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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

Roughly 5 in 6 (84%) of ambulatory care physicians use manual processes to manage transitions of care , according to a survey from WellSky. 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.

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Bonus Features – January 28, 2024 – 49% of orgs likely to invest in RCM tech in the next 18 months, v2 drafts of TEFCA Common Agreement and QHIN Technical Framework out, plus 27 more stories

Healthcare IT Today

About half (49%) of healthcare professionals are likely to invest in new RCM technology in the next 18 months , according to Salucro’s Healthcare Provider Fintech Insights Report. Nearly 4 in 10 (38%) Americans with chronic pain report feeling depressed, and 44% report feeling anxious , according to a Hinge Health survey.

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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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Leveraging AI to Improve Revenue Cycle Management and Assist During Staff Shortages

Healthcare IT Today

As a business, it makes sense to embrace AI in revenue cycle management (RCM) fully. One of the largest areas with AI-enabled products and functions for RCM is denials management. In healthcare, RCM performance is critical. Advanced solutions can guide the next recommended step and their prioritization from this analysis.

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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.

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Bonus Features – May 7, 2023 – Less than 1% of all medical claims include an ICD-10 Z code, 78% of consumers say virtual health is important when considering health plans, and more

Healthcare IT Today

The analysis also found that Z-codes are most frequently used in behavioral health and acute care settings. Nearly 60% of today’s college students received mental health care from kindergarten through 12th grade , according to survey data from TimelyCare, which provides virtual health services to higher education.

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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.

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