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Using Revenue Cycle Management Tech to Close Healthcare’s Generation Gap

Healthcare IT Today

Healthcare alone is expected to lose over 2 million workers by 2029, the largest number of employees of any sector. Whats needed is a revolution, and revenue cycle management (RCM) technology is turning the tables. Still, the RCM market is projected to exceed $238 billion by 2030.

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AI and Automation in Healthcare – 2025 Health IT Predictions

Healthcare IT Today

RCM will be managed by AI-powered agents every step of the way, including generating appeals letters, submitting appeals to payers, and converting paper EOBs to ERAs. In 2025, we predict that using AI-powered agents will reduce the cost of Revenue Cycle Management (RCM) by 70%, helping streamline the end-to-end billing process.

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Weekly Roundup – January 18, 2025

Healthcare IT Today

Read more… Using RCM Technology to Close Healthcares Generation Gap. Healthcare is expected to lose 2 million workers to retirement by 2029. Los Angeles native Ray Lowe at AltaMed joined John to discuss how to deliver care when a medical facility is destroyed , along with the importance of supporting other public health services.

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Bonus Features – May 5, 2024 – Kaiser Permanente taps Innovaccer (and former CTO) for AI, report finds security flaws in Merge DICOM Toolkit, plus 18 more stories

Healthcare IT Today

It’s a big blow for Walmart, which according to Healthcare Dive initially set a goal in 2019 of opening 4,000 clinics by 2029. Integrated provider, pharmacy, and medical equipment supplier American Medical Administrators is implementing eClinicalWorks EHR and RCM. He’s currently CTO at Innovaccer.)

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