Billing and Collections

While EHRs were implemented with the idea that they would reduce administrative costs, Harvard and Duke researchers found primary care services cost providers about $100,000 annually.

Billing process causes so much confusion that patients say they aren't 100 percent sure what they owe until the collections agencies call. Providers and payers must band together on smarter benefit design.

HIMSS18 presenters explain how Hackensack Meridian matches precision payment to precision medicine with an innovative approach to create 'lanes of care' that determine efficacy in terms of both cost and outcomes.

While MVA and workers' compensation claims are only a small percentage of a healthcare organization's total claims, they can amount to millions of dollars in annual revenue for many hospitals and secure higher reimbursement rates than commercial insurance.

Its new Insurance Checker feature seeks to ease a common pain-point: deciphering, understanding and verifying health insurance.

According to HFMA, 50 percent of American hospitals are now charging upfront fees for non-emergency visits to the emergency room.

Unfortunately, many healthcare providers are missing out on things like electronic billing, email capture.

By giving patients control over their data, the technology could enable better privacy protections, more efficiency and easier information exchange.

More than a third surveyed also said they'd move to different providers that offer attractive payment programs.

We spoke with healthcare executives from top health systems across the country who know that minimizing accounts' days in A/R can give the bottom line a big boost.