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

MAY 13, 2024

For the 140th episode of the Healthcare IT Today Podcast we are talking about the Change Healthcare ransomware attack. Then we discuss whether or not we think this will be the inciting incident for healthcare organizations to wake up about their security. Will this wake up healthcare organizations in regard to security?

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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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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

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

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

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 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

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

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

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

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

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

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

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

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

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 23, 2023

Healthcare IT Today met with Dr. Brian Stratta, Interim Chief Executive Officer and Chief Medical Officer of Hyndman Area Health Centers (HAHC) to learn more. Systemic Review of RCM Processes The HAHC billing team, under a new manager, collaborated with eClinicalWorks to review and streamline the RCM process.

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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

SEPTEMBER 1, 2023

Investing in the patient journey pays off by empowering patients to make better decisions about their healthcare, utilize available care pathways, and ensure a stable revenue cycle for healthcare organizations.

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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

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

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 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. , This transaction will provide real benefits to both customers and employees.

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Healthcare IT Today

AUGUST 10, 2024

Welcome to our Healthcare IT Today Weekly Roundup. Each week, we’ll be providing a look back at the articles we posted and why they’re important to the healthcare IT community. Read more… The Evolution of the RCM Technology Adoption Model. Read more… Improving RCM With True AI and Machine Learning.

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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

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. Tell us what you think.

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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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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

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

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 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

DECEMBER 10, 2023

Welcome to the weekly edition of Healthcare IT Today Bonus Features. Because there’s so much happening out there in healthcare IT we aren’t able to cover in our full articles, we still want to make sure you’re informed of all the latest news, announcements, and stories happening to help you better do your job.

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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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