Remove Medical Billing Remove RCM Remove Trends
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Harnessing AI for Smarter Medical Billing Solutions

Healthcare IT Today

One area that has specifically benefited from AI integration is medical billing. Whether its about reducing human errors or enhancing efficiency, AI-powered tools have already laid a transformative effect on healthcare RCM. This article examines how AI is changing medical billing. And it is just the beginning.

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Should You Keep RCM in House or Leverage RCM As a Service?

Healthcare IT Today

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.

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Billing Staffers Look for Better Reporting Functionality from Medical Billing Software

Healthcare IT Today

A new survey looking at billing trends found that respondents hope to see better reporting functionality from their medical billing software.

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

Healthcare IT Today

The ideal partner will demonstrate an upward trend in cash collections over time while protecting the patient’s financial experience, knowing how important both aspects are in protecting your organization’s ability to provide high-quality care and service. That’s one reason why self-service options for account management are critical.

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Bonus Features – April 2, 2023 – 63% of nurses say AI will cause a generational divide among nursing staff, 67% of consumers prefer electronic medical bills but 78% of providers still use paper, and more

Healthcare IT Today

InstaMed’s latest Trends in Healthcare Payments report noted a stark divide in how healthcare consumers prefer to be paid vs. how physicians bill them. Two-thirds of consumers prefer digital and electronic payment options, while 78% of providers collect payments primarily with paper processes.

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Improving Patient Financial Engagement: A Tech-Driven Approach

Healthcare IT Today

The following is a guest article by Richard O’Rourke, Senior Vice President of Sales and Client Relations at Nordis Technologies In a landscape where patients are responsible for an ever-growing share of healthcare costs, traditional billing practices are falling short as consumers fall farther behind on their payments.

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Community Hospitals Are Severely Challenged Financially, It’s Time for a Payment Rx

Healthcare IT Today

Low performers must reverse this trend if they are to reinvest in their ability to provide community care, leaders note. But a closer look at the numbers shows the gap between high performers and low performers is widening.

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