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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.
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 healthcaretechnology company that drives value through its unique combination of platforms, data, expertise, connectivity, and scale.
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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.
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.
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 healthcaretechnology leaders believe effectively leveraging AI provides a competitive edge , and 73% said AI will be essential technology within the next five years.
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