Revenue Cycle

3 takeaways from the latest MedPAC policy meeting: future payment rates, telehealth coverage approaches and an overhaul of Medicare APMs

The January meeting of the Medicare Payment Advisory Commission included policy discussions about some of the most pressing issues in healthcare, including coverage of telehealth services.

Nick Hut January 25, 2021

Healthcare News of Note: Recent CMS regulations are in limbo under the new administration

News of Note for healthcare finance professionals is a roundup of articles from the past weeks, including, the Biden administration ordering a review of recently finalized regulations across government agencies, leaving the fate of several new CMS rules in question.

Deborah Filipek January 22, 2021

How Spectrum Health built an effective work-from-home policy

Responding to workplace challenges posed by the COVID-19, Spectrum Health in Grand Rapids, Mich., transformed its work-from-home policy approach into one that worked for all aspects of the revenue cycle — back, middle and front end — while establishing metrics to monitor and measure productivity and quality.

Eric C. Reese, PhD January 22, 2021

3 keys for hospitals seeking to establish a work-from-home setup for patient financial services

During a six-year process to move its Patient Financial Services department to a full-time work-from-home setup, Spectrum Health learned key lessons and best practices.

Nick Hut January 22, 2021

HFMA’s Digital Annual Conference continues Aug. 12 and Aug. 14 with more virtual education for healthcare finance professionals

HFMA's Digital Annual Conference continues Aug. 12 and Aug. 14 with a focus on optimizing performance with the latest KPIs, using analytics strategies to lower cost and maximize revenue and using behavioral economics to engage patients.

Deborah Filipek January 22, 2021

TransUnion survey on consumerism: Healthcare consumers want to know the price of a service in advance

Healthcare organizations that have increased availability of price estimates and facilitate clear conversations about the account resolution process anecdotally report improvements in self-pay collections and patient satisfaction, says HFMA's Chad Mulvany.

Chad Mulvany, FHFMA January 22, 2021

Change Healthcare-Harris Poll study: Every step in the process is a chore for healthcare consumers

Consumers struggle with finding, accessing and paying for healthcare, according to a study presented at HFMA's Digital Annual Conference.

Deborah Filipek January 22, 2021

Why healthcare organizations should adopt a transformational mindset coming out of COVID-19

As the healthcare industry starts to look beyond the COVID-19 pandemic, leaders should consider how they can go beyond recovery to transform their operations.

Nick Hut January 22, 2021

How smaller organizations use patient experience best practices to improve competitive edge

From pre-service and onsite financial counseling to the business office, revenue cycle has become the brand ambassador for hospitals and health systems.

Pete Thompson January 22, 2021

COVID-19: How healthcare leaders help their organizations be more consumer-oriented coming out of the crisis

In the wake of COVID-19, healthcare leaders should go beyond reconstruction to consider ways to permanently improve the patient experience.

Joseph J. Fifer, FHFMA, CPA January 22, 2021
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