Sentara Execs Share Insights for Strong Patient Financial Engagement
Will ReillyAugust 10, 2022
The financial environment for health systems and their patients keeps getting tougher.Cascading effects of the pandemic have led toa looming recession, severe labor shortages, rising ...
Becker's: What R1 RCM Learned from its Midyear Financial Trends Report
Becker's Hospital CFO ReportJuly 15, 2022
Gary Long hears a lot about the challenges facing healthcare financial leaders in his role as R1 RCM's executive vice president and chief commercial officer.
The issues that he and his team have heard anecdotally have been backed up in a midyear financial trends report released by R1 RCM in June. The company surveyed 205 CFOs and vice ...
Value-Based Reimbursement: The Future of Healthcare
Brian BellamyJune 28, 2022
Over the past several years, healthcare has begun the move toward the adoption of value-based reimbursement (VBR). The transition is picking up speed as the industry begins to emerge from the COVID pandemic.
Action Needed: Why Medical Debt Should Concern Health Organizations
R1 Regulatory TeamJune 22, 2022
In the United States, an estimated 43 million Americans hold a total of $88 billion in medical debt on their credit reports. Patients often incur these expenses unexpectedly, leading to high rates of bankruptcy. Healthcare organizations are now facing increased scrutiny over patient billing and collection practices.
Read MoreFive Revenue Cycle Metrics Profitable Practices Are Measuring
R1 RCMJune 20, 2022
Measuring the financial health of your practice plays an important role in future growth. When you understand the metrics that impact your revenue cycle, you can better manage your overall process by making strategic changes to increase revenue and lower costs.
Adventist, Ascension and LifePoint Share RCM Pressures and Solutions
R1 RCMJune 13, 2022
Every night countless healthcare financial leaders around the country lay awake contemplating three of their biggest concerns: the difficult labor market, optimizing the use of and considering new technology and improving the patient experience.
Becker's: Pair Digital Strategy With a Fresh Revenue Cycle Approach
Becker's Hospital ReviewMay 18, 2022
Healthcare financial and operational leaders are grappling with major challenges like labor shortages, patient satisfaction and a proliferation of technology vendors to manage. Many leaders see the patient financial experience as ripe for transformation and believe that digital tools and new approaches to revenue cycle operations can help.
Five Healthcare Workforce Shortage Solutions for Physician Groups
Chris PierceMay 17, 2022
The healthcare workforce shortage is hitting physician groups hard. Worse, the tight labor market doesn’t appear to be a brief bump in the road. Findings from dozens of studies reveal that the shortage of healthcare professionals in the U.S. will not end anytime soon.
Video: Adventist Health and R1 are Reimagining the Patient Experience
R1 RCMMay 3, 2022
"This is not an either/or. This is an and,” explains Jennifer Stemmler, Chief Digital Officer for Adventist Health. “How do we solve a great consumer experience and improve our yield and cost to collect?”
An Inseparable Duo: Patient Experience and Operating Success
Pat SaxmanApril 25, 2022
Several converging trends are continuing to hammer healthcare organizations. Namely: Thin margins are getting thinner, and a tight labor market is getting tighter, while consumer expectations keep growing.
