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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.

RCM 101
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Careficient Acquires Home Health, Hospice, Home Care, Palliative and RCM Solutions from Net Health

Healthcare IT Today

a leading provider of Electronic Medical Record (EMR) solutions, today announced the acquisition of Net Health ’s EMR line of home health, hospice, home care, and palliative solutions and RCM services (collectively, “home health and hospice”). Careficient Inc. , This transaction will provide real benefits to both customers and employees.

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Weekly Roundup – October 28, 2023

Healthcare IT Today

They also discussed the all-important topic of EHR integration. Read more… Going Beyond Visit Summaries Using AI in the EHR. One strategy for building this strength is digitizing and streamlining RCM. RCM vendor Alpha II acquired RCxRules , a revenue cycle automation vendor.

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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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Weekly Roundup – December 9, 2023

Healthcare IT Today

John Lynn and Dr. Shiv Rao at Abridge chatted about the power of going beyond speech recognition to build trust with physicians thanks to EHR integrations and maps to ontologies such as SNOMED and LOINC. Read more… How Digital Health Attracts Software Engineers: Strategies.

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Bonus Features – November 12, 2023 – 93% of clinicians use RPM in cardiac care rehab, telehealth flexibilities remain in place until the end of 2024, plus 25 more stories

Healthcare IT Today

Partnerships Hona has integrated Particle Health’s API for retrieving records outside an EHR system into its tool for creating medical history summaries. Sales Ohio-based Fisher-Titus chose RevSpring for RCM and payment processing. Radical Imaging has integrated FlexView with arcc , the imaging platform form Apollo.

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Technology & RCM & AI, Oh My!

Healthcare IT Today

So with all of these incredible innovations, let’s take a moment to narrow our field down to Revenue Cycle Management (RCM). How can we be using technology to optimize RCM? And even more specifically, what role can data analytics and AI play in optimizing RCM?

RCM 101