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Outsourcing will pivot to a more surgical, targeted strategy, focusing on high-impact, specialized areas like revenue integrity, underpayment recovery, and the more commonplace out-of-state Medicaid and small balance recovery work where RCM outsourcing supplements streamlined, automation-empowered teams instead of replacing them.
Read more… LifeSciences Today Podcast : Drug Discovery With AI and Deep Tech. Read more… Interoperability’s Role in Supporting Compassionate Care. Read more… Funding and M&A Activity: Knack RCM acquired PPM Partners , which provides anesthesia billing and practice management services.
The AI models of tomorrow will be fueled by a complete picture of each individual patient this is powered by a responsible infrastructure with an output of safe, and secure interoperable data. AI-powered revenue cycle management (RCM) systems streamline billing and coding processes, reduce claim denials, and optimize revenue capture.
We recorded many videos with members of our community and other event attendees to get expert analysis on topicssuch as AI, cybersecurity, and interoperability. Read more… Improving RCM With AI. RCM automation vendor Candid Health raised $52.5 The Healthcare IT Today team was out in full force in Las Vegas.
Read more… The Sequoia Project’s Healthcare Interoperability Roadmap for 2025. We got plenty of good answers, including collaboration, data visualization, decision support, interoperability, and support for third-party apps. Read more… Using RCM Technology to Close Healthcares Generation Gap.
Partnerships Redox is partnering with Snowflake to make data from legacy healthcare systems available in Snowflake’s Healthcare & LifeSciences Cloud. In addition, interoperability vendor Secure Exchange Solutions joined the MEDITECH Alliance Collaborator Program.
In the latest Healthcare IT Today Interviews podcast, Colin Hung chats with Jess Stover at SimiTree and Derek Shaw at Invicta Health Solutions about the role of process automation and data analysis in improving revenue cycle management (RCM) and boosting cash flow at a time when many practices need it.
The market will see increased asks/attention for bots as they are critically needed in RCM to offset staff shortage, enhance staff retention, and accelerate tasks (ultimately cash flow). Automation is making a big difference in revenue cycle management (RCM). Even chatbots that can triage and provide information are automated.
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