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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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Turning Increased Ambulatory Volumes into Financial Strength: 4 Moves for RCM

Healthcare IT Today

Lean into an Evidence-Based Cadence for Communications There is a science to communicating with patients about their financial responsibility for care—one that incorporates data such as the patient’s past history of medical payment, how likely they are to respond to a particular form of communication, like digital versus paper, and how quickly.

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Healthcare Workforce – 2024 Health IT Predictions

Healthcare IT Today

As we kick off 2024, we wanted to start the new year with a series of 2024 Health IT predictions. This frees up staff to focus on more complex and strategic aspects of RCM. We asked the Healthcare IT Today community to submit their predictions and we received a wide ranging set of responses that we grouped into a number of themes.

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Patient Experience with Revenue Cycle Management

Healthcare IT Today

So often in talking about Revenue Cycle Management (RCM) the focus is placed onto the organization. How do we improve RCM? How to can we incorporate digital solutions into RCM? However, that leaves out one huge piece of RCM. So let’s take a moment and focus on the patient’s experience with RCM.

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Computer Assisted Professional Coding is Helping St. Joseph’s Be More Resilient

Healthcare IT Today

Joseph’s , recently sat down with Healthcare IT Today to discuss the revenue cycle management (RCM) improvements her team has made. Efficient RCM Processes are Critical Dr. Kushner has a passion for RCM.

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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. Healthcare is one of six industries featured at the event.

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Healthcare AI and Automation: Good or Bad?

Healthcare IT Today

The market will see increased asks/attention for bots as they are critically needed in RCM to offset staff shortage, enhance staff retention, and accelerate tasks (ultimately cash flow). However, they face near-term challenges in how to operationalize this change. Automation is making a big difference in revenue cycle management (RCM).

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