Hospital management giant Universal Health Services is changing out its legacy revenue cycle management system for Millennium Revenue Cycle from the Cerner.
The step could signal the start of a latest wave of RCM work in healthcare, a market emphasis that analysts figure is a multi-billion dollar opportunity.
“Revenue cycle is a front-burner problem once again,” Piper Jaffrey analysts Sean Wieland and Nina Deka wrote in a day of March 31 brief.
Furthermore, a latest research by medical claims clearinghouse Navicure summarized that 66% of hospitals plan to concentrate on revenue cycle operations now that the transformation to ICD-10 is done and meaningful use is waning.
Among the vendors who stand to acquire the most are the big ones – Epic, Meditech, McKesson and Cerner.
No comments:
Post a Comment