Revenue Cycle Management
The partnership is designed to help hospitals optimize their use of Epic to improve revenue cycle outcomes.
HIMSS24
Nicole Clawson of Pennsylvania Mountain Healthcare Alliance talks about finding the right adoption model ahead of her session at HIMSS24.
SPONSORED
Managing the revenue cycle in an everchanging market.
SPONSORED
Removing discrepancies in care documentation and coding increases per patient visit charge by 21%.
CentraCare Health has denials sitting out there for 300 days, creating administrative and financial burden, says rev cycle director.
Revenue reductions linked to Medicare Advantage denials surged by 55.7%, while those from commercial payers rose by 20.2% since 2022.
The bottom line is hospitals' operating cash flows and margins will improve and revenue growth will slightly top expenses.
AI has the potential to change the competitive landscape, but models that are not plug-and-play will take years to integrate into business models.
Optum will assume responsibility for ProHealth Care's rev cycle management, IT, informatics, analytics and inpatient care management.
Advocate, Hackensack Meridian, Intermountain, Mass General Brigham, Memorial Hermann among those in National Independent Provider Ecosystem.