healthcaretechoutlook
| | October 20176UTLOOK Healthcare Tech Copyright © 2017 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.OCTOBER - 2017Mailing AddressValleyMedia Inc.44790 S. Grimmer Blvd Suite 202, Fremont, CA 94538T:510-230-0395, F:510-894-8405 OCTOBER - 2017, volume 03 - 09 Published by ValleyMedia, Inc. To subscribe to HealthcareTech OutlookVisit www.healthcaretechoutlook.com Managing EditorAlex D'souzaEditorial StaffSalesAaron PaulJoe PhillipRussell ThomasEileen SinghJustin SmithKathy ArnoldVisualizerJeevan JyothiRevenue Cycle Management SpecialRichard Watsonrichard@healthcaretechoutlook.com 510 230 0395UTLOOKHealthcare Tech UTLOOKHealthcare Tech EditorialAlex D'souzaManaging Editoreditor@healthcaretechoutlook.comThe benefits of technology in healthcare are simply undisputed; much of the recent progress seen in the medical field has only technology innovation to thank. Nonetheless, the recent guidelines set by evolving healthcare regulations along with compliance regulations and the lack of trained professionals are making the role of CIOs and CFOs challenging. Amidst these challenges, to effectively tackle the complexities involved in revenue generation and management, many companies are pushing towards robust Revenue Cycle Management (RCM) solutions.RCM processes range from the first step of determining patient eligibility to the last step of following up on denied claims. Apart from helping boost the revenue, it reduces the bad debt write-offs, given that the organization has proper revenue cycle processes and workflows in place. This makes the clear understanding about the operation of RCM, a topmost priority for companies. Besides tracking patient-specific financial transactions and simplifying the billing and collection cycles, RCM also fills in the gap between the business and clinical sides of healthcare. Organizations may further check for signs of improvement in its revenue cycle by producing corresponding reports. Automation of several incumbent manual processes is a trend to look out for in the most recent of months. Nevertheless, the core focus of RCM would remain on providing a revenue cycle overview of the entire organization for strategic decision-making. This justifies the pressing need for CFOs to find all-inclusive RCM solutions in order to amplify the competence of their respective company's billing procedures. We bring to you a listing of Top 10 Revenue Cycle Management Solution Providers to help you identify the players that stay pertinent to the growing needs in the medical industry, while presenting sufficient proficiency in revenue cycle management. Let us know your thoughts.Where Business Meets Healthcare*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staff
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