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As a healthcare leader, it’s your job to learn which RCM technology and AI solutions are really making an impact. Pada also shares with us how Infinx is using AI and automation to free up healthcare staff for higher-value tasks and reduce manual workloads.
One of the hottest topics we hear talked about at Healthcare IT Today has to do with revenue cycle management (RCM). COVID and other financial pressures have driven RCM to the top of many healthcare organization’s strategic priorities. Plus, finding the right RCM staff makes this even harder.
We reached out to our incredible Healthcare IT Today Community to get their insights on what will happen in the coming year and boy did they deliver. RCM solutions need technology that is driven by responsible AI, analytics that are accessible in real-time and provide actionable insights, and automation that is low maintenance and accurate.
Navaneeth Nair, its Chief Product Officer, views AI refinement as a life cycle in which humans constantly monitor and evaluate its results, giving AI feedback so that it keeps up with the evolution of RCM. The life cycle approach builds trust in AI and improves the RCM outcomes for their customers.
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.
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.
For the 142nd episode of the Healthcare IT Today Podcast we are doing a preview of the HFMA Annual Conference ! Next, we debate over where AI, Machine Learning, and Automation are actually having an impact in RCM. Next, we debate over where AI, Machine Learning, and Automation are actually having an impact in RCM.
Knack Global (Knack) , an industry-leading provider of tech-enabled, end-to-end revenue cycle management (RCM) solutions, is pleased to announce its acquisition of Merrick Management, Inc. These leaders have each been with the Company for over 22 years and have extraordinary knowledge and experience in the anesthesia RCM market.
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. RCM company CorroHealth finalized its acquisition of Xtend , Navient’s healthcareRCM business.
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.
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?
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. Healthcare IT Today caught several experts on camera in Las Vegas. Read more… Balancing AI and Humans in RCM to Produce Clear ROI.
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.
Welcome to our Healthcare IT Today Weekly Roundup. Each week, well be providing a look back at the articles we posted and why theyre important to the healthcare IT community. Read more… Finding Success With RCM Amid Evolving Challenges. Balancing Natural Treatments and Surgery for Orthopedic Conditions.
Acquisition Significantly Expands Knack RCM’s Fulfillment Capabilities in the Philippines Knack RCM , a leader in tech-enabled, end-to-end, and customizable revenue cycle management (RCM) services, today announced the acquisition of HealthyBOS, a distinguished U.S.
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.
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 […].
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.
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!
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.
In this interview, we hear about the far-reaching consequences of poor transportation coordination and the benefits of modern RCM in transportation from Elizabeth Jepsen, Chief of Staff at Kinetik, and Denise Kajanoff, Senior Vice President of Payer Strategy and Growth.
By addressing common Urgent Care challengesranging from provider burnout to revenue cycle management (RCM) issuesAI can revolutionize Urgent Care operations. Optimizing Revenue Cycle Management (RCM) AI can streamline RCM by automating claims submissions and handling denial management with incredible speed and accuracy.
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.
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.
Welcome to the weekly edition of Healthcare IT Today Bonus Features. Because theres so much happening out there in healthcare IT we arent able to cover in our full articles, we still want to make sure youre informed of all the latest news, announcements, and stories happening to help you better do your job.
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. Members of the Healthcare IT Today community highlighted the need to enter BAAs, strengthen monitoring, and leverage OAuth2.0 SONU Allergy Device Review.
The Company’s innovative solution for revenue cycle management (RCM) takes provider notes within patient charts and translates them into accurate diagnostic and billing charge codes, all within a matter of seconds and with zero human intervention.
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. Safe travels, all!
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?
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.
"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.
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. Key considerations from the Healthcare IT Today community included network segmentation, routine firmware updates, and authentication and access controls.
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.
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.
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”).
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.
Welcome to our Healthcare IT Today Weekly Roundup. Each week, well be providing a look back at the articles we posted and why theyre important to the healthcare IT community. The Healthcare IT Today community said flexible work models, dynamic scheduling, outsourcing, and greater emphasis on staff management should all help.
Welcome to our Healthcare IT Today Weekly Roundup. Each week, well be providing a look back at the articles we posted and why theyre important to the healthcare IT community. This is a big deal, and the Healthcare IT Today community had a lot to say about it. More than 20% of U.S. million in funding. Happy Saturday!
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.
Margaret Schuler, Revenue Cycle Management Executive, Industry Expert, and Advisor to Cofactor AI said, More than ever there is a need for innovation and automation in the RCM space. Denials continue to plague the healthcare industry, compounding the already complicated payment model.
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.
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.
Welcome to the weekly edition of Healthcare IT Today Bonus Features. Because theres so much happening out there in healthcare IT we arent able to cover in our full articles, we still want to make sure youre informed of all the latest news, announcements, and stories happening to help you better do your job.
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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