Revenue cycle automation has been a process, not a destination for Columbia Orthopaedic Group, and so far, automated financial clearance and A/R workflows have improved efficiency.
Revenue cycle management is ripe for innovation and disruption, according to the majority of respondents to a survey recently conducted by market research firm KLAS and the Center for Connected Medicine. Yet, providers continue to face barriers, such as fragmented technology and even a lack of available solutions, the survey found.
How to Get Started with Revenue Cycle Workflow Automation
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Margin is the key to success in healthcare. You cannot maximize it without real-time metrics in your revenue cycle. Take the 3 minute quiz to find out your Effective Intelligence Quotient (EiQ).
Explore the journey Rebound Orthopedics & Neurosurgery, a 75-provider group, took to lay the foundation for Effective Intelligence, improving net collection rate and reducing avoidable write-offs.