Value-Based Reimbursement: The Future of Healthcare
Brian BellamyJune 28, 2022
Over the past several years, healthcare has begun the move toward the adoption of value-based reimbursement (VBR). The transition is picking up speed as the industry begins to emerge from the COVID pandemic.
Adventist, Ascension and LifePoint Share RCM Pressures and Solutions
R1 RCMJune 13, 2022
Every night countless healthcare financial leaders around the country lay awake contemplating three of their biggest concerns: the difficult labor market, optimizing the use of and considering new technology and improving the patient experience.
The Value of Rev Cycle Partnerships: A Discussion with LifePoint SVP Jason Ross
Brian ZimmermanJune 3, 2021
Amid what may be healthcare’s toughest era, financial leadership currently faces the daunting task of increasing revenue while simultaneously containing costs. At the recent Becker's Hospital Review 11th Annual Meeting, Jason Ross, senior vice president of revenue and network management for LifePoint Health – a nationwide health system with 87 ...
Chief Healthcare Executive: CMS' Price Transparency Rule
Ogi KwonApril 22, 2021
The new federal price transparency law took effect January 1, 2021, yet many hospitals – still focused on financial recovery in COVID-19’s wake – were not prepared to become fully compliant by this date. In this Chief Healthcare Executive video interview, Ogi Kwon – Manager, Advisory & Assurance in R1’s regulatory division – ...
A Strategy to Eliminate Fixed Costs From the Hospital Revenue Cycle
Peter A. HallApril 21, 2021
Just days into 2021, industry leaders such as KaufmanHall began projecting that hospitals and health systems were in for another tumultuous financial year: in addition to recovering from ...
Getting the Greatest ROI from Revenue Cycle Automation
Philip MilsomMarch 10, 2021
A year after operating margins dipped into negative numbers and YOY revenues decreased as much as
HFMA: 8 Security Tips for Remote Revenue Cycle Staff
Ken TownsendAugust 5, 2020
Poorly secured home networks. Highly accessible workstations. Use of personal laptops that don’t adhere to security standards. Each of these (and more) is a vulnerability for revenue cycle staff working at home during COVID-19. Unfortunately, with vulnerability comes opportunity for hackers to target this newly remote workforce and access ...
Inside Digital Health: Price Transparency is Top Revenue Cycle Trend for 2020
Chris IngersollDecember 9, 2019
At long last, healthcare is starting to act on the realization that we must embrace a consumer approach to the healthcare financial experience. While the concept of revenue cycle consumerism has been discussed for years now, 2020 is the year when we might finally see the adoption of real solutions. That’s because next year promises to be ...
Rethinking Revenue Cycle Management
R1 RCMNovember 8, 2019
As revenues decline and consumerism rises, managing the revenue cycle effectively has become increasingly challenging for today’s healthcare leaders. Here, Joe Polaris, senior vice president of product and technology, and Wesley Arnett, executive vice president of deployment for R1 RCM, discuss options healthcare leaders have in outsourcing ...
Becker's Hospital Review: Why Prevention is the Best Medicine for Clinical Denials
Becker's Hospital ReviewApril 29, 2019
Clinical denials are a fact of life for hospitals. Providers must contend with a number of government audits conducted by several different organizations. On the private payer side, hospitals must comply with complex approval processes related to prior authorizations, admission status and medical necessity.
