article thumbnail

Unlocking the Power of Interoperability for Revenue Cycle Management

Healthcare IT Today

Interoperability is game-changing not just in a clinical setting, but it holds tremendous potential for healthcare’s financial stakeholders as well. Prioritize Intake for Effective RCM Patient intake is an important part of the revenue cycle process. The earlier and more seamlessly we can engage, the better.”

article thumbnail

Healthcare Revenue Cycle Management – 2025 Health IT Predictions

Healthcare IT Today

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Weekly Roundup – December 7, 2024

Healthcare IT Today

Read more… An Interoperability and EHR API Deep Dive with Brendan Keeler. In part two of their conversation, John and Brendan touched on the challenges and opportunities of interoperability , particularly from the perspective of prior authorization, along with what to make of information blocking court cases.

RCM 94
article thumbnail

Weekly Roundup – October 26, 2024

Healthcare IT Today

The limitations of interoperability has made value-based care more complex , said Ashay Thakurat Cedar Gate Technologies. RCM company CorroHealth finalized its acquisition of Xtend , Navient’s healthcare RCM business. Read more… Breaking Down Healthcare’s Data Walls.

RCM 95
article thumbnail

GenAI in Healthcare: Catalyzing the Revenue Cycle Management Transformation

Healthcare IT Today

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. Such applications go beyond automating repetitive tasks.

RCM 126
article thumbnail

Weekly Roundup – November 2, 2024

Healthcare IT Today

John connected with Angie Bass at Velatura to discuss why interoperability is about finding value in data and not just exchanging data. RCM automation platform Candid Health announced $29 million in Series B funding. Read more… The Value of Health Data for Business Intelligence.

article thumbnail

Weekly Roundup – January 11, 2025

Healthcare IT Today

Tellingly, 60% of recommended imaging isn’t followed up on , and panelists said the one-two punch of limited interoperability and poor engagement play a big part in that. The Healthcare IT Today community expects automation will continue transforming RCM in 2025 , with a primary focus on eliminating waste and reducing inefficiency.

RCM 58