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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. These models require providers to eliminate: Fragmented care that drives up costs. The key lies in optimization.

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Bonus Features – April 9, 2023 – 63% of RCM departments face staffing shortages, small Stanford study shows 90% of GPT answers in clinical setting are “generally safe,” and more

Healthcare IT Today

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. Awards Western New York HIE HealtheLINK was named one of the Phase 2 winners of Building Bridges to Better Health , a primary care challenge sponsored by HRSA.

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Revenue Cycle Management – #HITsm Chat Topic

Healthcare IT Today

Given this event, I thought it would be fun to extend the conversation from the conference and talk about RCM (Revenue Cycle Management) on this week’s chat. T5: Who are some of your favorite companies in the RCM space? 7/8 – Technology and Advanced, Team-based Primary Care. HITsm #HFMAAnnual.

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Bonus Features – November 5, 2023 – Only 24% of healthcare organizations have successfully disrupted ransomware attacks, 83% of healthcare leaders say AI is or will be an essential skill, plus 20 more

Healthcare IT Today

Although 90% of health systems face turnover rates of greater than 10% for roles in RCM and patient experience, only 25% of executives are looking at AI or workflow improvements to improve efficiency , an Experian Health survey found. RCM and price transparency company Rivet appointed Erick Sunarto as Vice President of Technology.

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Weekly Roundup – October 29, 2022

Healthcare IT Today

Read more… The Benefits of RCM as a Service. At the recent eClinicalWorks National Conference, John spoke to Todd Mallon of Advocare about the health system’s transition from in-house revenue cycle management to RCM as a service , due in part to staffing issues. Read more… The CIO’s Role in RCM.

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Bonus Features – October 9, 2022 – Optum completes Change Healthcare acquisition, interest in flu shots is declining, and more

Healthcare IT Today

The grant, awarded by the Agency for Healthcare Research and Quality, comes weeks after the research team published a study in njp Digital Medicine indicating that increased telehealth access during COVID-19 did not result in increased, unnecessary access to primary care.

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Bonus Features – May 5, 2024 – Kaiser Permanente taps Innovaccer (and former CTO) for AI, report finds security flaws in Merge DICOM Toolkit, plus 18 more stories

Healthcare IT Today

Integrated provider, pharmacy, and medical equipment supplier American Medical Administrators is implementing eClinicalWorks EHR and RCM. Virtual primary care vendor LifeMD entered a strategic partnership with Withings to provide remote monitoring devices for its GLP-1 weight-loss patients.

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