Healthcare IT Today

SEPTEMBER 16, 2024

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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Healthcare IT Today

JANUARY 8, 2025

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.

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Healthcare IT Today

AUGUST 5, 2024

AI for Revenue Cycle Management (RCM) is hot topic right now. Are we heading for a day when RCM will be completely automated? Watch as Michael Quinn answers these tough RCM-related questions: AI is the hottest technology at the moment. But has AI made any meaningful improvement to the RCM process? It is EVERYWHERE.

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Healthcare IT Today

JANUARY 6, 2022

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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Healthcare IT Today

MARCH 3, 2025

Navaneeth Nair, its Chief Product Officer, views AI refinement as a life cycle in which humans constantly monitor and evaluate its results, giving AI feedback so that it keeps up with the evolution of RCM. The life cycle approach builds trust in AI and improves the RCM outcomes for their customers.

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Healthcare IT Today

DECEMBER 29, 2023

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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Corp Advisory Solutions

FEBRUARY 23, 2021

The post CAS CLOSES IT’S FIRST RCM TRANSACTION OF 2021 appeared first on Corporate Advisory Solutions.

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Healthcare IT Today

FEBRUARY 12, 2025

Acquisition Significantly Expands Knack RCM’s Fulfillment Capabilities in the Philippines Knack RCM , a leader in tech-enabled, end-to-end, and customizable revenue cycle management (RCM) services, today announced the acquisition of HealthyBOS, a distinguished U.S.

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Healthcare IT Today

APRIL 15, 2022

To fill the gap, they must adopt RCM technology and learn to partner with service providers. Staffing continues to be the most significant challenge facing healthcare in 2022 – not just on the frontlines but in the back-office too. Small physician practices are finding it especially difficult to compete for skilled revenue cycle talent.

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FierceHealthIT

MAY 5, 2021

R1 RCM to buy digital payment solutions company VisitPay for $300M. Wed, 05/05/2021 - 12:24.

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FierceHealthIT

OCTOBER 6, 2021

Cerner unveils RevElate Patient Accounting platform to unify its RCM offerings. Wed, 10/06/2021 - 11:29.

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Electronic Health Reporter

SEPTEMBER 17, 2024

Various forms of automation have long been present within healthcare revenue cycle management (RCM).

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Healthcare IT Today

JUNE 27, 2023

So with all of these incredible innovations, let’s take a moment to narrow our field down to Revenue Cycle Management (RCM). How can we be using technology to optimize RCM? And even more specifically, what role can data analytics and AI play in optimizing RCM? We would love to hear from all of you as well!

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Healthcare IT Today

SEPTEMBER 17, 2024

With this acquisition, EnableComp adds ANI’s denial management expertise to its comprehensive solution suite and further expands the proficiency of the E360 RCM intelligent automation platform.

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FierceHealthIT

JANUARY 10, 2022

JPM 2022: R1 RCM picks up AI software firm Cloudmed in $4.1B all-stock deal. Mon, 01/10/2022 - 10:48.

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Electronic Health Reporter

JUNE 28, 2023

AGS Health, a leading provider of tech-enabled revenue cycle management (RCM) solutions and strategic growth partner to healthcare providers across the U.S.,

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Healthcare IT Today

JUNE 29, 2023

Revenue Cycle Management (RCM) is like a one of those huge Lego sculptures. Having a well executed RCM strategy is crucial to keep your organization running because it impacts everything. From the outside it looks one thing, but upon further inspection there are a million tiny little pieces that fit together to create the whole.

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Electronic Health Reporter

NOVEMBER 14, 2022

The article RCM and Coding May Help Close Health Equity Gap appeared first on electronichealthreporter.com. Health equity is a focus of providers, regulatory agencies, and payers as they seek ways to eliminate care disparities across race and ethnicity, gender, sexual orientation, and socioeconomic […].

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Healthcare IT Today

MAY 1, 2024

Revenue Cycle Management (RCM) is hot topic right now due to the cybersecurity incident at Change Healthcare. Hear honest answers to tough questions related to that incident and how AI will impact RCM. Watch as Michael Quinn answers these three tough RCM-related questions: AI is the hottest technology at the moment.

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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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Healthcare IT Today

MAY 13, 2022

Med-Metrix, LLC (“Med-Metrix”, or the “Company”), a leading provider of technology-enabled, Revenue Cycle Management (“RCM”) solutions, backed by A&M Capital Partners (“AMCP”), announced it has acquired PatientPal, Inc. (“PatientPal”).

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Healthcare IT Today

FEBRUARY 3, 2025

By addressing common Urgent Care challengesranging from provider burnout to revenue cycle management (RCM) issuesAI can revolutionize Urgent Care operations. Optimizing Revenue Cycle Management (RCM) AI can streamline RCM by automating claims submissions and handling denial management with incredible speed and accuracy.

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FierceHealthIT

JANUARY 9, 2022

JPM, Day 1: Teladoc 2021 revenue to hit $2B, R1 RCM picks up Cloudmed in deal valued at $4.1B Sun, 01/09/2022 - 16:35.

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Healthcare IT Today

MARCH 30, 2023

Enhanced Healthcare Partners (EHP) , a leading private equity firm specializing in transformative, middle-market healthcare businesses, announced today a strategic growth investment in Janus , a leading provider of healthcare revenue cycle management (RCM) technology.

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Healthcare IT Today

AUGUST 16, 2024

At the past HFMA Conference, we reached out to our brilliant Healthcare IT Today Community to ask them two questions about change: What change in RCM (besides AI) is happening now that everyone should be watching and why? & What Change in RCM (Besides AI) is Happening Now that Everyone Should be Watching and Why?

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Healthcare IT Today

AUGUST 15, 2023

After conducting in-depth research with health system finance leaders across the country, FinThrive realized there was a significant market need for an adoption model that could show the impact of technology on RCM. Get a free assessment that leverages FinThrive’s revenue management technology adoption model framework.

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Healthcare IT Today

NOVEMBER 8, 2024

The Company’s innovative solution for revenue cycle management (RCM) takes provider notes within patient charts and translates them into accurate diagnostic and billing charge codes, all within a matter of seconds and with zero human intervention.

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Healthcare IT Today

MARCH 27, 2024

Many factors make revenue cycle management (RCM) a big headache for U.S. Infinx (pronounced “in-fin-ex”) works currently with more than 4,000 providers, applying machine learning to automate RCM. We all know that the future of RCM is going to be around AI and automation. health care providers.

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Healthcare IT Today

OCTOBER 9, 2024

AGS Health is using an AI-powered system to streamline revenue cycle management (RCM) processes and increase efficiency. AGS Health calls their AI system, the Intelligent RCM Engine. The Intelligent RCM Engine chatbot offers personalized guidance on claim denials and next steps to staff – reducing errors and improving outcomes.

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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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Electronic Health Reporter

OCTOBER 23, 2024

This article is copyrighted strictly for Electronic Health Reporter. Illegal copying is prohibited.

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Healthcare IT News - Telehealth

MAY 12, 2021

"These numbers are not surprising, as RCM is still relatively new," said Kristin Stitt, chief clinical officer at Vector, in a statement. That said, RCM technology is still maturing. The report also flagged a potential mismatch between the administrative burden of RCM on staff and the awareness of said burden on physicians.

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Lloyd Price

AUGUST 19, 2024

RCM software helps hospitals, doctors and other healthcare groups bill for services and collect payments. Private equity play One major tailwind that provides RCM companies with a large and growing addressable market is the aging of the American population, adds Siano. In April, Model N agreed to a USD 1.28

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Healthcare IT Today

NOVEMBER 9, 2024

Read more… Balancing AI and Humans in RCM to Produce Clear ROI. Navaneeth Nair and Lora Pada at Infinx talked to John about AI’s role in improving RCM efficiency and reimbursement rates , along with finding a good balance between automation and human expertise.

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Healthcare IT Today

NOVEMBER 24, 2024

Thoughtful AI launched six specialized AI agents for RCM workflows. Pennsylvania-based Independence Health System chose Ensemble as the RCM provider for four of its facilities. Unite Us updated the Social Needs System framework behind Social Connector , its analytics platform for calculating social risk.

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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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Healthcare IT Today

DECEMBER 7, 2024

Read more… Finding Success With RCM Amid Evolving Challenges. Sandy Washburn at Compass Health Systems joined John to outline how health systems can benefit from eClinicalWorks RCM Consulting Services , especially in addressing challenges such as claims denials.

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