Communication and Shared Goals: Creating Successful RCM Partnerships
R1 RCMOctober 14, 2022
What do marriages, friendships and even revenue cycle partnerships all have in common? They are powered by communication, shared goals, commitment and adaptability – things that are key to any successful and long-term relationship.
Becker’s Healthcare sat down with Nola Wyatt, recently retired vice president of revenue cycle at ...
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 ...
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 ...
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.
Good Faith Estimate Interim Final Rule Tells Us About Future of Healthcare Regulation
R1 Regulatory TeamMarch 28, 2022
The No Surprises Act of the 2021 Consolidated Appropriations Act greatly expanded patient protections through upfront cost transparency in the form of Good Faith Estimates (“GFE”). Specifically, the law requires each health care ...
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
4 Signs It’s Time to Work with a Physician Practice Management Company
Scott MaulMarch 10, 2022
Your goal as a physician is to provide superior healthcare for your patients, but running a successful medical group takes a lot more than clinical excellence. The day-to-day demands of operating a busy physician practice require you to have superior business management skills.
Becker's Hospital Review: Darwin and the Revenue Cycle
Gary LongNovember 1, 2021
In Charles Darwin’s seminal work on evolution, he said “It is not the strongest of the species that survives, nor the most intelligent. It is the one that is the most adaptable to change.” I think it’s fair to say that this is being proven true in healthcare now more than ever.
