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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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Remote cardiac monitoring programs have potential, but they're still falling short

Healthcare IT News - Telehealth

"These numbers are not surprising, as RCM is still relatively new," said Kristin Stitt, chief clinical officer at Vector, in a statement. That said, RCM technology is still maturing. The report also flagged a potential mismatch between the administrative burden of RCM on staff and the awareness of said burden on physicians.

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Bonus Features – April 2, 2023 – 63% of nurses say AI will cause a generational divide among nursing staff, 67% of consumers prefer electronic medical bills but 78% of providers still use paper, and more

Healthcare IT Today

.” Incredible Health’s 2023 State of US Nursing Report found that 80% of nurses plan to remain in the healthcare industry until retirement – though an even greater number, 84%, worry that the industry isn’t doing enough to address poor pay, understaffing, and burnout.

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Bonus Features – January 7, 2024 – New executives at CitiusTech, MultiPlan, and NextGen, plus 15 other stories

Healthcare IT Today

Bloomlife and PeriGen are partnering to improve access to monitoring and data analysis for of high-risk pregnancies. Precision medicine company SinguLab is partnering with NADONA , a professional organization for nursing leaders, to support education and research opportunities.

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Bonus Features – November 26, 2023 – 85% of healthcare orgs boosting IT spending in 2024, 70% of orgs actively considering generative AI, plus 18 more stories

Healthcare IT Today

More than 85% of health systems are increasing IT and digital budgets for 2024 , a Guidehouse analysis found. RCM is by far the most popular potential use case, with 58% of all considering the use of generative AI there. RCM is by far the most popular potential use case, with 58% of all considering the use of generative AI there.

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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

Not surprising RCM is also a popular use case for AI, with 78% of health systems currently using it or evaluating its use. Digital pathology application Paige added Mindpeak ‘s image analysis software to its platform. RCM vendor PMMC is working with CAST Imaging to accelerate its migration to the cloud.

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Bonus Features – May 28, 2023 – 20+ health systems pledge to use Epic to share info under TEFCA, 84x increase in telehealth for mental health from 2019 to 2022, and more

Healthcare IT Today

OM1 released Prescriber Trends and Comparative Outcomes for analysis of real-world data for immunology and mental health. NorthShore University HealthSystem affiliate Northwest Community Healthcare chose Conifer for physician RCM. Cybersecurity firm Vaultree released an in-use data encryption tool.