by HBCS | Sep 6, 2023 | Blog
The past few years have demonstrated that outsourcing all or portions of the revenue cycle is an effective strategy to mitigate costs and improve results. According to one report, revenue cycle functions account for the largest segment (27%) of outsourcing at...
by HBCS | May 9, 2023 | Blog
Rising patient financial responsibility is taking a toll on the bottom line of hospitals and health systems across the country. In a recent review, private/self-pay accounted for 68.4% of hospital revenue on average, while Medicare’s percentage of net revenue was...
by HBCS | Mar 7, 2023 | Blog
Claims denials are a big source of revenue leakage. According to one recent report, around 67% of healthcare leaders have seen an increase in claims denial over the past year.[1] The crunch is commonly attributed to frequent payer policy changes, lengthening...
by HBCS | Feb 10, 2023 | Whitepaper
As expenses rise and staffing shortages continue, healthcare leaders are looking for new ways to cope. While most of the spotlight has been on clinical staff shortages, revenue cycle leaders are also feeling the impact. From coding professionals to A/R experts to...
by HBCS | Jul 8, 2022 | Blog
Improve your bottom line by ensuring all insurance accounts are being managed Industry analysts agree that healthcare staffing shortages aren’t going away anytime soon.[1] Some are even predicting that increased labor costs will cause expenses to outpace revenue...
