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The ultimate goal is to streamline documentation and coding in the mid-revenue cycle.
The organizations will form a joint task force to evaluate and accelerate potential AI projects and opportunities.
"Health systems have reason to worry," says consultant Michael Abrams of Numerof.
New AI startups are facing difficulty getting off the ground even as the industry leans hard into the technology.
Most CFOs are not looking to technology or AI as a solution, says new HFMA report.
It's the second consecutive month in which operating margins tightened, Strata's data shows.
Executives' highest priority for revenue cycle investment is technology, such as AI, automation and machine learning.
CFOs want value-based contracts with commercial plans as the payer mix changes to one more heavily dependent on Medicare and Medicaid.
Akron Children's Hospital gets half its reimbursement from Medicaid, with all health systems facing a changing payer mix.
Mike Vigo, chief revenue officer at UCSD, addresses the "Revenue Cycle Management Technology Adoption Model" at HFMA.
