Revenue Cycle Management
The Steward Healthcare vice president says the consequences of not watching vendors closely can be too costly to ignore.
The health system relied heavily in employee training, improved hiring guidelines and staff incentives to create the kind of culture needed to improve collections.
A host of healthcare experts from provider organizations, payers and technology vendors are set to speak.
The deal is expected to close before the end of the year, company says.
Texas Health Resources captures each step of the patient encounter, from the physician's electronic order to payers' insurance verification.
Number one place to focus is on capturing accurate, complete clinical documentation in support of accurate coding, Leigh Williams says.
The hospital has a model 2 bundled payment program for its congestive heart failure patients.
Processing payments for both fee-for-service and value-based arrangements presents a new reality that is fraught with issues.
CEO Jay Deady says that the new money will go toward product development.
A reorganization of resources may not feel natural to your practice at first, but can yield big gains, revenue cycle director says at the MGMA conference.