Automation with integrity: The real work behind healthcare’s digital transformation
HFMA’s Healthcare C-suite of the Future report captures precisely where healthcare leadership must go, and it’s a direction we at Healthrise have been deeply invested in for years. The industry’s challenges are real: unsustainable costs, workforce strain and mounting pressures on ROI. Yet the transformation underway is also an extraordinary opportunity if leaders can align…
5 keys to enhancing automation, expanding capacity and improving efficiency to reduce costs
Healthcare organizations face unrelenting financial pressures, with rising costs and shrinking margins. Dealing with reimbursement challenges, they face an uphill battle to maintain a profitable revenue cycle. This leaves no room for inefficiency. There is a way out, but healthcare leaders must look beyond traditional methods to automation to expand capacity and improve operational efficiency.
Bridging the gap: Integrating value-based care into revenue cycle management
The idea of value-based care (VBC) has existed for decades but only gained momentum since the 2017 implementation of the Merit-based Incentive Payment System (MIPS) and the Quality Payment Program (QPP). VBC incentivizes providers for quality outcomes, unlike fee-for-service models that reimburse providers for each service performed. The ultimate goal of VBC is to improve…