HFM: Revenue Cycle Staff Shortages Push Leaders to Adapt Quickly

Lisa EramoMarch 8, 2022

The pandemic-driven workforce shortage is leading to significant changes in revenue cycle management operations at many hospitals and health systems.

 

Changes include the greater use of remote workers, soaring wage costs, implementation of sign-on bonuses, the outsourcing of jobs and greater use of automation, all of which ...

Read More

HFM: How LifePoint Health Revamped its Revenue Cycle

Jason RossMarch 7, 2022

After two years of operating during the pandemic, hospital organizations such as LifePoint Health continue to face financial challenges. 

 

Labor and supply costs increased by 14% and 13%, respectively, between 2020 and 2021, and Kaufman Hall projects hospitals’ losses for 2021 could amount to $53 billion under an ...

Read More

What Is Revenue Cycle Management in Healthcare?

R1 RCMFebruary 11, 2022

Revenue cycle management (RCM) in healthcare is the business process that enables organizations to be paid for providing services. There are 17 unique steps in the revenue cycle, which ...

Read More

R1 RCM to Acquire Cloudmed, Creating the Strategic Revenue Partner for Healthcare Providers

R1 RCMJanuary 10, 2022

Advances Integrated Technology Strategy Through Enhanced Revenue Intelligence and Expanded Automation Opportunity

Read More

Intelligent Automation in Revenue Cycle Management: By the Numbers

Ronald HaduchDecember 9, 2021

Healthcare providers face unprecedented volume gaps, which is putting more pressure on finance and revenue cycle leaders to create efficiencies that increase margins. But what does this really mean in terms of dollars and operational improvement? And how can intelligent automation (IA) help?

Read More

Adventist Health Selects R1 as Patient Billing Partner in its Quest for Consumer Excellence

R1 RCMNovember 16, 2021

VisitPay to offer a seamless and complete payment experience for Adventist Health patients expanding the reach of R1’s Entri™ platform

Read More

Healthcare Finance: Self-Scheduling Eases Patients, Workloads and Appointments

Susan MorseNovember 12, 2021

The revenue cycle automation enabled Baptist Health Care to quadruple the number of diagnostic appointments made online.

Read More

Becker's Hospital Review: Rev Cycle Optimization Powerful for Transforming Patient Experience

R1 RCMNovember 12, 2021

The patient journey often starts before a patient sets foot in a hospital or a physician's office. It’s the initial steps in the revenue cycle that can set the tone for the entire patient journey.

Read More

Becker's Hospital Review: Serving as a Trusted Partner to Emergency Departments

Tammy WoodNovember 11, 2021

Tammy Wood, Vice President of Operations at Concord Medical Group, recently recorded a podcast with Becker's Hospital Review where she discusses Concord's evolution as an organization, the importance of maintaining accurate clinical documentation in emergency departments, and the impact the No Surprises Act will have on the healthcare ...

Read More

Artificial Intelligence vs. Intelligent Automation: Cutting the Jargon

Sean BarrettNovember 3, 2021

Artificial intelligence (AI) might be one of the most misused words in the technology vernacular. It’s often erroneously interchanged with machine learning (a subset of AI) and has become an umbrella term that either ...

Read More

\