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Written by: Eve Liam The evolving healthcare industry makes the revenue cycle management complex and billing teams need to stay aligned with the latest updates. Likewise, changes in the billing guidelines and technology integration in healthcare makes cardiology medicalbilling challenging.
Revenue Cycle Management (RCM): The Strongest Use Case of GenAI in Healthcare The financial backbone of healthcare, RCM, entails everything from payments and pre-authorization before treatment to reimbursements, compliances, and interoperability with other systems.
The healthcareinformationtechnology (IT) market is expecting a CAGR of 13.2% As healthcare practices come to rely on more technology, one of the areas that has been slow to adopt but has a lot of upsides is payment processes. between now and 2029. All these scenarios impact a practice’s bottom line.
Additional Resources: MedicalBilling Wholesalers - [link] Melvin Miller is an experienced Chief Operating Officer with a demonstrated history of working in the healthcare industry for over 15 years, Satish, a.k.a. Health Insurance Portability and Accountability Act (HIPAA), and Healthcare Management.
Whether you are a healthcare system, revenue cycle services provider, or technology solutions provider, this year will force you to think innovatively, build new delivery frameworks, and create the revenue cycle of the future. Health Insurance Portability and Accountability Act (HIPAA), and Healthcare Management.
Additional Resources: MedicalBilling Wholesalers - [link] Melvin Miller is an experienced Chief Operating Officer with a demonstrated history of working in the healthcare industry for over 15 years, Satish, a.k.a. Health Insurance Portability and Accountability Act (HIPAA), and Healthcare Management.
About the Author Awais Ghaffar has been working as a medicalbilling expert for the past five years with a well-known and reputed medicalbilling services provider Medcare MSO.
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