$R1 RCM (RCM.US)$ R1 has been operating in the RCM space for...
$R1 RCM(RCM.US$ R1 has been operating in the RCM space for more than a decade, so it has accumulated a lot of data. The company has identified more than 100 nodes throughout its revenue cycle -- many of which can be addressed through an integrated technology platform, regardless of the health care delivery model (fee-for-service, value-based care, or a combination of them).
Basically, there are two main reasons for RCM's inefficiency :(1) too many single point solutions that are not integrated effectively; (2) Organizational island effect leads to duplication of work and poor execution. In addition, the low-skill nature of many tasks also leads to high staff turnover, making it difficult to improve operations across the board. R1's fully outsourced integration platform addresses both of these issues and can be accelerated and enhanced by leveraging artificial intelligence and automation.
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