Exploring AI (and its ROI) in the healthcare revenue cycle

Renee Miller, VP, Product Management Waystar

In order to survive and thrive, organizations must start leveraging AI in the healthcare revenue cycle. But how, exactly, are successful organizations doing that? What are the barriers to entry? And what kind of ROI is AI delivering now in healthcare RCM?

Join this session to go beyond the hype and unlock real data from the recent study by Modern Healthcare and Waystar. The research reveals the current state of the industry, including these findings:

• 75% of healthcare executives who have deployed AI have seen positive ROI
• 71% of organizations say using AI in RCM increases revenue
• 58% of providers say AI eliminates human error

It also reveals that, even with those positive sentiments, only 3% of organizations are using AI for more than 50% of revenue cycle functions — making the technology a major opportunity for leaders who learn how to deploy it successfully.

Most importantly, we’ll explore what all this data means through true stories of organizations that are using AI now to relieve pressure, increase cash flow, and free up staff to focus on patient care. We’ll even touch on generative AI and how it’s already helping organizations achieve a 99.93% decrease in time to generate preauthorization reports.

Don’t miss this one-stop chance to find out what you need to know about AI in the healthcare revenue cycle right now — in less than one hour.