As 2025 approaches, the healthcare sector is undergoing transformative changes with Artificial Intelligence (AI) and Robotic Process Automation (RPA) increasingly becoming essential in advancing medical billing processes. AI encompasses technologies that simulate human cognitive processes by machines. These processes include learning (using data to inform actions), reasoning (using rules to reach conclusions), and self-correction. Particularly, […]
Category: RPA
Addressing Underpayment Challenges with Precision: How Technology Identifies and Resolves Payment Variances
Underpayments pose a persistent challenge in healthcare billing, impacting the revenue cycles and operational efficiency of healthcare providers. This blog delves deeper into various strategies and technologies that healthcare providers can employ to minimize underpayments effectively. Understanding and Preventing Underpayments The first step in tackling underpayments is understanding their origins, which often include coding errors, […]
Embrace Efficiency:
Six Ways Automation Transforms Medical BillingĀ
In the intricate world of healthcare revenue management, the difference between thriving and merely surviving often hinges on the efficacy of your billing processes. Did you know that poor billing practices cause doctors in the US to lose an estimated $125 billion dollars each year? Automation stands as a beacon of progress, offering a multitude […]
A New Best Practice: How RPA Will Revolutionize Your Revenue Cycle Management
If you follow technology advances in healthcare administration, you’ve probably read about Robotic Process Automation, or RPA, and how it’s revolutionizing revenue cycle management. Because RPA is viewed as ‘new,’ it’s often marketed as a separate technology, an add-on so to speak. However, a few billing and management solutions, such as PhyGeneSys, have always offered […]