Revenue Cycle Management
Most CFOs are not looking to technology or AI as a solution, says new HFMA report.
Virginia-based health system has selected Ensemble, joining numerous other hospitals that are outsourcing some or all of rev cycle operations.
Denial rates have steadily increased, with providers seeing rejection rates as high as 10% to 15%.
The expectation is AI will be widespread in revenue cycles within five years.
Executives' highest priority for revenue cycle investment is technology, such as AI, automation and machine learning.
