| | September 20156UTLOOK Healthcare Tech CIOReview's circulation is audited and certified by BPA International (Audit Pending). Copyright © 2015 Valley Media 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.SEPTEMBER - 2015Mailing AddressValley Media Inc.44790 S. Grimmer Blvd Suite 202, Fremont, CA 94538T:510 230 0396, F:510-894-8405 September - 2015, volume 01 - 09 Published by Valley Media Inc. To subscribe to HealthcareTech OutlookVisit www.healthcaretechoutlook.com Managing EditorAlex D'souzaEditorial StaffSalesEileen SinghJoe Philip Laura PintoMatthew JacobMerlin ThomasMerlin WatsonSarah FernandesTony FernandesVisualizerStephen ThomasRCM SpecialRon Adamron@healthcaretechoutlook.com 510 230 0395UTLOOKHealthcare Tech UTLOOKHealthcare Tech EditorialAlex D'souzaManaging Editoreditor@healthcaretechoutlook.comWhile technology is streamlining a multitude of operations in the healthcare sector, the uncertainties surrounding ongoing implementation of Affordable Care Act is giving Chief Financial Officers (CFO) in the industry a difficult time. Combined with other compliance regulations, blurred payer-provider relationship, and lack of trained professionals, healthcare organizations have realized the incapability of traditional billing software, resulting in loss of revenue. In this light, many have turned towards Revenue Cycle Management (RCM) solutions; however, a comprehensive understanding of the operation of these complex applications is imperative for organizations. In addition to increasing the revenue stream, RCM solutions also play a major role in assisting the migration to ICD-10 (International Classification of Diseases) in the U.S. The introduction of ICD-10 means healthcare organizations can harness the massive influx of generated data to streamline processes and make smarter, more strategic business decisions to optimize their revenues cycle. However, there is a need to ensure the smooth transition into this new code set for precisely billing the patient for a particular disease. These codes are only one part of the problem for CFOs. There is also an increase in patient out of pocket expenses combined with co-pays which place the onus on healthcare facilities to ensure that these financial responsibilities are met. An all-encompassing RCM solution is what the CFOs are increasingly looking at, which will enable them to increase the efficiency of their medical practice's billing operations. These RCM solutions also effectively tackle the menace of denied claims and denial management by reducing lost reimbursements and bringing efficiency in collection of unpaid claims. In this scenario, our editorial team analyzed a host of vendors to come up with the cogent list of Top 10 RCM Solution Providers. These vendors have shown enough tenacity to stay relevant in the ever evolving healthcare industry, and house enough expertise in the field of healthcare and revenue cycle management. Let us know how you are delivering value based healthcare utilizing technology, while complying with regulations. Streamlining the Business Aspect of Healthcare
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