by HBCS | Oct 23, 2023 | Whitepaper
Why the patient financial experience is more important than ever In recent years, hospitals and health systems have demonstrated that outsourcing all or portions of the revenue cycle is an effective strategy to mitigate costs and improve results in the face increasing...
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...