Revenue cycles challenged by mandates of No Surprises Act
Susan MorseDecember 5, 2022
The No Surprises Act has reportedly done its job in preventing an estimated nine million surprise medical bills since going into effect at the start of this year, ...
Communication and Shared Goals: Creating Successful RCM Partnerships
R1 RCMOctober 14, 2022
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 ...
3 Ways Revenue Cycle Partnerships Produce Financial Sustainability
R1 RCMAugust 25, 2022
There is no doubt that many healthcare systems and practices are in a strenuous financial period. Organizations need to quickly identify opportunities to reduce costs and increase profitability, which is making them seriously consider
Becker's: What R1 RCM Learned from its Midyear Financial Trends Report
Becker's Hospital CFO ReportJuly 15, 2022
Gary Long hears a lot about the challenges facing healthcare financial leaders in his role as R1 RCM's executive vice president and chief commercial officer.
The issues that he and his team have heard anecdotally have been backed up in a midyear financial trends report released by R1 RCM in June. The company surveyed 205 CFOs and vice ...
Physicians Practice: 4 Ways to Exceed Patient Expectations via the Rev Cycle
Joe PolarisJuly 7, 2022
As costs rise on goods and services from groceries to gas to car prices, Americans are facing unprecedented financial challenges. The extra pressure of rising healthcare costs isn't making life ...
Five Revenue Cycle Metrics Profitable Practices Are Measuring
R1 RCMJune 20, 2022
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.
Becker's: Pair Digital Strategy With a Fresh Revenue Cycle Approach
Becker's Hospital ReviewMay 18, 2022
Healthcare financial and operational leaders are grappling with major challenges like labor shortages, patient satisfaction and a proliferation of technology vendors to manage. Many leaders see the patient financial experience as ripe for transformation and believe that digital tools and new approaches to revenue cycle operations can help.
Rethink Patient-Facing RCM during Labor Shortage Part 3: Challenges of Small Hospitals
Philip MilsomApril 20, 2022
Imagine this predicament: You manage the registration and admissions functions at a small hospital in rural North Carolina. You’ve recently lost several staff members to retirement, family moves, and other routine causes of attrition. However, several of these staff vacancies occurred Read More
Rethink Patient-Facing RCM during Labor Shortage Part 2: Why Remote RCM Makes Sense
Brooks BabcockApril 20, 2022
Working remotely was a necessity for many people during COVID-19 lockdowns. As the proverb goes, “necessity is the mother of invention.” So, perhaps it shouldn’t surprise us that within mere months, humanity found ways to remotely accomplish all sorts of jobs that were primarily performed in person before the ...
Rethink Patient-Facing RCM During Healthcare Labor Shortage Part 1: Why Now?
Stephen BernardMarch 8, 2022
"We're hiring."
It’s probably safe to say that most of the country’s hospitals and health systems are posting that message prominently right now. Recent employment trends show that the number of people quitting healthcare and social assistance jobs was
