Millennia Blog Subscribe to Our Blog The latest news, articles, and resources, sent to your inbox. Email Address Subscribe to Blog EMR Product Enhancements are Improving but Still Leave Patient Dollars on the Table Millennia March 29, 2024 EMR Product Enhancement are Improving but Still Leave Patient Dollars on the Table According to a study by Kodiak Solutions of 1,850 hospitals and 250,000 physicians worldwide, patient collections fell from 55% in 2021 to 48% in 2022 and 2023. This study shows the need to improve the patient payment process. Over the last 18-24 months many EMRs have been making improvements to their functionality with the goal of increasing the healthcare providers’ patient revenue collection rate. Some have even started to become more of Read More » Deliver a Great Patient Experience Across Generations Millennia March 15, 2024 Deliver a Great Patient Experience Across Generations When it comes to caring for patients across different generations, you’ll run into all kinds of misconceptions. From older adults being out of touch with technology to younger patients being the only ones who appreciate digital healthcare tools, myths run rampant in the industry. However, studies paint a much different picture. Across generations, patients appreciate technology and its ability to streamline and personalize the experience. In this article, we’ll dispel more myths about healthcare and technology expectations across Read More » How to Use Healthcare Analytics to Provide a Smoother Patient Journey Millennia March 1, 2024 How to Use Healthcare Analytics to Provide a Smoother Patient Journey As technology and data became integral to healthcare, the need for analytics has skyrocketed. Working on data strategies was a top priority for two-thirds of chief data officers in one Deloitte survey. In healthcare, analytics can help you understand your patients, create better experiences and strengthen your revenue cycle. Still, analytics comes in many forms, so you’ll need to find the right tools, data sources and strategies for your practice or facility. How Healthcare Analytics Can Read More » Streamlining Orthopedic Patient Billing: Tips From OrthoNY’s Success Millennia February 23, 2024 Streamlining Orthopedic Patient Billing: Tips from OrthoNY’s Success OrthoNY provides innovative orthopedic care for patients in Albany, New York. As a 70-provider orthopedic group, OrthoNY is a multi-specialty clinic with a single specialty — to preserve active lifestyles by providing personalized joint and bone care. After opening in 2014, OrthoNY quickly grew in scale and reputation. With over 177,000 patient visits and 25,000 surgeries performed a year, the demand and complexity of their administrative tasks became difficult to handle. In particular, OrthoNY was challenged by Read More » Maximize Your ROI With Healthcare Technology Millennia February 9, 2024 How To Maximize Your ROI With Healthcare Technology Healthcare organizations face numerous challenges, such as staff shortages, outdated intake practices, billing errors and reimbursement claims. These factors can impact your facility’s reputation and profitability, which is why focusing on solutions to address these obstacles is vital. Healthcare technology is one of the solutions more practices are using to address these challenges. Here are five types of healthcare tech you can use to maximize ROI: Digital healthcare software, platforms and integrations provide versatile features and benefits Read More » Improve Patient Engagement With Automated Workflows to Increase Revenue Millennia January 29, 2024 Improve Patient Engagement With Automated Workflows to Increase Revenue As a healthcare provider, you always seek new ways to elevate the patient experience and boost your revenue. However, improving patient satisfaction and engagement extends far beyond one-on-one care. Using automated solutions, your organization can create a streamlined, unified patient journey from patient intake to the moment they pay their bill with the end goal of increasing revenue. Today’s effective patient billing processes combine modern and patient-friendly technology, advanced analytics and workflow automation to drive a Read More » Driving Success in Medical Practice Revenue Cycle Management Systems in 2024 Millennia January 26, 2024 Driving Success in Medical Practice Revenue Cycle Management Systems in 2024 As we near the quarter-of-a-century mark in 2024, revenue cycle management systems will be even more critical for medical practices. These digital solutions help providers support digital engagement and streamline the patient journey to increase revenue. The Importance of Revenue Cycle Management Systems Streamlining revenue cycle and patient payment processes improves workflow and patient experience, positively impacting the bottom line. An efficient system is important for various reasons, including: Current Challenges Affecting Medical Practice Read More » 5 Reasons to Increase Your Healthcare IT Budget in 2024 Millennia January 12, 2024 5 Reasons To Increase Your Healthcare IT Budget in 2024 With emerging technologies helping healthcare facilities manage shrinking labor shortages and rising costs, many healthcare information technology (IT) leaders are upping their investment. In fact, more than 85% of health systems are augmenting their 2024 digital and healthcare IT spending, with the goal to improve operational efficiency and enhance the consumer experience. Investments primarily focus on digital care, cybersecurity, electronic health record (EHR) modernization, artificial intelligence (AI) and machine learning. To stay ahead of the competition, you’ll Read More » Tips To Building Your Healthcare Tech Stack Millennia December 22, 2023 Tips to Building Your Healthcare Tech Stack Today’s businesses must establish diverse and integrated technology and software to ensure smooth and efficient operations. Healthcare providers typically rely on a suite of software tools and applications to meet their business and operational needs. Whether you are an administrator or manager for dermatology, urology, gastroenterology, ophthalmology, orthopedic or other practices, you have likely come across the idea of technology or health tech stacks and wondered how they can assist with your healthcare modernization. The idea of collating a healthcare tech Read More » Millennia names Ankit Sharma Chief Technology Officer Millennia December 18, 2023 Millennia is excited to announce the appointment of Ankit Sharma as the Chief Technology Officer (CTO). Ankit joined Millennia as its Chief Data and Analytics Officer in December 2021 and assumes the role of Chief Technology Officer as Millennia enters an exciting next phase of growth. With this appointment, Millennia is aligning all aspects of technology – engineering, data, and information technology – under a single leader. “The strategic alignment of engineering, data, and information technology under Ankit’s leadership will propel Millennia forward as a leader in patient payment Read More » Page1 Page2 Page3 Page4 Page5 Subscribe to Our Blog The latest news, articles, and resources, sent to your inbox. First Name Last Name Email Address Subscribe to Blog Categories Company Updates (15) Efficiency Tips (4) Healthcare Technology (12) Industry Insights (10) Patient Engagement (5) Patient Payments (13) Success Stories (4)
EMR Product Enhancements are Improving but Still Leave Patient Dollars on the Table Millennia March 29, 2024 EMR Product Enhancement are Improving but Still Leave Patient Dollars on the Table According to a study by Kodiak Solutions of 1,850 hospitals and 250,000 physicians worldwide, patient collections fell from 55% in 2021 to 48% in 2022 and 2023. This study shows the need to improve the patient payment process. Over the last 18-24 months many EMRs have been making improvements to their functionality with the goal of increasing the healthcare providers’ patient revenue collection rate. Some have even started to become more of Read More »
Deliver a Great Patient Experience Across Generations Millennia March 15, 2024 Deliver a Great Patient Experience Across Generations When it comes to caring for patients across different generations, you’ll run into all kinds of misconceptions. From older adults being out of touch with technology to younger patients being the only ones who appreciate digital healthcare tools, myths run rampant in the industry. However, studies paint a much different picture. Across generations, patients appreciate technology and its ability to streamline and personalize the experience. In this article, we’ll dispel more myths about healthcare and technology expectations across Read More »
How to Use Healthcare Analytics to Provide a Smoother Patient Journey Millennia March 1, 2024 How to Use Healthcare Analytics to Provide a Smoother Patient Journey As technology and data became integral to healthcare, the need for analytics has skyrocketed. Working on data strategies was a top priority for two-thirds of chief data officers in one Deloitte survey. In healthcare, analytics can help you understand your patients, create better experiences and strengthen your revenue cycle. Still, analytics comes in many forms, so you’ll need to find the right tools, data sources and strategies for your practice or facility. How Healthcare Analytics Can Read More »
Streamlining Orthopedic Patient Billing: Tips From OrthoNY’s Success Millennia February 23, 2024 Streamlining Orthopedic Patient Billing: Tips from OrthoNY’s Success OrthoNY provides innovative orthopedic care for patients in Albany, New York. As a 70-provider orthopedic group, OrthoNY is a multi-specialty clinic with a single specialty — to preserve active lifestyles by providing personalized joint and bone care. After opening in 2014, OrthoNY quickly grew in scale and reputation. With over 177,000 patient visits and 25,000 surgeries performed a year, the demand and complexity of their administrative tasks became difficult to handle. In particular, OrthoNY was challenged by Read More »
Maximize Your ROI With Healthcare Technology Millennia February 9, 2024 How To Maximize Your ROI With Healthcare Technology Healthcare organizations face numerous challenges, such as staff shortages, outdated intake practices, billing errors and reimbursement claims. These factors can impact your facility’s reputation and profitability, which is why focusing on solutions to address these obstacles is vital. Healthcare technology is one of the solutions more practices are using to address these challenges. Here are five types of healthcare tech you can use to maximize ROI: Digital healthcare software, platforms and integrations provide versatile features and benefits Read More »
Improve Patient Engagement With Automated Workflows to Increase Revenue Millennia January 29, 2024 Improve Patient Engagement With Automated Workflows to Increase Revenue As a healthcare provider, you always seek new ways to elevate the patient experience and boost your revenue. However, improving patient satisfaction and engagement extends far beyond one-on-one care. Using automated solutions, your organization can create a streamlined, unified patient journey from patient intake to the moment they pay their bill with the end goal of increasing revenue. Today’s effective patient billing processes combine modern and patient-friendly technology, advanced analytics and workflow automation to drive a Read More »
Driving Success in Medical Practice Revenue Cycle Management Systems in 2024 Millennia January 26, 2024 Driving Success in Medical Practice Revenue Cycle Management Systems in 2024 As we near the quarter-of-a-century mark in 2024, revenue cycle management systems will be even more critical for medical practices. These digital solutions help providers support digital engagement and streamline the patient journey to increase revenue. The Importance of Revenue Cycle Management Systems Streamlining revenue cycle and patient payment processes improves workflow and patient experience, positively impacting the bottom line. An efficient system is important for various reasons, including: Current Challenges Affecting Medical Practice Read More »
5 Reasons to Increase Your Healthcare IT Budget in 2024 Millennia January 12, 2024 5 Reasons To Increase Your Healthcare IT Budget in 2024 With emerging technologies helping healthcare facilities manage shrinking labor shortages and rising costs, many healthcare information technology (IT) leaders are upping their investment. In fact, more than 85% of health systems are augmenting their 2024 digital and healthcare IT spending, with the goal to improve operational efficiency and enhance the consumer experience. Investments primarily focus on digital care, cybersecurity, electronic health record (EHR) modernization, artificial intelligence (AI) and machine learning. To stay ahead of the competition, you’ll Read More »
Tips To Building Your Healthcare Tech Stack Millennia December 22, 2023 Tips to Building Your Healthcare Tech Stack Today’s businesses must establish diverse and integrated technology and software to ensure smooth and efficient operations. Healthcare providers typically rely on a suite of software tools and applications to meet their business and operational needs. Whether you are an administrator or manager for dermatology, urology, gastroenterology, ophthalmology, orthopedic or other practices, you have likely come across the idea of technology or health tech stacks and wondered how they can assist with your healthcare modernization. The idea of collating a healthcare tech Read More »
Millennia names Ankit Sharma Chief Technology Officer Millennia December 18, 2023 Millennia is excited to announce the appointment of Ankit Sharma as the Chief Technology Officer (CTO). Ankit joined Millennia as its Chief Data and Analytics Officer in December 2021 and assumes the role of Chief Technology Officer as Millennia enters an exciting next phase of growth. With this appointment, Millennia is aligning all aspects of technology – engineering, data, and information technology – under a single leader. “The strategic alignment of engineering, data, and information technology under Ankit’s leadership will propel Millennia forward as a leader in patient payment Read More »
