Remove finance-revenue-cycle
article thumbnail

CodaMetrix Announces $40M Series B Financing to Advance Medical Coding Quality and Clinically Enrich Claims Data Through AI

Healthcare IT Today

CodaMetrix , the leading artificial intelligence (AI) solution for transforming healthcare and revenue cycle management, today announced that it has closed its $40 million Series B funding round. Medical coding is one of the most time-consuming, understaffed, and inherently error-prone parts of the health system revenue cycle.

EHR 114
article thumbnail

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) The addition of Acclara strengthens R1’s value proposition as the trusted partner of choice in comprehensive revenue cycle management. health systems.

RCM 104
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Moving the Industry Forward with First-Of-Its-Kind RCM Technology Adoption Model for Healthcare Finance Leaders

Healthcare IT Today

What the market had been lacking, however, is a tried-and-true framework that could address the revenue cycle management needs of healthcare finance leaders. Their vision is for healthcare organizations to improve revenue cycle management efficiencies in the same way EHRs over the past 15 years have improved clinical processes.

RCM 83
article thumbnail

“Complexity is Profitable” in U.S. Healthcare – How to Save a Quarter-Trillion Dollars

Health Populi

Sahni and colleagues published the data-details in an article published by McKinsey & Company , the top-line of which appears in the first graphic from the publication. This diagram from the McKinsey study organizes data from a project with which I’d been long affiliated, the CAQH Index of electronic adoption of claims transactions.

article thumbnail

Change Healthcare Facing Cyber Challenges

David Chou

Change Healthcare announced they were facing enterprise-wide connectivity issues and are actively isolating and troubleshooting the problem as of Feb 21, 2024 - 05:05 EST. Change Healthcare informed athenahealth, one of its customers, that their electronic data exchange was experiencing connectivity issues this morning.

59
article thumbnail

CodaMetrix Closes $55M Series A to Autonomously Power Medical Coding, Boost Health System Revenue Cycles

Healthcare IT Today

CodaMetrix’s innovations in AI technologies and the experienced team of healthtech executives are a couple of key factors that went into our decision to partner with the company to systematically improve the way our health system accounts for patient care in both billing and clinical cycles”, said Chris Scoggins.

article thumbnail

The Patient As the Payer: Self-Pay, Bad Debt, and the Erosion of Hospital Finances

Health Populi

Crowe benchmarked data from 1,600 hospitals and over 100,00 physicians in the U.S. to reveal trends on health care providers’ ability to collect patient service revenue. The post The Patient As the Payer: Self-Pay, Bad Debt, and the Erosion of Hospital Finances appeared first on HealthPopuli.com.

Nursing 170