News
Article
Financial Resilience
Physician Services
Revenue Cycle
Chris PierceApril 2, 2021
Physicians Practice: Restore the Revenue Cycle for Financial Rebound
For years, practices have found themselves in a never-ending battle to adjust to the demands of an evolving healthcare marketplace. Adapting to complicated incentive terms in payer contracts, decreasing payer and patient revenue, increasing operational costs, and keeping up with new legislation have ...
Article
CMS
Denials Management
Physician Advisory
Dr. Ronald HirschMarch 26, 2021
RAC Monitor: Rebilling Non-Medicare Inpatient Claims
It is crucial to understand the differentiation between a denial for lack of medical necessity and a denial for incorrect status.
Article
Automation
Consumerism
Physician Services
Revenue Cycle
Richard Lopez del RinconMarch 25, 2021
Medical Economics: Consumer Financial Engagement Post COVID-19
Just one year ago, all medical practices were completely thrown off course by COVID-19 and the unprecedented drop in patient volume it created. In just a matter of weeks, business operations were completely derailed as providers quickly devised new processes and workflows, as well as digital resources ...
Blog Post
Consumerism
Financial Performance
Partnership
Patient Access
Patient Experience
Patient Satisfaction
Joel FrenchMarch 10, 2021
Why Healthcare Organizations are Prioritizing Digital Marketplaces
“Platforms are eating the world,” asserts Alex Moazed in his book, Modern Monopolies. What was a radical disruption a few years ago is now the accepted ecommerce business model most understand through examples like Amazon and eBay. We now understand how Amazon changed consumer expectations for shopping ...
Automation
Blog Post
COVID-19
Denials Management
Financial Recovery
Financial Resilience
Healthcare
RCM Trends
Revenue Cycle
RPA
Philip MilsomMarch 10, 2021
Getting the Greatest ROI from Revenue Cycle Automation
A year after operating margins dipped into negative numbers and YOY revenues decreased as much as
Article
CMS
COVID-19
Physician Advisory
Dr. Juliet Ugarte HopkinsMarch 3, 2021
RACMonitor: Deconstructing the Concept of Condition Code 44
Dear Readers,
Diversity & Inclusion
Leadership
Partnership
Patient Satisfaction
Press Release
R1 RCMMarch 1, 2021
R1 RCM Issues Inaugural Environmental, Social, and Governance Report
CHICAGO – March 1, 2021 – R1 RCM Inc. (NASDAQ: RCM), a leading provider of technology-driven solutions that transform the patient experience ...
Billing
Blog Post
Physician Services
Revenue Cycle
Richard Lopez del RinconFebruary 23, 2021
3 Ways Revenue Cycle Partnerships Produce Financial Sustainability
This post is part two of a two-part blog.
There is no doubt that many practices are in a strenuous financial period. Organizations need to quickly identify opportunities to reduce costs and increase profitability, which is making them seriously consider
Billing
Blog Post
Physician Services
Revenue Cycle
Richard Lopez del RinconFebruary 23, 2021
Why CBOs Aren't Financially Viable for Practices
This post is part one of a two-part blog.
It’s no secret that over the past few years, physician organizations have faced several significant financial hurdles. From adjusting to value-based care, to serving more and more underinsured patients, to the most recent financial hit: ...
Article
Automation
Revenue Cycle
Sean BarrettFebruary 15, 2021
For the Record: A Look Inside Intelligent Automation
Over the past five years, there has been significant buzz in the health care industry around automation, including countless articles advertising how it can transform the revenue cycle while delivering major cost savings. For the most part, the fanfare is warranted; automation can help generate significant ...
