The shift to value-based care and patient financial responsibility is putting more pressure on providers to focus on the efficiency of their billing processes. This KPI is calculated by subtracting ...
The revenue cycle is the lifeblood of any business, providing necessary means to sustain current operations as well as long-term viability. Although a healthy revenue cycle is something for which ...
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 ...
As more claims roll in and staffing needs deepen, revenue cycle leaders should work on solutions to make up for potential lost revenue. Patient volumes and subsequent claims will only continue to ...
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 ...
There are four key technology trends that revenue cycle leaders are prioritizing to boost efficiency, strengthen vendor management, and support staff transformation. As hospitals and health systems ...
Chandler Barron is president of Parathon, which provides hospitals and health systems tools to collect all the revenue they have earned. There's an intensifying arms race in the revenue cycle. Many ...
Work silos—fragmented teams working independently of one another—represent a significant barrier to high-quality communication and collaboration, without which healthcare organizations cannot achieve ...
Trinity Health and Novant Health are among the health systems that have recently made revenue cycle leadership hires. Here are 25 hospital and health system revenue cycle executive moves that Becker’s ...