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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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The Evolving Challenge of RCM and Keys to Successful RCM with Compass Health Systems

Healthcare IT Today

One of the important ones is that effective RCM (Revenue Cycle Management) is essential to running a successful medical practice. The challenges and importance of RCM have never been greater. Payers are continuing to take advantage of healthcare organizations with poor RCM. Medical practices with great RCM are thriving.

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Lack of A Dedicated Revenue Cycle Management (RCM) Software = Loss of Revenue

Electronic Health Reporter

What is a Revenue Cycle Management (RCM) Software? RCM software links various administrative and clinical components together with claims processing, payments, and revenue generation. Every quality Healthcare Information system has a dedicated RCM module built […].

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Knack Global Acquires Anesthesia RCM Leader, Merrick Management, Inc.

Healthcare IT Today

Knack Global (Knack) , an industry-leading provider of tech-enabled, end-to-end revenue cycle management (RCM) solutions, is pleased to announce its acquisition of Merrick Management, Inc. These leaders have each been with the Company for over 22 years and have extraordinary knowledge and experience in the anesthesia RCM market.

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TowerBrook, CD&R take health tech company R1 RCM private in $8.9B deal

FierceHealthIT

R1 RCM, a company that provides revenue cycle and billing services to hospitals, will be acquired for $8.9 R1 RCM, a company that provides revenue cycle and billing services to hospitals, will be acquired for $8.9 billion and taken private. | billion and taken private.

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R1 RCM to Acquire Acclara

Healthcare IT Today

Acquisition of Providence’s Current Modular Services Business Accompanied by 10-Year Agreement to Provide Comprehensive Revenue Cycle Management Services R1 RCM Inc. (R1) health systems. Morgan acted as financial advisors to R1, and Perkins Coie LLP, Kirkland & Ellis LLP, and Baker Donelson acted as legal counsel.

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AI and Automation in RCM is All About Balance

Healthcare IT Today

The team at CorroHealth is emphasizing a balanced approach to improving Revenue Cycle Management (RCM) – one that blends AI, automation, and people. The company’s leaders believe that healthcare organizations should set themselves a goal of streamlining and augmenting the current processes, especially in light of the hiring challenges.

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