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What Trend in RCM Are You Keeping Your Eye on Right Now and Why?

Healthcare IT Today

In search of that answer, we reached out to our wickedly smart Healthcare IT Today Community to see what trends in RCM they are keeping their eyes on and why. Comment down below or on social media what trend in RCM we should be keeping an eye on and why.

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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

The ideal partner will demonstrate an upward trend in cash collections over time while protecting the patient’s financial experience, knowing how important both aspects are in protecting your organization’s ability to provide high-quality care and service.

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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

RCM vendor FinThrive introduced automation functionality to its insurance discovery product. Inovalon announced the launch of RCM Intelligence to help practices monitor payment trends and cash flow projections. Analytics software company Advata released Advata Smart AR , an accounts receivable process automation tool.

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Cash is Queen Says RCM Experts

Healthcare IT Today

The upside of adopting technology for RCM can be significant: A drop in DSO (days sales outstanding). One technology in particular is proving to be very effective for RCM improvement – data analytics. Why communication from leaders remains key to RCM improvement. How executives can make work-from-home for RCM staff work.

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

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Healthcare AI – 2024 Health IT Predictions

Healthcare IT Today

The evolution of AI from narrow applications to broader, more advanced uses will be a key trend, as well as the increasing acceptance of AI as a vital tool in clinical settings. This applies to the entire RCM ecosystem including reducing administrative burdens and producing cleaner claims.