An efficient hospital revenue cycle process relies on all administrative and clinical functions working together, but with so many moving parts, there is always room for improvement. 1. Mark Norby, ...
The back and forth between providers and payers over prior authorization data exchanger is approaching its peak. Here are two programs that, if broadly adopted, could help the two sides work together ...
Revenue cycle directors are seeing a clear path for automation to increase revenue, decrease denials, speed up prior authorization and claims, and remove many of the repetitive clicks that hamper ...
As we enter the second decade of the 21st century, medical practices face a host of financial challenges. The unknowns of health care reform, changing reimbursement and rising bad debt from the ...
As technology continues to evolve, revenue cycle staff are always a reliable solution. Organization’s success with revenue cycle management solutions has, at best, been largely varied. Leaders are ...
The healthcare revenue cycle space is facing a staffing shortage. But as hospitals and health systems manage workforce challenges and related financial impacts from bottlenecks in claims submissions ...
Ambulatory surgery centers (ASCs) have diverse processes to navigate, from front-end tasks such as collecting demographic information and verifying insurance, to coding and billing compliance in an ...
With so many components to the process – payer contracting, registration, authorization and certification, financial counseling, co-pay and coinsurance collection, dictation and transcription, coding, ...
The U.S. spends more on healthcare administration than other countries, according to a JAMA study. In fact, the estimated cost of waste accounts for approximately 25% of total healthcare spending.
LITTLE ROCK, Ark.--(BUSINESS WIRE)--MedEvolve, a leading provider of effective intelligence technology that provides, automation, transparency and accountability for the healthcare revenue cycle, is ...
IOWA CITY, Iowa--(BUSINESS WIRE)--Revology, a leader in revenue cycle management (RCM) technology and services for hospitals, health systems, and physician groups, today announced a multi-year ...
Three healthcare finance and revenue cycle leaders shared with Becker’s Hospital Review what they would change about the revenue cycle process. Jenni Alvey, CFO of Indianapolis-based IU Health: “I ...
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