Remove finance-revenue-cycle
article thumbnail

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

Healthcare IT Today

An adoption model methodology is nothing new in the healthcare industry. 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.

RCM 85
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 106
Insiders

Sign Up for our Newsletter

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

article thumbnail

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

Health Populi

At the industry level, Sahni’s team calculated a potential $105 bn of savings each year by streamlining the financial transactions ecosystem and operational functions like clinical credentialing. Administrative spending comprise 25% of the $3.8 trillion of health care spending in 2019; medical spending received 75% of the U.S.

article thumbnail

Revenue Cycle Management Company RSi Announces Acquisition of Invicta Health Solutions

Healthcare IT Today

RSi, LLC , a leading national provider of revenue cycle services for the hospital and large physician practice market, has announced its acquisition of Invicta Health Solutions, LLC (Invicta). RSi is a leading provider of revenue cycle services to the hospital and large physician practice market. ” About RSi.

RCM 59
article thumbnail

Capital One Serves as Joint Lead Arranger on $2.3 Billion Financing for R1 RCM

Healthcare IT Today

Capital One Commercial Bank , a full-service bank with middle market specialization in many industries, including over 40 healthcare sub-sectors, announced today it served as a joint lead arranger for an amended and restated credit facility for R1 RCM. R1 RCM used the facility, which increased its borrowing capacity from $1.2 billion to $2.3

RCM 59
article thumbnail

Revenue and Workforce Challenges Top of Mind at #MPE22

Healthcare IT Today

Two topics were top of mind for attendees at MGMA’s 2022 Medical Practice Excellence: Leaders Conference (#MPE22) – workforce challenges and revenue pressure. The consensus at #MPE22 was that there were no short-term solutions and that revenue both revenue and workforce challenges would continue deep into 2023. No Silver Bullet.

Nursing 112
article thumbnail

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

Health Populi

to reveal trends on health care providers’ ability to collect patient service revenue. So, patients-as-payers and health consumers told AKASA, which is in the business of revenue cycle management, that quality and choice were worth a premium or enhanced charge on their medical bill.

Nursing 170