Next-gen healthcare finance tools: AI and blockchain will help hospitals adapt to value-based care

Healthcare is in the midst of a financial shift: value-based care is rising to the fore and hospitals simply have to share more of the financial risk. That means financial information systems must adapt to the new environment. Experts in financial IT have a wide variety of ideas on where the next generation of features and functions will manifest. There are three major features healthcare CIOs need to pay attention to in their planning for next-generation financial management tools: visualization, artificial intelligence and blockchain, all delivered via cloud services, said John Moore, founder and managing partner at health IT consultancy Chilmark Research. "Visualization may be argued as not exactly next generation in many sectors of the economy but the slow pace of IT adoption in healthcare puts this on the list," Moore said.