Auburn (Ala.) University researchers used data from more than 5,300 healthcare providers to better understand the relationships between clinical and business IT investments and revenue management performance, according to a May 25 news release.
In addition to boosting revenue, the researchers found that implementing one new clinical IT system can decrease uncompensated care ratios by 27.9 percent, and implementing one new business IT system can decrease uncompensated care ratios by 19.1 percent.
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.
