News

Article
Automation
Physician Services
Revenue Cycle

Joe Polaris for Physicians PracticeMarch 18, 2020

Automation Can Standardize RCM Workflows and Provide Price Transparency

Given CY 2020’s Hospital Price Transparency Requirements, which take effect January 1, 2021, there has been a huge push in the healthcare industry to not only provide financial clarity to patients, but also deliver on rising overall consumer expectations in order to stay competitive. While price ...

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Article
Consumerism
Patient Experience
Physician Services

Richard Lopez del Rincon for MGMAMarch 16, 2020

Creating Access and Engagement Across the Revenue Cycle

In the wake of the 2019 White House Executive Order mandating price transparency,1 many healthcare organizations have accelerated plans to enable greater cost transparency. Physician practices can substantially strengthen these plans by acknowledging that such transparency is ...

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Article
CMS
Hospital Management
Medicare
Physician Advisory

Dr. Ronald HirschFebruary 20, 2020

New Technology: Price it Right, or Else

There is nothing wrong with adjusting prices to fit your cost-to-charge ratio. New technologies have always posed a financial challenge to hospitals. While they want to provide cutting-edge care to patients, unless a positive margin can be maintained, the costs of those technologies can quickly lead to ...

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Article
CMS
Physician Advisory

Dr. Ronald HirschJanuary 30, 2020

Vertebral Augmentation: Navigating the Unknown to Ensure Payment

The debate over percutaneous vertebral augmentation is continuing in 2020, with the release of a new local coverage determination (LCD) from Noridian – a Medicare Administrative ...

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Article
Partnership
Revenue Cycle

Alexandra Wilson Pecci for HealthLeadersJanuary 28, 2020

Why Rush is Partnering to Improve Revenue Cycle Rather than Outsourcing

Rush University System for Health CFO John P. Mordach says the co-management model aims to improve everything from coding and billing to employee satisfaction.

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Article
Automation
Patient Experience
Physician Services

Dan Pope for Physicians PracticeJanuary 21, 2020

Streamline Your Revenue Cycle with Intelligent Automation

For years, healthcare organizations have been keeping revenue cycle operations in-house and investing in one-off software applications to address various challenges. Leaders are seeing little-to-no return on these investments and are left with disjointed technology that makes it harder for staff members to ...

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Article
Patient Experience
Registration

Joel Berg for MedCity NewsJanuary 17, 2020

R1 RCM pays $190M for scheduling software firm

Patient scheduling is increasingly seen as a key part of revenue cycle management. It also can help create a more welcoming "digital front door" that improves access to care and the overall patient experience.

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Article
CMS
Hospital Management

Dr. Ronald HirschJanuary 16, 2020

The Dilemma of the Discharge Planning Conditions of Participation

It was way back in 2015 when the Centers for Medicare & Medicaid Services (CMS) proposed changes to the discharge planning conditions of participation. Their goal was noble; they understood that because discharge planning is a complex process, a successful discharge plan is crucial to reducing the risk of ...

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Article
Partnership
Revenue Cycle

Joseph Goedert for Health Data ManagementJanuary 16, 2020

Rush Medical, R1 Join to Build Innovation Lab for Rev Cycle

Rush University Medical Center is looking to build an innovation lab for revenue cycle management, hoping to use quality analytics to improve existing processes.

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Article
Partnership

Kelly Gooch for Becker's Hospital CFO ReportJanuary 16, 2020

Rush University System for Health has proactive investments, partnerships in the works, CFO says

John Mordach has more than 30 years of healthcare financial management experience to call on as senior vice president and CFO of Chicago-based Rush University System for Health.

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