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.
Effective management of RCM processes is already very important for most practices and will only become increasingly so in the future.
Munck Wilson Mandala Partner Greg Howison shared his perspective on some of the legal ramifications around AI, IP, connected devices and the data they generate, in response to emailed questions.
Especially in a tough economic climate, healthcare facilities need more efficient ways to improve cash flow and remain stable by ensuring claims are accurately processed and quickly paid.
Digitizing and automating what can be an inefficient process is the kind of low-hanging fruit that many startups target. Revenue cycle management offers fertile ground for those purposes.
Applying stronger checks on transaction management and constricting loopholes within healthcare practice can improve revenue for medical practitioners. In the modern day and age, the healthcare sector of the United States is facing a number of dilemmas, owing to a number of loopholes in the healthcare processing and transaction system. Cash flow is become increasingly […]
The process of Medical Billing is a form of communication between an insurance company and a care provider. The Billing Cycle or the Revenue Cycle Management is the term used to elaborate and explain the entire Medical Billing Service phenomenon. The process of Medical Billing Service can take a moderate to a large amount of […]
At the Abarca Forward conference earlier this year, George Van Antwerp, managing director at Deloitte, discussed how social determinants of health and a personalized member experience can improve medication adherence and health outcomes.