The health care field has entered a period of disruption, from sweeping coverage changes to the rise of artificial intelligence (AI)-enabled tools. The Congressional Budget Office is projecting millions of individuals will become uninsured over the next several years, and experts warn that increasing labor market instability, driven in part by AI, may further exacerbate this trend. In addition, rising costs on the individual market and expected regulatory changes are likely to increase the number of underinsured individuals, including those with catastrophic and/or skinny coverage (e.g., short-term, limited-duration health plans). Together, these changes will have significant implications for hospital finances, as many newly uninsured and underinsured individuals will struggle to afford their care.
At the same time, health care consumers — including patients, employers and payers — now have access to rapidly evolving AI-enabled tools that provide new opportunities to interact with health care pricing data and aid in billing and payment disputes.
Read the full article posted on the AHA website for suggested action items for hospital finance and revenue cycle leaders.
