What You Should Know:
- The KLAS Revenue Cycle Management Summit 2024 brought together 117 revenue cycle management (RCM) leaders to address pressing challenges, explore emerging technologies, and enhance cybersecurity in healthcare.
The KLAS Revenue Cycle Management Summit provided healthcare leaders navigating the evolving RCM landscape with practical solutions and best practices for optimizing revenue cycle operations.
Top RCM Challenges and Solutions
Summit attendees
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Health IT | News, Analysis, Insights - HIT Consultant
Transforming The Contact Center Into A Value-Based Care Engine
The most effective way to reduce the amount of money our country spends annually on healthcare – which now exceeds $4.1 trillion – is to help people avoid becoming sick in the first place. That’s the fundamental premise of value-based care (VBC), which focuses on improving patient outcomes and quality of care while driving down costs.
VBC is great in intent and theory, but many provider organizations today are struggling to meet the quality and financial metrics stipulated under these
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Unlocking Value-Based Care Through Accurate Provider Data
There’s no better illustration of the healthcare system’s data problems than this: 80% of entries in the nation’s five largest health plans were inaccurate as recently as last year. With a majority of patients relying on their health plan’s provider directory to select a physician, it’s not hyperbole to say incorrect provider data is dragging the entire industry down.
How can value-based care be realized when patients can’t find the provider information they need? Something as small as
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New Orleans Saints Partner with PatientPoint to Enhance Player Health and Performance
What You Should Know:
- The New Orleans Saints are excited to announce a new partnership with PatientPoint, the trusted leader in patient and provider digital health engagement for over 35 years.
- This program will deliver customized nutrition and sports medical content through PatientPoint’s interactive devices in their practice and training facilities.
Empowering Health and Performance: PatientPoint® Partners with the New Orleans Saints and Launches Sports
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Could AI Revolutionize the Physical Exam? New Study Explores LLMs as Physician Aids
What You Should Know:
- A new study published in the Journal of Medical Artificial Intelligence explores the potential of large language models (LLMs), like GPT-4, to act as valuable tools for clinicians.
- Study author Marc D. Succi, MD, strategic innovation leader at Mass General Brigham Innovation, and his team investigated the use of GPT-4 in recommending physical exam instructions based on patient symptoms. For example, if a patient presented with a painful hip, GPT-4 would
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Managed Print Services: A Cure for Healthcare’s Printing Headaches?
Despite advances in digital applications, healthcare organizations generate a host of printed documents daily, from patient forms to disclosure agreements to labels and more. The healthcare industry is a heavy user of printing services, with print usage increasing 28% from the peak of the pandemic and continuing to grow at a 5% rate each year. Because of this, print assets must be dependable, as any downtime directly impacts employee productivity and patient experience. The overwhelming number
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CentralReach Launches 2 AI Solutions to Maximize Clean Claims
What You Should Know:
- CentralReach, a provider of Autism and IDD care software, is transforming revenue cycle management (RCM) with the launch of two innovative AI-powered solutions: CR ClaimCheckAI™ and the upcoming CR ClaimAgentAI™.
- The AI tools address critical challenges faced by ABA and multidisciplinary organizations, such as increasing profitability and optimizing cash flow, despite staffing shortages and financial constraints.
CR ClaimCheckAI: Intelligent Claims
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Overcoming the Biggest Challenges in IT System Integration
Integrating disparate IT systems inside an organization can be akin to trying to get a crew of people who don’t speak the same language to row a boat together – extremely difficult. There are so many obstacles to overcome when trying to get these systems to work together smoothly, from working with systems using completely different data formats and APIs to having to comply with regulatory issues.
Upfront, it can be overwhelming. While it’s possible to overcome these hurdles to integration
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Culina Health Raises $7.9M for Personalized, Virtual Nutrition Care
What You Should Know:
- Culina Health, the digital platform that makes clinical nutrition care inclusive and accessible for everyone, announced today that it has raised a $7.9 million Series A funding round on the strength of 117 percent year-over-year growth and exceptional patient engagement and clinical outcomes.
- The round brought Culina Health’s total capital raised to $20 million, led by Healthworx, the innovation and investment arm of CareFirst. The investment underscores
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Remodel Health Raises Over $100M to Expand ICHRAs
What You Should Know:
- Remodel Health, a provider of Individual Coverage Health Reimbursement Arrangements (ICHRAs), has announced a significant growth funding round of over $100M. ICHRAs offer employers predictable annual benefits costs, providing stability and potential cost savings compared to traditional group health insurance.
- The investment, led by Oak HC/FT and Hercules Capital, will support Remodel Health's continued expansion and innovation in the ICHRA
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