News
Article
COVID-19
Patient Experience
Physician Services
Richard Lopez del RinconAugust 3, 2020
Medical Economics: Strategies for responding to the effects of COVID-19
With the spread of the COVID-19 virus continuing to be a top concern, patients are avoiding doctors’ offices. As a result, practices are experiencing significant financial hardships—one recent Medical Group Management Association ...
Article
COVID-19
Physician Services
Revenue Cycle
Richard Lopez del RinconJuly 17, 2020
Physicians Practice: Succeed with an EHR-agnostic Revenue Cycle Platform Post-COVID-19
While COVID-19 has presented challenges to every healthcare industry sector, physician practices have taken some of the most significant financial hits over the past few months. A recent Medical Group Management Association (MGMA) survey found that 97 percent of practices have experienced a negative financial ...
Blog Post
COVID-19
Patient Experience
Revenue Cycle
R1 RCMJuly 6, 2020
10 Statistics that Show How COVID-19 Has Changed the Revenue Cycle
At the end of 2019, healthcare leaders projected the upcoming year would bring more consolidation and a greater focus on consumerism. While we’re now seeing these predictions come to fruition, no one anticipated the seismic shift that would happen due to COVID-19 – and the many ways the pandemic would impact ...
Blog Post
COVID-19
Revenue Integrity
Andrew StieveJuly 2, 2020
Maximizing Post-COVID Reimbursement with Revenue Integrity
COVID-19 wreaked havoc with the healthcare industry; hospitals and health systems have lost a collective $36.6 billion over the past four months. Recovering from such a major financial hit can seem n insurmountable, however, by optimizing the middle of your revenue cycle, you can identify opportunities and begin ...
Blog Post
Consumerism
COVID-19
Patient Experience
Chris IngersollJune 15, 2020
How the COVID-19 Pandemic Has Emphasized the Consumer Experience
In Malcolm Gladwell’s 2000 book, The Tipping Point, he describes the advancement of “social epidemics” where a slow and steady adoption of a new cultural phenomenon or technology innovation suddenly hits an inflection point which is followed by massive adoption seemingly overnight. The innovation is ...
Blog Post
Collections
COVID-19
Finance
Wanda BrooksJune 9, 2020
Optimizing Financial Clearance and Advocacy to Thrive Amid COVID-19
As both providers and patients cope with the impact of COVID-19’s high cost, little relief is in sight.
Blog Post
COVID-19
Patient Experience
Registration
Tom LytleJune 8, 2020
Remote Registration Ensures Patient and Staff Safety During COVID-19
Throughout the COVID-19 pandemic, frontline patient registrars have provided critical assistance by scheduling and coordinating care for thousands of hospital patients. While these roles are in high demand, they also require employees to work in high-risk environments—given the frequent face-to-face patient ...
Consumerism
COVID-19
Podcast
Chris IngersollJune 4, 2020
HFMA: Chris Ingersoll Discusses How COVID-19 Has Impacted the Future of Healthcare
Since the COVID-19 pandemic hit the U.S., the healthcare industry has been speculating on the short and long-term effects. Chris Ingersoll, Vice President, Product Strategy at R1, recently recorded
Article
COVID-19
Hospital Management
Physician Advisory
Dr. Ronald HirschMay 28, 2020
RACMonitor: ASC Partnership as a Hospital Without Walls
Everyone is anxious for life to return to normal, but none more than those patients who had planned to have surgery in March or April, but had their surgery cancelled due to the COVID-19 pandemic. These patients have conditions that warrant surgery, but were deemed not to be urgent or emergent, and therefore ...
Article
CMS
COVID-19
Physician Advisory
Dr. Ronald HirschMay 26, 2020
RACMonitor: Confusion Remains over Medicare Guidance on Treating Patient Homes as Hospital Departments
There is continued confusion over the use of patient homes as off-campus, provider-based clinics for Medicare billing purposes. This is the provision in the Centers for Medicare & Medicaid Services’ (CMS’s) second recent Interim Final Rule (IFR) that allows hospitals to bill for services provided by employed ...
