Revenue Cycle Management

Little progress seen in mitigating prior-authorization challenges

Prior-authorization challenges appear to be worsening for providers, despite a 2018 payer-provider effort to address such problems.

By Rich Daly June 23, 2019

Analysis: Effect of expansion of pre-tax accounts for employees to purchase insurance

HFMA's Chad Mulvany shares the possible impact of a proposed rule that allows employers to make pre-tax contributions for employees to purchase individual coverage starting in 2020.

By Chad Mulvany, FHFMA June 19, 2019

CareCredit: A proven payment solution

An industry-leading patient financial solutions company details how its credit card solution facilitates patient payment, helping the patient and healthcare organization.

By HFMA June 18, 2019

Opportunities and strategies for improving pharmacy financial performance

A roundtable of senior healthcare financial and pharmaceutical leaders that covers challenges and strategies for improving pharmacy financial performance.

By HFMA June 18, 2019

How Texas Health Resources improved patient access and preservice revenue

The health system uses a centralized preservice financial clearance department and automated dialers to contact 98 percent of scheduled patients before they receive services.

By Lola Butcher June 17, 2019

Using artificial intelligence to improve revenue cycle operations

In God we trust; all others must bring data                                 — W. Edwards Deming The ability to use the data aggregated throughout the revenue cycle is critical to proactive issue resolution, project prioritization, estimation of financial impact of revenue cycle initiatives and forecasting. However, data analysis at each stage of the revenue cycle is dependent on…

By HFMA June 17, 2019

Data Integration Challenges Prevalent with Outside Vendors

Today’s revenue cycle increasingly relies on external business partners to process payments. Unfortunately, passing accounts back and forth from the business office to outsourced vendors brings data integration challenges. Often, reconciliation issues occur when the same account is in multiple locations such as with the hospital and the outsourced vendor. This breakdown in inventory integrity…

By Matt Hawkins June 17, 2019

6 revenue cycle objectives for the transition to value-based payment models

To maximize revenue, medical practices are focusing on value — delivering high-quality care while managing total costs — and managing risks associated with two-sided payment models.

By Parag Shah June 17, 2019

A deeper dive into risk-adjustment coding

Common coding pitfalls and best practices for accountable care organizations are discussed in this Q&A.

By Kim Felix June 17, 2019

Providers push arbitration approaches used in some state surprise-bill laws

What should Congress learn from states’ experiences with laws attempting to curtail surprise healthcare bills?

By Rich Daly June 13, 2019
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