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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. From the outside it looks one thing, but upon further inspection there are a million tiny little pieces that fit together to create the whole.

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Bonus Features – August 6, 2023 – 83% of hospitals are collecting SDoH data, 46% of hospitals planning to use large language models in the call center, and more

Healthcare IT Today

The report also cited a 50% increase in breaches from 2022 as compared to 2021. Wolters Kluwer and Unbound Medicine released a mobile app that digitizes Lippincott’s Nursing Drug Handbook. EHR and RCM vendor ModMed appointed Denise Ceule as Chief Legal Officer. Value-based care platform Privia Health named David S.

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What Physicians Need to Know about Achieving Optimal Practice Performance in Challenging Times

Healthcare IT Today

In 2021, more than 330,000 healthcare providers left the workforce— 117,000 physicians, 53,295 nurse practitioners, 22,704 physician assistants, 22,032 physical therapists, and 15,578 licensed clinical social workers. The staffing shortage is a challenge practices should expect to continue.

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Bonus Features – April 16, 2023 – Accenture says generative AI could augment 40% of healthcare work, 31% of healthcare workers don’t know what to do if a data breach happens, and more

Healthcare IT Today

The inaugural report on consumer technology software and services from the Consumer Technology Association (the folks who put on CES) named digital therapeutics as the fastest-growing software and services market, with 25% growth from 2021 to 2022 and 19% growth from 2022 to 2023.

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Bonus Features – March 26, 2023 – Epic sees “tremendous potential” for GPT, more than 90% of patients want self-scheduling, and more

Healthcare IT Today

According to Hain, “We’ll use it to help physicians and nurses spend less time at the keyboard and to help them investigate data in more conversational, easy-to-use ways.” from 2021 to 2022. In addition, New Mexico-based primary clinic Satori Healing is implemting eCW EHR and RCM products.

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Bonus Features – January 8, 2023 – Omnibus bill extends telehealth expansion through end of 2024, 60% of solution providers pouring all event marketing money into in-person events, and more

Healthcare IT Today

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. Nursing-centered primary care provider Greater Good Health appointed Carol DeVol to its board of directors.