similar to the Becker's article linked below, this topic was discussed during last week's HFMA Lone Star Chapter Summer Conference. One DFW-area CIO on the AI panel stated that the lifetime ROI on AI tools today averages about 1x or less and that achieving positive ROI on AI will follow the hype.

#AI holds great promise for health systems and the early results are promising. But the industry may have to get beyond Gartner's Peak of Inflated Expectation and into the Trough of Disillusionment before we see costs, ROI, and adoption come into alignment.

Apr 29 · linkedin

"Everyone has a plan until they get punched in the mouth." - Mike Tyson   You've heard this quote before. It paints a brutal mental picture of the idea that even our best plans and strategies often get abandoned in the face of adversity.    This is often the case in business. The perfect process that operates with perfect efficiency one day grinds to a halt the next day at the departure of a key resource, or when a hardware upgrade hits a snag, or a regulatory requirement gets implemented that adversely impacts the process. What then?   Hospitals know about this all too well. Loss of revenues and margin from increased payer denials, staffing shortages, sicker patient populations, cybersecurity risks have led healthcare providers to make tough operational choices that have no clear winning solution.    In some of those instances hospitals have chosen to stop investing in the Revenue Integrity processes that ensure they are collecting the revenues for the services they provide. That may mean no longer reconciling charges at the department level for a high volume, high dollar, or high complexity department. It may mean cutting auditors in coding, resulting in fewer patient encounters being reviewed for DRG accuracy. It may mean turning over the entirety of Revenue Cycle operations to third parties to manage with almost complete autonomy and little oversight.    During my time at Streamline Health, I have watched as eValuator and RevID have given hospitals and health systems the ability to stay in the ring and face these challenges head-on. By leveraging Streamline's pre-bill Revenue Integrity automation tools to create system-wide charge reconciliation workflows and efficient DRG auditing, hospitals can do more with existing resources while adding to the improve the bottom line.    Many hospitals and health systems have already trusted Streamline Health to sure up their plans so that they can win in the face of adversity.    You can read about a few of our clients' impressive wins here: https://lnkd.in/gETZnxPJ

#RevID #eValuator #RevenueIntegrity #DRG #RevenueCycle

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Beau Benson
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Location

Dallas-Fort Worth Metroplex