Remove 2022 Remove Healthcare IT Remove Patient Experience Remove RCM
article thumbnail

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. When things are simple and easy to pay for, patients are happy, the staff is happy, and you are most definitely happy.

RCM 92
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

RCM 59
Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

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

Healthcare IT Today

They must also think carefully about what it takes to deliver an outstanding patient experience—including digitally—in a post-COVID world, where consumers expect digital access and support at each stage of their care journey. But finding the right approach is key.

RCM 89
article thumbnail

Bonus Features – July 10, 2022 – Sequoia Project releases TECFA identity verification documentation, IBM Watson Health is now Merative, and more

Healthcare IT Today

Welcome to the weekly edition of Healthcare IT Today Bonus Features. Because there’s so much happening out there in healthcare IT we aren’t able to cover in our full articles, we still want to make sure you’re informed of all the latest news, announcements, and stories happening to help you better do your job.

RCM 89
article thumbnail

Bain & Company - KLAS Research 2023 HealthTech Report: Key Points for Providers, Vendors & Investors

Lloyd Price

In a survey of 201 US healthcare provider executives conducted in June 2023, 56% of the respondents cited software and technology as one of their top three strategic priorities, compared with 34% in 2022. Providers are investing in RCM software to improve their efficiency and accuracy, and to reduce costs.

RCM 64
article thumbnail

Demand Grows for Advancements in Healthcare’s Digital Front Door

Healthcare IT Today

Also, three out of four patients who reported a decline in access in 2022 mentioned the difficulty of seeing a doctor quickly as a major pain point. In fact, patient perception of “seeing a practitioner quickly” as the biggest access challenge rose from 15% in 2020 to 27% last year.

article thumbnail

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

Healthcare IT Today

A July 2022 report by Kaufman Hall says that total direct expense per provider FTE is up 2.2% from Q1 2022 as open roles are going unfulfilled. ” . It also enables the practice to have a more productive conversation about the patient’s responsibility and payment options. quarter-over-quarter and 7% year-over-year.