Posted By Meduit RCM on Oct 23, 2024 01:00 PM
The introduction of AI to revenue cycle management (RCM) is having a dramatic impact on healthcare systems across the country. By automating and bringing more accuracy, speed and efficiency to mundane tasks, such as processing, coding and billing, AI helps systems reduce costs while accelerating cash flow. As ...
Posted By Meduit RCM on Jul 24, 2024 09:00 AM
“The advance of technology is based on making it fit in so that you don’t really even notice it, so it’s part of everyday life.” – Bill Gates
Posted By Meduit RCM on Aug 11, 2021 12:00 PM
Meduit analyzed results driven by self-service-only technologies compared to a blend of self-service and human-based customer service/call center collections. A case study at a multiple-hospital health system revealed that after one year of self-service technology deployment, total patient cash increased by 13%.
Posted By Meduit RCM on Jun 30, 2021 01:00 PM
High-deductible health plans and the rising cost of care have placed an increased financial burden on patients to pay healthcare providers. Consequently, providers are collecting a decreasing portion of what patients owe. Are self-service patient options the panacea for providers to resolve these cash accounts to ensure their own financial ...
Posted By Meduit RCM on May 11, 2021 06:55 PM
Technology is having a profound impact on the entire healthcare revenue cycles of everything from large health systems and independent hospitals to large physician groups and small practices alike. The types of technologies vary widely, too, from existing tried-and-true technology that is being reapplied in innovative ways to brand new ...
