Revenue Cycle Management

Physicians use new technologies in the ever-growing telemedicine field to expand their practices and grow their revenue.

We all know that copayments should be collected at time of service. As the cost of healthcare shifts increasingly to the patient, up front and accurate payment collections are more important than ever.

Targeted geographic expansion into new markets with well-insured people is the new frontier for hospitals seeking a competitive edge in the marketplace, according to a study by the Center for Studying Health System Change (HSC) published in the April edition of Health Affairs.

Results of a national healthcare industry survey revealed that 60 percent of hospital executives believe revenue integrity is essential to their organization’s financial health.

Iconic Data has announced the release of SwiftPayMD, a revenue cycle management app for the iPhone and iPad that's designed to enable doctors to immediately bill for their services.

On average, roughly 10 percent of all healthcare claims are initially denied and require additional work on the part of the provider to secure payment. One industry expert offers a three-part plan for reducing the impact of denials on the revenue cycle.

For the second time, the government has delayed enforcement of HIPAA 5010, CMS said Thursday. The new enforcement date is June 30, 2012.

Since joining the Premier healthcare alliance last year, Edward Hospital & Health Services has saved $3.5 million while improving clinical quality and patient safety.

Based on existing overall cost estimates for ICD-10 from multiple sources, officials estimate a year-long delay of ICD-10 could cost the industry anywhere from $475 million to more than $4 billion.

Fifty-seven percent of private health plan payers are hesitant to accelerate the adoption of bundled payment without positive provider feedback, according to a recent poll from healthcare IT and research firm Gantry Group, LLC.