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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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Bonus Features – January 28, 2024 – 49% of orgs likely to invest in RCM tech in the next 18 months, v2 drafts of TEFCA Common Agreement and QHIN Technical Framework out, plus 27 more stories

Healthcare IT Today

About half (49%) of healthcare professionals are likely to invest in new RCM technology in the next 18 months , according to Salucro’s Healthcare Provider Fintech Insights Report. Nearly 4 in 10 (38%) Americans with chronic pain report feeling depressed, and 44% report feeling anxious , according to a Hinge Health survey.

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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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Weekly Roundup – October 28, 2023

Healthcare IT Today

One strategy for building this strength is digitizing and streamlining RCM. Bonus Features for October 22, 2023: 57% of patients accessed portals or medical records in 2022, plus 21 orgs make Level 10 in the 2023 CHIME Digital Health Most Wired Survey. RCM vendor Alpha II acquired RCxRules , a revenue cycle automation vendor.

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Bonus Features – November 12, 2023 – 93% of clinicians use RPM in cardiac care rehab, telehealth flexibilities remain in place until the end of 2024, plus 25 more stories

Healthcare IT Today

Studies More than 9 in 10 (93%) of clinicians use RPM technology in cardiac care rehab , according to a survey from Vivalink. The survey also found 56% of clinicians prefer in-home cardiac rehab to clinic-based rehab, and 53% report an increase in patient adherence once RPM is in place.

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Healthcare C-suite bullish on AI, telehealth

Healthcare IT News - Telehealth

The report surveyed leaders in the healthcare field about their top innovations before the COVID-19 pandemic and how they'd changed. Others also noted that they wanted to improve integration, infrastructure and security with regard to their telehealth strategy. " WHY IT MATTERS.

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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. 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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