Revenue cycle staff shortages push leaders to adapt quickly
The pandemic-driven workforce shortage is leading to significant changes in revenue cycle management operations at many hospitals and health systems.
hfm Magazine: April 2019
Cover Story Mastering Risk: How Healthcare Organizations Can Tap into the Power of Enterprise Risk Healthcare organizations should adopt enterprise risk management, a coordinated approach to managing risk that looks at how each area of risk affects the organization’s operational and strategic plans. By Marti Arvin, JD Web Exclusives States look to Medicare-based…
Cracking the Code on Physician Practice Performance
Premier discusses how it works with medical groups and health systems to better leverage business intelligence to identify and seize performance improvement opportunities.
Hospital Executives Say Charge Capture is Essential to Financial Success
Although charge capture is a critical method for ensuring hospitals are paid for the services they provide, revenue cycle teams may not be spending enough time evaluating their charge capture activities.
2019 Coding Highlights Focus on New Technologies
What are highlights of the ICD-10 FY19 changes?
Avoiding Costly Gaps Amid System Conversion
Experienced hospital executives know that amid the various pressures system conversions entail, attention should be paid to A/R strategies. In worst-case scenarios, careless legacy strategies can lead to costly A/R backlogs and related claims denials, all leading to disruptions in performance and worse—a hit on cash reserves.
Increasing Patient Financial Engagement with a Revenue Cycle Management Overhaul
Atrium Health saw a 52 percent increase in new patient-payment-plan accounts and flexible patient payment plan opt-ins after it reevaluated its entire financial strategy and restructured its financial flow, all in the middle of its RCM system installation.
Meadows Health Digital Initiative Improves Patient Communication and Reduces Errors
Meadows Health patient engagement technology has had a positive impact on the registration process, patient satisfaction, and revenue.
Case Study: Hand & Wrist Center of Houston
The Hand & Wrist Center of Houston is a surgical practice that is using effectively using a combination of technology and service to significantly improve its revenue cycle.
Practical Tips for Maintaining Control over the Revenue Cycle
Using technology to prevent denied claims and providing patients with price transparency are just two ways healthcare organizations can improve their revenue cycle performance.