Financial/Revenue Cycle Management
07:56 am October 31, 2013
By taking a comprehensive and integrated approach to self-service, hospitals can not only enhance the patient experience and build patient loyalty, but also improve their organization's efficiency and bottom line at the same time.
09:28 am September 19, 2013
National Health IT Week is being celebrated all week. As we start to look into the future, it’s clear that healthcare IT will play a major role in the U.S. economy.
11:28 am September 11, 2013
Open an electronic healthcare record and click on a field. What happens? Underneath the covers of your EHR application, a lot is going on.
08:54 am July 29, 2013
To reduce overall healthcare spending, it’s important to examine areas of waste within healthcare transactions, and the ways to reduce or eliminate inefficiencies, streamline revenue cycle management and improve the patient experience.
02:05 pm June 26, 2013
Many healthcare organizations are discovering that accountable care reimbursed via global captitated risk contracts requires more primary care physicians and a more tightly coupled delivery network including suburban hospitals, home care, and long term care.
08:06 am May 17, 2013
Although “pay-and-chase” methods are still commonplace, health plans can supplement their recovery efforts with pre-payment analytics.
08:13 am May 10, 2013
A question: What is the opposite of health IT return on investment? The answer: Unintended financial consequences, or UFCs, for short.
08:37 am January 15, 2013
There are many reasons why our country’s healthcare costs are so high. Just look at the numbers: Globally, the average healthcare expenditure per capita is less than $1,000. In the US, it’s more than $8,000. Japan spends a bit more than $3,000 per capita; Brazil less than $1,000, and the U.K. a bit less than half of what we do.
08:25 am October 09, 2012
Admittedly, healthcare is behind the technology curve when it comes to payment processes. But many provider organizations are quickly catching up to the retail industry, implementing user-friendly technologies that offer patients a secure, online portal for settling their medical bills.
08:12 am June 06, 2012
“If it ain’t broke, don’t fix it,” some will say. But how well does it work? “It” in this instance is the patient financial statement, a critical but often overlooked component of business operations.