Revenue Cycle Data Analytics

Healthcare globally and especially in the United States is ever changing and requires latest technologies and methods to address today’s challenges in Medical Billing Services. Artificial Intelligence, Machine Learning and Business Analytics are making huge strides in the Healthcare industry from predictive clinical diagnosis to predicting healthcare supplies for the upcoming flu season. On the revenue cycle side, the Business Analytics plays a key role in monitoring the economics of the practice, identifying gaps to increase the revenue while being compliant with the regulations, monitor the productivity of Revenue cycle specialists to adjust the workflow optimizations, etc. The revenue cycle KPIs for each practice and translating those KPIs into the operational functions and deviations is a cumbersome task for a CFO.