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2023 Benchmark Report: Healthy Bottom Lines are Reliant on Cross-Functional Team Collaboration, Technology, & AI Investments

Healthcare IT Today

The following is a guest article by Ritesh Ramesh, CEO at MDaudit Safeguarding revenues in the coming year requires healthcare systems to proactively navigate an evolving landscape with cross-functional collaboration, technological innovation, and increased AI investments. healthcare organizations.

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R1 RCM to Acquire Acclara

Healthcare IT Today

Acquisition of Providence’s Current Modular Services Business Accompanied by 10-Year Agreement to Provide Comprehensive Revenue Cycle Management Services R1 RCM Inc. (R1) Providence is among the top 10 U.S. million shares of R1 stock. million shares of R1 stock. health systems. health systems.

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AAPC Expands Its Technology Solutions Portfolio with the Acquisition of Semantic Health

Healthcare IT Today

This will help us improve data quality, optimize revenue cycle management (RCM) efficiency, and unlock generative AI in healthcare.” ” Semantic Health empowers auditing teams by identifying high-impact revenue and quality opportunities across medical coding and clinical documentation improvement.

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Did you miss one? Aging and Health Blog Posts from May 2023

Aging in Place Technology Watch

The AI hype cycle is distracting everyone. And doubts continue to emerge in the media that make it seem like we are in the slough of despond, otherwise known as the low point of the Gartner Hype Cycle. Just from yesterday, May 3, 2023 – that list goes on and on. That is inclusive of very large companies.

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Weekly Roundup – October 28, 2023

Healthcare IT Today

Reporting from the vendor’s national conference, Colin Hung found eCW customers delighted by announcements of AI to manage inbound faxes and AI to save robotic process automation (RPA) actions much the same way you save macros in Microsoft Office. RCM vendor Alpha II acquired RCxRules , a revenue cycle automation vendor.

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CodaMetrix Closes $55M Series A to Autonomously Power Medical Coding, Boost Health System Revenue Cycles

Healthcare IT Today

CodaMetrix’s innovations in AI technologies and the experienced team of healthtech executives are a couple of key factors that went into our decision to partner with the company to systematically improve the way our health system accounts for patient care in both billing and clinical cycles”, said Chris Scoggins.

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Bonus Features – July 2, 2023 – Nuance and Epic integrate, 5 in 6 physicians say telemedicine improves continuity of care, news from HFMA, and more

Healthcare IT Today

Genetic tests make up just 10% of all lab tests performed but account for 30% of all spending on lab tests , according to a report from Avalon Healthcare Solutions. A Waystar and HFMA survey found that 80% of healthcare finance leaders see a need for denials management process improvement.