AI and Automation Are Reshaping Revenue Cycle Management

<p>Anurag Mehta, Chief Executive Officer and Cofounder at Omega Healthcare, has seen a 10-20% increase in human productivity through AI in revenue cycle management (RCM), and expects at least another 20% improvement over the next couple of years. In our recent interview, Mehta describes the current stresses in healthcare RCM and where AI can help.</p><p>When you improve RCM, Mehta says, you improve profits in two ways: by handling bills more efficiently and by getting higher reimbursements by avoiding errors. Thanks to traditional techniques known as robotic process automation (RPA) and the latest AI, you can check 100% of submissions and prior authorization requests rather than just a small subset. Plus, for provider organizations, improved profitability also leads to better credit ratings and further savings.</p><p>Learn more about Omega Healthcare: <a href="https://www.omegahms.com/" target="_blank" rel="noopener noreferer">https://www.omegahms.com/</a></p><p>Healthcare IT Community: <a href="https://www.healthcareittoday.com/" target="_blank" rel="noopener noreferer">https://www.healthcareittoday.com/</a></p>