Becker's Healthcare March 14, 2025
Andrew Cass

R1 RCM and Palantir Technologies are partnering to launch R37, an advanced artificial intelligence lab dedicated to “revolutionizing healthcare financial performance.”

Four things to know:

1. Administrative costs now account for more than 40% of hospitals’ expenses, with more than $160 billion spent annually on revenue cycle management, according to a joint March 14 news release from the companies.

2. R37 will “drive comprehensive automation in revenue cycle operations, reengineering labor-intensive processes such as coding, billing, and denials...

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Topics: AI (Artificial Intelligence), Partnerships, RCM (Revenue Cycle Mgmt), Technology, Trends
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