R1 announces collaborative partnership with Automation Anywhere
R1 RCM, a provider of technology-enabled revenue cycle management (RCM) services to healthcare providers, announced a collaborative partnership with Automation Anywhere, a Robotic Process Automation (RPA) company. The licensing of Automation Anywhere’s RPA technologies will further support R1’s mission to improve RCM performance and enhance the patient financial experience for hospitals, health systems, and physician practices.
R1’s technology solutions currently leverage RPA, driving improved results for its clients, such as increasing net patient revenue and reducing RCM operational costs. As a Platinum Partner of Automation Anywhere, R1 believes this relationship will enable R1 to build on its work by expanding RPA use cases and accelerating the delivery of innovative solutions to enhance value to its customers.
R1 expects that Automation Anywhere’s AI-driven Digital Workforce platform—consisting of RPA, cognitive automation and built-in analytics—will help R1 further improve its clients’ revenue cycle management performance as measured by reducing denial rates, improving yield, reducing operating costs, improving the patient financial experience, and generating operational efficiency.