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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.

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Bonus Features – November 24, 2024 – Only 16% of patients prefer online pharmacies, medical coding denials up 125% in the last year, plus 27 other stories

Healthcare IT Today

On a similar note, a survey from HFMA and Cedar found 58% of provider financial leaders report deteriorating payer relations over last three years , with 87% saying this friction impacts care delivery. A Wolters Kluwer Health survey found 44% of Americans use prescription coupon sites such as GoodRx to manage medication costs.

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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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Moving the Industry Forward with First-Of-Its-Kind RCM Technology Adoption Model for Healthcare Finance Leaders

Healthcare IT Today

After conducting in-depth research with health system finance leaders across the country, FinThrive realized there was a significant market need for an adoption model that could show the impact of technology on RCM. Get a free assessment that leverages FinThrive’s revenue management technology adoption model framework.

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Bonus Features – January 12, 2025 – 80% of providers prioritizing updates to billing and payment systems, new board chairs at AHIMA and the EHR Association, plus 19 other stories

Healthcare IT Today

Surveys About 80% of providers said updating billing and payment systems and expanding payment options are key focus areas for 2025 , according to a TrustCommerce survey. HCPro launched its Provider Education Microlearning Series , which offers training on clinical documentation integrity, coding, and RCM.

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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.

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Bonus Features – October 20, 2024 – Clinicians spend 28 hours per week on admin tasks, 80% of adults 18-24 willing to use generative AI in healthcare, plus 22 more stories

Healthcare IT Today

Nearly two-thirds (65%) of RCM leaders believe generative AI will substantially impact medical coding operations , according to an AKASA survey. RCM automation vendor Apprio launched Intelligent Denial Prevention. That compares to 37% for medical use cases and 13% for R&D.

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