Remove Leadership Remove Medical Billing Remove RCM
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. Unsurprisingly, GenAI in healthcare is expected to reach USD 22.1

RCM 120
article thumbnail

Turning Increased Ambulatory Volumes into Financial Strength: 4 Moves for RCM

Healthcare IT Today

Medical care prices may have grown at their slowest rate in decades in the past year, but consumers still feel the pinch, with many dipping into savings to pay their medical bills. That’s one reason why self-service options for account management are critical.

RCM 118
Insiders

Sign Up for our Newsletter

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

article thumbnail

Hyndman Area Health Centers Improves RCM Process with Help from eClinicalWorks Despite Key Personnel Departures

Healthcare IT Today

Systemic Review of RCM Processes The HAHC billing team, under a new manager, collaborated with eClinicalWorks to review and streamline the RCM process. They went through everything with our new billing manager and found places where we could improve upon – like insurance verification.” Watch the interview with Dr.

RCM 52
article thumbnail

Access Healthcare Acquires Envera Health

Healthcare IT Today

Enhances Revenue Cycle Services Market Leadership with Patient Engagement Services and Technology Capabilities Today, Access Healthcare , a global leader in revenue cycle management (RCM) and healthcare services, announced the acquisition of Envera Health , a market leader in patient engagement services.

RCM 119
article thumbnail

Digital Innovation and AI in Revenue Cycle Management

Healthcare IT Today

AI capabilities can speed through burdensome RCM tasks to help healthcare providers avoid denials, reduce coding errors and improve price transparency for patients. It’s reported that somewhere around 80% of medical bills contain errors, which hurts the patient and the provider. Dawn Crump, Sr.

RCM 122
article thumbnail

Adapting to Change: The Imperative for Provider Revenue Diversification

Healthcare IT Today

This can lead to unnecessary visits, improper billing, and confusing statements that leave patients feeling overwhelmed by medical bills. Compassionate Approach Patients facing medical bills can feel anxious. Train staff to approach billing inquiries with empathy and understanding.

article thumbnail

How AI Can Optimize Accounts Receivable Management

Healthcare IT Today

Information provided by payers, such as Explanations of Benefits (EOB), may seem vague or unclear to patients, resulting in 72% of consumers reporting being confused once they receive their medical bill.