As healthcare providers know all too well, revenue cycle management (RCM) can be a complex and often frustrating process. With so many moving parts involved, ensuring that every step of the process is completed accurately and efficiently can be challenging.…
The News: CodaMetrix raises a $55m Series A investment round to accelerate their move into automated multi-specialty Revenue Cycle coding. Why it matters Coding is one of the more complex and expensive tasks in the Revenue Cycle. Automating the process…
Healthcare revenue cycle management is a complex process that involves managing patient billing, insurance claims, and payments. The large amount of data generated by these processes can be overwhelming, but with the help of machine learning models, it can be…
Healthcare revenue cycle management is a crucial aspect of the healthcare industry that involves managing patient billing, insurance claims, and payment processes. Machine learning models can be used to analyze the data generated by these processes and provide valuable insights…
Machine learning is a rapidly growing field that has already transformed numerous industries, and healthcare is no exception. In recent years, machine learning has been leveraged to help healthcare organizations streamline their revenue cycle management, unlock new insights from their…
It’s time for us to go out on a limb and provide our 2023 Revenue Cycle Predictions. Punchline: 2023 will be the year that AI and automation have a material impact on healthcare revenue cycle management. RCM Prediction #1: There…
Revenue cycle management (RCM) is an essential function of any healthcare organization, but it can be time-consuming and expensive. Companies must process large amounts of data, hire and manage staff to complete the tasks, and adhere to complex regulations. In…
The future of healthcare revenue cycle management (RCM) is one of increasing automation and using artificial intelligence (AI). As technology advances, healthcare organizations are looking to automate more of their revenue cycle processes and use AI to improve efficiency and…
Machine Learning in Revenue Cycle Management is a hot topic because of its potential to improve accuracy and transparency in billing processes. But what are a few practical uses cases beyond the hype? Here are five practical use cases for…
The news: Akasa Survey Seeks to Understand ROI of RCM Automation The backstory Akasa (@akasahealth) released a survey of 40 health systems looking to understand how each measures the ROI on RCM automation. Health Systems surveyed all collected >$1b in…