Revenue Cycle Management
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Jorie Healthcare CEO Shares Why Automation is Critical to Revenue Cycle Management
The revenue cycle management business is using AI tools to automate cumbersome tasks to help hospitals operate more efficiently. It’s beginning to attract the attention of major healthcare organizations.
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Don’t Be Fooled by the ‘Autonomous’ Revenue Cycle Hype
But what AI solutions can’t do is magically eliminate the need for empowered registrars. Maximizing growth while improving efficiency requires both people and technologies.
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Payer’s Place: Dawn Maroney
Dawn Maroney, President, Markets of Alignment Health and CEO of Alignment Health Plan, to discuss how they are using technology to provide better service and care to consumers.
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Adonis Rakes In $17.3M to Optimize Providers’ Revenue Cycles
Adonis, a startup offering a revenue cycle automation platform purpose-built for healthcare, recently closed a Series A funding round led by General Catalyst. The company has raised nearly $23 million to date since launching last year.
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How Atrium Health Made Payment a Part of Its Digital Front Door
A health system’s failure to offer patients with digital payment options could lead to slower collection times, create a disjointed patient financial experience, and result in decreased patient satisfaction and loyalty. At HIMSS23, Atrium Health’s vice president of revenue cycle management shared how his system integrated payment into its digital front door and gave pointers to hospitals looking to do the same.
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Mass General Brigham-Born Revenue Cycle Company Snags $55M
CodaMetrix, an AI platform for hospital revenue cycle management, recently closed a $55 million Series A funding round. The company, which was launched out of Mass General Brigham in 2019, is focused on simplifying the complicated process of translating patient records into codes for billing and clinical research.
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When Cost Factors into Healthcare Decision-Making: 3 Insights for Healthcare Revenue Cycle
By continually seeking ways to ease the financial strain of care, hospitals and health systems can position themselves as a trusted advisor for the communities they serve. It’s an approach that is vital to maintaining relationships and revenue.
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Health IT, MedCity Influencers
Automation Can Drive Post-Covid Healthcare Revenue Recovery
Hospital and health system revenue cycles will face a labor shortage and external economic pressures for the indefinite future. Automation can help streamline and optimize healthcare revenue cycles, but organizations must use this enabling technology with strategic intent.
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Walgreens Health taps Claim.MD to streamline claims submission process
Claim.MD is an electronic data interchange clearinghouse that helps reduce claims denials and improve cash flow. By working with the company, Walgreens has been able to make its reimbursement process more efficient and grow its business.
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Nearly half of providers are behind on revenue goals amid RCM department labor shortages, report shows
Nearly half of health systems and physician groups in the U.S. are behind on their 2022 revenue goals, and healthcare executives are worried about increasing costs, shrinking margins and the impending recession, according to a new report. It also found that most healthcare organizations’ revenue cycle or billing departments are struggling with labor shortages, leading operational inefficiencies and negative patient billing experiences.
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Applying Remote Patient Monitoring to Surgery Prep and Recovery, Oncology and Women’s Health
Join us to learn about the latest trends in remote monitoring and how to extend its benefits beyond chronic conditions to more patients – all while using fewer staff resources.
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MedCity Influencers, Health Tech
How to use analytics and automation to build an intelligent A/R strategy
An analytics-driven A/R strategy can significantly improve collections in today’s healthcare environment. This article goes over the pillars of this approach as well as what metrics should be focused on in implementing such a strategy.
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Hospitals, MedCity Influencers, Health Tech
The domino effect: Assessing the long-term impact of healthcare staffing shortages
Hospitals needs to make changes not only to retain clinicians but to stem financial losses. Healthcare leaders are committed to rising to the challenge, and investing in new processes and technologies to alleviate administrative pressures is a key way they’re leading the charge.
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Health IT, MedCity Influencers, Health Tech
How next-generation automation technology can improve healthcare revenue management
The revenue cycle is incredibly complex due to shifting payer requirements, continuous regulatory compliance and coding updates, and emerging and evolving payment models. That complexity increases the administrative burden and drives up cost for providers.
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MedCity Influencers, Health Tech, Payers
How providers can win the tug-of-war with payers over denials
In this complex and rapidly changing claims denial environment, providers must take a proactive approach to stay ahead of the game. Here’s what providers can do to successfully navigate the audit landscape.
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Hospitals, MedCity Influencers
5 questions to ask about accounts receivable work queues
To help revenue cycle leaders shortcut reporting efforts and ultimately collect more dollars, the following are five questions they should ask about their account receivables worklists to identify opportunities for performance improvement.
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Health IT, Hospitals, Health Services
SSM Health, Optum to enhance inpatient, RCM & digital services in new 10-year collaboration
The St. Louis-based health system is collaborating with the UnitedHealth subsidiary to implement technology and processes that focus on improving care quality and reducing costs. Thousands of SSM Health employees will transition to Optum as part of the deal.
Promoted
Payer’s Place: Dr. Anil Singh
Dr. Anil Singh shares his insights into the strategies employed by the organization to identify the most effective digital solutions for their members.
Promoted
Discover the Next-Gen Platform for Integrated Collaborative Care
Beyond EHRs and digital front doors, reducing the gaps in patient care journeys.
