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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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Bonus Features – April 9, 2023 – 63% of RCM departments face staffing shortages, small Stanford study shows 90% of GPT answers in clinical setting are “generally safe,” and more

Healthcare IT Today

A study from CWH Advisors and Synchrony found that 63% of providers have RCM staffing shortages , and 61% expect to work with third parties for help. The latest monthly trends report from Syntellis showed a -0.9% Florida-based Palm Plastic Surgery & Medspa selected eClinicalWorks Cloud EHR.

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Weekly Roundup – March 16, 2024

Healthcare IT Today

Read more… Price Transparency Trends Shifting Responsibility to Employers. Read more… Unlocking the Power of Interop for More Effective RCM. Insights included emphasizing the impact on the patient experience, ensuring tight EHR integration, and routinely reviewing outputs.

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Weekly Roundup – December 30, 2023

Healthcare IT Today

John Lynn and Colin recap the year that was, offering their take on the biggest trends, best conferences, and favorite interviews of 2023. Read more… Bonus Features for December 24, 2023: 74% of orgs automating RCM operations, plus per-physician revenue exceeding expenses at U.S. million in Series A funding.

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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.

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Bonus Features – October 9, 2022 – Optum completes Change Healthcare acquisition, interest in flu shots is declining, and more

Healthcare IT Today

Specialty EHR platform Net Health is integrating workflow automation and patient engagement functionality from Alinea into its senior living platform. RCM vendor FinThrive introduced automation functionality to its insurance discovery product. Partnerships.

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Bonus Features – November 13, 2022 – HCA extends 30-year relationship with MEDITECH, cost of care replaces pandemic as top reason to defer care, and more

Healthcare IT Today

HCA Healthcare signed a new agreement for a large-scale deployment of MEDITECH Expanse , continuing a relationship with the EHR vendor that has spanned three decades and been recognized with the 2021 CHIME Collaboration Award. News and Research. healthcare system to keep them healthy.

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