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 109
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. Plus, as has been done with the EHR maturity models, the revenue cycle technology adoption model can be used to create a goal that a team can coalesce around.

RCM 76
Insiders

Sign Up for our Newsletter

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

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

Bonus Features – December 24 , 2023 – 74% of orgs automating RCM operations, per-physician revenue exceeding expenses at U.S. hospitals, plus 19 more stories

Healthcare IT Today

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. GI care platform Ayble Health is integrating with Commure Engage to make Ayble referrals available through EHRs. Eastern Kentucky’s St.

RCM 90
article thumbnail

Bonus Features – July 2, 2023 – Nuance and Epic integrate, 5 in 6 physicians say telemedicine improves continuity of care, news from HFMA, and more

Healthcare IT Today

A Waystar and HFMA survey found that 80% of healthcare finance leaders see a need for denials management process improvement. Medical device risk management platform Asimily is integrating with HANDLE Global ‘s Capital Cycle Management product. Community Health Northwest Florida implemented eClinicalWorks EHR.

article thumbnail

Bonus Features – July 10, 2022 – Sequoia Project releases TECFA identity verification documentation, IBM Watson Health is now Merative, and more

Healthcare IT Today

At the HFMA conference, revenue cycle management vendor R1 shared data from a survey of more than 200 healthcare CFOs and finance VPs. Greenway Health has launched a service called Greenway Medical Coding for its EHR clients to help relieve the administrative burden of coding and receive payments faster.

RCM 83
article thumbnail

What are the future applications of Robotic Process Automation in Healthcare?

Lloyd Price

RPA can be used in various industries, such as finance, healthcare, manufacturing, and retail, among others. Patient onboarding: RPA can automate the process of patient onboarding by extracting data from patient records, verifying insurance eligibility, and inputting patient information into electronic health records (EHRs).