Healthcare IT Today

JUNE 27, 2023

So with all of these incredible innovations, let’s take a moment to narrow our field down to Revenue Cycle Management (RCM). How can we be using technology to optimize RCM? And even more specifically, what role can data analytics and AI play in optimizing RCM? We would love to hear from all of you as well!

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Healthcare IT Today

JUNE 29, 2023

Revenue Cycle Management (RCM) is like a one of those huge Lego sculptures. Having a well executed RCM strategy is crucial to keep your organization running because it impacts everything. From the outside it looks one thing, but upon further inspection there are a million tiny little pieces that fit together to create the whole.

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Healthcare IT Today

JANUARY 6, 2022

The team at CorroHealth is emphasizing a balanced approach to improving Revenue Cycle Management (RCM) – one that blends AI, automation, and people. The company’s leaders believe that healthcare organizations should set themselves a goal of streamlining and augmenting the current processes, especially in light of the hiring challenges.

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Healthcare IT Today

AUGUST 16, 2024

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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Healthcare IT Today

AUGUST 15, 2023

After conducting in-depth research with health system finance leaders across the country, FinThrive realized there was a significant market need for an adoption model that could show the impact of technology on RCM. Get a free assessment that leverages FinThrive’s revenue management technology adoption model framework.

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Healthcare IT Today

JANUARY 24, 2022

PayrHealth today announced that it has acquired SilverCreek RCM, a Pittsburg, Kansas based full-service revenue cycle management (RCM) company serving healthcare providers across the country and continuum – supporting clients’ revenue growth and minimizing their administrative burdens so they can focus on patients.

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Healthcare IT Today

MARCH 30, 2023

Enhanced Healthcare Partners (EHP) , a leading private equity firm specializing in transformative, middle-market healthcare businesses, announced today a strategic growth investment in Janus , a leading provider of healthcare revenue cycle management (RCM) technology.

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Healthcare IT Today

MAY 13, 2022

Med-Metrix, LLC (“Med-Metrix”, or the “Company”), a leading provider of technology-enabled, Revenue Cycle Management (“RCM”) solutions, backed by A&M Capital Partners (“AMCP”), announced it has acquired PatientPal, Inc. (“PatientPal”).

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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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Healthcare IT Today

MAY 7, 2024

Topics include changes in revenue cycle management (RCM), the role of AI, the importance of being willing to evolve with the times, and finally, a discussion of Queiro’s inspiring and practical book, Joy Notes: Balancing the Trauma with Triumph.

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Healthcare IT Today

SEPTEMBER 1, 2023

Adopting a patient-centric approach alongside harnessing the power of automation will allow healthcare institutions to drive better health outcomes. I challenge the RCM industry to personalize interactions, when possible, approach patients with sensitivity and empathy, educate and inform them, and resolve issues with a human touch.

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Healthcare IT Today

APRIL 3, 2024

Let us take that stress away by finding a mix of great health IT jobs for you! We hope you enjoy this look at some of the health IT jobs we saw healthcare organizations trying to fill this week. Epic Cupid Analyst – Bluebird Staffing Senior EHR Analyst, Epic Beacon – Ardent Health Services Sr.

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Healthcare IT Today

SEPTEMBER 16, 2022

Capital One Commercial Bank , a full-service bank with middle market specialization in many industries, including over 40 healthcare sub-sectors, announced today it served as a joint lead arranger for an amended and restated credit facility for R1 RCM. R1 RCM used the facility, which increased its borrowing capacity from $1.2

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Electronic Health Reporter

OCTOBER 11, 2018

We design a tablet-based EHR and PM, offer RCM services, and refine patient workflow. The article Health IT Startup: DocuTAP appeared first on electronichealthreporter.com. DocuTAP crafts on-demand healthcare software and services that make over a thousand urgent care clinics run efficiently.

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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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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

JANUARY 12, 2023

a leading provider of Electronic Medical Record (EMR) solutions, today announced the acquisition of Net Health ’s EMR line of home health, hospice, home care, and palliative solutions and RCM services (collectively, “home health and hospice”). Careficient Inc. ,

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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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Healthcare IT Today

JANUARY 18, 2024

a leading provider of healthcare data and technology solutions announced today the acquisition of Koha Health , a full-service revenue cycle management (RCM) company. Veradigm Inc. ,

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Healthcare IT Today

MARCH 12, 2024

Healthcare IT Today sat down with Juli Forde Smith, Director of Strategic Partnerships at ZOLL Data Systems and Erica Gregory, Senior Vice President at Netsmart to discuss interoperability for revenue cycle management (RCM). Prioritize Intake for Effective RCM Patient intake is an important part of the revenue cycle process.

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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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Healthcare IT Today

JANUARY 14, 2022

Advances Integrated Technology Strategy Through Enhanced Revenue Intelligence and Expanded Automation Opportunity R1 RCM Inc.

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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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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

JANUARY 20, 2022

Be sure to check out all our Health IT Predictions. As we head into 2022, we asked the Healthcare IT Today community to share some predictions for the new year. I always find it interesting to learn what people think is coming down the road. One of the hottest topics thanks to COVID is associated […].

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Healthcare IT Today

JUNE 3, 2024

This strategic acquisition further strengthens Firstsource’s RCM solutions offerings, providing more comprehensive and AI-enabled RCM solutions for health systems, and growing its offshore capabilities.

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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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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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Healthcare IT Today

JULY 21, 2022

When you attend a conference, it’s always fun to see if there’s a kind of theme or hot topic for those attending the conference. At this year’s HFMA annual conference the big theme I kept hearing over and over had to do with staffing challenges.

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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 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

AUGUST 10, 2024

Read more… The Evolution of the RCM Technology Adoption Model. We sat down with experts from FinThrive, UC San Diego Health, and CereCore to learn specific examples of how the framework has improved efficiency and financial outcomes. Read more… Improving RCM With True AI and Machine Learning.

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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

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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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

DECEMBER 10, 2023

Nearly all (95%) of healthcare executives are interested in end-to-end managed services to solve RCM challenges, according to a survey from Ensemble Health Partners. Additionally, 75% of respondents don’t have established relationships with post-acute care providers. More than 70% prefer managed services to in-house operations.

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