Revenue Cycle Management
Linking heath information management staff with doctors helped cut a Mississippi hospital's delinquency rate from 40 to 13 percent.
To remain competitive, physician practices must not only provide the best clinical care to their patients, but also optimize the way they manage revenue, making sure they preserve cash flow, limit bad debt and receive full reimbursement for services rendered.
Don't downplay patient experience when making the choice, says Cone Health VP Mike Simms ahead of April's Revenue Cycle Summit.
As more health systems merge, consolidate and diversify, many organizations are looking to combine disparate hospital and physician billing offices into one single billing office. But consider a few key steps before embarking on an SBO migration.
The health system said in a statement that it was never able to turn a profit on the $30 million acquisition of South Hampton Hospital in 2012.
The Consult bought Scroggins Information Services for an undisclosed price.
But new area of business intelligence does not come without challenges.
More than 50 percent of U.S. consumers across most household categories prefer self-service payment, yet healthcare adoption is stuck in the single digits. Here are 3 suggestions to help close this gap.
With some estimates putting patient financial responsibility as high as 30 or 35 percent, healthcare organizations should put patients at the center of their revenue cycle strategies.
Leaders, providers and vendors shared top insights into healthcare news on Twitter.