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How to Prepare for the “New Normal” of Self-Pay Collections
More than a third of all hospital revenue comes directly from patients.[1] Yet $7.5 billion in patient payments goes uncollected each year.[2]...
When it Comes to Protecting Your Revenue Cycle, the Best Defense is a Good Offense
In most communities, people have a choice of where they receive care. If your organization is administering COVID-19 testing and vaccinations, it’s...
Protecting Your Cashflow During an HIS Conversion
Relying on an outdated legacy HIS impairs the ability of health systems and physician organizations to optimize both operational and revenue cycle...
Three Reasons to Outsource Revenue Cycle Services and Why Now is the Perfect Time
From every crisis comes insight that can help improve systems and processes in the future. This is especially true of the COVID-19 pandemic. Health...
Building The Revenue Cycle Of The Future
We read a lot these days about how the Covid-19 pandemic has impacted US health systems and physician organizations. While the phrase “the new...
Humanizing the Revenue Cycle and the Patient Financial Journey
Even before the coronavirus pandemic, close to 25% of Americans said they put off necessary care due to costs.[1]Since the pandemic, economic...
5 Opportunities to Reduce the Financial Impact of COVID-19
There are few—if any—sectors left untouched by the COVID-19 pandemic. Of all, healthcare has been among the most severely impacted. So many health...
The Path Toward Lowering Bad Debt Begins By Taking A Close Look At Where You Are Today
More than a third of all hospital revenue comes directly from patients.[1] Yet $7.5 billion in patient payments goes uncollected each year.[2] And...
Building A High-Quality Revenue Cycle Team for Pediatrics
Nearly 60% of patients in a typical children’s hospital is covered by Medicaid. Yet Medicaid reimburses only 80% on average and they are denying...
Denials Management Best Practices
These are unprecedented times for health systems and physician organizations. The financial impact of COVID-19 is likely to linger and has already...
Four Key Elements to Consider When Choosing a Revenue Cycle Partner for Self-Pay Accounts
Uncompensated care and growing patient financial responsibility are taking a toll on the bottom line of hospitals and providers across the...
