RACMonitor: When Does a Patient Become an Inpatient?
Dr. Ronald HirschApril 8, 2022
With Medicare regulations, there appears to be no right answer.
Five Ways to Increase Patient Volume & Grow Your Medical Practice
Michael UlandayApril 1, 2022
With more Americans becoming vaccinated and some COVID-19 restrictions being lifted, medical practices are in a better position to get back to their “normal” day-to-day operations. After a challenging 2020 –
Why Now Is The Time To Consider Full Revenue Cycle Outsourcing
R1 RCMMarch 29, 2022
Pandemic-related workforce struggles are still squeezing the bottom line at today’s healthcare organizations. Clinical labor costs have increased by an average of 8% per patient day compared with 2019, amounting to $17 million in additional annual expenses for a 500-bed hospital, Read More
Good Faith Estimate Interim Final Rule Tells Us About Future of Healthcare Regulation
R1 Regulatory TeamMarch 28, 2022
The No Surprises Act of the 2021 Consolidated Appropriations Act greatly expanded patient protections through upfront cost transparency in the form of Good Faith Estimates (“GFE”). Specifically, the law requires each health care ...
Patient Payment Technology Persists as Source of Friction Per Survey
R1 RCMMarch 22, 2022
Today’s consumers are inundated with financial pressures as inflation hits record highs, COVID persists as a source of medical debt, and insurers peel back on COVID-related coverage. Last year, Americans racked up
Entrepreneur Magazine: Top 10 CTOs To Watch In 2022
Srivatsa KRMarch 17, 2022
CTOs are undoubtedly the backbones of the most successful companies.
4 Signs It’s Time to Work with a Physician Practice Management Company
Scott MaulMarch 10, 2022
Your goal as a physician is to provide superior healthcare for your patients, but running a successful medical group takes a lot more than clinical excellence. The day-to-day demands of operating a busy physician practice require you to have superior business management skills.
Rethink Patient-Facing RCM During Healthcare Labor Shortage Part 1: Why Now?
Stephen BernardMarch 8, 2022
"We're hiring."
It’s probably safe to say that most of the country’s hospitals and health systems are posting that message prominently right now. Recent employment trends show that the number of people quitting healthcare and social assistance jobs was
HFM: Revenue Cycle Staff Shortages Push Leaders to Adapt Quickly
Lisa EramoMarch 8, 2022
The pandemic-driven workforce shortage is leading to significant changes in revenue cycle management operations at many hospitals and health systems.
Changes include the greater use of remote workers, soaring wage costs, implementation of sign-on bonuses, the outsourcing of jobs and greater use of automation, all of which ...
HFM: How LifePoint Health Revamped its Revenue Cycle
Jason RossMarch 7, 2022
After two years of operating during the pandemic, hospital organizations such as LifePoint Health continue to face financial challenges.
Labor and supply costs increased by 14% and 13%, respectively, between 2020 and 2021, and Kaufman Hall projects hospitals’ losses for 2021 could amount to $53 billion under an ...
