How Geisinger Maintains Strong Revenue Cycle Performance During M&As
Geisinger Health System leaders have been able to return to previous revenue cycle performance levels within 90 days or less during their integrations. Their strong performance continues today as demonstrated by the health system’s award-winning revenue cycle department.
Removal of CMS Regulatory Language May Leave Providers Vulnerable on EFT Fees
April 6—Some healthcare providers are fretting over the disappearance of a section on the Centers for Medicare & Medicaid Services (CMS) website that prohibits fees on provider payments made through electronic funds transfers (EFTs), saying the absence of such language could allow third-party administrators to short their income.
4 Steps for Effective and Efficient Patient Prepayment
William Todd Andros explains how hospitals and health systems can improve patient payment.
Reducing Bad Debt with Flexible Patient Financing Options
Steve Burr describes how healthcare organizations can improve collections by giving patients choices about how and when to pay.
5 Steps for Consumer-Friendly Payment Options that Raise Satisfaction and Revenue
Today’s hospitals rely more on innovative consumer-friendly revenue capture solutions because of increasing patient responsibility and the risk of non-payment. Providers benefit significantly from implementing technological and non-technological solutions that integrate with operational workflows to mitigate leakage and increase cash flow.
Can a “Cookie” Mentality Help You Collect More Patient Payments?
Alan Nalle describes how a retail mindset can help healthcare organizations communicate with patients.
More Than Half of Consumers Have Concerns About Paying Medical Bills Online
Approximately two-thirds of millennials are not comfortable with current security associated with online medical bill payments, with Generation X and Baby Boomers following at 58 percent.
Do Medical Credit Cards Make Sense for Providers?
Primarily used by dentists, cosmetic surgeons, and veterinarians, medical card issuers are looking for a broader range of providers, including hospitals and health systems.
Strategies for Managing Third-Party Liability Claims
Boston Medical Center has achieved average cycle times of 90 and 120 days respectively for workers’ compensation and motor vehicle accident claims.
CHRISTUS Health Revamps Denials Management
The health system boosted productivity by 25 percent by focusing staff time on the accounts with the greatest potential return.