Today’s healthcare providers know that exceptional clinical care and quality outcomes are not enough—patients expect more when it comes to their healthcare experiences. With patients increasingly bearing more of their healthcare costs, hospitals and health systems need to take steps to ensure that a patient’s ...
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 ...
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 ...
For a physician group practice to be successful in today’s healthcare environment, organizations must dedicate resources toward creating a cohesive, streamlined revenue cycle and giving patients the best possible financial experience. As high-deductible healthcare plans and out-of-pocket costs continue to ...
Today, providers need to place more emphasis on collection from patient balances since there is more financial responsibility from insured patients. This is a direct result from high dollar deductible health plans associated with health saving accounts or tax-advantaged medical savings accounts.
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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.
In today’s billing environment, increasingly higher payment responsibility resides with patients. Self-pay accounts have steadily grown to essentially their own payer ...
To stay competitive and fiscally sound, hospitals and physician practices are turning to revenue cycle management (RCM) partners, like R1 RCM, to digitally transform their internal operations and boost financial performance.
Is it time for a checkup? Whether your practice is healthy or in operational pain, a physician practice assessment can uncover the underlying problems that are holding your practice back. Long before “big data” and “analytics” were buzz words in the healthcare industry, physician practices have been using ...
Since we were all in kindergarten, we have been taught to work out our differences when we disagree. Ultimately, it provides an opportunity for the other side to understand our perspective, and we may even gain some type of ground in the relationship.
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