Next-gen revenue cycle to refine value-based care with AI, advanced analytics

That's something all healthcare organizations must do, and do well, especially during a period of changing financial models and expectations. Revenue cycle management systems are bread and butter when it comes to what healthcare organizations need in health IT. But the next generation features and functions of revenue cycle management systems may be anything but ordinary, according to experts. For one thing, expect next-generation revenue cycle management systems to boast quite advanced analytics, said Kellye Sherbet, president of RCM services at Aprima Medical Software, which markets EHR, practice management and revenue cycle management systems for medical group practices. "Healthcare organizations require sophisticated analytics to perform a deep dive into their information and look at the margins for ancillary services provided," Sherbet said.