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

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Weekly Roundup – May 4, 2024

Healthcare IT Today

Patient Experience Insights From the Qualtrics X4 Conference. John Lynn attended the event, which at its core emphasizes the value of data that directly reflects that patient perspective. Read more… Cybersecurity, AI, and the Future of RCM. Read more… Healthcare IT Today Podcast : Patient Experience Insights.

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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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Bonus Features – January 14, 2024 – Epic Research shows telehealth results in more follow-up visits that in-office care, Elevance Health to offer smartphones to qualified Medicaid beneficiaries, plus 21 more stories

Healthcare IT Today

News and Studies Follow-up rates for telehealth and in-office visits have remained consistent since 2020 , according to analysis from Epic Research. GLP-1 agonists have overtaken insulin in total prescriptions and cost among commercially insured patients , according to an analysis from Cedar Gate Technologies.

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

Lloyd Price

The report also finds that providers are prioritizing their IT investments in certain key areas, such as: Revenue cycle management (RCM) : RCM is the process of managing the financial aspects of patient care, from billing and coding to collections and denials. Market Insights & Analysis for Founders & Investors.

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Bonus Features – December 10, 2023 – 84% of physicians still use manual processes to manage care transitions, 70% of executives prefer managed services for RCM, plus 26 more stories

Healthcare IT Today

Nearly all (95%) of healthcare executives are interested in end-to-end managed services to solve RCM challenges, according to a survey from Ensemble Health Partners. An analysis from Brooks Rehabilitation found that Connecticut has the highest fall treatment costs , at nearly $13,000, due in part to a scarcity of physicians.

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Weekly Roundup – August 19, 2023

Healthcare IT Today

Read more… Moving the Industry Forward With an RCM Adoption Model. Healthcare has many models, but until recently RCM has been missing. Jeff Becker and John Yount at FinThrive described their roadmap for RCM implementation and realizing value as an organization.

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