Patient Financial Engagement Technology Going Beyond Collections
Patient financial engagement technology is being used for more than just processing payments, and providers are seeing revenue improvements as a result, according to a new KLAS report. Early adopters...Cerner’s Next Step With Revenue Cycle Management Technology
Health IT powerhouse Cerner has been on working on revenue cycle management technology. The company perhaps best known for its EHR systems has been collecting client feedback and testing various...3M and Waystar Partner to Create Hospital Revenue Cycle Solution
3M and Waystar announced a strategic partnership to deliver an artificial intelligence-powered hospital revenue cycle solution aimed at improving efficiency with reimbursements and compliance,...RCM Vendors Scooping Up Patient Payment Companies
Revenue cycle management (RCM) vendor Waystar recently announced that it plans to acquire Patientco, in the latest deal between an RCM vendor and a patient payment company. Waystar, which offers...Staff Shadowing Negatively Affects Revenue Cycle Productivity
More than half of health systems found staff shadowing to be disruptive and to have negative effects on revenue cycle productivity, according to a national survey. The survey, commissioned by AKASA...Price, Reputation Turn Away Revenue Cycle Outsourcing Customers
Price tag and vendor reputation are among the top reasons why some revenue cycle outsourcing customers did not select a particular firm, according to a new KLAS report. The report explores market...Mid-Revenue Cycle Management Market to be Worth $4.55B by 2027
The mid-revenue cycle management and clinical documentation improvement (CDI) market is expected to be worth $4.55 billion by 2027, according to a recent report by Meticulous Market...75% of Health Systems Deployed RCM Technology During Pandemic
About three-quarters of hospitals and health systems in the US deployed revenue cycle management (RCM) technology or underwent active technology deployments during the COVID-19 pandemic, according to a...WA Provider Files Complaint Against Cerner in Bankruptcy Court
Washington-based Astria Health recently filed a complaint in bankruptcy court against Cerner, blaming the EHR and revenue cycle management vendor for the health system’s financial demise and the...How a Safety-Net Hospital Maintains a Patient-Centered Revenue Cycle
In the Hudson Valley is Montefiore St. Luke’s Cornwall Hospital. The non-profit, safety-net hospital serves more than 270,000 patients residing in the area and hospital leaders have made...Clinical Documentation Improvement Vendors Gaining Momentum
The clinical documentation improvement (CDI) vendor landscape has undergone significant changes over the last couple of years, including vendor acquisitions and technology developments. And these...KLAS: Epic, MEDITECH Continue to Lead Patient Accounting Solutions
Market research firm KLAS has identified Epic, MEDITECH, and other vendors as having the best finance and revenue cycle management solutions in 2021. Health IT giant Epic took the top spot for patient...30% of Hospitals Use Two or More Revenue Cycle Management Vendors
Many hospitals and health systems are relying on a multitude of vendors to automate various aspects of revenue cycle management, according to a new survey. Approximately 30 percent of healthcare...Medical Staff Credentialing Vendors Meeting New Telehealth Needs
Medical staff credentialing vendors have risen to the challenge of meeting emerging needs, such as credentialing providers for telehealth during the pandemic, KLAS reports. Healthcare organizations...KLAS: Epic, MEDITECH Lead Patient Accounting Vendors
In terms of overall performance, healthcare providers ranked Epic and MEDITECH as the top patient accounting system vendors, according to a recent KLAS report. Patient accounting systems are critical...A Specialty Group’s Revenue Cycle Automation Journey
Revenue cycle automation has become a necessity for healthcare providers looking to provide high-quality, affordable care. But for many organizations, automation in the revenue cycle is still an...Providers Want Innovation, Disruption for Revenue Cycle Management
Technology can’t solve all of healthcare’s problems, but providers agree that it can definitely improve revenue cycle management. In a recent survey conducted by KLAS and the Center for...How Revenue Cycle Technology Got Patients Back to the Office
After experiencing a significant dip in patient volumes during the COVID-19 pandemic, Family Practice Associates of Lexington PSC is now busier than ever. “Visits probably dropped off 50, maybe...Sponsored Article
