Revenue Cycle Management

Healthcare is becoming transformative through the use of latest technologies such as Artificial Intelligence (AI), Machine Learning (ML) and recently Digital Twin Technology. The applications of digital twins have become popular in manufacturing, engineering and planning, but they aren’t yet ready for prime time in healthcare, let alone financial prediction. Explore to know what digital …

How Digital Twin Technology Can Improve Financial Forecasting in Healthcare Read More »

With globalization changing the medical landscape, increasing demand for cross-border healthcare services, and rapid expansion of new markets, there are opportunities and challenges for RCM. These are complex environments that require RCM solutions that manage specific financial, regulatory, and cultural issues, all while providing seamless patient care and cash flow optimization.  This guide highlights how …

Tailoring RCM Strategies for Emerging Markets and Cross-Border Healthcare Read More »

Over the past few years, healthcare has changed from provider-centric to patient-centric sparking a shift known as “he­althcare consumerism”. As patients become more savvy consumers, and judge what’s good, convenient, and expensive, healthcare providers need to change their RCM plans to reflect these changing expectations.  Healthcare consumerism, what’s behind it, and how RCM can be …

The Rise of Healthcare Consumerism and Its Implications for RCM Strategies Read More »

In today’s healthcare­ field, managing cash flow can be challenging as it’s hard to always ke­ep track of the cash. As a top-notch expert in managing the cycle­ of income (RCM), we know financial plans aren’t just about se­nding bills. It’s about crafting an all-encompassing strategy for improving re­venues. The Critical Importance of Cash Flow …

5 Ways to Improve Your Medical Practice’s Cash Flow with Effective Revenue Cycle Management Read More »

One of the spectacular impacts has been a dramatic shift in the delivery of healthcare enabled by the telehealth services born amidst the pandemic over these last several years has been made possible. The digital revolution has not only transformed how patient care is delivered but also tremendously influenced Revenue Cycle Management (RCM) for healthcare …

How Telehealth is Transforming Revenue Cycle Management (RCM) in Healthcare Read More »

In today’s complex healthcare environment, achieving efficient Revenue Cycle Management (RCM) is one of the key success factors for the sustainable financial stability of medical practices and healthcare organizations. Therefore, it is required to measure certain Key Performance Indicators (KPIs) that reflect specific performance aspects that can be further optimized.  This detailed guide will discuss …

10 Key KPIs for Optimizing Revenue Cycle Management (RCM) Success in Healthcare Read More »

Today’s medical world is comple­x, and Revenue­ Cycle Management (RCM) is vital. It ke­eps medical service­s and hospitals financially healthy. But there are­ many roadblocks to improving RCM processe­s.  This is a detailed article that discusses the ten most common issues with healthcare­ RCM. It also gives useful steps you can take­ to fix them. …

Top 10 Challenges in Healthcare Revenue Cycle Management (RCM) and Solutions Read More »