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A Look at the Changes in RCM that Are Happening Now and Changes that Need to Happen

Healthcare IT Today

At the past HFMA Conference, we reached out to our brilliant Healthcare IT Today Community to ask them two questions about change: What change in RCM (besides AI) is happening now that everyone should be watching and why? & What Change in RCM (Besides AI) is Happening Now that Everyone Should be Watching and Why?

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Weekly Roundup – January 11, 2025

Healthcare IT Today

They also discuss how FHIR and TEFCA are helping the cause. The Healthcare IT Today community expects automation will continue transforming RCM in 2025 , with a primary focus on eliminating waste and reducing inefficiency. But does everyone agrees that outsourcing RCM will continue ? AI was part of many expert predictions.

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Bonus Features – April 28, 2024 – 22% of employers fully trust chronic condition management vendors, Common Agreement v2.0 requires support for FHIR API exchange, plus 29 more stories

Healthcare IT Today

Updates that require support for FHIR-based APIs should allow TEFCA participants to more easily exchange information directly, and enable individuals to more easily access their own information. RCM outsourcing vendor Ensemble Health Partners expanded its partnership with Microsoft. News ONC released Common Agreement 2.0.

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Bonus Features – January 28, 2024 – 49% of orgs likely to invest in RCM tech in the next 18 months, v2 drafts of TEFCA Common Agreement and QHIN Technical Framework out, plus 27 more stories

Healthcare IT Today

About half (49%) of healthcare professionals are likely to invest in new RCM technology in the next 18 months , according to Salucro’s Healthcare Provider Fintech Insights Report. FHIR-enabled data exchange vendor 1upHealth appointed Andrea Kowalski as Chief Product Officer.

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Weekly Roundup – September 21, 2024

Healthcare IT Today

Read more… FDA FHIR Pilot Automates Adverse Events Reporting and Validation. Jay Nakashima at eHealth Exchange detailed how California’s Cedars-Sinai used FHIR to send adverse events related to COVID-19 vaccines to the FDA – a process that replaced manual data entry and faxing.

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Weekly Roundup – May 4, 2024

Healthcare IT Today

Read more… Cybersecurity, AI, and the Future of RCM. Colin Hung interviewed Michael Quinn at Inovalon about why humans remain key to RCM even as automation takes hold. requires support for FHIR API exchange. In light of the Change Healthcare hack, they also discussed why organizations need multiple paths for their data.

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Bonus Features – November 5, 2023 – Only 24% of healthcare organizations have successfully disrupted ransomware attacks, 83% of healthcare leaders say AI is or will be an essential skill, plus 20 more

Healthcare IT Today

Although 90% of health systems face turnover rates of greater than 10% for roles in RCM and patient experience, only 25% of executives are looking at AI or workflow improvements to improve efficiency , an Experian Health survey found. RCM and price transparency company Rivet appointed Erick Sunarto as Vice President of Technology.

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