Healthcare IT Today

AUGUST 25, 2023

In search of that answer, we reached out to our wickedly smart Healthcare IT Today Community to see what trends in RCM they are keeping their eyes on and why. Comment down below or on social media what trend in RCM we should be keeping an eye on and why. We’ve compiled all of their answers together in the video down below.

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Healthcare IT Today

AUGUST 9, 2024

So let’s turn our attention for a moment to financial management and RCM to see what our current challenges are in those areas. At the past HFMA Conference, we asked our incredible Healthcare IT Today Community – what’s a financial management or RCM challenge that not enough people are talking about and why?

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RCM Healthcare IT Leadership Health IT 73

Healthcare IT Today

JULY 11, 2024

These factors have made the already complex activity of revenue cycle management (RCM) – the process of tracking care from patient registration to claims submission to final payment – significantly more challenging. Conversely, RCM inefficiencies can severely diminish the quality of care and lead a provider to financial ruin.

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RCM HIPAA Leadership Patient Experience 124

Healthcare IT Today

JULY 30, 2024

Revenue Cycle Management (RCM): The Strongest Use Case of GenAI in Healthcare The financial backbone of healthcare, RCM, entails everything from payments and pre-authorization before treatment to reimbursements, compliances, and interoperability with other systems. Unsurprisingly, GenAI in healthcare is expected to reach USD 22.1

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RCM Medical Billing Leadership Interoperability 122

Healthcare IT Today

AUGUST 8, 2024

You may remember that last year we shared a video interview with FinThrive talking about a new RCM technology adoption model that they had put together and were sharing with the industry at HFMA. Vigo also shared with us some specific examples of how the RCMTAM tool has improved efficiency and financial outcomes at UC San Diego Health.

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RCM Healthcare IT Leadership Health IT 124

Healthcare IT Today

JUNE 30, 2022

The upside of adopting technology for RCM can be significant: A drop in DSO (days sales outstanding). One technology in particular is proving to be very effective for RCM improvement – data analytics. Why communication from leaders remains key to RCM improvement. How executives can make work-from-home for RCM staff work.

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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

OCTOBER 23, 2023

The following is a guest article by Pete Heydt, President at Patient Pay Ninety-five percent of healthcare leaders expect outpatient volumes to increase, with many anticipating increases of 10% or more this year, a recent survey found.

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Healthcare IT Today

OCTOBER 26, 2024

Read more… Advice for Women in Healthcare Leadership Roles. John Lynn recently attended the SOAR conference and chatted with Dawn Whitney at ElevateX Leadership Collective about how women can overcome the fear of failure and other challenges they face as leaders in healthcare.

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Healthcare IT Today

SEPTEMBER 29, 2023

However, proper staffing for EHR, revenue cycle management (RCM), and other major health IT system transitions go far beyond IT personnel. In fact, my experience suggests that operational readiness is a key factor for EHR and RCM success. Each phase of a project, from ideation to activation, demands specific skills and insights.

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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

Arnab Sen, Chief Strategy Officer at Omega Healthcare Increasingly, forward-thinking healthcare organizations are leveraging RCM solutions that incorporate artificial intelligence (AI), machine learning, natural language processing, and automation.

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RCM Patient Experience Healthcare IT Leadership 122

Healthcare IT Today

JANUARY 19, 2024

As we kick off 2024, we wanted to start the new year with a series of 2024 Health IT predictions. Patches Seely, Executive Vice President of Clinical Solutions at Carenet Health Clinicians’ burnout is in both a state of prevention and cure.

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Health IT RCM Healthcare IT Interoperability 122

Healthcare IT Today

JUNE 10, 2024

Next, we debate over where AI, Machine Learning, and Automation are actually having an impact in RCM. Where is AI, Machine Learning, and Automation actually having an impact in RCM? Next, we debate over where AI, Machine Learning, and Automation are actually having an impact in RCM. What are we going to see at HFMA around AI?

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Healthcare IT RCM Health IT Leadership 131

Healthcare IT Today

JANUARY 10, 2024

As we kick off 2024, we wanted to start the new year with a series of 2024 Health IT predictions. This frees up staff to focus on more complex and strategic aspects of RCM. We asked the Healthcare IT Today community to submit their predictions and we received a wide ranging set of responses that we grouped into a number of themes.

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Healthcare IT Today

NOVEMBER 8, 2024

This recognition underscores Nym’s leadership in the field and its adherence to Epic’s standards for integration. Along with over 95% accuracy of improved coding, Nym’s RCM solution delivers audit-ready, traceable documentation for every code it generates, ensuring total visibility into why each code was assigned.

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RCM Leadership Health IT Healthcare IT 117

Healthcare IT Today

MAY 13, 2024

Next, we debate on whether or not this attack will have an impact on how healthcare organizations are approaching RCM. Will this impact how healthcare organizations are approaching RCM? Next, we debate on whether or not this attack will have an impact on how healthcare organizations are approaching RCM.

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Healthcare IT Today

NOVEMBER 14, 2024

Gomez shared with us about their experience using healow Pay and Statements and how it has really benefited the HealthNet organization’s RCM. Along with moving to the cloud, HealthNet has also been leveraging eClinicalWorks healow solution to improve their revenue cycle management.

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RCM EMR Healthcare IT Patient Experience 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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Healthcare IT Today

OCTOBER 30, 2023

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.

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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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Healthcare IT Today

JUNE 8, 2024

This workflow should make both clinical and security leadership happy. When it comes to bringing AI to RCM, Austin Ward at Fathom recommended organizations consider automation rate, accuracy, EHR compatibility, adaptability, scalability, and vendor support. Read more… Reforming Health Insurance by Automating It.

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Healthcare IT Today

OCTOBER 31, 2023

Enhances Revenue Cycle Services Market Leadership with Patient Engagement Services and Technology Capabilities Today, Access Healthcare , a global leader in revenue cycle management (RCM) and healthcare services, announced the acquisition of Envera Health , a market leader in patient engagement services.

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RCM Patient Experience Medical Billing Leadership 121

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

JULY 26, 2021

For the 67th episode of the Healthcare IT Podcast, we’re talking about what’s Rising and Falling in Health IT. I’m not sure there’s ever been a time in health IT where more things have been happening.

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Healthcare IT Today

FEBRUARY 21, 2024

Joseph’s , recently sat down with Healthcare IT Today to discuss the revenue cycle management (RCM) improvements her team has made. Efficient RCM Processes are Critical Dr. Kushner has a passion for RCM.

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RCM Healthcare IT Leadership Health IT 73

Healthcare IT Today

APRIL 5, 2021

In this episode we talk about some of the hottest topics in health IT and talk about whether we’re buying that something is going to happen or selling since we don’t think it’s going to happen. Whether you’re […] Health IT: Buy or Sell

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Healthcare IT Today

JULY 29, 2024

Be sure to check out 3Pillar’s eBook “ The Revenue Cycle Playbook: 7 Opportunities to Modernize the Healthcare Payment Ecosystem ” to hear more of their perspectives on improving RCM. Finally, it wouldn’t be a health IT podcast without some discussion of AI and how AI can be leveraged to make the experience better.

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Healthcare IT Today

FEBRUARY 23, 2024

RCM automation, powered by artificial intelligence, can achieve this – saving considerable time and adding millions of dollars to the bottom line. Healthcare providers need an adaptable and scalable solution to address these issues permanently.

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Healthcare IT Today

OCTOBER 24, 2022

This time we’re diving into revenue cycle management (RCM). We take a look at the challenges that RCM is currently facing and how technology can help. McGruder shares the topics and projects he’s keeping an eye out for. Then, we discuss his expanding risk surface when it comes to security.

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Healthcare IT Today

JANUARY 9, 2023

RSi Chief Executive Officer Brent Rollins remarked on the news, “RSi’s leadership team and Invicta’s leadership team have been acquainted for many years. Along the way, the company has developed clientele that expands beyond healthcare systems and hospitals to include other larger revenue cycle service providers.

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Healthcare IT Today

MARCH 19, 2023

A survey from the Health Management Academy and Outbound AI reported that almost half (48%) of health systems are using AI technology for workforce management , and 85% expect to see a moderate to significant increase in the use of such tools in the next one to three years. Healthcare is one of six industries featured at the event.

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Healthcare IT Today

DECEMBER 9, 2023

And we heard a lot of worthy answers, including public health, rural health, senior health, post-acute care, and cutting down on healthcare’s spending on administration. Read more… CIO Podcast : Teamwork and Leadership. Read more… A Medical Receptionist Service Can Improve the Patient Experience.

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Healthcare IT Today

JANUARY 15, 2024

Hospitals Explore RCM Technologies Across the board, claim rejections are growing by number and amount, which is putting a squeeze on accounts receivable and provider cash flow.

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Healthcare IT Today

OCTOBER 16, 2022

Care coordination company Quantum Health named John Hallock as chief communications officer. RCM firm Conifer Health added Patti Peets and James Muir to its sales executive leadership team, covering the South-Central Texas Region and West Coast regions, respectively.

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HIE RCM Leadership Healthcare IT 103

Healthcare IT Today

OCTOBER 9, 2022

LexisNexis Risk Solutions launched a real-world data network and named five partner members: Truveta, Ovation, Solis Mammography, PointClickCare, and The Institute for Health Metrics. RCM vendor FinThrive introduced automation functionality to its insurance discovery product.

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Healthcare IT Today

OCTOBER 28, 2024

Another not so sexy, but important part of every EHR is the RCM and billing functionality. That should allow the doctors doing a prescription refill to see if there are other refills they should do at the same time to save them a future message and provide a better patient experience.

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