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.

RCM 81

RCM Health Information Healthcare IT Patient Experience 81

Healthcare IT Today

JANUARY 18, 2024

a leading provider of healthcare data and technology solutions announced today the acquisition of Koha Health , a full-service revenue cycle management (RCM) company. About Veradigm Veradigm is a healthcare technology company that drives value through its unique combination of platforms, data, expertise, connectivity, and scale.

RCM 63

RCM Patient Experience EHR healthcare technology 63

Healthcare IT Today

MARCH 12, 2024

A seamless transfer of data in the revenue cycle process results in optimal reimbursement, reduced administrative costs, and fewer surprises for patients. Prioritize Intake for Effective RCM Patient intake is an important part of the revenue cycle process. Ultimately, streamlined data and processes improve the patient experience.

Interoperability 91

Interoperability RCM Patient Experience EHR 91

Healthcare IT Today

SEPTEMBER 1, 2023

I challenge the RCM industry to personalize interactions, when possible, approach patients with sensitivity and empathy, educate and inform them, and resolve issues with a human touch. She utilizes a data-driven approach to align processes, people, and technology to create a positive impact for our colleagues and clients.

RCM 66

RCM Patient Experience Healthcare IT Health IT 66

Healthcare IT Today

JUNE 30, 2022

The upside of adopting technology for RCM can be significant: A drop in DSO (days sales outstanding). One technology in particular is proving to be very effective for RCM improvement – data analytics. Data has been compiling for years and sitting cold and dark for all of that time,” stated Shaw.

RCM 52

RCM Healthcare IT EMR Meaningful Use 52

Healthcare IT Today

JUNE 23, 2023

Systemic Review of RCM Processes The HAHC billing team, under a new manager, collaborated with eClinicalWorks to review and streamline the RCM process. It was very hard to make decisions when the data was that old.” It was very hard to make decisions when the data was that old.”

RCM 52

RCM Healthcare IT Medical Billing EMR 52

Hinduja Global Solutions

FEBRUARY 8, 2021

For better RCM, prioritize people and track with technology. Proper revenue cycle management (RCM) involves careful documentation of the entire patient journey, from pre-registering through payment collection. Although critical, patient and member data isn’t the only information to track.

RCM 52

RCM Leadership Health Information 52

Healthcare IT Today

MAY 26, 2024

Only 43% of hospitals routinely engage in interoperable data exchange , according to the latest ONC data brief. Products Health Catalyst unveiled Health Catalyst Ignite , the next generation of its data and analytics platform. Inpatient data analytics vendor Kontakt.io appointed Michael R.

eCare 105

eCare RCM Healthcare IT Mental health 105

Healthcare IT Today

OCTOBER 23, 2023

Lean into an Evidence-Based Cadence for Communications There is a science to communicating with patients about their financial responsibility for care—one that incorporates data such as the patient’s past history of medical payment, how likely they are to respond to a particular form of communication, like digital versus paper, and how quickly.

RCM 93

RCM Patient Experience Medical Billing Medicare 93

Healthcare IT Today

DECEMBER 10, 2023

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. Partnerships Qualtrics and Epic are partnering to integrate patient experience data into the EHR. More than 70% prefer managed services to in-house operations.

RCM 102

RCM EHR HIE Healthcare IT 102

Healthcare IT Today

JANUARY 28, 2024

About half (49%) of healthcare professionals are likely to invest in new RCM technology in the next 18 months , according to Salucro’s Healthcare Provider Fintech Insights Report. MRO earned the Validated Data Stream designation in the NCQA Data Aggregator Validation program.

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RCM FHIR Healthcare IT Mental health 109

BHM Healthcare Solutions

OCTOBER 3, 2023

In the complex world of healthcare, efficient revenue cycle management (RCM) is the linchpin that ensures a healthcare organization’s financial health. The Significance of Effective RCM For healthcare organizations, mastering revenue cycle management is not merely a matter of administrative efficiency; it’s a financial imperative.

RCM 59

RCM Patient Experience 59

Healthcare IT Today

SEPTEMBER 25, 2023

By leveraging a cloud CCM platform to offer print/mail, email, and text messaging options, providers and RCM leaders can quickly close these gaps to give patients the billing and payment experiences they want. Some platforms enable RCM firms and providers to automate and manage secure opt-in for electronic delivery and return mail processing.

RCM 98

RCM Patient Experience HIPAA healthcare technology 98

Healthcare IT Today

JANUARY 18, 2023

Analyzing conversational data helps identify human coding errors, reduce disruptive billing claim processes, prevent fraud and guide decision-making. AI capabilities can speed through burdensome RCM tasks to help healthcare providers avoid denials, reduce coding errors and improve price transparency for patients. Dawn Crump, Sr.

RCM 111

RCM Medical Billing Healthcare IT Health Information 111

Healthcare IT Today

FEBRUARY 23, 2023

Many healthcare providers find themselves wondering whether a revenue cycle management (RCM) partner would benefit their organizations. Streamline the billing process The right RCM partner will help providers optimize revenue by creating faster, easier processes to identify insurance coverage.

RCM 131

RCM Medical Billing Patient Experience Medicare 131

Healthcare IT Today

DECEMBER 22, 2022

As a business, it makes sense to embrace AI in revenue cycle management (RCM) fully. One of the largest areas with AI-enabled products and functions for RCM is denials management. In healthcare, RCM performance is critical. Advanced technology solutions help improve the revenue cycle by using data to understand common patterns.

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RCM Healthcare IT 97

Healthcare IT Today

JUNE 8, 2023

The following is a guest article by Eric Demers, CEO at Madaket Health The recent CWH Advisors’ 2022 Patient Pay study unearthed some troubling trends in the administration of RCM. 63% of respondents indicated that they were experiencing RCM staffing shortages, contributing to slower revenue cycles and affecting both patients and payers.

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RCM Healthcare IT Health IT 104

Healthcare IT Today

MARCH 24, 2024

A survey from Hakkoda found 92% of healthcare organizations need to modernize their data infrastructure. Products Inovalon launched Converged Solutions to simplify encounter data submissions in support of risk adjustment programs. Arizona-based Integrated Medical Services implemented athenahealth EHR, RCM, and patient engagement tools.

Patient Experience 86

Patient Experience RCM Healthcare IT Medicare 86

Healthcare IT Today

JANUARY 20, 2023

So often in talking about Revenue Cycle Management (RCM) the focus is placed onto the organization. How do we improve RCM? How to can we incorporate digital solutions into RCM? However, that leaves out one huge piece of RCM. So let’s take a moment and focus on the patient’s experience with RCM.

Patient Experience 94

Patient Experience RCM Healthcare IT Leadership 94

Healthcare IT Today

DECEMBER 24, 2023

News and Studies Median hospital margins rose to 2% in November , according to the latest data from Syntellis, and per-physician revenue growth is outpacing per-physician expenses. Partnerships Greenway Health integrated Data Dimensions’ Providerflow platform into its new release, Greenway Document Manager.

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RCM eCare Healthcare IT Mental health 100

Healthcare IT Today

MAY 4, 2024

John Lynn attended the event, which at its core emphasizes the value of data that directly reflects that patient perspective. 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.

RCM 90

RCM Patient Experience Healthcare IT FHIR 90

Healthcare IT Today

APRIL 9, 2023

A study from CWH Advisors and Synchrony found that 63% of providers have RCM staffing shortages , and 61% expect to work with third parties for help. 4medica received HITRUST r2 Certification for its Data Quality Platform. Productivity data vendor CenTrak appointed Andrew Robinson as CEO. as Chief Medical Officer.

RCM 85

RCM HIE Healthcare IT Primary Care 85

BHM Healthcare Solutions

NOVEMBER 22, 2022

Data collection is key. Healthcare now relies on increasingly large amounts of data for maximizing both artificial intelligence (AI) and revenue cycle management (RCM) systems. BHM Healthcare Solutions understands the value of data in getting healthcare organizations to next-gen analytics. Web Data Collection Wiki.

RCM 52

RCM 52

Healthcare IT Today

JUNE 1, 2023

Moreover, the network and platform they have created can solve many of the data sharing issues in healthcare because you connect once to the network and you’re plugged in to the entire network of available data.

Health Data 84

Health Data Healthcare IT RCM Interoperability 84

Healthcare IT Today

JULY 1, 2023

The Arizona city is using GIS data to map which neighborhoods make it possible to meet basic needs in a 20-minute trip on foot, by bicycle, or via mass transit. Read more… RCM: Fixing the Old and Adjusting to the New. Read more… RCM: Fixing the Old and Adjusting to the New.

RCM 92

RCM eHealth Healthcare IT Public Health 92

DrKumo Remote Patient Monitoring

FEBRUARY 11, 2023

The integration of remote care management (RCM) into healthcare delivery is becoming increasingly vital, particularly for patients with chronic conditions or ongoing health issues. RCM utilizes technology to provide healthcare services remotely, outside of traditional in-person visits.

Remote care 40

Remote care RCM Mobile Health EHR 40

Healthcare IT Today

FEBRUARY 23, 2024

RCM automation, powered by artificial intelligence, can achieve this – saving considerable time and adding millions of dollars to the bottom line. Claims are packages of data points. Each data package must meet the specific requirements of the insurance provider. However, computers excel at making sense of data.

RCM 66

RCM Leadership Healthcare IT Health IT 66

Healthcare IT Today

OCTOBER 30, 2023

By adding Corridor to its portfolio, WellSky will expand its medical coding and revenue cycle management (RCM) offerings to help care providers increase efficiency and improve performance across clinical, financial, operational, and compliance areas.

RCM 99

RCM Leadership Interoperability EHR 99

Healthcare IT Today

DECEMBER 30, 2023

Andy took a deep dive into LexisNexis Health Equity and Inclusion Insights , which takes steps to provide more granular data by drawing on non-traditional data sources and evaluating data in the context of a patient’s environment. Read more… Taking Social Determinants of Health to New Heights.

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RCM Life Science Mental health Healthcare IT 68

Healthcare IT Today

JUNE 24, 2023

Read more… One Health System’s Roller Coaster Journey to Improved RCM. That turned out to be a blessing in disguise, interim CEO and CMO Dr. Brian Stratta, told Colin Hung, as it required reviewing and streamlining the RCM process, which cut claims denial from 45% to 17% and made real-time RCM reports possible.

RCM 97

RCM eHealth Healthcare IT FHIR 97

Healthcare IT Today

NOVEMBER 4, 2023

Answers include infrastructure management, resource utilization, data management, data protection, and security and compliance monitoring. Read more… Overcoming Obstacles to Healthcare Training Data Accuracy. AI models need to be trained on high-quality data. John Lynn talked to Mark Christensen at Xelex.ai

RCM 95

RCM EMR Mental health Healthcare IT 95

Healthcare IT Today

OCTOBER 16, 2022

Researchers at MIT have found that de-identified patient data runs an extremely low risk of being re-identified in the event of a data breach. Study authors concluded that that the potential risk to patient privacy in sharing de-identified data is greatly outweighed by the gains for patients through medical research.

HIE 87

HIE RCM Leadership Healthcare IT 87

Healthcare IT Today

MARCH 16, 2024

Read more… Unlocking the Power of Interop for More Effective RCM. Colin connected with Juli Forde Smith at ZOLL Data Systems and Erica Gregory at Netsmart to discuss how prioritizing patient intake leads to better RCM – and how APIs streamline the process of sharing financial data.

RCM 107

RCM Healthcare IT Patient Experience EHR 107

Healthcare IT Today

MAY 5, 2024

Partnerships Data vendor Veradigm is partnering with MedEvolve to make the company’s Effective Intelligence workforce automation and analytics solutions available to Veradigm clients. Integrated provider, pharmacy, and medical equipment supplier American Medical Administrators is implementing eClinicalWorks EHR and RCM.

RCM 103

RCM Healthcare IT Primary Care Interoperability 103

Healthcare IT Today

OCTOBER 28, 2023

Generally speaking, HIPAA applies if AI takes data from medical records and processes it to provide decision support , though of course there’s more to consider as well. Read more… Secure Data Archiving Is Critical to Fortifying Your Technology Stack. Sriram Rajagopalan at Inflectra.

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RCM Mental health Nursing HIPAA 95

Healthcare IT Today

JANUARY 21, 2023

Read more… The Role of Innovation and AI in RCM. Read more… Seeing How Patients Experience RCM. John also asked the experts what RCM looks like to patients. Read more… A New Look at Data Management and Data Sharing. Read more… A New Look at Data Management and Data Sharing.

RCM 92

RCM eCare EHR Interoperability 92

Healthcare IT Today

OCTOBER 31, 2023

Enhances Revenue Cycle Services Market Leadership with Patient Engagement Services and Technology Capabilities Today, Access Healthcare , a global leader in revenue cycle management (RCM) and healthcare services, announced the acquisition of Envera Health , a market leader in patient engagement services.

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RCM Patient Experience Medical Billing Leadership 98