Evaluating RCM Technology Through Three Different Stakeholder Lenses
R1 RCMJuly 6, 2023
RCM outsourcing and technology go hand-in-hand. This robust technology can lead to reduced costs and increased revenue collections, which is especially important in light of new hospital margin data included in Kaufman Hall's
Executive Shares Insights on RCM Outsourcing
R1 RCMJuly 6, 2023
If you’re like most healthcare executives, you've probably spent countless hours thinking about a host of challenges including rising operating costs, the labor market, and how to improve the patient experience. You’ve probably read articles about RCM outsourcing, watched webinars and analyzed data about the impact it can have. Maybe you’ve ...
Healthcare Trends and Data Show Clinical Shortage 'Tip of the Iceberg'
R1 RCMOctober 6, 2022
As the country is emerging from the worst of the pandemic, restaurants, local shops and national chains are constrained by staffing shortages. It’s an inconvenience to say the least, but this is just the tip of the iceberg as other sectors of the labor market are tightening in more crucial ways.
A healthcare labor shortage – one that ...
How Entri Pay Disrupts the Patient Payment Model
Nikolaus TrottaSeptember 21, 2022
The unprecedented challenges health systems face today are well publicized – from rising costs to scarce labor to shrinking margins – each of which is compounded by the ever-increasing portion of revenue that falls under patient responsibility. Patients can’t keep up. Even insured patients now represent
Physicians Practice: 4 Ways to Exceed Patient Expectations via the Rev Cycle
Joe PolarisJuly 7, 2022
As costs rise on goods and services from groceries to gas to car prices, Americans are facing unprecedented financial challenges. The extra pressure of rising healthcare costs isn't making life ...
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.
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.
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
HIT Consultant: Improving Patient Experience Amid The No Surprises Act
Ogi KwonSeptember 10, 2021
With the No Surprises Act taking effect in less than four months, it is critical that hospitals and providers leverage technology to ensure patients are informed about their expected care costs prior to receiving services. Despite industry improvements in the last several years, there remains a pressing need for more meaningful price ...
