Healthcare IT Today

DECEMBER 29, 2023

Acquisition of Providence’s Current Modular Services Business Accompanied by 10-Year Agreement to Provide Comprehensive Revenue Cycle Management Services R1 RCM Inc. (R1) health systems. Morgan acted as financial advisors to R1, and Perkins Coie LLP, Kirkland & Ellis LLP, and Baker Donelson acted as legal counsel.

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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

APRIL 15, 2022

Staffing continues to be the most significant challenge facing healthcare in 2022 – not just on the frontlines but in the back-office too. To fill the gap, they must adopt RCM technology and learn to partner with service providers. Healthcare […].

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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

SEPTEMBER 17, 2024

EnableComp , a market leader in specialty revenue cycle solutions for healthcare, announced that it has acquired ANI Healthcare Solutions, LLC (ANI) , a San Francisco-based denial management company.

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Healthcare IT Today

AUGUST 5, 2024

AI for Revenue Cycle Management (RCM) is hot topic right now. Are we heading for a day when RCM will be completely automated? To explore this topic, Healthcare IT Today , wanted to ask an executive that works in this area to come on-camera for a “Tough Questions” interview. Hear honest answers to these and other tough questions.

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Healthcare IT Today

MAY 1, 2024

Revenue Cycle Management (RCM) is hot topic right now due to the cybersecurity incident at Change Healthcare. Hear honest answers to tough questions related to that incident and how AI will impact RCM. Watch as Michael Quinn answers these three tough RCM-related questions: AI is the hottest technology at the moment.

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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

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

MARCH 27, 2024

Many factors make revenue cycle management (RCM) a big headache for U.S. Infinx (pronounced “in-fin-ex”) works currently with more than 4,000 providers, applying machine learning to automate RCM. We all know that the future of RCM is going to be around AI and automation. health care providers.

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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

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

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. Check it out and see if any of their answers can help you and your healthcare organization. We’ve compiled all of their answers together in the video down below.

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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. Check out the interview below to learn from FinThrive, UC San Diego Health, and CereCore about this RCM technology maturity model.

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Healthcare IT Today

OCTOBER 9, 2024

AGS Health is using an AI-powered system to streamline revenue cycle management (RCM) processes and increase efficiency. AGS Health calls their AI system, the Intelligent RCM Engine. The Intelligent RCM Engine chatbot offers personalized guidance on claim denials and next steps to staff – reducing errors and improving outcomes.

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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 News - Telehealth

MAY 12, 2021

"These numbers are not surprising, as RCM is still relatively new," said Kristin Stitt, chief clinical officer at Vector, in a statement. That said, RCM technology is still maturing. The report also flagged a potential mismatch between the administrative burden of RCM on staff and the awareness of said burden on physicians.

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Healthcare IT Today

JULY 21, 2022

Listen and subscribe to the Healthcare IT Today Interviews Podcast to hear all the latest insights from experts in healthcare IT. Check out our video interview with Dawn Johnson to learn more about how she’s working with a team of people both inside and outside her organization to improve their revenue cycle management.

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Lloyd Price

AUGUST 19, 2024

The attraction is simple: Financial sponsors and strategics continue to see blue sky for growth both organically and through acquisition in a highly fragmented market that quite literally pays the bills in healthcare. RCM software helps hospitals, doctors and other healthcare groups bill for services and collect payments.

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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

AUGUST 12, 2024

To help answer this question, we reached out to our insightful Healthcare IT Today Community. We asked them – in the context of value-based care, how are revenue cycle management practices evolving to align with new payment models and what challenges and opportunities does this shift present for healthcare organizations?

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Healthcare IT Today

NOVEMBER 7, 2022

To endure, organizations will need to look to creative talent solutions, process automation, and other technologies – particularly in revenue cycle management (RCM). Automating the retrieval of claims statues from third party providers can take a lot of work off the shoulders of RCM staff,” explained Thatapudi.

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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

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

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. And for an exclusive look at our top stories, subscribe to our newsletter and YouTube.

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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 18, 2023

Digital Innovation and Artificial Intelligence are two huge topics recently in the world of Healthcare IT. We reached out to the Healthcare IT Today Community for their insights on this topic. InstaMed found 73% of healthcare consumers want eStatements but 75% of providers primarily use paper and manual processes for collections.

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Healthcare IT Today

JANUARY 2, 2023

Most Visited Healthcare IT Resource Pages. Healthcare IT and EHR Conferences and Events. Healthcare GIS. Most Visited Healthcare IT Today Articles Published in 2022. Healthcare’s Perfect Storm: Five Cost-Saving Strategies. Most Visited Healthcare IT Today Articles that were Published Prior to 2022.

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Healthcare IT Today

JANUARY 20, 2022

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. Be sure to check out all our Health IT Predictions. One of the hottest topics thanks to COVID is associated […].

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Healthcare IT Today

JULY 30, 2024

Unsurprisingly, GenAI in healthcare is expected to reach USD 22.1 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.

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Healthcare IT Today

FEBRUARY 23, 2023

Many healthcare providers find themselves wondering whether a revenue cycle management (RCM) partner would benefit their organizations. Streamline the billing process The right RCM partner will help providers optimize revenue by creating faster, easier processes to identify insurance coverage.

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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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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

AUGUST 7, 2024

This is why implementing advanced technologies and automation into healthcare is crucial for your staff’s and your organization’s wellbeing. Additionally, machine learning is being used in RCM predictive analytics, where algorithms analyze vast amounts of historical data to forecast trends and outcomes.

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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

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

MAY 5, 2021

R1 RCM Inc. NASDAQ: RCM), a leading provider of technology-driven solutions that transform the patient experience and financial performance of healthcare providers, today announced a definitive agreement to acquire VisitPay, the leading digital payment solution provider for approximately $300 million in cash.

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