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.
An intelligent authorization platform relies on AI and machine learning to extract patient-specific data from a number of sources including the EHR. This helps health plans better anticipate, manage and optimize member outcomes.
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.
Revenue cycle company R1 acquired Cerner’s RevWorks business. The company will also acquire commercial, non-federal clients as part of the deal.
Olive AI, a startup that uses AI to automate error-prone administrative tasks, raised $51 million in funding. The company has experienced a recent growth spurt, expanding to more than 500 hospitals across the U.S.
Rivet, a startup that helps providers keep track of insurance contracts and billing, closed an $8.25 million funding round. Technology venture capital company Menlo Ventures led the funding round.
MedPilot, a Cleveland-based startup building a platform to improve patient billing, raised another $1.5 million. The company doubled its headcount and added more patients to its platform.
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.
Streamlining patient registration, offering more financial services and protecting patients from unexpected medical bills are proven ways to collect more revenue, improve cash flow and reduce bad debt.
The 30,000-square-foot facility in Salt Lake City will be used for evaluating, testing and designing new revenue cycle management technologies for hospitals, health systems and physician groups and will also serve as a client experience center.
MediStreams, a developer of revenue cycle management solutions for healthcare providers, is in the process raising $2 million through the sale of equity, according to a filing with the SEC. The Atlanta-based based company, started in 2009 and led by CEO James Coyle, aims to help providers capture the most revenue possible, using payment automation […]
With patients assuming greater responsibility for their medical bills, it can be difficult for healthcare organizations to obtain full payment for services rendered. Inefficient billing and administrative processes also contribute to this problem and result in money getting left on the table. In order to maximize revenue cycle management efficiencies and increase medical collections, healthcare […]
We will highlight Build My Health's revenue practice management tools, which could help physician practices add up to $250,000 to their practices.