Becker's Healthcare February 28, 2023
From a Tennessee hospital reporting a RCM vendor data breach, to Olive AI announcing it is unloading its business line to focus on health system RCM, here are 10 revenue cycle management headlines from February to know:
1. Private equity firms took a “significant interest” in revenue cycle management companies in 2022, according to a report from the Private Equity Stakeholder Project.
2. Healthcare artificial intelligence company Olive is cutting its utilization management service line and will focus on health system revenue cycle management.
3. Memphis, Tenn.-based Regional One Health notified patients that some of their confidential information may have been compromised in a data breach that affected its revenue cycle management vendor, Reventics.
4. R1 RCM CEO...