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Friday, July 19, 2024

Top 10 RCM Solution Providers 2022

Every industry is embracing the developments in these technologies to optimize business processes to meet current difficulties and gain competitive advantage as analytics, AI, and automation become more commonplace. This is where RCM is helping healthcare facilities by effectively dealing with the treatment payment lifecycle, which includes patient registration, claims generation, claims submission to the payer, and revenue collection for healthcare services provided to the patient.

AI is progressively making its way into the RCM. To switch staff to denial management, service providers have enhanced payer portal use, automated payment posting, and automated status. Growing healthcare consumerism has a wide range of effects on how care is provided. This megatrend is entwined with issues like price transparency, no-surprise billing, digital health, branded care delivery systems, and more.

The medical industry is in a transformation phase, and more solution providers are stepping into the space to offer improved and more convenient healthcare services. Our team of researchers, CEOs, CIOs, and healthcare veterans have selected a list of the Top 10 RCM Solution Providers 2022 who are a step ahead of the industry. The companies listed here are on a mission to redefine the way RCM work today.

AccuReg

Management:

Paul Shorrosh

Designation:

Founder & CEO

Headquarters:

Orlando, FL

Website:

accuregsoftware.com

AccuReg has one simple, clear focus: Optimizing the front-end of the revenue cycle. This is the best place to help the RCM industry perform better at a lower cost. In fact, as hospitals are being squeezed to become more efficient, effective and less costly, the front-end is the only place left for the RCM industry to go.

Avality

Management:

Russ Thomas

Designation:

CEO

Headquarters:

Jacksonville,FL

Website:

availity.com

Availity is the place where healthcare finds the answers needed to shift focus back to patient care. We work to solve communication challenges in healthcare by creating a richer, more transparent exchange of information among health plans, providers, and technology partners. As the nation’s largest health information network, Availity facilitates billions of clinical, administrative, and financial transactions annually.

Chartlogic

Management:

Chris Langehaug

Designation:

President & CEO

Headquarters:

Salt lake, UT

Website:

chartlogic.com

ChartLogic offers a full ambulatory EHR suite, including electronic medical record, practice management, medical billing services, e-prescribing, patient portal and more. Although ChartLogic includes hundreds of distinct features, it's the overall charting experience that sets it apart: truly easy, incredibly flexible and super-fast.

FrontRunnerHC

Management:

John Donnelly

Designation:

CEO

Headquarters:

Plymouth, MA

Website:

frontrunnerhc.com

FrontRunnerHC's data automation platform helps healthcare organizations maximize reimbursement while also enhancing their patients’ experience with instantaneous access to patient demographic, insurance, and financial information as early as possible and often as needed. FrontRunnerHC finds, verifies, and fixes patient information in real-time or batch, and at any point during the care journey from registration through payment, leveraging its access to the most payers in the industry. Defining the patient experience as the clinical journey + the financial journey, FrontRunnerHC helps address the challenges that jeopardize both the organization’s ability to get paid and their patients' experience.

ImagineSystems

Management:

Sam Khashman

Designation:

Founder & CEO

Headquarters:

NY,NY

Website:

imagineteam.com

ImagineSoftware is a leading provider of practice management applications and medical billing and automation software. ImagineSoftware is cutting-edge technology for medical billing offices, practices, and hospitals that improves efficiency and while increasing cash by applying high-quality standards to data integrity. committed to innovative development and intelligent automation to help clients achieve peak performance and measurable results.

Pararev

Management:

Jerry Connelly

Designation:

President & CEO

Headquarters:

Downingtown, PA

Website:

pararevenue.com

Parentiv, Inc. is a technology platform provider for parents, therapists, and teachers of special needs children enabling them to collaborate for better therapy outcomes. Pararev team is comprised of parents of special needs kids, autism professionals with decades of clinical experience, and technology professionals who are driven by the desire to create bigger impacts in society by applying cutting-edge technology in the most underserved markets.

Practolytics

Management:

Manik Chawla

Designation:

CEO

Headquarters:

Columbia,US

Website:

practolytics.com

Practolytics is a 20+-year-old healthcare technology and management company. Practolytics provide end-to-end solutions to eliminate revenue cycle management inefficiencies, maximize revenue and consistently deliver optimum results. Practolytics is one of the leading multi-specialty billing companies providing One-Stop Revenue Cycle Management for Healthcare.

Purview Healthcare

Management:

Mihir Mehta

Designation:

Co-Founder & CEO

Headquarters:

Edinburgh, Scotland

Website:

purviewservices.com

Purview is a mix of strategists, creative directors, designers, technologists, developers, and relationship builders. They are committed to creating a vibrant and relevant experience on every level through product and technology capability. Purview is a high yield and technology-empowered Revenue Cycle Management organization that provides medical billing and medical coding services to prime healthcare providers across the United States.

R1 RCM

Management:

Joseph Flanagan

Designation:

CEO

Headquarters:

Murray, UT

Website:

r1rcm.com

R1 is a leading provider of technology-driven solutions that transform the patient experience and financial performance of healthcare providers.R1’s proven and scalable operating models seamlessly complement a healthcare organization’s infrastructure, quickly driving sustainable improvements to net patient revenue and cash flows while reducing operating costs and enhancing the patient experience.

XIFIN

Management:

Lâle White

Designation:

Founder & CEO

Headquarters:

San Diego, CA

Website:

xifin.com

XIFIN is a health information technology company that leverages diagnostic information to improve the quality and economics of healthcare.The XIFIN technology platform facilitates connectivity and workflow automation for accessing and sharing clinical and financial diagnostic data, linking healthcare stakeholders in the delivery and reimbursement of care.

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