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

Healthcare IT Today

The following is a guest article by Pete Heydt, President at Patient Pay Ninety-five percent of healthcare leaders expect outpatient volumes to increase, with many anticipating increases of 10% or more this year, a recent survey found. More and more, healthcare leaders are looking to revenue cycle to be part of the solution.

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Bain & Company - KLAS Research 2023 HealthTech Report: Key Points for Providers, Vendors & Investors

Lloyd Price

In a survey of 201 US healthcare provider executives conducted in June 2023, 56% of the respondents cited software and technology as one of their top three strategic priorities, compared with 34% in 2022. Providers are investing in RCM software to improve their efficiency and accuracy, and to reduce costs.

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Finding Balance in Patient-Centric RCM

Healthcare IT Today

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. Unfortunately, in pursuit of efficiency and cost-cutting measures, many patient advocacy programs have been eliminated or downsized.

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Healthcare AI – 2024 Health IT Predictions

Healthcare IT Today

If healthcare organizations are able to effectively address and balance these apprehensions, AI emerges as an effective tool poised to revolutionize user experiences and reduce persistent cost challenges. A KLAS executive survey reports that the number of healthcare organizations deploying generative AI will at least double in the next year.

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5 Must-Haves in a Patient Financial Communication Platform

Healthcare IT Today

The following is a guest article by Steven Dubner, Vice President of Product Management at Nordis Technologies No matter how exemplary the clinical care, overall patient experience and satisfaction often hinge on the last interactions with providers—billing and payments.

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The Role of RCM in Health Equity

Healthcare IT Today

Involving revenue cycle management (RCM) is necessary for any comprehensive SDoH/health equity strategy. Patient experience. SDoH Factors Impacting Patients and Revenue. Safety of care. Readmission rate. Excess stay. Effectiveness of care.

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Healthcare AI and Automation: Good or Bad?

Healthcare IT Today

Additionally, automating processes such as this help to relieve employee burnout and simultaneously improve the patient experience. Director of Clinical Strategy at Bluesight AI is helping automate workflows and healthcare in general, especially in areas like drug diversion monitoring and prevention. Sandy Still, Pharm.D.,

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