Revenue Cycle Management

VisiQuate, MedeAnalytics top revenue cycle analytics rankings

March 18, 2024 - 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 Visiquate and MedeAnalytics. EHR systems don’t always meet the needs of healthcare organizations when it comes to revenue cycle analytics, KLAS...


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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...

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...

Breaking Down the Back-End Revenue Cycle, Key Best Practices

by Jacqueline LaPointe

The healthcare revenue cycle is a continuous process that relies on each step to keep revenue flowing. However, many organizations break down the revenue cycle into front- and back-end steps to manage what happens before and after a...

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,...

Revenue Cycle Management, AI Take Center Stage in 2024

by Jacqueline LaPointe

Healthcare CFOs are optimistic about the financial outlook this year as their organizations put revenue cycle management, dealmaking, and technology investments on the top of their priority lists. The...

Survey Reveals Revenue Cycle Management Concerns for 2024

by Victoria Bailey

When it comes to revenue cycle management, healthcare leaders are concerned about timely patient collections, managing denials, and hiring and training staff in 2024, new data found. The survey,...

Steward Health Care Faces Financial Troubles, Possible Closures

by Jacqueline LaPointe

Steward Health Care, a for-profit health system headquartered in Dallas, Texas, is facing grave financial troubles, which may create ripples across the country. The Boston Globe reported on Jan. 19th...

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...

The Role of the Hospital Chargemaster in Revenue Cycle Management

by Editorial Staff

The hospital charge description master, or hospital chargemaster, is at the heart of the healthcare revenue cycle, serving as the hospital’s starting point for billing patients and payers. A hospital chargemaster lists all the...

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...

Medical Groups Faced High Expenses, Staffing Challenges in 2023

by Victoria Bailey

Medical groups had a rocky 2023 as expenses outpaced revenue and staffing shortages continued, a survey from the American Medical Group Association (AMGA) revealed. The 2023 AMGA Medical Group...

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...

Understanding the Value-Based Reimbursement Model Landscape

by Editorial Staff

The Centers for Medicare and Medicaid Services (CMS) aims to have all traditional Medicare beneficiaries under a value-based care model by 2030. Although the pace may be slow, the healthcare industry is shifting away from fee-for-service...

Hospitals See Margins Above Pandemic Levels in October

by Jacqueline LaPointe

Hospital financial performance improved in October, signaling continued stabilization in the wake of the COVID-19 pandemic, according to the latest “National Hospital Flash Report” from...

Generative AI Appeals to Healthcare Orgs for Revenue Cycle Operations

by Victoria Bailey

Financial leaders at healthcare organizations are interested in using generative artificial intelligence (AI) to streamline revenue cycle operations, according to a survey from AKASA. The survey...

Breaking Down the Top 5 Healthcare Revenue Cycle KPIs

by Jacqueline LaPointe

Healthcare organizations need to understand financial performance to maintain access to high-quality, cost-efficient care — a level of care that is central to both the value-based care journey...

Labor Expenses Hurt Hospital Financial Performance

by Jacqueline LaPointe

Workforce challenges continue to dampen hospital financial performance as labor expenses remain high, according to the latest “National Hospital Flash Report” from healthcare consulting...