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
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.
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 ...
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 ...
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, ...
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.
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 ...
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 ...
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 ...
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 ...
