Healthcare IT Today

AUGUST 12, 2024

Andy Adams, Managing Director, Performance Improvement and Advisory Services at Nordic Consulting The transition to value-based care (VBC) requires a fundamental shift in RCM practices to align with new payment models that prioritize patient outcomes and quality over volume.

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RCM Healthcare IT Leadership Health IT 120

Healthcare IT Today

AUGUST 9, 2024

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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RCM Interoperability Healthcare IT Patient Experience 122

Healthcare IT Today

AUGUST 7, 2024

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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RCM Leadership Healthcare IT Health IT 128

Healthcare IT Today

AUGUST 7, 2024

For example, these tools enable right-time, omnichannel notifications that make it simple for patients to pay their bills and send balance reminders to improve the collection of healthcare payments, increase medical practice revenue and improve AR for hospitals and health systems.

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RCM Patient Experience Healthcare IT Leadership 122

Healthcare IT Today

JANUARY 18, 2023

AI capabilities can speed through burdensome RCM tasks to help healthcare providers avoid denials, reduce coding errors and improve price transparency for patients. This problem supports a great case for the use of AI in RCM services, as they use natural language processing to assess a physician’s notes and propose the correct codes to use.

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Healthcare IT Today

JANUARY 20, 2023

So often in talking about Revenue Cycle Management (RCM) the focus is placed onto the organization. How do we improve RCM? How to can we incorporate digital solutions into RCM? However, that leaves out one huge piece of RCM. So let’s take a moment and focus on the patient’s experience with RCM.

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Patient Experience RCM Healthcare IT Leadership 114

Healthcare IT Today

JULY 29, 2024

One example he shared was a call center agent at a payer who had to access 5 different screens to be able to answer the member’s question. Diving in more specifically to payers, Rowe shared with us how payers should be approaching platform modernization. He highlighted how legacy technology at the payers is costing them a lot of money.

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RCM Healthcare IT Health IT Patient Experience 112

Healthcare IT Today

FEBRUARY 26, 2025

Workers’ compensation claims, for example, demand specific expertise to avoid authorization errors, missed filing deadlines, and inaccurate coding. Forte has also held leadership roles in business development, operations, and strategy at several healthcare, services, and technology companies, including Emerson Electric Corporation.

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EHR Interoperability Leadership healthcare technology 52

Healthcare IT Today

FEBRUARY 27, 2023

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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Healthcare IT Today

MAY 30, 2024

With this context, I believe novel applications of AI in RCM today are less about the technologies themselves and more about how traditional revenue cycle processes must evolve based on a technology-first mindset. However, operationalizing AI remains a challenge, with ethics, privacy, and data security at the forefront.

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RCM Patient Experience Healthcare IT Nursing 131

Healthcare IT Today

OCTOBER 6, 2023

As a simple example, revenue cycle management companies can take over the revenue cycle operation of a hospital and transition labor to offsite locations, creating immediate cost savings. What can digital health point solutions do to improve their chances of success (e.g., pursuing M&A?)?

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Healthcare IT Digital Health Interoperability RCM 73

Healthcare IT Today

JULY 12, 2024

Richard Staynings, Chief Security Officer at Cylera I think there’s great opportunities for healthcare to increase its efficiency through automation through artificial intelligence and other forms of machine learning, for example, which are taking hold of healthcare. We try to provide as much value and ROI as possible to them.

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Healthcare IT Today

JANUARY 10, 2024

This frees up staff to focus on more complex and strategic aspects of RCM. For example, AI-powered speech recognition helps dentists and hygienists seamlessly capture notes during a patient visit without stopping and physically entering information.

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Health IT Nursing Interoperability RCM 97

Healthcare IT Today

MARCH 11, 2025

John Waters, Director, Revenue Cycle Product at CliniComp AI can be used in the RCM world to solve two overarching themes: inefficiencies in workflow, and errors that cause delays in payment. AI can optimize RCM processes, from specific areas to end-to-end automation. Take for example prior authorization or eligibility verification.

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Healthcare IT Today

JANUARY 8, 2023

Philips and Executives for Health Innovation released a report describing stark inequities in cancer care and highlighting three global examples of success: Mobile screenings in Australia, awareness campaigns for immigrants in Germany, and new cancer care pathways in the United States. Partnerships.

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Telehealth Primary Care Healthcare IT Medicare 79

Healthcare IT Today

OCTOBER 11, 2022

Take what is happening in the behavioral health space, for example. We are resilient in healthcare and there are already those who are showing us this transformation is possible.”. Telehealth and other asynchronous technologies have made it much easier for patients to access care and get support when they need it.

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