the healthcare finance world saw an abundance of change and uncertainty in 2017. In the face of payment reform and political debates, healthcare leaders focused on ensuring their organizations built a strong healthcare revenue cycle management foundation that could withstand any possible ...
R1 RCM Inc. provides technology-driven solutions that transform the patient experience and financial performance of hospitals, health systems, and medical groups. It offers end-to-end revenue cycle management (RCM) services, which address the spectrum of revenue cycle challenges faced by healthcare ...
Over one in five revenue cycle leaders handle their own inpatient revenue cycle management (RCM) operations but have turned to outsourcing for some ancillary and outpatient RCM processes, according to a study conducted by the Healthcare Financial Management Association (HFMA). The re...
RCM Technologies, Inc. (Nasdaq: RCMT) is a business and technology solutions provider with world-class talent in key market segments. We help design, build, and enable the Industries of Tomorrow, Today. Operating at the intersection of resources, critical infrastructure, and modernization of indus...
Some payers take a “pay and chase” approach, which means they first focus on paying the claim and review it later, which can result in duplicate billing, said Rebecca Barnes, a product line manager at revenue cycle management companyAvaility, in a phone interview. ...
Even insured patients now represent 60% of bad debt accounts, leaving 18%–35% of Americans with medical debt in collections. Moreover, persistent labor shortages — 90% of revenue cycle leaders report they are experiencing a labor shortage — only make account servicing harder and more costly....
The two thoughts, they’re the one, it’s the classic innovators cycle, right? Like the big groups are too entrenched. And they can’t risk their current business to go into something new. So that’s where these new players come in and say, Hey, I don’t have that ...
RCM Technologies, Inc. (Nasdaq: RCMT) is a business and technology solutions provider with world-class talent in key market segments. We help design, build, and enable the Industries of Tomorrow, Today. Operating at the intersection of resources, critical infrastructure, and modernization of indus...
Kevin Miller, Chief Financial Officer of RCM Technologies, commented, “We believe our strong cash generating business model and clean balance sheet afford us the ability to invest in value accretive growth throughout the economic cycle. Considering normal third quarter seasonality, we believe we are...