BC Advantage - 2024 Issue 7

AI Is Going to Transform Provider Revenue Cycles, HFMA Conference Attendees Told

More than 3,500 people at the Healthcare Financial Management Association (HFMA)'s annual conference in late June heard from multiple speakers and panelists about the transformative potential of artificial intelligence (AI) and other innovative technologies in healthcare finance.   Yet attendees of the Las Vegas conference were also reminded of the ongoing importance to healthcare finance departments of operational best practices that help ensure optimal efficiency and data security.   Stabilizing the revenue cycle in the face of chronic understaffing and thin provider margins through the deployment of AI and automation was a theme that particularly resonated among healthcare...

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