Healthcare IT Today

NOVEMBER 8, 2024

As of 2024, over 200,000 medical coders manually handle this task, processing each chart individually. In August of 2024, Nym’s autonomous coding engine earned the Toolbox designation in Epic’s Showroom, specifically within the Fully Autonomous Coding category. Originally announced October 1st, 2024

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Healthcare IT Today

NOVEMBER 24, 2024

Additionally, audit rates have doubled in 2024, and clinical denials have increased 51% in the last three years. Thoughtful AI launched six specialized AI agents for RCM workflows. Pennsylvania-based Independence Health System chose Ensemble as the RCM provider for four of its facilities.

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Healthcare IT Today

SEPTEMBER 16, 2024

Knack Global (Knack) , an industry-leading provider of tech-enabled, end-to-end revenue cycle management (RCM) solutions, is pleased to announce its acquisition of Merrick Management, Inc. These leaders have each been with the Company for over 22 years and have extraordinary knowledge and experience in the anesthesia RCM market.

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Healthcare IT Today

OCTOBER 20, 2024

Half of the investment in AI for digital health in 2024 has been administrative , according to a report from Silicon Valley Bank. Nearly two-thirds (65%) of RCM leaders believe generative AI will substantially impact medical coding operations , according to an AKASA survey.

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Healthcare IT Today

OCTOBER 31, 2024

At the 2024 NextGen User Group Meeting #NextGenUGM24, the message was clear: The company continues to make steady improvements to its platform and remains focused on reducing administrative burden for both customers and partners. Most importantly, NextGen Healthcare ’s Ambient Assist solution has lived up to expectations.

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Healthcare IT Today

NOVEMBER 16, 2024

More Insights From the Experts at HLTH 2024. Read more… EMR and RCM in the Cloud Providing Value to HealthNet. Read more… Healthcare IT Today Podcast : RSNA 2024 Conference Preview. Each week, we’ll be providing a look back at the articles we posted and why they’re important to the healthcare IT community.

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Healthcare IT Today

DECEMBER 29, 2023

Acquisition of Providence’s Current Modular Services Business Accompanied by 10-Year Agreement to Provide Comprehensive Revenue Cycle Management Services R1 RCM Inc. (R1) health systems. Transaction Details Under the terms of the acquisition agreement, R1 will acquire Acclara for $675 million in cash and warrants to purchase 12.2

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Healthcare IT Today

DECEMBER 8, 2024

News from RSNA 2024 Siemens Healthineers has adopted NVIDIA’s MONAI Deploy , an open-source research and development platform for AI applications used in medical imaging. People RCM vendor EnableComp welcomed Frank Forte as Chief Executive Officer. Konica Minolta has integrated Fovia 3-D visualization technology into Exa PACS.

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Healthcare IT Today

SEPTEMBER 17, 2024

With this acquisition, EnableComp adds ANI’s denial management expertise to its comprehensive solution suite and further expands the proficiency of the E360 RCM intelligent automation platform. Originally announced August 1st, 2024

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Healthcare IT Today

JANUARY 21, 2025

Margaret Schuler, Revenue Cycle Management Executive, Industry Expert, and Advisor to Cofactor AI said, More than ever there is a need for innovation and automation in the RCM space. Originally announced November 25th, 2024 Further, many incorrect denials go unappealed by hospitals due to the time and energy required to appeal them.

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Healthcare IT Today

FEBRUARY 2, 2025

Studies Hospitals ended 2024 with operating margins of 6%, and health systems with margins of 2.1% , according to the latest data from Strata Decision. Lone Star Family Health Center selected athenaOne for EHR, RCM, and patient engagement. Inpatient and outpatient volumes are rising, while ED visit volume is falling.

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Healthcare IT Today

AUGUST 10, 2024

Read more… The Evolution of the RCM Technology Adoption Model. Read more… Improving RCM With True AI and Machine Learning. We asked the Healthcare IT Today community a series of questions about improving RCM. Read more… How Data Analytics and BI Support Proactive RCM Decision-Making.

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Healthcare IT Today

OCTOBER 15, 2024

For providers, this also substantially reduces claim denials for their finance and RCM teams. For more information about Nirvana and its innovative healthcare solutions, visit meetnirvana.com Originally announced September 12th, 2024

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Healthcare IT Today

AUGUST 16, 2024

At the past HFMA Conference, we reached out to our brilliant Healthcare IT Today Community to ask them two questions about change: What change in RCM (besides AI) is happening now that everyone should be watching and why? & What Change in RCM (Besides AI) is Happening Now that Everyone Should be Watching and Why?

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Healthcare IT Today

MAY 4, 2024

Read more… Cybersecurity, AI, and the Future of RCM. Colin Hung interviewed Michael Quinn at Inovalon about why humans remain key to RCM even as automation takes hold. Read more… This Week’s Health IT Jobs for May 1, 2024. Read more… Bonus Features For April 28, 2024.

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Healthcare IT Today

JUNE 8, 2024

When it comes to bringing AI to RCM, Austin Ward at Fathom recommended organizations consider automation rate, accuracy, EHR compatibility, adaptability, scalability, and vendor support. Business process management service provider Firstsource acquired Quintessence , a RCM outsourcing vendor.

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Healthcare IT Today

AUGUST 17, 2024

What’s Happening in RCM Today – and What Changes Do We Need to See ? Read more… How Should RCM Evolve to Align With New Payment Models ? Read more… This Week’s Health IT Jobs for August 14, 2024: Multiple roles in data and systems integration, along with several positions in product and project management.

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Healthcare IT Today

MARCH 16, 2024

HIMSS 2024: Bold Statements from Hal Wolf. Read more… HIMSS 2024: A Closer Look at Sunoh’s Ambient Clinical Voice Solutions. Read more… Bonus Features for March 13, 2024: HIMSS Edition. Read more… Unlocking the Power of Interop for More Effective RCM.

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Healthcare IT Today

SEPTEMBER 21, 2024

Read more… This Week’s Health IT Jobs for September 18, 2024: Roles with many health systems, plus positions at vendors such as GE HealthCare and Microsoft. Read more… Bonus Features for September 15, 2024: 63% of HIE entities plan to participate in TEFCA; meanwhile, 19% of customer interactions with healthcare orgs get disrupted.

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Healthcare IT Today

JULY 20, 2024

Read more… Healthcare Startups Shine at Collision 2024. Leveraging AI in RCM can expand automation, increase efficiency, and facilitate better collaboration. Colin Hung went to Toronto for the annual global event for entrepreneurs. dedicated to healthcare and life sciences.

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Healthcare IT Today

OCTOBER 27, 2024

RCM vendor TruBridge elected Amy O’Keefe to its Board of Directors. Define Ventures added Bruce Broussard as Venture Partner ; if the name sounds familiar, it’s because he’s the former CEO and president of Humana. Patient flow software vendor LeanTaaS appointed Rami Karjian as Head of the Operating Rooms business.

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Healthcare IT Today

MAY 18, 2024

This was a fun question we asked at ViVE 2024. John and Colin unpacked the long-term impact of the cyberattack, including if providers will start to approach RCM differently now. Read more… This Week’s Health IT Jobs for May 15, 2024. Read more… Bonus Features for May 12, 2024.

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Healthcare IT Today

APRIL 13, 2024

At HIMSS 2024, John Lynn moderated a panel with Rackspace and Dell that highlighted the benefits and challenges of implementing and integrating multicloud solutions in healthcare , especially with it comes to hosted EHR. Read more… This Week’s Health IT Jobs for April 10, 2024. Read more… Bonus Features for April 7, 2024.

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Healthcare IT Today

MAY 11, 2024

Healthcare IT Today asked 16 experts at ViVE 2024 this question. John summarized a HIMSS 2024 session focused on helping nurses respond to the call button and other in-room alerts by surfacing alerts from disparate devices in a single platform. Read more… A Look at RCM, AI, and a New Book Called Joy Notes.

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Healthcare IT Today

JULY 27, 2024

Read more… This Week’s Health IT Jobs for July 24, 2024: Roles in clinical informatics and documentation, plus Penobscot Community Health Care in Bangor, Maine seeks a Chief Quality & Population Health Officer. RCM automation company Thoughtful AI raised $20 million in Series A funding.

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Healthcare IT Today

JANUARY 19, 2025

RCM managed services vendor Ensemble received a patent for its data retrieval and decision support technology. Company News Third-party EHR integration vendor Red Rover Health selected Amendola as its PR firm. Medicaid medical group Pair Team transitioned from a C Corporation to a Public Benefit Corporation.

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Healthcare IT Today

MARCH 4, 2025

Candid’s platform addresses the root cause of RCM inefficiency through modern data engineering and automation. “At Candid, we are reimagining the level of automation that an RCM platform can drive, and with AI, we are positioned to further improve billing performance,” said Nick Perry, Co-Founder and CEO at Candid Health.

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Healthcare IT Today

MARCH 2, 2024

3 Key Takeaways From ViVE 2024 : Live from Los Angeles, Colin Hung shared some quick takes on the main conversations at ViVE 2024: AI maturity, Change Healthcare and the stage of cybersecurity, and the booths in the expo hall getting bigger. We hope this gives you a chance to catch up on anything you may have missed during the week.

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Healthcare IT Today

JANUARY 19, 2024

As we kick off 2024, we wanted to start the new year with a series of 2024 Health IT predictions. Subsequently, the healthcare industry will continue to seek to find ways to harness AI and emerging technologies in 2024, with a focus on enhancing clinical processes, decision support, and workforce management.

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Healthcare IT Today

JUNE 15, 2024

John and Colin Hung discussed the most anticipated topics for the upcoming event – namely, where AI and automation are actually impacting RCM. Read more… This Week’s Health IT Jobs for June 12, 2024: Multiple Epic EHR support roles, along with systems analyst and IT support positions with providers and state health agencies.

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Healthcare IT Today

JANUARY 10, 2024

As we kick off 2024, we wanted to start the new year with a series of 2024 Health IT predictions. Jason Considine, Chief Commercial Officer at Experian Health Staffing shortages will continue to be a major pain point for providers in 2024 and have a direct impact on their bottom line.

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Healthcare IT Today

JANUARY 13, 2024

2024 Health IT Predictions: AI Regulations and Ethics. This week, we published several more posts in our series on 2024 Health IT Predictions. Read more… 2024 Health IT Predictions: Generative AI and Data. Read more… 2024 Health IT Predictions: The Healthcare Workforce.

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Healthcare IT Today

JUNE 3, 2024

This strategic acquisition further strengthens Firstsource’s RCM solutions offerings, providing more comprehensive and AI-enabled RCM solutions for health systems, and growing its offshore capabilities. Originally announced May 3rd, 2024

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Healthcare IT Today

FEBRUARY 3, 2024

Read more… What 2024 Has in Store for Women’s Health. Read more… Bonus Features for January 28, 2024: 49% of orgs likely to invest in RCM tech in the next 18 months; meanwhile, v2 drafts of TEFCA Common Agreement and QHIN Technical Framework are out.

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Healthcare IT Today

AUGUST 8, 2024

You may remember that last year we shared a video interview with FinThrive talking about a new RCM technology adoption model that they had put together and were sharing with the industry at HFMA. Check out the interview below to learn from FinThrive, UC San Diego Health, and CereCore about this RCM technology maturity model.

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Healthcare IT Today

MARCH 30, 2024

Read more… Reducing Errors, Turnaround Time, and Staff Burdens for RCM. Read more… Bonus Features for March 24, 2024: Data infrastructure investments have 124% ROI; meanwhile, 85% of healthcare workers believe AI can improve the patient experience. The program is available for Microsoft Teams, Webex, and Zoom.

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Healthcare IT Today

DECEMBER 23, 2024

Sameer Bhat, Co-Founder and VP of Sales at eClinicalWorks In 2024, AI became accepted across the healthcare industry. In 2024, we saw an increase in the use of AI medical scribes. billion in 2024 to $10.9 Adopting AI is no longer a choice it is critical for healthcare providers to thrive and remain competitive.

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