Market OverviewThe global Healthcare Revenue Cycle Management (RCM) Market is projected to expand at a rate of approximately 11–12% by 2027.This anticipated growth is being fuelled by the rising ...
Financial performance defines the strength and longevity of healthcare institutions. Efficient billing, accurate coding, and ...
The revenue cycle is a complex system that offers hospitals several opportunities for creating efficiencies and cost-savings. However, many organizations forgo improving the revenue cycle and instead ...
With so many components to the process – payer contracting, registration, authorization and certification, financial counseling, co-pay and coinsurance collection, dictation and transcription, coding, ...
Don Dadds, vice president of revenue cycle services for Peoria, Ill.-based OSF HealthCare, has more than 10 years of physician office and hospital revenue cycle management experience. At OSF ...
ATLANTA--(BUSINESS WIRE)--Cloudmed, a leader in Revenue Intelligence™ solutions for healthcare providers, announced the release of a white paper in partnership with Becker’s Healthcare entitled, The ...
What’s amazing is that about 30% of patients still mail in checks. We’re not where we hoped we’d be with payment digitization. Although the tools are available, not all patients—or hospitals—are fully ...
Health systems say getting paid can be a challenge. They must produce burdensome documentation for insurers that have ever-changing policies and process high volumes of claims. As a remedy, health ...
The U.S. spends more on healthcare administration than other countries, according to a JAMA study. In fact, the estimated cost of waste accounts for approximately 25% of total healthcare spending.
Independent Software Vendors (ISVs) and SaaS providers have long viewed healthcare as a rich target for vertical expansion. The market is large, highly regulated, and plagued with inefficiency. Many ...
More AI companies are producing tools to help automate the revenue cycle, one of the most expensive and complicated departments of a hospital. These tools have demonstrated promise in collections, but ...
The Cleveland Clinic will be furthering its artificial intelligence ambitions by deploying generative AI tools meant to make medical coding more accurate and efficient. In partnering with generative ...
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