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Optimizing Revenue Cycle Management with RPA

Optimizing Revenue Cycle Management with RPA

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Healthcare Business Review | Tuesday, February 15, 2022

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Robotic Process Automation (RPA) is a method of assisting employees in streamlining their workflows. This can be beneficial to a healthcare organization in a variety of ways


Fremont, CA: Robotics Process Automation (RPA) is a type of automation that employs bots, or robots, to perform tasks previously handled manually. This type of technology has been around for quite some time. It improves productivity in manufacturing and other industries. For example, RPA provides exceptional benefits in healthcare, particularly in terms of revenue cycle management (RCM).


RPA ensures that the billing and claims process is precise and error-free. Human error can cost an organization wasted person-hours to resolve the issue and may even lack payment for services. One of the reasons RPA is an excellent fit for many areas of healthcare, from billing and coding to scheduling and charting, is increased efficiency.


The Advantages of RPA in Revenue Cycle Management


Because there are so many intricate parts of the process that must all be handled precisely, RPA provides excellent benefits for RCM. Keeping this in mind, human error can be highly damaging to your organization's billing and claims cycle. RPA eliminates errors caused by incorrectly keyed data and simple human errors. RPA also allows these processes to move more quickly. 


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