RCM tip of the day: Integrate IT & RCM functions

Revenue cycle management and IT are increasingly moving toward one another to become an integrated service.

Advertisement

Asif Ahmad, CEO, Anthelio: It should become the industry standard to integrate IT and revenue cycle management. Vendors have to follow through. Force drives the change. IT is still to most people is an infrastructure service, but it isn’t. Hospitals and health systems are struggling to integrate revenue cycle and IT. The vendors are struggling too, but customers are pushing for it. It is just starting, but the revenue cycle expertise alone will not stand.

If you would like to share your RCM best practices, please email Carrie Pallardy at cpallardy@beckershealthcare.com to be featured in the “RCM tip of the day” series.

More articles on finance issues:
5 latest RCM company updates
Average cost per inpatient day across 50 states
ACA sign up rules to be more strict to control costs

At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.

Advertisement

Next Up in Financial Management

  • Baylor College of Medicine and Texas Children’s Hospital established an affiliation more than 70 years ago in the Texas Medical…

  • Fitch revised Ontario, Calif.-based Prime Healthcare Services’ outlook to positive and affirms its “B” rating.  The revised outlook reflects Fitch’s…

  • Brentwood, Tenn.-based Lifepoint Health, a health system owned by private equity firm Apollo Global Management, has largely grown over the…

Advertisement

Comments are closed.