Revenue Cycle Management
The coronavirus is causing hospitals to ramp up for a surge of cases while having to give up elective procedures that sustain their revenue.
Understanding contract loopholes, and being self-advocates during negotiations, can help community hospitals increase their collections.
Targeting CIOs, CFOs and other health IT leaders, five healthcare financial information systems experts offer best practices for bettering finance IT performance.
What's important to the patient is a care plan that integrates shared decision-making on both treatment and cost, speaker says.
SCI's digital platform allows patients to search for physicians, schedule appointments and complete their onboarding across all care settings.
About 5% of patients in the U.S. account for half the nation's healthcare costs; the challenge is to reduce their spending.
Hospitals should obtain more valuable data insights, set performance improvement goals and better engage physicians, finds Kaufman Hall.
To capture revenue that would otherwise be lost, providers need to jettison ink and paper in favor more modern solutions.
The app also allows users to manage prescriptions, see information on deductibles and out-of-pocket spending, and locate physicians and hospitals using GPS technology.
Making the process more palatable for consumers can help to avoid revenue leakage and lawsuits.