Offering long-term payment plans to meet the financial needs of patients
A forward-thinking bank talks about its accessible patient finance program, which gives patients a way to afford care while ensuring timely payment for healthcare organizations.
3 objectives for an innovative and practical revenue cycle work-from-home program
To develop a sustainable remote-work policy for revenue cycle staff, healthcareganizations must address concerns about staff morale, team cohesion and protection of cash flow.
How healthcare providers can help the 5.4 million people that have lost insurance
HFMA's Chad Mulvany says healthcare providers adherence to HFMA's medical accounts receivable resolution best practices can help them increase cash balance yields, avoid negative publicity and treat patients the right way.
Questions remain on HRSA’s FAQs on billing uninsured COVID-19 claims
HFMA's Chad Mulvany says it's unclear whether IME and DSH payments are included in the "Medicare rates" that HRSA will pay hospitals for treating COVID-19 uninsured patients.
Patient financial responsibility for COVID-19 treatment: Let’s get it right
Even while hospitals are facing a dire financial situation amid the COVID-19 pandemic, they should adapt their business practices to account for the hardships facing consumers.
The COVID-19 impact on the revenue cycle for hospitals and other healthcare providers
Hospitals and other providers should be prepared for the impact of COVID-19 on various aspects of the revenue cycle, including billing and coding, patient financial responsibility and resources.
U.S. hospitals could face operating cost, revenue and uncompensated care issues due to the new coronavirus outbreak
HFMA's Chad Mulvany says despite the additional federal funding and moves by some states to help with testing and treatment for COVID-19, hospitals should anticipate increased operational costs and uncompensated care expenses.
Eliminating cost as a barrier to healthcare
An innovative financial services company talks about how it addresses patient payment pain points, offering patients interest-free payment arrangements without any fees and helping healthcare organizations improve self-pay collections without increasing domestic spend.
Compromise on surprise medical bills is coming, congressional staff say
A compromise solution for surprise medical bills is nearing and could include costs for both providers and health plans.
Not like the others: House Ways and Means surprise bill legislation
Provider friendly House Ways and Means surprise bill draft legislation doesn't rely on a benchmark payment rate like competing versions.