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Navigating Administrative Burdens in Revenue Cycle Management: Insights from Becker's Conference

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Strategies for Addressing Administrative Burdens in Revenue Cycle Management

At RapidClaims, we're thrilled to announce our participation in the Becker's Health IT + Digital Health + RCM Conference, with a particular focus on the session "How to Tackle Administrative Burdens in Revenue Cycle." This session, scheduled for Thursday, October 3, 2024, from 10:40 AM to 11:20 AM, will be an invaluable opportunity for healthcare leaders and innovators to delve into strategies for optimizing revenue cycle management (RCM).

Addressing Administrative Burdens in RCM

Administrative burdens in RCM can create significant challenges for healthcare organizations, often resulting in inefficiencies, increased costs, and diminished patient satisfaction. This session aims to provide practical insights and new potential strategies for streamlining RCM processes and improving overall financial performance.

Expert Panel

The session will be moderated by Jakob Emerson, Associate News Director at Becker's Healthcare, and will feature:

  • Kris Seymour, Director of Transformation and Project Management Operations at WellStar Health System
  • Ted Syverson, Vice President and Chief Revenue Cycle Officer at University of Kentucky King's Daughters
  • John Holstein, Director of Business Development at Zotec Partners
  • Angel Islas, Director of Finance - Surgery at Montefiore Health System

These experts will share their knowledge on leveraging technology to enhance patient experience and achieve cost savings.

Key Takeaways

Participants will gain insights into:

  1. Actionable Strategies: Effective methods for managing administrative burdens in RCM.
  2. Best Practices in Automation: Successful examples of automation and how to implement them and use them effectively.
  3. Enhanced Patient Experience: Creating patient-centric RCM processes that improve satisfaction.
  4. Cost Savings and ROI: Techniques for measuring and maximizing financial impact.

RapidClaims' Role

As an AI-first company, RapidClaims is committed to transforming medical coding and documentation through our flagship products, RapidCode and RapidRisk. Our AI-driven approach offers significant advantages over traditional Computer-Assisted Coding (CAC) solutions, including efficient learning, adaptive intelligence, and transparent decision-making. This ensures better accuracy, compliance, and cost-effectiveness in medical coding, which aligns with the session's focus on improving RCM processes.

We look forward to engaging with industry leaders and discussing how AI can further streamline RCM.

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