News
Article
Automation
Physician Services
Revenue Cycle
Joe Polaris for Physicians PracticeMarch 18, 2020
Automation Can Standardize RCM Workflows and Provide Price Transparency
Given CY 2020’s Hospital Price Transparency Requirements, which take effect January 1, 2021, there has been a huge push in the healthcare industry to not only provide financial clarity to patients, but also deliver on rising overall consumer expectations in order to stay competitive. While price ...
Article
Consumerism
Patient Experience
Physician Services
Richard Lopez del Rincon for MGMAMarch 16, 2020
Creating Access and Engagement Across the Revenue Cycle
In the wake of the 2019 White House Executive Order mandating price transparency,1 many healthcare organizations have accelerated plans to enable greater cost transparency. Physician practices can substantially strengthen these plans by acknowledging that such transparency is ...
Billing
Blog Post
Physician Services
Quality Programs
Lynn Guerrant BSN, MSFebruary 28, 2020
Survival Strategies for Independent Practices in a Value-Based Environment
With the advent of MACRA, CMS has begun to shift healthcare reimbursement from fee-for-service to one based on achievement of value-based metrics. The goals of Value-based care are to improve care quality and lower costs. Independent providers must overhaul their financial and clinical processes to ...
Best Practices
Blog Post
Collections
Physician Services
Richard Lopez del RinconFebruary 20, 2020
Five Ways to Decrease Patient No Shows in Physician Practices
Patients who do not show up for scheduled appointments disrupt practice flow by taking dedicated time slots away from other patients and negatively impact the productivity of both the provider and staff. Practices often waive ‘no shows’ as a normal part of business but when translated to a bottom-line impact, ...
Best Practices
Blog Post
Physician Services
Quality Programs
Lynn Guerrant BSN, MSJanuary 31, 2020
Six Important Steps in Creating a Quality Improvement Team for a Physician Practice
Quality and value seem to be two of the most elusive words in health care today. The debate over how to define, measure, and achieve quality and value, stretches from shore to shore, across all specialties and to the top reaches of our government. While definitions and rules change with startling rapidity, one ...
Blog Post
Payer Mix
Physician Services
Brooks BabcockJanuary 31, 2020
How Your Independent Practice Can Better Negotiate with Payers
Actively negotiating with payers is an important aspect of both practice management and revenue cycle management activities for independent medical practices. Although the impact can be significant, most providers have had little to no experience doing so or have not seen much success in past negotiations, ...
Physician Services
Press Release
Revenue Cycle
R1 RCMJanuary 27, 2020
R1 Expands Physician Practice Footprint with District Medical Group
650-provider medical group selects R1 to drive financial performance, support significant growth and navigate complex payment models
Physician Services
Press Release
Revenue Cycle
R1 RCMJanuary 22, 2020
R1 RCM Expands Market Reach with Launch of Revenue Cycle Management Solution for Large Physician Groups
Solution provides a standardized RCM operational strategy across all care settings and reimbursement models to deliver superior financial outcomes.
Article
Automation
Patient Experience
Physician Services
Dan Pope for Physicians PracticeJanuary 21, 2020
Streamline Your Revenue Cycle with Intelligent Automation
For years, healthcare organizations have been keeping revenue cycle operations in-house and investing in one-off software applications to address various challenges. Leaders are seeing little-to-no return on these investments and are left with disjointed technology that makes it harder for staff members to ...
Blog Post
Collections
Physician Services
Revenue Cycle
Richard Lopez del RinconDecember 9, 2019
Five Revenue Cycle Metrics Profitable Practices Are Measuring
Measuring the financial health of your practice plays an important role in future growth. When you understand the metrics that impact your revenue cycle, you can better manage your overall process by making strategic changes to increase revenue and lower costs.
