Moving the Industry Forward with First-Of-Its-Kind RCM Technology Adoption Model for Healthcare Finance Leaders

An adoption model methodology is nothing new in the healthcare industry. HIMSS, for example, built their Healthcare Maturity Models to provide clear adoption and implementation pathways for various technologies and capabilities that health systems need. What the market had been lacking, however, is a tried-and-true framework that could address the revenue cycle management needs of healthcare finance leaders. Adoption models, which are very popular in computing and organizational change, define stages for the adoption of a process or technology and helps organizations determine which stage they’re at: piloting, early adoption, true integration into business practices, etc. After conducting in-depth research with health system finance leaders across the country,  FinThrive realized there was a significant market need for an adoption model that could show the impact of technology on RCM. Their vision is for healthcare organizations to improve revenue cycle management efficiencies in the same way EHRs over the past 15 years have improved clinical processes. Check out this video interview with FinThrive’s VP of Portfolio Marketing Jeff Becker and Chief Innovation Officer John Yount to learn more: Initially, FinThrive created a survey through discussions with many industry leaders to “capture the breadth of RCM.” The model leverages more than 30,000 data points derived from the survey and is primarily focused on what leaders deemed were mission-critical or high-value to t...
Source: EMR and HIPAA - Category: Information Technology Authors: Tags: Administration Ambulatory Health IT Company Healthcare IT Hospital - Health System Revenue Cycle Management EMRAM FinThrive Healthcare IT Video Interviews Healthcare Scene Featured HFMA HFMA 2023 HFMA Annual Jeff Becker John Yo Source Type: blogs