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RCM: Fixing the Old and Adjusting to the New

Healthcare IT Today

Revenue Cycle Management (RCM) is like a one of those huge Lego sculptures. Having a well executed RCM strategy is crucial to keep your organization running because it impacts everything. From the outside it looks one thing, but upon further inspection there are a million tiny little pieces that fit together to create the whole.

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The Impact of Effective Revenue Cycle Management

Healthcare IT Today

These factors have made the already complex activity of revenue cycle management (RCM) – the process of tracking care from patient registration to claims submission to final payment – significantly more challenging. Conversely, RCM inefficiencies can severely diminish the quality of care and lead a provider to financial ruin.

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Proactive Decision Making in Revenue Cycle Management with Data Analytics and Business Intelligence Tools

Healthcare IT Today

Making well-informed decisions is very important in the healthcare space, especially for areas that are necessary for your organization to function, like revenue cycle management (RCM). Here’s how: Unmasking Hidden Trends: Data analytics can analyze vast amounts of RCM data to identify trends and patterns invisible to the naked eye.

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Digital Innovation and AI in Revenue Cycle Management

Healthcare IT Today

Revenue cycle leaders can use this analysis to understand gaps in care and develop patient-focused investment strategies. AI capabilities can speed through burdensome RCM tasks to help healthcare providers avoid denials, reduce coding errors and improve price transparency for patients. Dawn Crump, Sr.

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The distressed HealthTech M&A landscape in 2025

Lloyd Price

billion R1 RCM take-private, thrives on snapping up undervalued assetsdistressed HealthTech fits the bill. Healthcare Technology Thought Leadership from Nelson Advisors Market Insights, Analysis & Predictions. Healthcare Technology Thought Leadership from Nelson Advisors Market Insights, Analysis & Predictions.

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For better RCM, prioritize people and track with technology

Hinduja Global Solutions

For better RCM, prioritize people and track with technology. Proper revenue cycle management (RCM) involves careful documentation of the entire patient journey, from pre-registering through payment collection. Across the healthcare industry, health information mismanagement is causing a loss of millions of dollars each year.

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Leveraging Emerging Technologies to Enhance Data Integrity and Streamline Processes

Healthcare IT Today

AI-powered revenue cycle management (RCM) systems streamline billing and coding processes, reduce claim denials, and optimize revenue capture. For example, a specialty-tuned large language model (LLM) can help increase the accuracy of domain-specific data so they can ultimately be used for claims and outcomes analysis.