Healthcare IT Today

JANUARY 18, 2023

Revenue cycle leaders can use this analysis to understand gaps in care and develop patient-focused investment strategies. AI capabilities can speed through burdensome RCM tasks to help healthcare providers avoid denials, reduce coding errors and improve price transparency for patients. John Bou, COO and Co-Founder of Modio Health.

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Lloyd Price

SEPTEMBER 17, 2023

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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Healthcare IT Today

OCTOBER 28, 2023

One strategy for building this strength is digitizing and streamlining RCM. Read more… Featured Health IT Job: Senior Architect with Epic MyChart integration experience, a remote position posted by Llyod Staffing on Healthcare IT Central. RCM vendor Alpha II acquired RCxRules , a revenue cycle automation vendor.

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Healthcare IT Today

JUNE 30, 2022

Linden Capital Partners (“Linden”), a Chicago -based private equity firm focused exclusively on the healthcare industry, today announced that it has signed a definitive agreement to make a majority investment in Aspirion (the “Company”), a leader in technology-enabled healthcare revenue cycle management (“RCM”).

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Healthcare IT Today

OCTOBER 19, 2023

LGI Launches its International Diversification Strategy LGI Healthcare Solutions Inc. Hawkins, Executive Vice President of Healthcare Strategy at Boston Software Systems. “We We look forward to working with the LGI team to further reinforce our core capabilities and help drive our next phase of growth.

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Healthcare IT Today

DECEMBER 24, 2022

Two-thirds of health systems use AI for at least some RCM tasks. Helen Lamons at Advata pointed out that denials management is one of the most mature use cases for AI in RCM – and when used effectively it can help organizations improve collections with limited impact on billing staff. million.

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Healthcare IT Today

JANUARY 13, 2024

2024 Health IT Predictions: AI Regulations and Ethics. This week, we published several more posts in our series on 2024 Health IT Predictions. Read more… 2024 Health IT Predictions: Generative AI and Data. Read more… 2024 Health IT Predictions: The Healthcare Workforce. million in funding.

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Healthcare IT Today

DECEMBER 9, 2023

Read more… How Digital Health Attracts Software Engineers: Strategies. Part two outlined how digital health companies should emphasize their mission and purpose as a key part of the recruitment process , as that will help leaders find engineers who want to make a difference in the world.

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Healthcare IT Today

JULY 25, 2023

-based Electronic Medical Records (EMR), Practice Management (PM), and Revenue Cycle Management (RCM) assets for approximately US$6.3 Karen Adams, CEO at CloudMD, commented, “We continue to successfully execute our strategy of focusing on our higher growth and margin businesses while surfacing value from non-core assets in our portfolio.

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Healthcare IT Today

SEPTEMBER 2, 2023

Read more… Finding Balance in Patient-Centric RCM. An effective RCM strategy, then, should incorporate elements of omnichannel communication, patient journey mapping, easy payment options – and sympathy for patients who may face expensive bills.

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Healthcare IT Today

JANUARY 10, 2024

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. Looking to 2024, automation will remain another valuable strategy to address shortage-related issues by digitizing manual tasks and streamlining workflows.

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Healthcare IT Today

JUNE 27, 2023

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? We would love to hear from all of you as well!

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Healthcare IT Today

JANUARY 9, 2023

.” RSi, headquartered in Columbia, South Carolina , made M&A headlines in 2019 when WestView Capital Partners announced it was financing RSi’s aggressive growth strategy. For more information, visit www.rsircm.com.

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Healthcare IT Today

NOVEMBER 12, 2023

Sales Ohio-based Fisher-Titus chose RevSpring for RCM and payment processing. Healthcare management services company Care About selected Innovaccer for population health management. Clinical NLP software vendor emtelligent named Andrew Walker as Executive Vice President of Customer Strategy and Operations.

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Healthcare IT Today

SEPTEMBER 1, 2023

The following is a guest article by Laxmi Patel, Chief Strategy Officer at Savista Achieving a delicate equilibrium between automation and human engagement is critical. Adopt an Omnichannel Communication Strategy It is critical to reach the patient with relevant messages when, where, and how they are receptive to it.

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Healthcare IT Today

NOVEMBER 25, 2022

A strong business case exists for addressing the financial impacts of social determinants of health (SDoH) and new reimbursement models designed to emphasize health equity. Involving revenue cycle management (RCM) is necessary for any comprehensive SDoH/health equity strategy.

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Healthcare IT Today

AUGUST 31, 2023

Laxmi Patel, Chief Strategy Officer at Savista said “One of the things we’re looking at at Savista is related to data analysis and integration of those trends into our outcomes. ” “What AI helps us do is review every patient chart, so then we have the ability to give our clients the best solution for their teams.

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Healthcare IT Today

FEBRUARY 2, 2024

Although the initial phase might increase administrative tasks due to new technology adaptation and error rectifications, effective communication and adept change management strategies are key to mitigating these challenges.

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Healthcare IT Today

JUNE 6, 2023

By implementing effective revenue integrity strategies, your organization can improve your financial performance, optimize resource utilization, and provide high-quality care to your patients. It also involves monitoring and analyzing key performance metrics to identify areas for improvement and reduce revenue leakage.

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Healthcare IT Today

OCTOBER 6, 2023

Recent research reveals that the allocation of investments across overall strategy and planning, network, application, and security for the anticipated use cases that organizations plan to implement within three years is almost equally distributed. As healthcare embraces edge computing, one area that’s examined is expense allocation.

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Healthcare IT Today

JANUARY 2, 2023

2022 Predictions for Remote Patient Monitoring (RPM) and In Home Care – I know not everyone enjoys predictions, but the fact that last year’s prediction did so well means that people like them more than I realized which is good since we just started our 2023 Health IT Predictions. AI and Automation in RCM is All About Balance.

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Healthcare IT Today

DECEMBER 16, 2023

In addition, the agency released the HTI-1 final rule, with important provisions covering algorithm transparency in certified health IT and updates to information blocking requirements. Read more… Funding and M&A Activity: Private equity firm GTCR acquired Cloudbreak Health , which provides language interpretation services.

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Healthcare IT Today

FEBRUARY 27, 2023

Director of Clinical Strategy at Bluesight AI is helping automate workflows and healthcare in general, especially in areas like drug diversion monitoring and prevention. The problem is that typical growth strategies using manual processes can improve top-line growth — but require additional staff and investments in ORs.

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