{"id":441837,"date":"2023-02-20T08:20:23","date_gmt":"2023-02-20T13:20:23","guid":{"rendered":"https:\/\/www.billingparadise.com\/blog\/?p=441837"},"modified":"2026-02-24T08:52:56","modified_gmt":"2026-02-24T13:52:56","slug":"hospitals-improve-revenue-through-ehr-rcm-integration","status":"publish","type":"post","link":"https:\/\/www.billingparadise.com\/blog\/hospitals-improve-revenue-through-ehr-rcm-integration\/","title":{"rendered":"EHR RCM integrations Improves Revenue Efficiency in Hospitals"},"content":{"rendered":"
[vc_empty_space]

Hospitals Improve Revenue by Integrating EHR & RCM<\/span><\/h2>\n

Why Integrate EHR and RCM Systems?<\/strong><\/span><\/h3>\n

Electronic health records<\/strong><\/span><\/a><\/span> (EHRs) have become widespread in healthcare systems and hospitals, with adoption increasing over the past 18 years. In 2017, 86% of hospital-based physicians were using an EHR. EHRs are vital for managing patient care, allowing for efficient communication and record-keeping for consistent, high-quality treatment.\u00a0<\/span><\/span><\/p>\n<\/div><\/div>[vc_single_image image=”445259″ img_size=”full” onclick=”custom_link” link=”https:\/\/www.billingparadise.com\/revenue-cycle-management\/”]

But it’s also important for hospitals to consider the relationship between their EHR and revenue cycle management (RCM). Integrating these systems can improve efficiency and increase revenue opportunities, allowing healthcare providers to focus more on patient care.<\/span><\/p>\n

What is the Significance of Combining Your EHR and RCM Systems?<\/strong><\/span><\/h3>\n

Combining EHR and RCM systems<\/a> results in smooth and efficient communication between the two platforms. In simpler terms, it creates a unified system for managing patient records and billing.<\/span><\/p>\n

By <\/span>integrating EHR<\/a><\/span><\/strong> and RCM, vital information from the EHR like patient demographics and appointment details are seamlessly transferred to the RCM platform, enabling the RCM to generate claims for payers with ease.<\/span><\/span><\/p>\n

\"EHR\"<\/strong><\/span><\/h3>\n

An actual case of a Hospital Improving Revenue Cycle Efficiency through EHR-RCM Integration:<\/strong><\/span><\/h3>\n

Collaborating with a vendor offering both EHR and RCM capabilities enabled one healthcare organization to enhance communication and streamline revenue cycle management for 150 care centers.<\/span><\/p>\n

By using automation in its revenue cycle management (RCM) processes, Advocare, an sports medicine and wellness organization, has achieved $1 billion in patient collections in three years, thanks to its partnership with eClincalWorks (eCW), an EHR vendor. By integrating eCW with its revenue cycle management (RCM) processes.<\/span><\/p>\n

Advocare has been able to improve efficiencies, increase revenue opportunities and grow 20% bigger than it was at the start of the COVID-19 pandemic. eCW has helped Advocare with EHR responsibilities such as scheduling patients, providing care, and documenting care, along with day-to-day RCM tasks such as claim submissions, denials, appeals, and cash collections.\u00a0<\/span><\/p>\n

The partnership has also led to the development of new tools and offerings such as electronic statements, mobile check-in, e-signatures, and completing consent forms before appointments. Advocare is now focused on its e-statement rollout, data optimization, and streamlining patients\u2019 responsibilities at check-in.<\/span><\/p>\n

Advantages of Combining EHR and RCM Systems:<\/strong><\/span><\/h3>\n

As a hospital, it is essential to be judicious with time and finances. So, why waste resources on maintaining two separate systems when you can integrate your EHR with other RCM systems?<\/span><\/p>\n

One of the main advantages is the reduction of administrative burden and inefficiency, a significant issue in the healthcare industry today. According to a 2020 study in JAMA, the healthcare industry loses an estimated $266 billion annually due to administrative costs.<\/span><\/p>\n

However, by integrating EHR and RCM, you can enhance productivity throughout your billing and revenue cycle. Successful integration can provide:<\/span><\/p>\n