Revenue cycle management
Funding from the venture capital firm's Customer Value Fund will allow Commure to accelerate its expansion in healthcare without ownership dilution.
The company will use the funds to enhance the development of its AI capabilities and for commercial growth.
The company will use the funds to expand its customer relationships with provider groups.
AI and automation revenue cycle management tools will be accessible to 160,000 physicians.
Call centers are revenue-generating tools for healthcare facilities, rather than expense centers. AI can be used for workforce management to project volume fluctuations, says Yuriy Kotlyar, cofounder and CEO of American Health Connection.
Malınka Walaliyadde, CEO and cofounder of AKASA, discusses the advancement and current views on artificial intelligence and tuning generative AI for use to improve the coding process in healthcare and revenue cycle management to support ROI.
The company will use the funds to help expand EMR and RCM business for outpatient therapy clinics.
HIMSS24
Ryne Natzke, chief revenue officer at TrustCommerce, a Sphere company, explains how the company now allows patients to pay with digital wallets and integrates all payments into healthcare staff’s workflows to prevent billing errors.
Increasing yield and reducing cost to collect are among the reasons hospitals outsource their RCM, says Ensemble Health Partners CTO Grant Veazy.
HIMSS23
Trent Sanders, VP of healthcare, U.S., at Kyndryl, previewing his HIMSS23 presentation, talks about avoiding technology bottlenecks in the revenue cycle processes to improve employee engagement, drive increased revenue and reduce costs.