Healthtech investors have shifted their strategies and priorities during this span, according to the report. Investors are now prioritizing proven business models that have a “demonstrated track record of healthy liquidity and sustainable revenue and profit.”
Deloitte said revenue cycle management is one of the six priority areas for healthtech investors. The consulting firm said that increased use of artificial intelligence by payers — especially in prior authorization and utilization management — has led to more claims denials for health systems and clinicians. An increasing number of providers have responded by also turning to AI and automation to reduce claims-processing issues, improve revenue cycle efficiencies and decrease denials.
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.