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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 2, 2023 – 63% of nurses say AI will cause a generational divide among nursing staff, 67% of consumers prefer electronic medical bills but 78% of providers still use paper, and more

Healthcare IT Today

.” Incredible Health’s 2023 State of US Nursing Report found that 80% of nurses plan to remain in the healthcare industry until retirement – though an even greater number, 84%, worry that the industry isn’t doing enough to address poor pay, understaffing, and burnout.

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Remote cardiac monitoring programs have potential, but they're still falling short

Healthcare IT News - Telehealth

"These numbers are not surprising, as RCM is still relatively new," said Kristin Stitt, chief clinical officer at Vector, in a statement. That said, RCM technology is still maturing. The report also flagged a potential mismatch between the administrative burden of RCM on staff and the awareness of said burden on physicians.

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WellSky Acquires Corridor, Expands Commitment to Offering Best-in-Class Coding, Revenue Cycle Management Services for Post-Acute Industry

Healthcare IT Today

By adding Corridor to its portfolio, WellSky will expand its medical coding and revenue cycle management (RCM) offerings to help care providers increase efficiency and improve performance across clinical, financial, operational, and compliance areas.

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Weekly Roundup – October 28, 2023

Healthcare IT Today

Meanwhile, John spoke to Suhas Uliyar about Oracle Health’s moves to create tools that accompany and augment the workflow of physicians, nurses, and patients. Read more… Driving Optimal Use of Temporary Nurses. One strategy for building this strength is digitizing and streamlining RCM.

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Weekly Roundup – March 16, 2024

Healthcare IT Today

John recapped a ViVE 2024 session with Tanya Content at UNC Health and Russ Richmond at Laudio about ensuring technology meets the needs of nurses and other clinical staff instead of imposing it on them. Read more… Unlocking the Power of Interop for More Effective RCM.

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Bonus Features – May 21, 2023 – 82% of wearable users willing to share data with their physicians, 81% of Americans trust pharmacists and nurses to diagnose minor illnesses, and more

Healthcare IT Today

Nearly 60% of Americans would visit a pharmacy as their first stop for non-emergency care , and 81% trust pharmacists and nurse practitioners to diagnose minor illnesses and prescribe medications, according to a Wolters Kluwer Health survey. People Interoperability vendor Rhapsody named Jeff Chiumiento as Chief Financial Officer.

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