Healthcare Business Review Weekly Brief
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Effective revenue cycle management is at the heart of every healthcare organization’s continuing success. Healthcare providers looking to speed up patient payments and stay ahead of competitors are taking heed of modern revenue cycle management solutions.
With a patient-first attitude, healthcare organizations are using automation to focus more on each patient, both in the examination room as well as online. They are digitizing workflow processes such as booking appointments, processing payments, and handling billing to increase revenue opportunities.
Healthcare organizations are embracing telehealth solutions with full gusto to provide an easier way for patients to schedule appointments, which significantly improves the revenue cycle in the long run. Data analytics is also gaining prominence in the revenue management space. Healthcare staff can predict patient behavior and leverage tracking patterns to identify patients taking a long time to pay their bills.
Machine learning, in concert with payer portals, helps healthcare organizations automates payment posting and improves the process of managing denials. Cloud computing systems make way for storing, analyzing, and accessing fast-moving payment data from any location using a tablet, smartphone, or laptop.
A myriad of revenue cycle management solutions and service providers in the market offers the newest, innovative, and state-of-the-art solutions and services for healthcare organizations across the world. To help leaders navigate through the list of top revenue cycle management solutions and service providers, our panel consisting of CEOs, CIOs, VCs, industry analysts, and the editorial board of Healthcare Business Review presents to you the top companies in this landscape. We took a deep dive into the market trends to narrow down the list of companies that exhibit competence in delivering robust solutions and services. Equipped with innovative technological capabilities, these enlisted solution and service providers transform healthcare at the cloverleaf of various disruptive technologies. We hope this issue of Healthcare Business Review helps you build the partnership you and your organization need to foster an environment driven by efficient technology.
Let us know your thoughts!
Our subscribers nominate the companies with whom they have collaborated and gotten results. If you think there is a company that deserves to be on our upcoming prestigious annual list of Top 10 Revenue Cycle Management Solutions Companies , please write to us about them and the reasons you think they need to be on the list
We provide full-service solutions or individual reimbursement services, our experts work with you to identify challenges, educate your staff on industry changes, and implement best practices to streamline processes and increase your revenue. Our efforts not only strengthen your organization, they improve access to care in your community.
Revenue Enterprises is an industry-leading provider of accounts receivable management services, predominantly to the healthcare industry.
Kris N. Brumley, SVP, COOOur culture is built on ingrained core values combined with constant communication, instant problem resolution, and better care that result in enhanced patient experience
FrontRunnerHC® provides a suite of SaaS solutions that connect seamlessly with existing business technological stacks and billing systems. It gives full, up-to-date patient demographic, insurance, and financial data to laboratories and healthcare
Allscripts is a pioneer in providing healthcare information technology solutions that improve clinical, financial, and operational outcomes. Its cutting-edge solutions link people, places, and data across an Open, Connected Community of HealthTM. Connectivity enables caregivers to make more informed decisions and provide better care to healthier populations
athenahealth develops cutting-edge healthcare technology that links physicians, patients, payers, and partners in novel ways. Its electronic health records, revenue cycle management, and patient engagement solutions are accessible at any time and location, resulting in improved financial outcomes for its customers and enabling the provider customers to provide higher-quality care
Availity Essentials, a free, health-plan-sponsored tool, allows clinicians to communicate real-time information with many of the payers they deal with daily. Availity also offers providers a premium, all-payer solution called Availity Essentials Pro. Essentials Pro can assist in improving revenue cycle performance, lowering claim denials, and capturing patient payments
Cerner’s health technologies link people and information systems at thousands of contracted provider sites worldwide, all aiming to provide smarter and better care to individuals and communities. Cerner, a worldwide innovator, supports doctors in making care decisions and organizations in monitoring the health of their people
Craneware, the pioneer in automated value cycle solutions, works with healthcare providers in the United States to plan, execute, and analyze financial and operational performance so that they may continue to improve outcomes for the communities they serve. Craneware’s Trisus technology integrates revenue integrity, cost control, and decision support into a single SaaS platform
eClinicalWorks is committed to improving healthcare in collaboration with its clients. It provides EHR software for complete clinical recording and telemedicine, population health, patient engagement, and revenue cycle management solutions. They are a privately held company that is motivated by innovation and perfection
NextGen’s products assist patients in taking charge of their health, improving outcomes and increasing loyalty. It makes it possible for professionals to be more productive and engaged. They are committed to promoting seamless information flows by ensuring frictionless interoperability and achieving predictable financial results
