RevCycle Intelligence February 27, 2024
Robotic process automation (RPA) saves practices money and time by automating manual, repetitive tasks within revenue cycle management.
Revenue cycle management technology comes in all shapes and sizes depending on a healthcare provider’s goals. One of the more popular forms of technology in RCM is robotic process automation (RPA).
RPA is a technology that leverages bots or programs to imitate how a human would interact with software to complete high-volume, repeatable tasks, such as logging into applications, entering data, and copying data. For this reason, RPA has been a highly sought-after technology for RCM optimization.
Revenue cycle management involves a series of administrative and financial processes to manage the healthcare organization’s revenue stream, from patient registration to final payment for...