Key Types of Revenue Cycle Technology That Optimize Operations

RevCycle Intelligence July 20, 2023
By Jacqueline LaPointe

Revenue cycle technology takes many shapes and sizes depending on a provider’s need, but the tools have become essential to smooth revenue cycle operations.

The healthcare revenue cycle is a sprawling operation that encompasses patient registration and insurance verification to denials management and patient collections. Provider organizations of all sizes have leveraged revenue cycle management technology to keep operations running smoothly and efficiently.

There is a wide range of technologies that providers use to streamline different parts of the revenue cycle. And providers tend to use several of these technologies as part of their revenue cycle management strategy. A recent survey of healthcare finance leaders found that about 30 percent of organizations use two or more vendors to automate the...

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