article thumbnail

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) health systems. BDT & MSD Partners acted as financial advisor to Providence, and McDermott Will & Emery and ArentFox Schiff LLP acted as legal counsel.

RCM 104
article thumbnail

Unlocking the Power of Interoperability for Revenue Cycle Management

Healthcare IT Today

A seamless transfer of data in the revenue cycle process results in optimal reimbursement, reduced administrative costs, and fewer surprises for patients. Prioritize Intake for Effective RCM Patient intake is an important part of the revenue cycle process. The earlier and more seamlessly we can engage, the better.”

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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.

RCM 93
article thumbnail

Veradigm Strengthens Award-Winning Revenue Cycle Services Portfolio with Acquisition of Full-Service RCM Company

Healthcare IT Today

a leading provider of healthcare data and technology solutions announced today the acquisition of Koha Health , a full-service revenue cycle management (RCM) company. About Veradigm Veradigm is a healthcare technology company that drives value through its unique combination of platforms, data, expertise, connectivity, and scale.

RCM 64
article thumbnail

Bonus Features – March 24, 2024 – Data infrastructure investments have 124% ROI, 85% of healthcare workers believe AI can improve the patient experience, plus 28 more stories

Healthcare IT Today

A survey from Hakkoda found 92% of healthcare organizations need to modernize their data infrastructure. Though less than 37% of healthcare workers trust AI in healthcare, 85% believe AI can improve the patient experience and 77% say AI can solve the labor shortage, according to a Carta Healthcare survey.

article thumbnail

What Trend in RCM Are You Keeping Your Eye on Right Now and Why?

Healthcare IT Today

In search of that answer, we reached out to our wickedly smart Healthcare IT Today Community to see what trends in RCM they are keeping their eyes on and why. Comment down below or on social media what trend in RCM we should be keeping an eye on and why. We’ve compiled all of their answers together in the video down below.

RCM 78
article thumbnail

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. Tracking provides reliable data on physical activity and metabolism.

RCM 78