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. Comment down below or on social media what trend in RCM we should be keeping an eye on and why. We’ve compiled all of their answers together in the video down below.

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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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RCM Healthcare IT Leadership Health IT 70

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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RCM HIPAA Leadership Patient Experience 121

Healthcare IT Today

JULY 30, 2024

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

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RCM Medical Billing Leadership Interoperability 120

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 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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RCM Healthcare IT Leadership Health IT 121

Healthcare IT Today

JUNE 23, 2023

Systemic Review of RCM Processes The HAHC billing team, under a new manager, collaborated with eClinicalWorks to review and streamline the RCM process. With the new streamlined RCM process, reports are now available in near real-time. This meant that HAHC had to start from scratch to rebuild their revenue cycle processes.

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Healthcare IT Today

AUGUST 12, 2024

Andy Adams, Managing Director, Performance Improvement and Advisory Services at Nordic Consulting The transition to value-based care (VBC) requires a fundamental shift in RCM practices to align with new payment models that prioritize patient outcomes and quality over volume.

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RCM Healthcare IT Leadership Health IT 117

Hinduja Global Solutions

FEBRUARY 8, 2021

For better RCM, prioritize people and track with technology. Proper revenue cycle management (RCM) involves careful documentation of the entire patient journey, from pre-registering through payment collection. Across the healthcare industry, health information mismanagement is causing a loss of millions of dollars each year.

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RCM Leadership Health Information 52

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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RCM Patient Experience Medical Billing Medicare 118

Healthcare IT Today

AUGUST 7, 2024

Making well-informed decisions is very important in the healthcare space, especially for areas that are necessary for your organization to function, like revenue cycle management (RCM). Here’s how: Unmasking Hidden Trends: Data analytics can analyze vast amounts of RCM data to identify trends and patterns invisible to the naked eye.

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RCM Leadership Healthcare IT Health IT 126

Healthcare IT Today

OCTOBER 26, 2024

Read more… Advice for Women in Healthcare Leadership Roles. John Lynn recently attended the SOAR conference and chatted with Dawn Whitney at ElevateX Leadership Collective about how women can overcome the fear of failure and other challenges they face as leaders in healthcare.

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Healthcare IT Today

AUGUST 7, 2024

Arnab Sen, Chief Strategy Officer at Omega Healthcare Increasingly, forward-thinking healthcare organizations are leveraging RCM solutions that incorporate artificial intelligence (AI), machine learning, natural language processing, and automation.

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RCM Patient Experience Healthcare IT Leadership 120

Healthcare IT Today

JUNE 10, 2024

Next, we debate over where AI, Machine Learning, and Automation are actually having an impact in RCM. Where is AI, Machine Learning, and Automation actually having an impact in RCM? Next, we debate over where AI, Machine Learning, and Automation are actually having an impact in RCM. What are we going to see at HFMA around AI?

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Healthcare IT RCM Health IT Leadership 129

Healthcare IT Today

NOVEMBER 8, 2024

This recognition underscores Nym’s leadership in the field and its adherence to Epic’s standards for integration. Along with over 95% accuracy of improved coding, Nym’s RCM solution delivers audit-ready, traceable documentation for every code it generates, ensuring total visibility into why each code was assigned.

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RCM Leadership Health IT Healthcare IT 114

Healthcare IT Today

MAY 13, 2024

Next, we debate on whether or not this attack will have an impact on how healthcare organizations are approaching RCM. Will this impact how healthcare organizations are approaching RCM? Next, we debate on whether or not this attack will have an impact on how healthcare organizations are approaching RCM.

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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.

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RCM EMR Healthcare IT Patient Experience 117

Healthcare IT Today

AUGUST 9, 2024

Ultimately, the integration of true AI and machine learning in RCM contributes to greater accuracy, reduced denials, and a better patient experience. The best RCM work is eliminating the work itself, and if the work cannot be eliminated then it’s about automating the work through AI and machine learning models.

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RCM Interoperability Healthcare IT Patient Experience 77

Healthcare IT Today

OCTOBER 30, 2023

By adding Corridor to its portfolio, WellSky will expand its medical coding and revenue cycle management (RCM) offerings to help care providers increase efficiency and improve performance across clinical, financial, operational, and compliance areas.

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RCM Leadership Interoperability Nursing 119

Healthcare IT Today

JANUARY 20, 2023

So often in talking about Revenue Cycle Management (RCM) the focus is placed onto the organization. How do we improve RCM? How to can we incorporate digital solutions into RCM? However, that leaves out one huge piece of RCM. So let’s take a moment and focus on the patient’s experience with RCM.

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Patient Experience RCM Healthcare IT Leadership 111

Healthcare IT Today

JANUARY 18, 2023

AI capabilities can speed through burdensome RCM tasks to help healthcare providers avoid denials, reduce coding errors and improve price transparency for patients. This problem supports a great case for the use of AI in RCM services, as they use natural language processing to assess a physician’s notes and propose the correct codes to use.

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Healthcare IT Today

OCTOBER 31, 2023

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.

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RCM Patient Experience Medical Billing Leadership 119

Healthcare IT Today

JUNE 8, 2024

This workflow should make both clinical and security leadership happy. When it comes to bringing AI to RCM, Austin Ward at Fathom recommended organizations consider automation rate, accuracy, EHR compatibility, adaptability, scalability, and vendor support. Read more… A Robot for Healthier, Happier Aging.

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RCM Healthcare IT EHR Leadership 117

Healthcare IT Today

FEBRUARY 21, 2024

Joseph’s , recently sat down with Healthcare IT Today to discuss the revenue cycle management (RCM) improvements her team has made. Efficient RCM Processes are Critical Dr. Kushner has a passion for RCM.

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RCM Healthcare IT Leadership Health IT 70

Healthcare IT Today

FEBRUARY 23, 2024

RCM automation, powered by artificial intelligence, can achieve this – saving considerable time and adding millions of dollars to the bottom line. Healthcare providers need an adaptable and scalable solution to address these issues permanently.

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RCM Leadership Healthcare IT Health IT 70

Healthcare IT Today

SEPTEMBER 29, 2023

However, proper staffing for EHR, revenue cycle management (RCM), and other major health IT system transitions go far beyond IT personnel. In fact, my experience suggests that operational readiness is a key factor for EHR and RCM success. Each phase of a project, from ideation to activation, demands specific skills and insights.

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Healthcare IT Today

JULY 29, 2024

Be sure to check out 3Pillar’s eBook “ The Revenue Cycle Playbook: 7 Opportunities to Modernize the Healthcare Payment Ecosystem ” to hear more of their perspectives on improving RCM. Finally, it wouldn’t be a health IT podcast without some discussion of AI and how AI can be leveraged to make the experience better.

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Healthcare IT Today

OCTOBER 24, 2022

This time we’re diving into revenue cycle management (RCM). We take a look at the challenges that RCM is currently facing and how technology can help. McGruder shares the topics and projects he’s keeping an eye out for. Then, we discuss his expanding risk surface when it comes to security.

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RCM Healthcare IT Leadership Health IT 84

Healthcare IT Today

JANUARY 9, 2023

RSi Chief Executive Officer Brent Rollins remarked on the news, “RSi’s leadership team and Invicta’s leadership team have been acquainted for many years. Along the way, the company has developed clientele that expands beyond healthcare systems and hospitals to include other larger revenue cycle service providers.

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Healthcare IT Today

MARCH 19, 2023

Not surprising RCM is also a popular use case for AI, with 78% of health systems currently using it or evaluating its use. RCM vendor PMMC is working with CAST Imaging to accelerate its migration to the cloud. Interoperability engine Infor Cloverleaf Integration Suite is now available in AWS Marketplace.

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Healthcare IT Today

JANUARY 15, 2024

Hospitals Explore RCM Technologies Across the board, claim rejections are growing by number and amount, which is putting a squeeze on accounts receivable and provider cash flow.

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Healthcare IT Today

OCTOBER 16, 2022

RCM firm Conifer Health added Patti Peets and James Muir to its sales executive leadership team, covering the South-Central Texas Region and West Coast regions, respectively. Care coordination company Quantum Health named John Hallock as chief communications officer.

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HIE RCM Leadership Healthcare IT 102

Healthcare IT Today

OCTOBER 9, 2022

RCM vendor FinThrive introduced automation functionality to its insurance discovery product. Inovalon announced the launch of RCM Intelligence to help practices monitor payment trends and cash flow projections. Analytics software company Advata released Advata Smart AR , an accounts receivable process automation tool.

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Healthcare IT Today

DECEMBER 9, 2023

Read more… CIO Podcast : Teamwork and Leadership. RCM vendor AAPC acquired Semantic Health , maker of inpatient medical auditing software for insurers and hospitals. Read more… A Medical Receptionist Service Can Improve the Patient Experience.

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Healthcare IT Today

DECEMBER 4, 2022

RCM consultancy MDaudit announced three leadership team appointments : Raj Joshi as CISO, Jaenna Babajane as Vice President of Customer Experience, and Nisheet Goenka as VP of Engineering. French cancer center Gustave Roussy Institute chose Synapse Medicine for clinical pharmacy and medication reconciliation services.

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RCM Healthcare IT Leadership EHR 98

Healthcare IT Today

OCTOBER 28, 2024

Another not so sexy, but important part of every EHR is the RCM and billing functionality. That should allow the doctors doing a prescription refill to see if there are other refills they should do at the same time to save them a future message and provide a better patient experience.

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Healthcare IT Today

MAY 11, 2021

This week Colin and I will be participating in the Medical Practice Excellence Pathways Conference that is being hosted virtually by MGMA. While we all look forward to MGMA’s Leaders conference in person in San Diego later this year, the knowledge sharing at the virtual event today was good. In fact, I was impressed by […].

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RCM Healthcare IT Leadership Health IT 52