Annual Hospital Costs for Opioid Overdose Patients Approaches $2 Billion
The average cost for an overdose patient who was treated and released totaled $504, but the average cost rose to $11,731 for those that were treated and admitted to a hospital.
Repeal of the Individual Mandate Means More Uncompensated Care
The individual mandate has driven an increase in the number of insured patients, and without it, hospitals are likely to face more uninsured patients and more patients with high co-pays and deductibles.
The 4 Qualities of ‘Next-Level’ Healthcare CFOs
The impact of “next-level” CFOs is felt and seen throughout organizations. For example, by mentoring and coaching to build financial literacy across teams and organizations, these CFOs are seen as proactive and selfless servant leaders who are improving their organizations.
Underinsured Rate Reached 15-Year High
Feb. 6—More insured people are struggling to afford care than at any time since 2003, according to a new survey. And it’s a challenge across all major private- and public-payer categories.
10 Ways to Enhance the Patient Payment Experience
Patients represent a fast-growing source of payment for healthcare providers, so it is important for providers to take steps not only to increase collections but also to enhance their patients’ financial experience.
More Federal Support Pledged for Rural Hospitals
Feb. 5—The federal government plans to increase the number and variety of alternative payment models available for rural hospitals, which are facing growing financial pressures.
Third-Party Liability Claims Create Compliance Complexity for Providers
Understanding the complexities of third-party liability can mean the difference between revenue protection or revenue lost for providers.
New Healthcare Partnerships and Technology Bring Real Competition to Health Systems
Robert P. Chamberlain discusses the move toward employer-offered health care and how health systems can compete.
The Truth About Blockchain and Its Application to Health Care
Healthcare organizations have growing opportunities to begin applying blockchain technology to solving industry challenges, and today’s practical applications may be first steps toward more-sophisticated applications that could transform the industry.
R1 RCM: Partnering with Healthcare Organizations to Reimagine the Revenue Cycle
Two senior leaders at R1 talk about the advantages of working with an innovative revenue cycle partner that offers technology-enabled revenue cycle and patient experience services.