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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. These models require providers to eliminate: Fragmented care that drives up costs. The key lies in optimization.

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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. Further compounding the problem: 59% of providers rate patient health literacy as poor despite their education efforts. The latest monthly trends report from Syntellis showed a -0.9%

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Weekly Roundup – March 2, 2024

Healthcare IT Today

What Health IT Trend Has You Most Excited ? In the second installment, Andy explained the many stages of RCM that can benefit from generative AI: Claims, prior authorization, appeals, resource management, and contract generation. Read more… Generative AI in Your Desk Drawer: How to Get There.

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Weekly Roundup – March 11, 2023

Healthcare IT Today

Read more… How to Continue to Improve Medication Management. Read more… Featured Health IT Job: Senior Epic Application Analyst at Washington-based Yakima Valley Farm Workers Clinic, posted to Healthcare IT Central. Funding and M&A Activity: RCM company CodaMetrix closed $55 million in Series A funding.

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Weekly Roundup – June 10, 2023

Healthcare IT Today

Read more… Surveying Lab Tests From a Health IT Perspective. Lab tests are critical to the care process, but labs struggle to share data with other care providers , Andy Oram noted in the first piece in a three-part series on lab tests. Read more… One Health System’s Perspective on Digital Transformation.

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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. Tennessee-based Highland Physicians Inc.

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Weekly Roundup – November 12, 2022

Healthcare IT Today

John Lynn attended the CHIME Fall Forum and tuned in to the CIO panel, where longtime and interim CIOs shared their thoughts on how the CIO role has changed, how CIOs can help to address burnout, and how to guide their organizations into the future. Funding and M&A Activity: VillageMD acquired Summit Health-CityMD for $8.9

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