Here’s a sampling of the recent articles R1 revenue cycle experts are reading:
Healthcare IT New
Vast majority of top healthcare execs betting on AI for rev cycle efficiencies
Healthcare revenue cycle leaders see artificial intelligence as a core enabler of financial performance and patient-centric care. A new survey shows those leaders expect it to become fundamental to how health systems think about care quality, patient outcomes and market competitiveness.
Becker’s Hospital Review
House Republicans release Medicaid cuts proposal
House Republicans have introduced legislation mandating Medicaid work requirements nationwide as well as stricter eligibility requirements. The bill emerged from committee as part of a broader budget package and aims to cut federal healthcare spending by hundreds of billions of dollars over the next decade.
Globe Newswire
Medical billing market size to hit $41.32 Billion by 2032
The global medical billing industry is transforming healthcare finance through automation, cloud adoption, and outsourced revenue cycle management. Healthcare financial services is experiencing robust growth because of expanding healthcare expenditures, rising demand for electronic healthcare services, and the complexity of coding and billing systems. Trends in revenue cycle management (RCM) solutions and outsourcing are also fueling market growth.
Tech Target
RPA to Gen AI: How AI in revenue cycle management is evolving
Revenue cycle management is one of the strongest use cases for artificial intelligence in healthcare. AI in revenue cycle management has helped healthcare providers reduce claim denials and even prevent them in the first place. These solutions have also been associated with faster and more accurate data collection for claims, optimized medical coding and streamlined prior authorizations. Providers are also seeing the benefits of AI despite operating with smaller teams amid workforce shortages.