With the current economic uncertainty and challenges, a lot of healthcare organization’s financial statuses are dealing with some challenges. As a result, the world of healthcare is also constantly adapting and coming up with new Revenue Cycle Management solutions. But if everything is constantly changing, how are we supposed to keep track of what solution is best for our organizations?
In search of that answer, we reached out to our wickedly smart Healthcare IT Today Community to see what trends in RCM they are keeping their eyes on and why. We’ve compiled all of their answers together in the video down below. Check it out and see if any of their answers can help you and your healthcare organization.
Here’s a quick summary of what everyone had to say in the video:
Kishau Rogers, CEO at Time Study – How well executives and revenue cycle management professionals are using data to inform their decisions.
Nate Kelly, President at ChartSwap – How do we exchange information between legal requesters and the providers, and how do we do it safely, simply, and quickly?
Amanda Devlin, VP of Enterprise at Future Family – The rising cost of healthcare and the increase in high deductible healthcare plans.
Hal Walsh, Vice President Channel Partnerships at Streamline Health – We’re looking to see how quickly AI will appear in areas like patient billing or coding and have it be functional as well.
Jason Considine, Chief Commercial Officer at Experian Health – We’re focused on AI, automation, digital front doors, and new self-serve technologies due to the staffing shortages in healthcare.
Seth Cohen, President at Cedar – Bringing together all of the industries involved in patient billing to create one streamlined network.
Keith Olenik, Chief Health Information Officer at AHIMA – The impact robotic process automation and other AI tools will have on the workforce.
Ruth Nacey, Director of Product at SmarterDx – The increase of denials we’re expecting to see in the next 6 to 12 months.
Rick Stevens, CTO at Vispa – We’re focused on differentiating between what is automation and what is truly AI.
Valerie Mondelli, Executive Vice President and Chief Commercial Officer at RevSpring – The high expectations in the quest for personalization that patients have for their healthcare journey.
Prashant Karamchandani (PK), Director and Co-Lead of the Revenue at Chartis – There’s been a lot of talk about AI solutions, so we’re focused on how we can help our clients use them strategically to fit their needs and goals.
Huge thank you to everyone who took the time out of their day to come speak with us to make this video possible! And thank you to all of you for taking the time out of your day to read this and watch the video!! We wouldn’t be here without your support and we would love to hear from you as well. Comment down below or on social media what trend in RCM we should be keeping an eye on and why.
