News

Best Practices
Blog Post
COVID-19
Finance
Payer Contracts
Physician Services
Revenue Cycle

R1 RCMNovember 12, 2020

Increasing Revenue Through Payer Contract Management

Financial recovery isn’t just an uphill battle for today’s physician practice – it’s a mountainous one of Kilimanjaro proportions. Most practices are making up for a substantial decrease in revenue that resulted from a

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Financial Clearance
Physician Services
Podcast
Revenue Cycle

Dan DooleyNovember 10, 2020

Physicians Practice: Financial Clearance, Patient Advocacy, and the Effects of the Pandemic on RCM

Dan Dooley, Vice President of Physician Services at R1, recently recorded a podcast with Physicians Practice where he discusses how the pandemic will change revenue cycle management, as well as how practices can achieve financial clearance and thereby further support their patients.

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Article
Patient Experience
Physician Services
Telehealth

Vijay KotteNovember 6, 2020

MGMA: Enduring the Second Wave - 4 Strategies to Prepare Your Practice's Revenue Cycle

When COVID-19 first hit, practices were forced to enter crisis mode and make tough decisions to remain open. More than 12,000 job losses occurred in the month of March alone,¹ and on average practices have reported a 55% decrease in revenue.² After facing the devastating financial impacts from the initial ...

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Best Practices
Blog Post
Coding
Physician Services

Yvonne RussellNovember 6, 2020

Three Best Practices to Improve Reimbursement Via Coding

2020 is beginning to wind down, but COVID-19’s financial impact on physician practices isn’t. As The Washington Post recently stated, “many of the doctors…who form the backbone of front-line ...

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EMS
Physician Services
Press Release

R1 RCMOctober 30, 2020

R1 Completes Sale of its Emergency Medical Services Business to Sarnova Holdings, Inc.

CHICAGO – October 30, 2020 - R1 RCM Inc. (NASDAQ:RCM), a leading provider of technology-enabled revenue cycle management services to healthcare providers, announced it has completed the sale of its emergency medical services (EMS) business, ...

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Article
Billing
Physician Services
Revenue Cycle

Drew BoxerOctober 28, 2020

Physicians Practice: MGMA 2020 - Thriving Through Better Claims and Collections

Current revenue cycle management (RCM) processes in some practices may be well established, but there is always room for improvement and optimizations.

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Blog Post
COVID-19
Physician Services
Revenue Cycle

R1 RCMOctober 26, 2020

How Financial Clearance Can Create Resiliency for Physician Practices and Patients

More than half a year into COVID-19, physician practices are still facing reduced revenue and patient volume challenges that can no longer be solely attributed to patient safety concerns. Near the start of the pandemic, The ...

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Article
Physician Services
Revenue Cycle

Jacqueline LaPointeOctober 23, 2020

RevCycleIntelligence: Best Practices When Outsourcing Revenue Cycle Management

The revenue cycle is a critical healthcare process, and its management is central to the business of healthcare. But revenue cycle management is complex and frequently wrought with ...

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Article
Coding
COVID-19
Physician Services

Brian SmitOctober 2, 2020

Physicians Practice: Leveraging Clinical Documentation Improvement for Post-COVID Financial Recovery

In the wake of COVID-19, physician practices faced a myriad of challenges creating a contactless and consumer-friendly patient experience, ramping up telehealth services, and transitioning non-clinical staff to work from home. Given these priorities, it’s understandable that clinical documentation ...

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Anesthesia
Blog Post
Physician Services
Revenue Cycle

Kristen Gurney & Jeanette MiniOctober 1, 2020

2020 MIPS Year-End Action Items

We are in the home stretch for the 2020 MIPS Reporting year. This has been an exceptional year; your group may be eligible to apply for an exception due to uncontrollable circumstances or a public health emergency (i.e. COVID-19 reduced case volume, which led ...

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