HFMA 2025: Revenue Cycle Leaders Under Pressure to Justify ROI for AI Solutions
HealthLeaders
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Contributed by: Kate Gamble
Summary
The 2025 HFMA Revenue Cycle Conference underscored the necessity of technology adoption in enhancing revenue cycle operations amid financial pressures on healthcare institutions. Key discussions focused on automation and AI in prior authorizations and claims management, highlighting the hurdles of ROI justification, staff resistance, and interoperability. Mayo Clinic executives Kevin Barnes and Michelle Amos shared strategies for overcoming these barriers, emphasizing the need for stakeholder buy-in and comprehensive roadmaps. They pointed out that while demonstrating ROI is critical, the non-monetary benefits, such as improved patient care, are significant as well. Additionally, the executives discussed staffing strategies, weighing the benefits of in-house staff against contracted resources for effective technology integration.
