Becker's Healthcare March 14, 2025
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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