HIT Consultant January 17, 2025
Revenue Cycle Management (RCM) is essential to healthcare operations, yet today’s complex environments add increasing challenges. Too often, providers are in a difficult position to finance care due to growing challenges, such as experiencing over 30% of claims being denied and over a third of accounts receivable aged beyond 90 days, which can lead to a financially unsustainable situation. But there is promising news: Artificial Intelligence (AI) can be a game-changer for RCM. Today, healthcare organizations (HCOs) use AI-powered tools to automate processes, enhance accuracy, and deliver actionable insights to optimize revenue and improve patient outcomes.
AI-driven RCM is a transformative solution that automates repetitive tasks, improves accuracy, and offers actionable insights. It helps HCOs of all sizes streamline processes,...
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