The healthcare industry faces the formidable challenges of rising costs and precarious profit margins. Elevated supply and labor costs, combined with structural revenue pressures, have created a ...
Three healthcare finance and revenue cycle leaders shared with Becker’s Hospital Review what they would change about the revenue cycle process. Jenni Alvey, CFO of Indianapolis-based IU Health: “I ...
The back and forth between providers and payers over prior authorization data exchanger is approaching its peak. Here are two programs that, if broadly adopted, could help the two sides work together ...
When it comes to the patient financial experience, communication and transparency are key. HealthLeaders recently held its virtual Patient Financial Experience NOW Summit, bringing together ...
As we enter the second decade of the 21st century, medical practices face a host of financial challenges. The unknowns of health care reform, changing reimbursement and rising bad debt from the ...
Revenue cycle directors are seeing a clear path for automation to increase revenue, decrease denials, speed up prior authorization and claims, and remove many of the repetitive clicks that hamper ...
What is revenue cycle management in healthcare, and why is it important? In today’s healthcare system, patient care is only one side of the equation. Finances, which factor in how providers get paid ...
Puzzled about why your surgery center doesn’t seem to have enough cash at the end of the month? If you’re having trouble covering costs and making distributions, it’s time to take another look at ...
With so many components to the process – payer contracting, registration, authorization and certification, financial counseling, co-pay and coinsurance collection, dictation and transcription, coding, ...
The healthcare revenue cycle space is facing a staffing shortage. But as hospitals and health systems manage workforce challenges and related financial impacts from bottlenecks in claims submissions ...
The International Association of Top Professionals (IAOTP) will honor Renota Wade at their annual awards gala at the ...