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RCM: Fixing the Old and Adjusting to the New

Healthcare IT Today

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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Bonus Features – December 10, 2023 – 84% of physicians still use manual processes to manage care transitions, 70% of executives prefer managed services for RCM, plus 26 more stories

Healthcare IT Today

Nearly all (95%) of healthcare executives are interested in end-to-end managed services to solve RCM challenges, according to a survey from Ensemble Health Partners. An analysis from Brooks Rehabilitation found that Connecticut has the highest fall treatment costs , at nearly $13,000, due in part to a scarcity of physicians.

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Weekly Roundup – May 4, 2024

Healthcare IT Today

Read more… Cybersecurity, AI, and the Future of RCM. Colin Hung interviewed Michael Quinn at Inovalon about why humans remain key to RCM even as automation takes hold. In part two, Andy dove into how analysis of biomarkers can influence treatment plans and provide personalized, holistic recommendations.

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Bonus Features – January 14, 2024 – Epic Research shows telehealth results in more follow-up visits that in-office care, Elevance Health to offer smartphones to qualified Medicaid beneficiaries, plus 21 more stories

Healthcare IT Today

News and Studies Follow-up rates for telehealth and in-office visits have remained consistent since 2020 , according to analysis from Epic Research. GLP-1 agonists have overtaken insulin in total prescriptions and cost among commercially insured patients , according to an analysis from Cedar Gate Technologies.

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Bonus Features – February 11, 2024 – HTI-1 final rule goes into effect March 11, Best in KLAS highlights 136 products in 8 categories, plus 28 more stories

Healthcare IT Today

The Global Software report recognized regional leaders in acute care EHR and PACS. The latest analysis from Epic Research found most GLP-1 medications are correlated with lower likelihood of anxiety and depression , which are common side effects of the GLP-1 Wegovy (semaglutide). For the U.S.

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Bonus Features – January 7, 2024 – New executives at CitiusTech, MultiPlan, and NextGen, plus 15 other stories

Healthcare IT Today

Bloomlife and PeriGen are partnering to improve access to monitoring and data analysis for of high-risk pregnancies. New England Orthopedic Surgeons (NEOS) is implementing athenaOne EHR, RCM, and patient engagement functionality. Data platform Arcadia has joined the Atropos Evidence Network of evidence-generating applications.

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Bain & Company - KLAS Research 2023 HealthTech Report: Key Points for Providers, Vendors & Investors

Lloyd Price

The report also finds that providers are prioritizing their IT investments in certain key areas, such as: Revenue cycle management (RCM) : RCM is the process of managing the financial aspects of patient care, from billing and coding to collections and denials. Market Insights & Analysis for Founders & Investors.

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