Search Tag: Revenue Cycle Management

2024 09 Aug

    Revenue Cycle Management is a process in healthcare that includes all administrative tasks associated with cash flow and billing. This includes functions such as capturing data, managing data, medical billing, and collecting patient revenue. It is important to understand how critical revenue cycle management is as it impacts cash flow,...Read more

2023 16 Aug

More than one-third of health system executives participating in a recent survey are planning to automate two or more revenue cycle management (RCM) or finance functions in 2024, according to a report published by the  Healthcare Financial Management Association  (HFMA) and  Eliciting Insights , a healthcare strategy and market research company. Nearly...Read more

2020 22 Oct

A new research identifies three technology areas that healthcare leaders see as the most important now and in the nearest future.   You might also like: A Snapshot of Imaging Technology: Exciting Developments and When to Expect Them   Center for Connected Medicine and KLAS Research have released their Top of Mind for...Read more

2019 13 Nov

Summary: With the push to do more with less in healthcare, a majority of provider organisations are working with at least one firm to outsource some revenue cycle processes. A couple of years ago, I attended a revenue cycle leadership conference with about 300 attendees. Our hosts realised that we wouldn’t be able to cover every topic on the...Read more

2017 28 May

For many healthcare providers, finding ways to accurately and efficiently bill patients for their services remains a challenge. Current estimates indicate that 30 to 40 percent of medical bills contain errors. "Efficient medical billing is critical for optimising healthcare revenue cycle management and driving value-based patient care, but effectively...Read more