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Healthcare Revenue Cycle Management – 2025 Health IT Predictions

Healthcare IT Today

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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Harnessing AI to Transform Urgent Care Centers: Improving Efficiency, Morale, and Profitability

Healthcare IT Today

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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Technology & RCM & AI, Oh My!

Healthcare IT Today

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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Bonus Features – November 24, 2024 – Only 16% of patients prefer online pharmacies, medical coding denials up 125% in the last year, plus 27 other stories

Healthcare IT Today

This article will be a weekly roundup of interesting stories, product announcements, new hires, partnerships, research studies, awards, sales, and more. Studies Medical coding denials are up 125% compared to last year , according to a report from MDaudit. Thoughtful AI launched six specialized AI agents for RCM workflows.

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Cofactor AI Launches Platform to Help Hospitals Fight Tidal Wave of Claims Denials and Announces $4 Million Seed Round

Healthcare IT Today

Using its proprietary medical-native foundation model, Cofactor AI reviews clinical evidence, coding guidelines, standard of care guidelines, and peer-reviewed studies, and identifies discrepancies between claims, medical documentation, payer policies, and facility contracts.

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The Health and Cost Impacts of Transporting Patients to Their Appointments

Healthcare IT Today

A recent study on the health care system estimated $150 billion is wasted each year because patients cant get transportation to their preventative care appointments. One study showed that missed appointments is costing the healthcare system more than $150 Billion a year in the US. NEMT can help with this problem.

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What Trend in RCM Are You Keeping Your Eye on Right Now and Why?

Healthcare IT Today

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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