Revenue Cycle Management Vendors

Healthcare orgs reflect on top vendors for denials management services

April 8, 2024 - When working with vendors for denials management services, healthcare organizations are satisfied with their levels of expertise, overturn rates, and denial prevention, according to a KLAS report. The KLAS Denials Management Services 2024 report shared how healthcare organizations feel about Aspirion, R1 RCM, Revecore, and Xsolis denials management...

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VisiQuate, MedeAnalytics top revenue cycle analytics rankings

by Jacqueline LaPointe

Many healthcare organizations use a third-party revenue cycle analytics solution in lieu of or next to their EHR system’s offering. A recent KLAS report found that leaders are most impressed by...

What’s Behind Private Equity’s Interest in RCM Vendors

by Jacqueline LaPointe

A major offer from a private equity firm is making waves in the revenue cycle management (RCM) vendor space, showcasing private equity’s interest in RCM vendors and software. New Mountain Capital, a private equity and capital firm...

R1 RCM May Go Private After $5.8B Private Equity Offer

by Jacqueline LaPointe

R1 RCM has received an offer from private equity firm New Mountain Capital that would prompt the revenue cycle management vendor to go private, according to a regulatory filing. New Mountain Capital...

How Robotic Process Automation Optimizes Revenue Cycle Management

by Jacqueline LaPointe

Revenue cycle management technology comes in all shapes and sizes depending on a healthcare provider’s goals. One of the more popular forms of technology in RCM is robotic process automation (RPA). RPA is a technology that leverages...

What Ambulatory Providers Look for in Revenue Cycle Management Vendors

by Victoria Bailey

When outsourcing revenue cycle management services, ambulatory provider organizations want vendors that excel in communicating, have adequate expertise, and can successfully educate clients, a KLAS...

How Do Providers Feel About Extended Business Office Services Vendors?

by Victoria Bailey

As revenue cycle challenges persist, provider organizations are turning to vendors that offer extended business office services (EBOS), a KLAS report indicated. The Extended Business Office Services...

Top Trends in Automation, AI Adoption in Revenue Cycle

by Jacqueline LaPointe

Automation has a lot of potential to streamline revenue cycle management, and healthcare organizations are certainly interested in adopting technology to achieve efficiency. However, that interest is not necessarily turning into investment...

Highlighting Top Revenue Cycle Management Vendors By User Review

by Editorial Staff

Epic, Experian Health, and Waystar are just some of the revenue cycle management vendors performing well across various operations. The 2024 Best in KLAS Software & Services report highlights the top vendors in claims management,...

Key Considerations For Choosing a Revenue Cycle Technology Vendor

by Jacqueline LaPointe

Revenue cycle technology is not one size fits all. Whether a solution promises to ease patient collection woes or streamline claims management processes, healthcare providers must do their due diligence to select the revenue cycle...

Pros, Cons of End-to-End RCM Platform Adoption

by Jacqueline LaPointe

In the pursuit of an end-to-end revenue cycle management (RCM) platform, some providers have adopted technology from a single vendor. While there are several advantages of working with one vendor, a...

74% of Hospitals Use Some Revenue Cycle Automation

by Jacqueline LaPointe

Hospitals and health systems are increasingly using revenue cycle automation to streamline operations and improve efficiency. A recent survey of over 450 CFOs and revenue cycle leaders at US hospitals...

R1 to Acquire Providence’s RCM Company Acclara

by Jacqueline LaPointe

R1 RCM Inc. recently announced plans to acquire the technology-driven revenue cycle management company Acclara from Providence. The revenue cycle management solutions vendor signed a definitive...

Overcoming the Barriers to AI Adoption in Revenue Cycle Management

by Jacqueline LaPointe

About a third of hospital financial leaders have never used automation in revenue cycle operations. Nearly two-thirds of hospitals haven’t automated any part of claims denial management. And approximately a third of prior...

Generative AI’s Potential Shines on Revenue Cycle Management

by Jacqueline LaPointe

Healthcare has its eyes on generative artificial intelligence (AI). The technology, including the popular ChatGPT tool, has passed medical exams, diagnosed complex cases, and designed new ways to combat COVID-19. However, its most...

Physician Scheduling Vendors Promise Automation, But Issues Arise

by Jacqueline LaPointe

Automated solutions promise to simplify physician scheduling, but healthcare organizations are experiencing hiccups with achieving efficiency. Providers in the new KLAS report, “Physician...

Firm Selection, Rollout Key Considerations of Revenue Cycle Outsourcing

by Jacqueline LaPointe

Firm selection, contracting, and rollout are among the top considerations shared by providers who recently outsourced revenue cycle management, according to a recent KLAS report. The KLAS report,...

Oracle Adds Healthcare Capabilities to ERP, Supply Chain Products

by Jacqueline LaPointe

Oracle, the company that bought Cerner for over $28 billion last year, recently announced new healthcare-specific capabilities to three of its products aimed at financial and supply chain...

How Revenue Cycle Automation Keeps A Physician-Owned Practice Open

by Jacqueline LaPointe

Every penny counts when you are an independent physician-owned practice, according to Melissa Huff, CIO of the Clinics of North Texas. Founded over 100 years ago, the Clinics of North Texas is a multispecialty network of more than 30...

Key Types of Revenue Cycle Technology That Optimize Operations

by Jacqueline LaPointe

The healthcare revenue cycle is a sprawling operation that encompasses patient registration and insurance verification to denials management and patient collections. Provider organizations of all sizes have leveraged revenue cycle...

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