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2022 Predictions for Revenue Cycle Management (RCM)

Healthcare IT Today

As we head into 2022, we asked the Healthcare IT Today community to share some predictions for the new year. Be sure to check out all our Health IT Predictions. I always find it interesting to learn what people think is coming down the road. One of the hottest topics thanks to COVID is associated […].

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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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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

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Weekly Roundup – October 29, 2022

Healthcare IT Today

Read more… A Look at the Fall Health IT Conference Season. Read more… The Benefits of RCM as a Service. Read more… The CIO’s Role in RCM. Funding and M&A Activity: Behavioral health integration technology vendor NeuroFlow secured $25 million in growth capital.

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Turning Increased Ambulatory Volumes into Financial Strength: 4 Moves for RCM

Healthcare IT Today

With outpatient volumes expected to grow 16% over the next decade—and ambulatory volumes projected to rise 25% by 2022—ambulatory providers can’t afford to leave patient financial engagement to chance. But finding the right approach is key.

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Weekly Roundup – December 24, 2022

Healthcare IT Today

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. million.

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Weekly Roundup – October 15, 2022

Healthcare IT Today

John reported from Health Connect Partners Las Vegas, where McMillan offered some sobering reflections on the state of cybersecurity in healthcare: Most hospitals are flying blind, focusing on the wrong threats, and facing a host of emerging challenges. Read more… For Medical Practice Leaders, Revenue and Workforce Are Top of Mind.

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