What You Should Know:
- Datavant, a data collaboration platform, and athenahealth, Inc., a provider of network-enabled software and services announced an anticipated partnership aimed at transforming the historically manual and fragmented process of medical record requests and releases.
- By bringing together athenahealth’s market-leading EHR platform with Datavant’s expertise in health data exchange, the companies plan to build a modern, comprehensive infrastructure for data
Read More
Revenue Cycle Management | News, Analysis, Insights - HIT Consultant
The $168B Answer: How AI Can Tame Healthcare’s Untamed Administrative Beast
A quick google (or generative AI) search will pour hundreds of statistics about the dire state of healthcare costs plaguing our nation. Whether it’s the fact that we spend almost 5x as much as neighboring Canada per capita on healthcare administrative costs or that it means every 4th dollar spent is wasted, there are numerous scary statistics we have grown used to reading.
It certainly wasn’t meant to be.
How did a system designed to heal become so broken and smeared in complexity
Read More
Microsoft Unveils Expanded Dragon Copilot: AI Transformation for Nursing and Revenue Cycle
What You Should Know:
- Microsoft unveiled significant AI innovations for its leading clinical assistant, Dragon Copilot, leveraging ambient and generative technologies to enhance the patient journey, reduce workflow burden, and strengthen the financial integrity of healthcare provider organizations.
- The advancements include the industry’s first generally available commercial ambient experience tailored for nursing workflows and new extensibility capabilities that allow
Read More
R1 to Acquire Phare Health: Unifying AI-Native Coding and Clinical Documentation Improvement
What You Should Know:
- R1, a provider of healthcare revenue management automation, today announced an agreement to acquire Phare Health, a technology company specializing in AI-native solutions for inpatient coding and clinical documentation improvement (CDI).
- The acquisition is a significant step in R1’s strategy to comprehensively automate the revenue cycle and move closer to real-time adjudication of medical claims.
Unifying Clinical Documentation and Financial
Read More
Cleveland Clinic Deploys GenAI for Coding and CDI Across Enterprise Powered by AKASA
What You Should Know:
- Cleveland Clinic, one of the top academic medical centers in the U.S., has significantly expanded its partnership with AKASA, a leader in healthcare AI, to deploy an advanced Clinical Documentation Integrity (CDI) solution across all of its U.S. locations.
- The enterprise deployment follows a successful pilot and the system-wide adoption of AKASA’s AI coding tool, solidifying Cleveland Clinic’s position as a pioneer in applying generative AI (GenAI) to
Read More
AGS Health Unveils Agentic AI Solutions to Combat Rising Claim Denials and Margin Pressure
What You Should Know:
- AGS Health®, a strategic growth partner and leading provider of tech-enabled RCM solutions, today announced the introduction of a new suite of agentic digital workforce solutions.
- Powered by AI agents and intelligent automation, these solutions are designed to help healthcare providers navigate the unprecedented strain caused by rising claim denials, severe staffing shortages, and mounting financial pressures.
Market Pressures Driving Urgent Change
The
Read More
Infinx Invests in Voxology AI: Voice-First Automation Transforms Patient Access and Revenue
What You Should Know:
- Infinx, a prominent provider of AI-powered solutions for patient access and revenue cycle management (RCM), announced a strategic investment in Voxology AI, a healthcare technology company specializing in conversational AI agents for the front office.
- The partnership integrates voice-first automation directly into Infinx’s contact center solutions, creating a unified platform that manages both patient-facing front-office workflows and back-office
Read More
Why RCM Performance Hinges on Supporting and Empowering Your Workforce
We talk a lot about improving revenue cycle performance: better workflows, fewer denials, faster reimbursement. And most of the time, the default solution is a new technology, a better process, or another vendor.
As someone who’s spent my career in revenue cycle, and is passionate about building tech that addresses its unique challenges, I can tell you this:
Even the smartest systems won’t fix a workforce that’s disengaged, under-supported, or misaligned.
Great technology is
Read More
Savista Acquires ONCO’s Cancer Registry Services to Establish New Industry Benchmark
What You Should Know:
- Savista, a healthcare revenue cycle management (RCM) services company, has announced the acquisition of the cancer registry services division of ONCO, a trusted provider of oncology data services and technology.
- The strategic acquisition allows Savista to offer healthcare organizations greater end-to-end support, combining its full suite of RCM solutions with enhanced cancer registry services.
Setting a New Standard for Registry Excellence
The
Read More
Healthcare Leaders Prioritize AI and Payer Integration for Reimbursement Resilience
What You Should Know:
- A new survey conducted by Becker's Healthcare and Net Health reveals that healthcare leaders are making strategic technology investments to ensure financial resilience amid ongoing regulatory and reimbursement shifts.
- The survey, which polled 100 health system and hospital CFOs, finance VPs, and clinical technology leaders, highlights that leaders are concerned about payer integration challenges and view Artificial Intelligence (AI) as a key tool for
Read More
