Enterprise Strategy for Revenue Cycle Tech Not Fully Realized Yet
Enterprise strategies for revenue cycle technology is not a reality yet, but it could be in the near future, according to a small group of vendor technology superusers. Market research firm KLAS...Cerner Sells Revenue Cycle Management Outsourcing Arm
EHR giant Cerner is shedding its revenue cycle management outsourcing services, according to a recent announcement. In the announcement earlier today, revenue cycle management technology company R1...Acquisitions of Ambulatory RCM Vendors Barely Impacted Performance
The ambulatory revenue cycle management (RCM) market is evolving as vendors engage in a large volume of acquisitions, according to a new market report from KLAS. The healthcare IT data and insights...How Artificial Intelligence Is Optimizing Revenue Cycle Management
Prior authorizations are one of the most burdensome aspects of revenue cycle management. In a survey of 1,000 practicing physicians conducted by the American Medical Association (AMA), 86 percent of doctors described the burden of prior...AdventHealth Swaps Out Cerner Revenue Cycle Management for Epic
One of the nation’s largest health systems is replacing its current Cerner revenue cycle management along with its EHR with a platform from Epic, according to a press release from...Docs Satisfied with Epic, Warming to Cerner Practice Management
Epic may have won best overall software suite in 2020, but the Cerner Practice Management product was the most improved solution for physician practices, according to the latest KLAS rankings. The...How Nebraska Medicine Boosted Revenue Cycle Efficiency
For an academic health system with 8,000 employees and $2.9 billion in revenue, running an efficient revenue cycle is paramount. Nebraska Medicine is a large academic health system with two hospitals...KLAS: 7 Healthcare Revenue Cycle “Unicorns” Disrupting the Market
Provider organizations have many options when it comes to selecting a healthcare revenue cycle management solution. The market for such technology is rapidly growing, but some vendors are standing out...Sponsored by Zotec Partners
Automating Revenue Cycle Management Improves Patient Experience
For the longest time, revenue cycle management has been the man behind the curtain. Healthcare organizations have focused on improving the clinical experience using technology and provider education...Cerner Makes Strides with Improving Revenue Cycle Management Product
Provider organizations using Cerner’s revenue cycle management product are overwhelmingly reporting an improved relationship with the vendor despite a lack of financial outcome improvements,...Leading Vendors Helping Hospitals Manage Accounts Payable
As the industry shifts from fee-for-service to value-based care, hospitals and health systems must focus on delivering the highest quality care at the lowest cost possible, and that extends to the...Third of Providers Regret Revenue Cycle Outsourcing Purchase
Provider organizations are finding that full revenue cycle outsourcing is not meeting expectations, according to a new market report from KLAS. For the report “Outsourced Revenue Cycle Services...Hospital Financial Automation Under 25% for Most Organizations
Few provider organizations are widely engaging in hospital financial automation, according to a new Black Book CFO survey. Only 20 percent of the nearly 1,600 hospital and health system CFOs, VPs of...Sponsored by Definitive Healthcare
After EHRs, Providers Invest in Revenue Cycle Management for Success
Federal actuaries project national healthcare spending to account for over 19 percent of GDP by 2027. Despite the acceleration in domestic healthcare spending, the US is not experiencing better care...Revenue Cycle Outsourcing Issues Led to Astria Health Bankruptcy
A three-hospital system in eastern Washington is filing for bankruptcy shortly after implementing a revenue cycle outsourcing strategy that put a company in charge of business office billing, claims...NY Hospital Settles with Cerner Over $38M Medical Billing Problem
EDITOR'S NOTE: This article has been updated with a statement from Cerner. Cerner recently reached a settlement with a New York hospital after an audit revealed the EHR system’s medical...Sponsored Article
Why Do We Need Artificial Intelligence in Healthcare?
Things are changing faster than ever in the world of business and technology. Society has reached a general consensus that we’ve entered the fourth industrial revolution, and the businesses that...Sponsored by Olive
