Healthcare IT News December 7, 2021
Sourcing, harnessing and leveraging revenue cycle management (RCM) data makes it possible for providers to capture more revenue for both insured and self-pay patients, reduce administrative costs and improve patient outcomes.
By Juli Forde Smith, Director, ZOLL Data Systems
Advancements in data science can be felt throughout our everyday lives. We have the technical capacity to collect huge sums of information, and one area where this data is proving impactful is in revenue cycle management (RCM). The ability to source, harness, and leverage RCM data creates real opportunities to increase dollars collected by health care providers. It offers rich gains in optimized reimbursement, reduced administrative cost, and improved patient experience.
Innovations around patients’ unique financial characteristics are driving RCM performance...
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