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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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Healthcare AI – 2024 Health IT Predictions

Healthcare IT Today

As we kick off 2024, we wanted to start the new year with a series of 2024 Health IT predictions. Patches Seely, Executive Vice President of Clinical Solutions at Carenet Health Clinicians’ burnout is in both a state of prevention and cure. The friction between healthcare providers and payers remains a significant challenge.

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Digital Innovation and AI in Revenue Cycle Management

Healthcare IT Today

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. John Bou, COO and Co-Founder of Modio Health.

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Three Ways AI is Preventing Revenue Leakage

Healthcare IT Today

RCM automation, powered by artificial intelligence, can achieve this – saving considerable time and adding millions of dollars to the bottom line. Moreover, the automated system can display this information in an easy-to-understand format, placing it where your team typically conducts data analysis. Which data was accessed?

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Weekly Roundup – July 29, 2023

Healthcare IT Today

We heard about the benefits of access to real-time data, the importance of data standards, and the need for mature data analysis and data management infrastructures. Read more… Healthcare Needs More Gender Diversity in Leadership. Concierge care platform Gradia Health secured $4.2 million in seed funding.

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Bonus Features – March 19, 2023 – Info for 81% of physicians is inconsistent in major health plan provider directories, 48% of health systems using AI for workforce management, and more

Healthcare IT Today

A survey from the Health Management Academy and Outbound AI reported that almost half (48%) of health systems are using AI technology for workforce management , and 85% expect to see a moderate to significant increase in the use of such tools in the next one to three years. Healthcare is one of six industries featured at the event.

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Bonus Features – December 4, 2022 – 34% of Americans take anti-anxiety meds during the holidays, hospital margins at -2% but show signs of hope, and more

Healthcare IT Today

In addition, Nuance added two health systems to the Nuance Precision Imaging Network : Baptist Health in Kentucky and Einstein Healthcare in Pennsylvania. Dental software maker Henry Schein One is partnering with VideaHealth to release AI-enabled X-ray analysis tools.

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