Financial/Revenue Cycle Management

SCL Health cuts collections costs by 26% with patient collections tech

One of SCL Health’s facilities, Saint Joseph Hospital.

By Bill Siwicki 03:26 pm July 01, 2019
The health system also has seen a massive increase in the amount it is collecting, for a total annual collections improvement of more than $20 million.
By Mike Miliard 09:00 am July 01, 2019
As hospitals and ambulatory sites grapple with the challenges of quality improvement, value-based care, cybersecurity and more, the size and shape of the workforce is changing as technology and imperatives evolve.
By Mike Miliard 03:44 pm June 28, 2019
The CEO says cash raised by the stock offering will help broaden the analytics and data capabilities it can offer its payer and provider customers – and drive innovations in AI, blockchain, robotics and more.
Patient relationship management tech cuts practice’s no-show rate by half
By Bill Siwicki 01:40 pm June 25, 2019
It also eliminated 10 hours of reminder phone calls and increased payment of old accounts by 15 percent, Salt Lake Retina reports.
By Mike Miliard 12:34 pm June 24, 2019
The tool can help health systems optimize submissions and better predict potential issues with claims, the company says, giving recommendations to help mitigate denials before they're submitted.
By Nathan Eddy 11:41 am June 24, 2019
A new study from the company explores the ways its algorithms can be put to work improving risk scoring and stratification and enhance value-based care initiatives.
By Mike Miliard 02:19 pm June 21, 2019
Established firms have good track records, but there are high-performing developing companies, too; as providers tackled bigger strategic initiatives beyond mere EHR rollouts, they need to weigh how much they value experience and performance, a new report shows.
Appointment scheduling system saves Oklahoma Heart $980,000 annually
By Bill Siwicki 11:34 am June 21, 2019
And benefits extend into areas it has not yet been able to quantify. For instance, the physicians group anticipates increased savings created by the filling of appointment slots that more quickly opened due to the technology.
Hollywood Presbyterian uses bundle management platform to succeed in value-based care

CHA Hollywood Presbyterian Medical Center.

By Bill Siwicki 12:24 pm June 20, 2019
Among other things, the technology has helped the hospital achieve a $3 million reconciliation payment annually for one CMS bundle alone.
By Mike Miliard 03:03 pm June 19, 2019
Developed by Pensiamo, the CognitiveRx tool monitors market demand and uses machine learning to help maintain inventory levels during drug shortages.

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