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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

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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: ...

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Article
Billing
Physician Services
Revenue Cycle

Drew BoxerOctober 28, 2020

Physicians Practice: Thriving Through Better Claims and Collections

Current revenue cycle management (RCM) processes in some practices may be well established, but there is always room for improvement and optimizations.

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Billing
Blog Post
Physician Services
Quality Programs

Lynn Guerrant BSN, MSFebruary 28, 2020

Independent Practice Survival in a Value-Based Environment

With the advent of MACRA, CMS has begun to shift healthcare reimbursement from fee-for-service to one based on achievement of value-based metrics.  The goals of Value-based care are to improve care quality and lower costs.  Independent providers must overhaul their financial and clinical processes to ...

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Billing
Blog Post
Coding

Jessica ShortDecember 9, 2019

Independent Providers: How to Reduce Four Billing and Coding Errors

For modern medical practices, financial health is often challenged due to shrinking reimbursements and increased scrutiny over coding practices. Although medical billing and coding errors are usually from minor mistakes, these common errors can add up to a lot of lost revenue over the years and, for ...

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Billing
Blog Post
Coding
Physician Services

R1 RCMSeptember 16, 2019

Four Questions You Should Ask Your Revenue Cycle Partner

With updated rules and a newly pruned reimbursement landscape, the uncertainty associated with the future of healthcare has not been made any clearer. In fact, the current environment may have seemed to muddy the waters further, making it even more difficult for healthcare institutions and independent clinicians ...

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Billing
Blog Post
Patient Satisfaction
Revenue Cycle

Joe PolarisAugust 26, 2019

Revenue Cycle Improvements Lead Path to Patient Satisfaction

Although patient-centered strategies are a common topic of debate in hospitals and health systems these days, it’s striking how seldom revenue cycle factors into the discussion. The lack of correlation between financial conversations and patient satisfaction is especially interesting given the prevalent role of ...

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Billing
Blog Post
Emergency Medicine
Revenue Cycle

Sara RiceJuly 26, 2019

New Hospital Contracts: RCM Questions Emergency Physicians Should Ask

Emergency physician groups that are focused on growth are often looking to expand into a new hospital location or begin their own free-standing emergency department. Once the arduous legal and bureaucratic process is complete, and you have won that contract it is time to get to work.

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Billing
Blog Post
Collections

R1 RCMJune 3, 2019

5 Considerations Before Using A Collections Agency for Medical Debt

In today’s billing environment, increasingly higher payment responsibility resides with patients. Self-pay accounts have steadily grown to essentially their own payer ...

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Article
Billing
Patient Experience
Physician Advisory
Registration

Dr. Ronald HirschMay 8, 2019

Health IT Outcomes: The Patient, the Clinicians, the Payer, and the Hospital Encounter

While efforts continue to be made to improve the quality and efficiency of care provided to patients in a hospital (this includes many of the qualifying payment programs being tested by governmental and private payers), the industry cannot overlook how patients view their financial obligations and how their ...

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