Remove Examples Remove Interoperability Remove RCM
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Unlocking the Power of Interoperability for Revenue Cycle Management

Healthcare IT Today

Interoperability is game-changing not just in a clinical setting, but it holds tremendous potential for healthcare’s financial stakeholders as well. Prioritize Intake for Effective RCM Patient intake is an important part of the revenue cycle process. So much of the experience for patients is a financial one,” added Smith.

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Leveraging Emerging Technologies to Enhance Data Integrity and Streamline Processes

Healthcare IT Today

The AI models of tomorrow will be fueled by a complete picture of each individual patient this is powered by a responsible infrastructure with an output of safe, and secure interoperable data. AI-powered revenue cycle management (RCM) systems streamline billing and coding processes, reduce claim denials, and optimize revenue capture.

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Improving Revenue Cycle Management with True AI and Machine Learning

Healthcare IT Today

Ultimately, the integration of true AI and machine learning in RCM contributes to greater accuracy, reduced denials, and a better patient experience. The best RCM work is eliminating the work itself, and if the work cannot be eliminated then it’s about automating the work through AI and machine learning models.

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6 Essential Criteria for Making Confident AI Vendor Decisions

Healthcare IT Today

The following is a guest article by Austin Ward, Head of Growth at Fathom In the face of workforce shortages and increasing cost pressures, many organizations are turning to AI technologies to automate revenue cycle management (RCM) processes. Automation Rate The most important criterion for AI in RCM is the automation rate.

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

Healthcare IT Today

As electronic health record (EHR) systems become nearly universal and interoperability initiatives gain momentum, many healthcare providers assume their revenue cycle challenges are solved. Workers’ compensation claims, for example, demand specific expertise to avoid authorization errors, missed filing deadlines, and inaccurate coding.

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Weekly Roundup – July 27, 2024

Healthcare IT Today

Examples included personalized member engagement, expanded supplemental benefits offerings, and greater acceptance of ICD-10 “Z” codes. Scott Sirdevan at Vorro explained how EiPaaS leads to low latency and better interoperability, all while improving security. Read more… The Impact of Payer Efforts to Address SDoH.

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Healthcare AI and Automation: Good or Bad?

Healthcare IT Today

I’ll give one of my favorite examples to demonstrate. Examples include many types of medication refills, pre-authorization requests, preventive maintenance screenings, remote monitoring, and even management of mild urgent and chronic conditions. Companies need to implement tools to automate processes that they already do well.

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