Becker's Healthcare June 3, 2024
From a New York City hospital striking a 10-year agreement with Med–Metrix to R1 RCM allowing its two biggest shareholders to discuss a potential joint buyout of the company, here are seven RCM headlines to know from May:
1. The Brooklyn Hospital Center in New York City entered into a 10-year partnership that will make Med–Metrix its exclusive revenue cycle management services provider.
2. Waystar launched its initial public offering May 28 and with the goal of raising around $1 billion.
3. The final denial rate on inpatient claims increased 51% between 2021 and 2023, according to a May 21 report from Kodiak Solutions.
4. Chicago-based CommonSpirit is taking a harder line with payers...
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