Revenue cycle technology trends
The results of a September 2019 HFMA study about revenue cycle challenges and opportunities and how hospitals and health systems are addressing them.
Revenue Cycle Strategist October 2019
The October issue of Revenue Cycle Strategist features articles on medical debt, robotic process automation, consumerism, patient experience and denials management.
How to get a handle on Medicare bad debt
Medicare bad debt is a significant source of revenue leakage for hospitals and often is not adequately addressed.
Consumer-oriented services necessary for healthcare providers to maintain patient loyalty
Convenience factors, including easy-to-use payment options, have a significant impact on patients’ loyalty to healthcare providers.
Big drop in Medicaid enrollment drives 2018 increase in uninsured rate
In 2018, 1.9 million fewer people were covered by some type of health insurance, and they were most likely former Medicaid enrollees, according to new federal survey data.
Patients, employees and technology lead revenue cycle transformation
From our sponsor, Parallon Revenue cycle is an intricate balance of delivering an exceptional experience that patients demand, while preserving the financial integrity that drives success. What better way to remain in a state of equilibrium than breaking away from antiquated workflows and processes and updating your infrastructure to ensure you exceed expectations on all fronts. The modern…
Know your denials challenges before developing prevention strategies
Successful denial management and prevention strategies require the right mix of people capable of handling the process from beginning to end.
3 abilities every coder should possess
Coders need to understand billing expectations, how the billing process works and how the revenue cycle is affected.
Bad debt expense benchmarks: U.S. acute care hospitals show improvements since 2015
Data Trends: Bad debt expense as a percentage of revenue for U.S. hospitals declined from 2015 through 2018.
Hospitals innovate to control labor costs
Hospital labor costs have steadily increased amid consumerism and other trends, but some organizations are finding new ways to address the challenge.