Billing and Collections
This is the second year in a row in which the index has found an increase in the potential industry savings that could be achieved with full adoption of electronic transactions.
There's "no perceivable benefit" to patients as the chargemaster "rack rate" is not a reflection of what they'll end up paying, experts say.
Mitchell Katz vows to eliminate the budget gap with a culture shift to focus on billing, add profitable services and reduce unnecessary testing.
Workable payment plans can't be too burdensome and should take into account FICO score, 90-day payment history and any residual or related income individuals earn.
The new version of the program focuses on a number of key areas important to pediatric populations, such as surgical site infection outcomes for specific procedures.
Integrating flexible payment options into a revenue cycle requires needed change for a provider's bottom line.
A quick breakdown of the different approaches hospitals are taking to compensate physicians amid the massive shift from volume to value.
The shift from fee-for-service to value-based care means providers are facing new challenges. A rev cycle executive offers advice about tightening processes to overcome those.
While conventional wisdom holds that it should be more challenging for doctors to bill private insurers, the results show that billing Medicaid is a bigger challenge.
The insurer claims ER physician staffing firm is charging 'outrageous' rates, while Envision blames UnitedHealthcare for out-of-network charges.