Revenue Cycle Management
New claims processing systems cost up to $300 million, so insurers are looking to outsource instead.
Automation is helping, but what is really needed is a standard approach.
Some doctor's are taking control themselves, but others are increasingly relying on new tech to help them out.
The new software, now part of the health system's $764 Epic EHR rollout, is expected to capture $142 million in added revenue annually.
Vendors like CarePayment and Docpay help hospitals and medical practices create plans to collect, avoiding bad debt.
But regulations and the rise of high-deductible plans are making a difficult job even harder.
For starters, secure C-suite support: It's not enough to listen to employees and departments when planning mHealth initiatives, IBM says.
Yates is taking a stab at predicting how certain trends and events will play out over the coming year.
Top stories include Houston Methodist lifting margins, and outsourcing revenue cycle operations.
Tool has helped Bellin Health close its reimbursement gap by about $2.2 million in one year.