Providers see increased need for revenue cycle management
Improving the revenue cycle continues to be a challenge for healthcare organizations, as pressures mount to efficiently collect payment for services. Provider organizations are continuing to struggle in maximizing their revenue-collection operations, and that’s where revenue cycle management (RCM) technology comes in—to attempt to automate the process of requesting payment.
The shift to value-based care, increased patient pay and a flurry of mergers are creating new challenges for health systems, and many organizations are looking for ways to improve their revenue cycle operations. What follows is a listing of some of the larger companies providing RCM solutions in the healthcare market.