The RCM sector, which has been in a transition phase since the last decade, is at the cusp of reaching its evolution milestone now. Especially with the rise in the out-of-pocket costs of patients and bad debt write-offs within medical practices, organizations are increasingly investing in RCM technology to enhance their offerings to the consumers.
On the other hand, physicians are increasingly consolidating into larger physician groups, hospitals, and health systems to achieve economies of scale, build enhanced healthcare experience, and provide access to better care. They are also investing in wearable technology to facilitate continuous monitoring, combined with an increased application of analytics to enable the total well-being of the patients.
Following the suit, connected healthcare technologies are also playing a critical role in reducing costs, enhancing spend transparency, and offering greater access to healthcare. Today, the main objective of RCM-centered technologies is to facilitate seamless access to care when patients need it and enabling them to pay for the cost of healthcare. We are also witnessing a shift to cloud-based revenue cycle platforms. While numerous players are focusing on speciality niches of RCM, several providers are increasing their investment in analytics to enhance the overall RCM space. Considering all such trends in the marketplace, it is imperative to invest in the latest RCM technologies.
To assist healthcare organizations in the task of finding accomplished RCM solution providers and consulting/service companies, we have compiled this issue of Healthcare Tech Outlook. It is elaborately crafted to assist you in fostering productive partnerships and improving performance. In this edition, we have listed the top 10 RCM solution providers and top 10 RCM consulting/service companies to highlight those making significant contributions to the healthcare sector. This edition also blends through thought leadership articles from subject-matter experts and CXOs. We hope this issue of Healthcare Tech Outlook helps you build the partnership you and your organization need to foster a healthcare realm driven by robust and efficient RCM technology.
We present to you Healthcare Tech Outlook’s “Top 10 RCM Solution Providers - 2020.”