Revenue Cycle Management
As hospitals see revenue squeezed, many also face pressures to raise prices even though consumers watch costs closely, Ernst & Young consultants tell a crowd at the Healthcare Financial Management Association 2015 Annual National Institute.
Healthcare Finance will be on the ground at the conference and will file live reports from the sessions.
"Cadillac tax" on high-priced plans is also contributing to the spending decline and accelerating the cost shift from employer to employee, PricewaterCooper report finds.
InstaMed shows healthcare providers must give consumers more online and mobile choices for paying their bills while protecting patient data.
Some health systems are trying to help patients avoid high-cost bills altogether, by working with insurers to craft value-based plans that offer low out-of-pocket costs.
The acquisition gives Constellation a foothold in New York, New Jersey and Florida.
Collect financial information upfront, fight insurance denials, and send a combined bill from hospital and physician among advice for hospital finance staff.
The agencies say they will establish a 180-day waiting period before medical debt is added to someone's credit report.
Whether it's the change from fee-for-service to value-based reimbursements, or the looming switchover to ICD-10 coding, revenue cycle managers have a lot to deal with.
Linking heath information management staff with doctors helped cut a Mississippi hospital's delinquency rate from 40 to 13 percent.