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Efficient patient payment collection in healthcare is not a new concept. It has been a revenue cycle management (RCM) focus of provider organizations for many years. Despite advances in the approach, getting right the navigation of complex financial systems while optimizing the payment collection process remains a key priority for RCM leaders. This blog delves into the challenges healthcare providers face, explores effective strategies for improving patient payment collection, and highlights the benefits of a streamlined approach.

Last month, ImagineSoftware hosted its annual client conference, welcoming customers, partners, and industry leaders to San Antonio, Texas for the opportunity to learn and connect around all things Imagine. In addition to the exciting launch of ImagineOneTM, as well as sessions focusing on the latest technology advancements in revenue cycle management (RCM) software, general discussion also centered around the many challenges today’s healthcare organizations from across the country are facing.

As professionals in the healthcare industry, it is important to stay aware of the most innovative technologies available. At this year's ImagineSoftware Client Conference, Data Media Associates (DMA) welcomes you as a Platinum Sponsor and invites you to experience their leading patient statement delivery solutions. DMA is widely recognized for delivering a reliable and hassle-free experience in managing payments.

If you’re a medical billing professional, traditional point-solution technology for claims processing, denial management, and patient payment solutions are most likely very familiar to you. However, with the current trends in healthcare technology combining to include a rise in artificial intelligence and machine learning, providers now have access to innovative, all-in-one IT platforms that are revolutionizing their workflows.

When it comes to running a successful medical practice, nothing impacts the bottom line more than managing your revenue cycle. Not only can efficient management of this process help maximize income and minimize losses, but there are also various tax benefits associated with having a healthy revenue cycle.