Medical Economics October 14, 2021
When embarking on a revenue cycle automation project, it’s prudent to crawl before you walk and then walk before you run.
At hospitals and health systems across the country, revenue cycle executives are primarily concerned with ensuring the financial health of the organization. Between managing prior authorization so patients can receive timely care and handling denial claims and navigating new payment models, hospitals are constantly a work in progress on the revenue cycle management side. The job of revenue cycle leaders has grown more challenging year by year and many are searching for ways to optimize RCM processes to achieve greater efficiencies.
Throughout the COVID-19 pandemic, there has been a growing interest in robotic process automation (RPA) solutions due to...