Effective coding, billing and collection processes are vital to ensuring timely and accurate payment for practice services. In the absence of strong procedures and systems, you put your medical group's financial stability at risk.
RCM outsourcing and technology go hand-in-hand. This robust technology can lead to reduced costs and increased revenue collections, which is especially important in light of new hospital margin data included in Kaufman Hall's
If you’re like most healthcare executives, you've probably spent countless hours thinking about a host of challenges including rising operating costs, the labor market, and how to improve the patient experience. You’ve probably read articles about RCM outsourcing, watched webinars and analyzed data about the impact it can have. Maybe you’ve ...
Every night since the pandemic, countless healthcare financial leaders from around the country have spent sleepless nights contemplating their biggest concerns: rising operating costs, optimizing the use of new technology, navigating the labor market, and improving the patient experience. ...
Denial prevention and effective denial management strategies are key to maximizing the revenue potential for the healthcare services you provide to your patients.
Dear Health Leaders,
In the world of revenue cycle ...
While the healthcare industry continues to climb its way out of a pandemic, it’s also facing unprecedented challenges, including rising operating costs, labor shortages and shrinking margins. What if there was a global delivery model that could help the industry during this challenging time?
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 ...
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 ...
The unprecedented challenges health systems face today are well publicized – from rising costs to scarce labor to shrinking margins – each of which is compounded by the ever-increasing portion of revenue that falls under patient responsibility. Patients can’t keep up. Even insured patients now represent
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