Medical Device News Magazine

Mr. Schutt writes: “Nurses, clinicians, and caregivers across the globe are busier and under more stress than ever before. Every day, they are expected to provide increasingly high-quality care while their resource levels remain woefully inadequate. When managing a high volume of patients, nurses face constant physical and mental strain that can quickly lead to burnout, in a space where even minor clinical errors can be harmful, even fatal.”

The U.S. healthcare system is under mounting financial pressure, driven by the abrupt rise to 55.7% in Medicare Advantage claims denials, reached between 2022 and 2023. This surge exacerbates an already costly issue: medical billing errors that drain billions annually. These errors not only strain healthcare providers but also delay reimbursements, increase administrative burdens, and ultimately affect patient care. The financial impact of denied claims and coding errors extends beyond providers; patients also suffer due to delays or unexpected out-of-pocket expenses. Compounding the challenge is a 30% shortage of medical coders, leaving organizations vulnerable to inaccuracies and backlogs in processing claims. In this complex landscape, the need for innovative, scalable solutions has never been more urgent.

Discover how new weight loss medications like Ozempic are reshaping bariatric surgery practices. Dr. Monique Hassan discusses surgical innovations, treatment costs, and the future of obesity care in this comprehensive interview.