Avoiding Costly Gaps Amid System Conversion
Experienced hospital executives know that amid the various pressures system conversions entail, attention should be paid to A/R strategies. In worst-case scenarios, careless legacy strategies can lead to costly A/R backlogs and related claims denials, all leading to disruptions in performance and worse—a hit on cash reserves.
Increasing Patient Financial Engagement with a Revenue Cycle Management Overhaul
Atrium Health saw a 52 percent increase in new patient-payment-plan accounts and flexible patient payment plan opt-ins after it reevaluated its entire financial strategy and restructured its financial flow, all in the middle of its RCM system installation.
Meadows Health Digital Initiative Improves Patient Communication and Reduces Errors
Meadows Health patient engagement technology has had a positive impact on the registration process, patient satisfaction, and revenue.
hfm Magazine: March 2019
The March 2019 edition of hfm explores people and culture in healthcare finance, focusing on performance improvement, academic-community relationships, and care delivery.
Case Study: Hand & Wrist Center of Houston
The Hand & Wrist Center of Houston is a surgical practice that is using effectively using a combination of technology and service to significantly improve its revenue cycle.
Practical Tips for Maintaining Control over the Revenue Cycle
Using technology to prevent denied claims and providing patients with price transparency are just two ways healthcare organizations can improve their revenue cycle performance.
Q&A: Do Price Transparency Regulations Improve the Patient Experience?
Two healthcare finance leaders explain why their organizations are placing more emphasis on patient education and customer service than on new regulations surrounding charge transparency.
Provider Nimbleness Required for Diverse Value-Based Healthcare Models
Providers must be nimble to adapt to new value-based healthcare strategies.
Deceased Medicare Beneficiary Admissions: Accounting for the Causes and Impacts
Hospitals and health systems should be prepared to see a greater financial impact from Medicare hospital admissions that end with beneficiaries being deceased than from such admissions that end with the patients leaving the hospital in an improved condition.
UVM Health Network: Building an Industry-Leading Supply Chain
This case study tells how one healthcare organization has used data monetization strategies to optimize its supply chain operations.