Leading health care delivery organizations and best in class revenue cycle departments are seeing significant improvements in bottom line results. This is enabled with the promise of RPA to enhance productivity, reduce costs, and allow an organization to grow without adding resources:
RPA offers three key benefits for revenue cycle management:
- Processing Information via Intelligent Machine-driven Process
- Uniform Application of Performance via RPA
- Centralizing Approval mechanism
These new technologies and approaches has resulted in solving some of the most intractable and labor intensive processes in Accounts Receivables. Application to upstream revenue cycle processes such as patient registration, coding and manually driven billing processes are also amenable to RPA applications.
