The healthcare technology market has drastically changed over the decade. The transition from fee-for-service to value-based payment models, declining hospital admission rates, Physician Quality Reporting System (PQRS) penalties, and escalating healthcare costs—all have contributed to the shrinking revenue figures in the healthcare sector. Today, to compete in this environment that demands clinical and operational efficiency, healthcare providers need to ensure that their financial operations that directly impact revenue generation capabilities are running efficiently.
A well-managed revenue cycle management (RCM) system serves as the backbone to a healthcare providers’ financial health, as it can assess, optimize, and manage all components in obtaining patient clinical information, while creating a simplified, integrated workflow to ensure hassle free claims approval. Since, these processes run the show on the financial end of healthcare, RCM solution providers are driving innovation with their copious solutions.
Our selection panel has evaluated hundreds of Revenue Cycle Management Solution providers based on their ability to assist CIOs and enterprise holders overcome the challenges in the sector and to help companies choose the perfect Revenue Cycle Management Solution.
We present to you 10 Most Promising Revenue Cycle Management Solution Providers 2016.
