Healthcare IT Today

JANUARY 12, 2023

a leading provider of Electronic Medical Record (EMR) solutions, today announced the acquisition of Net Health ’s EMR line of home health, hospice, home care, and palliative solutions and RCM services (collectively, “home health and hospice”). Careficient Inc. , This transaction will provide real benefits to both customers and employees.

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Healthcare IT Today

OCTOBER 23, 2023

Revenue Cycle Strategy Elevates in Importance Today, three out of four healthcare leaders expect to increase hiring in revenue cycle to support organizational growth and strategy, the survey indicates. More and more, healthcare leaders are looking to revenue cycle to be part of the solution.

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RCM Patient Experience Medical Billing Medicare 111

BHM Healthcare Solutions

FEBRUARY 6, 2024

Revenue cycle management (RCM) stands as the linchpin that determines the financial vitality of healthcare organizations and payers alike. We will delve into proven strategies tailored specifically for healthcare organizations and payers to streamline and accelerate their revenue cycle.

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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. Provider marketing and advertising agency Unlock Health appointed Kevin Thilborger as Chief Managed Care Officer and Chief Revenue Strategy Officer.

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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.

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Healthcare IT Today

JANUARY 18, 2023

Revenue cycle leaders can use this analysis to understand gaps in care and develop patient-focused investment strategies. 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.

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Healthcare IT Today

FEBRUARY 21, 2024

Joseph’s , recently sat down with Healthcare IT Today to discuss the revenue cycle management (RCM) improvements her team has made. Efficient RCM Processes are Critical Dr. Kushner has a passion for RCM.

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RCM Healthcare IT Leadership Health IT 66

Lloyd Price

SEPTEMBER 17, 2023

The report also finds that providers are prioritizing their IT investments in certain key areas, such as: Revenue cycle management (RCM) : RCM is the process of managing the financial aspects of patient care, from billing and coding to collections and denials. Market Insights & Analysis for Founders & Investors.

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Healthcare IT Today

OCTOBER 28, 2023

One strategy for building this strength is digitizing and streamlining RCM. RCM vendor Alpha II acquired RCxRules , a revenue cycle automation vendor. Remote monitoring and RCM vendor Athelas has merged with Commure , maker of enterprise healthcare software.

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Healthcare IT Today

OCTOBER 19, 2023

LGI Launches its International Diversification Strategy LGI Healthcare Solutions Inc. Hawkins, Executive Vice President of Healthcare Strategy at Boston Software Systems. “We We look forward to working with the LGI team to further reinforce our core capabilities and help drive our next phase of growth.

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RCM EMR Healthcare IT Health IT 111

Healthcare IT Today

JUNE 30, 2022

Linden Capital Partners (“Linden”), a Chicago -based private equity firm focused exclusively on the healthcare industry, today announced that it has signed a definitive agreement to make a majority investment in Aspirion (the “Company”), a leader in technology-enabled healthcare revenue cycle management (“RCM”).

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Healthcare IT Today

MAY 30, 2024

With this context, I believe novel applications of AI in RCM today are less about the technologies themselves and more about how traditional revenue cycle processes must evolve based on a technology-first mindset.

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Healthcare IT Today

DECEMBER 24, 2022

Two-thirds of health systems use AI for at least some RCM tasks. Helen Lamons at Advata pointed out that denials management is one of the most mature use cases for AI in RCM – and when used effectively it can help organizations improve collections with limited impact on billing staff.

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Healthcare IT Today

AUGUST 27, 2023

More than one-third of the 321 participating health system executives are planning to automate two or more RCM or finance functions in 2024 a recent survey by Healthcare Financial Management Association (HFMA) and Eliciting Insights reports. Tapping has been added to the advisory board of Vive Collective, a new investment platform.

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Healthcare IT Today

DECEMBER 9, 2023

Read more… How Digital Health Attracts Software Engineers: Strategies. Bonus Features for December 3, 2023: Only 40% of orgs say EHRs help manage burnout; meanwhile, cost optimization is top strategy for 70% of payers.

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Healthcare IT Today

SEPTEMBER 2, 2023

Read more… Finding Balance in Patient-Centric RCM. An effective RCM strategy, then, should incorporate elements of omnichannel communication, patient journey mapping, easy payment options – and sympathy for patients who may face expensive bills.

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Healthcare IT Today

JULY 25, 2023

-based Electronic Medical Records (EMR), Practice Management (PM), and Revenue Cycle Management (RCM) assets for approximately US$6.3 Karen Adams, CEO at CloudMD, commented, “We continue to successfully execute our strategy of focusing on our higher growth and margin businesses while surfacing value from non-core assets in our portfolio.

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EMR RCM Leadership Healthcare IT 52

Healthcare IT Today

DECEMBER 16, 2023

At the company’s User Group Meeting, Colin Hung discussed initial reactions to NextGen’s ambient clinical voice solution with Chief Growth & Strategy Officer Sri Velamoor. Read more… Early Feedback on NextGen’s Ambient Assist. ” Read more… The Link Between Radiology and the Quadruple Aim.

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Healthcare IT Today

APRIL 30, 2023

Budgets for edge computing go into four buckets – strategy, networks, security, and applications – and healthcare is putting nearly one-third of its edge computing spending into networks. RCM vendor medaptus is collaborating with Fresenius Kabi to offer hospitals financial reimbursement software for infusion services.

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Medicare RCM Healthcare Cybersecurity Healthcare IT 101

Healthcare IT Today

NOVEMBER 12, 2023

Sales Ohio-based Fisher-Titus chose RevSpring for RCM and payment processing. Clinical NLP software vendor emtelligent named Andrew Walker as Executive Vice President of Customer Strategy and Operations. Since implementation, the rural system has reduced days to payment by more than three days and reduced no-show rates nearly 3%.

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Healthcare IT News - Telehealth

OCTOBER 20, 2020

Others also noted that they wanted to improve integration, infrastructure and security with regard to their telehealth strategy. They said they were looking for ways to increase the efficiency of RCM processes and workflows. " Healthcare leaders also pointed to revenue cycle management as an area in need of disruption.

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Healthcare IT Today

JANUARY 9, 2023

.” RSi, headquartered in Columbia, South Carolina , made M&A headlines in 2019 when WestView Capital Partners announced it was financing RSi’s aggressive growth strategy. For more information, visit www.rsircm.com.

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Healthcare IT Today

JANUARY 13, 2024

Our experts agreed that interoperability isn’t a goal unto itself but will continue to support efforts to provide clinicians with context at the point of care and make it easier for organizations to advance their cloud strategies. Read more… 2024 Health IT Predictions : AI in Pharma. million in funding.

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Healthcare IT Today

OCTOBER 6, 2023

Recent research reveals that the allocation of investments across overall strategy and planning, network, application, and security for the anticipated use cases that organizations plan to implement within three years is almost equally distributed. As healthcare embraces edge computing, one area that’s examined is expense allocation.

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Healthcare IT Today

JANUARY 10, 2024

This frees up staff to focus on more complex and strategic aspects of RCM. Looking to 2024, automation will remain another valuable strategy to address shortage-related issues by digitizing manual tasks and streamlining workflows. Developing a competitive workforce strategy remains critical to attract and maintain top talent.

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Healthcare IT Today

APRIL 8, 2024

Next, we discuss how interoperability influences the hospital’s strategies and operations. How does interoperability influence South Shore Hospital’s strategies and operations? Talk about the decision to work with Secure Exchange Solutions for clinical exchange services.

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Healthcare IT Today

JANUARY 2, 2023

Proven Strategies to Elevate your NIST Framework Implementation. The Role of Digital Care Journeys in a Health System’s Digital Front Door Strategy. Healthcare’s Perfect Storm: Five Cost-Saving Strategies. AI and Automation in RCM is All About Balance. 4 Reasons Why 5G and Healthcare Make Sense.

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Healthcare IT Today

FEBRUARY 27, 2023

Director of Clinical Strategy at Bluesight AI is helping automate workflows and healthcare in general, especially in areas like drug diversion monitoring and prevention. The problem is that typical growth strategies using manual processes can improve top-line growth — but require additional staff and investments in ORs.

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Healthcare IT Today

AUGUST 31, 2023

Laxmi Patel, Chief Strategy Officer at Savista said “One of the things we’re looking at at Savista is related to data analysis and integration of those trends into our outcomes. ” “What AI helps us do is review every patient chart, so then we have the ability to give our clients the best solution for their teams.

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Healthcare IT Today

JANUARY 19, 2024

As healthcare leaders continuously seek strategies to differentiate their services, we’ll likely see a substantial increase in the integration of generative AI into healthcare administration and service delivery in 2024. This applies to the entire RCM ecosystem including reducing administrative burdens and producing cleaner claims.

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Health IT RCM Healthcare IT Interoperability 115

Healthcare IT Today

JANUARY 8, 2023

The first quarterly Healthcare IT Market Report from Pivot Point Consulting hinted at a continued need for providers to develop long-term strategies around virtual care, customer relationship management, and RCM optimization. Partnerships.

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Healthcare IT Today

OCTOBER 6, 2023

Consolidation strategies seem to make a lot of sense in the current marketplace given elevated customer focus on near-term ROI and streamlining vendors. Also, organic cross-selling strategies seem to be working as well. What can digital health point solutions do to improve their chances of success (e.g., pursuing M&A?)?

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Healthcare IT Today

JANUARY 15, 2023

Cybersecurity platform Irdeto is working with Prognoix to develop a security strategy for the company’s digital medicine tools that target stigmatized medical conditions. EHR, RCM, and practice management vendor ModMed appointed Jody Beaverson as Chief People Officer. DrFirst promoted G.

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HIStalk Interviews

JUNE 12, 2019

I’ve seen in the past 10 years the ebbs and flows of that strategy of going after physician practices and becoming employed versus affiliated. Usually those are part of a system of trying to identify CPT codes or ICD codes in order to get paid through a billing RCM model. But having that strategy beforehand is important.

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Healthcare IT Today

FEBRUARY 2, 2024

Although the initial phase might increase administrative tasks due to new technology adaptation and error rectifications, effective communication and adept change management strategies are key to mitigating these challenges.

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Medical Billing RCM Healthcare IT Health IT 66

Healthcare IT Today

JUNE 6, 2023

By implementing effective revenue integrity strategies, your organization can improve your financial performance, optimize resource utilization, and provide high-quality care to your patients. It also involves monitoring and analyzing key performance metrics to identify areas for improvement and reduce revenue leakage.

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Leadership RCM Healthcare IT Health IT 54

HIStalk Weekender

MAY 3, 2019

I also am on board with you as it pertains to Cerner’s terrible attempts at RCM. That is what many of us though when Cerner bought Siemens, that Soarian financials would be the go-forward strategy. In short the assumption that every community hospital will end up being owned by Epic or Cerner running systems isn’t set in stone.

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