Becker's Healthcare November 1, 2023
From Olive AI announcing it is shutting down, to Tenet’s CEO calling payer denials “excessive and inappropriate,” here are eight revenue cycle management updates Becker’s reported in October:
1. Olive AI, a healthcare RCM company, is selling off the last of its units to Waystar and Humata Health and shutting down.
2. Tenet Healthcare CEO Saum Sutaria, MD, said the Dallas-based, for-profit system is concerned about the “degree of denial activity that [they] see from some of the health plans.”
“We think it’s excessive and inappropriate,” he said on the company’s Oct. 30 third-quarter earnings call.
3. Conifer Health Solutions saw net operating revenues of $315 million in the third quarter of 2023, down from $333 million...
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