Remove EHR Remove healthcare technology Remove RCM
article thumbnail

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.

article thumbnail

Veradigm Strengthens Award-Winning Revenue Cycle Services Portfolio with Acquisition of Full-Service RCM Company

Healthcare IT Today

a leading provider of healthcare data and technology solutions announced today the acquisition of Koha Health , a full-service revenue cycle management (RCM) company. About Veradigm Veradigm is a healthcare technology company that drives value through its unique combination of platforms, data, expertise, connectivity, and scale.

RCM 76
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

TT Capital Partners Announces Investment in Cantata Health Solutions

Healthcare IT Today

New Capital Positions Cantata to Accelerate Growth as Behavioral Health Providers Look to Replace Aging EHRs TT Capital Partners (TTCP) today announced a majority investment in Cantata Health Solutions , a leading provider of healthcare technology solutions for providers of behavioral health, human services, acute care, and post-acute care.

EHR 119
article thumbnail

WellSky Acquires Corridor, Expands Commitment to Offering Best-in-Class Coding, Revenue Cycle Management Services for Post-Acute Industry

Healthcare IT Today

By adding Corridor to its portfolio, WellSky will expand its medical coding and revenue cycle management (RCM) offerings to help care providers increase efficiency and improve performance across clinical, financial, operational, and compliance areas. For more information, visit wellsky.com.

RCM 126
article thumbnail

Cash is Queen Says RCM Experts

Healthcare IT Today

To address this challenge, organizations are turning to technology and partnering with specialized vendors to improve their revenue cycle processes. The upside of adopting technology for RCM can be significant: A drop in DSO (days sales outstanding). Why communication from leaders remains key to RCM improvement.

RCM 52
article thumbnail

Collaboration Across the Healthcare Ecosystem: A Key to Revenue Cycle Success

Healthcare IT Today

The following is a guest article by Frank Forte , CEO at EnableComp The healthcare revenue cycle has never been more complex. As electronic health record (EHR) systems become nearly universal and interoperability initiatives gain momentum, many healthcare providers assume their revenue cycle challenges are solved.

EHR 52
article thumbnail

Bonus Features – September 8, 2024 – 96% of healthcare tech leaders said effectively using AI provides a competitive edge, 72% of organizations are satisfied with their cloud migrations, plus 19 more stories

Healthcare IT Today

The EHR Association supports the extension , noting that the majority of hospitals have been struggling to meet these requirements. Studies A survey from Arcadia found 96% of healthcare technology leaders believe effectively leveraging AI provides a competitive edge , and 73% said AI will be essential technology within the next five years.

RCM 87