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RCM at a Crossroads: How Providers Can Transform Reimbursement Strategies

Electronic Health Reporter

Healthcare providers are at a defining point, grappling with financial strain, often stemming from outdated and inefficient revenue cycle management (RCM) strategies. These […] The article RCM at a Crossroads: How Providers Can Transform Reimbursement Strategies appeared first on electronichealthreporter.com.

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Automation’s Role in Streamlining RCM Workflows and Reducing Administrative Burdens

Healthcare IT Today

Today, we are going to focus on Revenue Cycle Management (RCM) and see what automation can do to streamline RCM workflows and reduce administrative burdens. One health system we worked with was able to automate 120 million RCM process steps, saving more than $18 million. Ultimately, it’s about cost savings.

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Balancing AI and Humans in Your RCM to Produce Clear ROI

Healthcare IT Today

As a healthcare leader, it’s your job to learn which RCM technology and AI solutions are really making an impact. They explain how it is really important with RCM to find the balance between using AI and knowing when the human expertise is needed to really make the process accurate and effective.

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Most Effective Tools and Technologies in Providing Real Time Insights Into Financial Performance and Key RCM Metrics

Healthcare IT Today

In search of those answers, we reached out to our incredible Healthcare IT Today Community to ask — what tools or technologies are most effective in providing real-time insights into financial performance and key RCM metrics? Given the complexity of RCM, a BI tool helps identify trends and consolidates data to support better decision-making.

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Addressing the Main Challenges in Integrating RCM Software with Existing EHR Systems

Healthcare IT Today

Today, we are going to narrow our focus on integrating RCM software with existing electronic health record (EHR) systems. We reached out to our brilliant Healthcare IT Today Community to ask — what are the main challenges in integrating RCM software with existing EHR systems, and how can these be addressed?

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The Evolving Challenge of RCM and Keys to Successful RCM with Compass Health Systems

Healthcare IT Today

One of the important ones is that effective RCM (Revenue Cycle Management) is essential to running a successful medical practice. The challenges and importance of RCM have never been greater. Payers are continuing to take advantage of healthcare organizations with poor RCM. Medical practices with great RCM are thriving.

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Healthcare Revenue Cycle Management – 2025 Health IT Predictions

Healthcare IT Today

Outsourcing will pivot to a more surgical, targeted strategy, focusing on high-impact, specialized areas like revenue integrity, underpayment recovery, and the more commonplace out-of-state Medicaid and small balance recovery work where RCM outsourcing supplements streamlined, automation-empowered teams instead of replacing them.