Technology & RCM & AI, Oh My!

It seems as though every day we have some kind of new technology or a breakthrough in how technology can be used in healthcare. And with each new development, we open a door for new ways for that technology to be used and adapted. This then opens another door, and so on until we have an endless cycle of innovation in healthcare. So with all of these incredible innovations, let’s take a moment to narrow our field down to Revenue Cycle Management (RCM). How can we be using technology to optimize RCM? And even more specifically, what role can data analytics and AI play in optimizing RCM? In search of these answers, we reached out to our absolutely brilliant Healthcare IT Today community. These are the answers they had for us: Rebecca Grossman, Senior Vice President of Strategy and Business Development at Salucro As with any industry, the rush to adopt technology without a plan on how it interacts with existing systems and workflows can introduce more of a burden than a benefit. As providers look to implement new technologies to address problems of patient engagement and rising costs to collect, the way that these new solutions interact with existing systems becomes paramount. Improving revenue cycle management with technology really comes down to streamlining workflows and leveraging deeper integration capabilities. On the self-pay side of the revenue cycle, a great example is making sure that providers have an integrated payment solution that is so tightly coupled to the...
Source: EMR and HIPAA - Category: Information Technology Authors: Tags: Administration Ambulatory Analytics/Big Data C-Suite Leadership Health IT Company Healthcare IT Hospital - Health System Revenue Cycle Management 4medica AccessOne AI Angie Knight AVIA CareCloud CliniComp data analytics Gre Source Type: blogs