Future Trends in Revenue Cycle Management and How Financial Partners Play a Role

Keeping up with patient care is already a full-time job. However, for medical practice owners, staying on top of revenue cycle management (RCM) trends is just as crucial for long-term success. 

RCM isn’t just billing anymore; it’s the foundation of your practice’s financial health. It affects everything from how patients check in to how and when payments arrive. As practices adopt new tools and workflows, financial partners like Chello play a growing role by proving added transparency into cash flow trends, and acting as a real time source of funding if practices need it.

With the financial side of healthcare getting more complex, practice owners are rethinking how they collect, track, and protect revenue. 

Here’s a look at where RCM is heading, what forward-thinking practices are doing about it, and how Chello funding can support that growth.

Making Payment Easier for Patients

More patients are enrolling in high-deductible health plans. In 2023, among privately insured people younger than age 65, 41.7% were enrolled in an HDHP. These plans lower monthly premiums but shift more costs to the patient at the point of service. Practices are adapting to meet this shift head-on.

Some are reworking the patient payment experience entirely. Instead of chasing balances weeks later, they’re:

• Providing real-time cost estimates before care
• Collecting partial payment at check-in
• Offering flexible, interest-free payment plans
• Adding text or email payment reminders
• Using online portals that show balances in real time

Investing in Automation Where It Matters Most

Manual billing creates delays, often up to 7 to 10 days. Practices invest in automation to reduce repetitive tasks and speed up payment cycles. But the focus isn’t on replacing people, it’s about giving teams better tools.

This often means partnering with partners like:

• Insurance clearinghouses that manage claim submissions, verify eligibility, and speed up remits.
• EHR providers that include built-in coding engines to reduce errors and connect notes to billing.
• Billing software companies that automate charge capture, track denials, and flag missing info.
• RCM consultants who identify gaps in your workflow and help improve payment turnaround.

These tools free up time for staff to handle more complex issues, like denial appeals, coding questions, or payer disputes.

Syncing Financial Systems

Many practices still manage disconnected systems—claims in one tool, payments in another, and bank data elsewhere. The result? Delays, blind spots, and extra work.

Newer tools and financial partners are changing that by offering:

• Real-time tracking tied to claim submissions and reimbursements
• Dashboards that show payer status and bank activity side by side
• Medical practice credit lines that allow withdrawals when extra capital is needed
• Alerts when payment timing changes or denials increase

With everything in one place, practices can stay ahead of payment issues and respond faster without searching through multiple systems.

Getting More Strategic With Revenue Data

Practices aren’t just reacting anymore—they manage revenue with strategy and intent.  Owners now ask: Where’s the slowdown? Which payers lag? What procedures cause the most headaches?

Instead of treating every claim similarly, they organize workflows around real data. To do this, they are turning to financial partners like Chello and TriZetto, which provide predictive analytics tools that help anticipate slowdowns and support more proactive revenue management.

Strategic insight also opens the door to better financial planning. Chello offers tailored medical practice funding to cover shortfalls tied to specific gaps, like payer lag or unexpected overhead. With these tools, practices can draw only what’s needed without relying on large, fixed loans with rigid terms that don’t match the rhythm of their revenue.

How Chello Can Help

With fast-moving changes in healthcare RCM, practices need the freedom and flexibility to adapt quickly, without waiting for reimbursements.

Chello’s medical practice line of credit are a modern solution that skips the rigid approval process and limitations of traditional loans. Instead, it gives practices on-demand access to working capital.

Here’s how Chello supports evolving revenue cycle strategies:

• Covers cash flow gaps during delayed reimbursements or claim holds
• Provides funding to manage denial spikes or payer slowdowns
• Supports upgrades to EHR or scheduling systems that improve billing accuracy
• Funds investments in automation, real-time payment tools, or patient billing platforms
• Helps practices bring on billing consultants or staff during transitions
• Uses synced financial data to guide smarter timing on when to draw funds

When each part of your revenue cycle depends on timing, Chello can alleviate cash flow gaps. This way, you can make changes when they matter, not just when the budget allows.

Embrace the Future of RCM in Healthcare With Chello

RCM isn’t standing still, and neither are the practices leading the way. With advanced tools, automated systems, and tailored financial support, you can improve how revenue flows through your practice at every stage.
Apply now with Chello because your revenue cycle should move as fast as your practice.