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The increase in government initiatives to boost the adoption of revenue management solutions (RCM) has resulted in the increase of robust models that reduce revenue loss due to improper billing. In the wake of the industry-wide shift to a more value-based structure, healthcare institutions are currently prioritizing on the patient financial experience through price transparency, thereby bolstering the engagement between patients and their providers, and eventually enhancing the overall collections performance. Hence, healthcare firms are opting for more sophisticated systems and outsourced third-party revenue cycle management processes that fix inconsistencies related to regulatory compliance, lost revenue, collections provider, and poor denials management. Besides, in order to reduce unpaid claims, improving point-of-sales connections, maintaining healthy accounts receivable, and reducing inefficient coding and billing processes, technology-powered RCM solutions are gaining traction.
To help leaders navigate through the list of revenue cycle management solution and services, our panel comprising CEOs, CIOs, VCs, industry analysts, and the editorial board of Healthcare Business Review has narrowed down the top solution providers and services company in this landscape that exhibit competence in delivering robust revenue management solutions and innovations. Equipped with innovative technological capabilities, these enlisted solution providers and services companies are transforming the telecommunication paradigm at the cloverleaf of various disruptive technologies. Besides, the magazine comprises insights from subject-matter experts, CIOs, and CXOs in the healthcare business sector on the latest industry trends, best practices, recent innovations, and highlights their expertise. We hope this issue of Healthcare Business Review helps you build the partnership you and your organization need to foster an environment driven by robust and efficient technology.
We present to you Healthcare Business Review’s “Top 10 Companies Providing Revenue Cycle Management Solutions - 2021
FrontRunnerHC is at the forefront in providing ground-breaking technologies to meet the dynamic healthcare revenue cycle management (RCM) requirements. Founded in 2010, the company helps clients maximize reimbursements and improve patients’ billing experience with SaaS solutions that ensure reliable patient demographic, insurance, and financial information. What gives FrontRunnerHC an extra edge is its business model built around three pillars—innovation, collaboration, and agility
Allscripts has solutions to help to respond, recover and future-proof your organization in times of crisis
The company cloud-based and on-premises solutions deliver measurable financial and clinical results for healthcare organizations of all shapes and sizes
Availity is the place where healthcare finds the answers needed to shift focus back to patient care. By solving the communication challenges between healthcare stakeholders, Availity creates a richer, more transparent exchange of information among health plans, providers, and technology partners
Cerner is the leading U.S. supplier of health care information technology solutions that optimize clinical and financial outcomes
Craneware is the leader automated value cycle solutions that improve financial and operational performance for healthcare organizations
eClinicalWorks was founded in 1999 with a simple goal: Rid doctors’ offices of paper and make every connection providers need — to pharmacies, labs, and supply chains
Experian unlocks the power of data to create opportunities for consumers, businesses and society
A leader in healthcare analytics, MedeAnalytics helps organizations make even smarter decisions
The company solutions help empower patients to take control of their health to improve outcomes and increase loyalty