In this episode we share the best path to optimize your revenue cycle results. We’re joined by two leaders from Xtend Healthcare: Mike Morris, President & CEO; and Billy Padilla, Chief Information ...
$42.7 billion: that’s the annual cost of uncompensated care according to the AHA’s last report [1]. The number has been rising for years, as the payer mix shifts, patients gain more financial ...
Revenue cycle leaders must review, update, and optimize their EHR systems regularly to ensure their efficiency over time. Revenue cycle leaders are on the hook for ensuring their organization can ...
Turnover often reveals dependencies that were easy to overlook when one experienced biller managed the workflow for years. Common breakdown points include: Steps that were never formalized into a ...
With so many components to the process – payer contracting, registration, authorization and certification, financial counseling, co-pay and coinsurance collection, dictation and transcription, coding, ...
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 ...
Taking steps to shore up trust, communication, and training before making changes will provide leaders a strong foundation upon which to build improvement initiatives. When coming into a new ...
Each health care organization should maximize revenue amid rising operating costs. Revenue cycle management can help identify ...
If you review the various reports and statistics regarding ICD-10 readiness, you know that there’s still plenty of work to do before the Oct. 1 deadline. A recent MGMA study polled 1,200 practices ...
Puzzled about why your surgery center doesn’t seem to have enough cash at the end of the month? If you’re having trouble covering costs and making distributions, it’s time to take another look at ...
Healthcare providers are looking for ways to improve the efficiency of their revenue cycle management (RCM). A solution on everyone’s radar is Artificial Intelligence (AI), a powerful tool that can ...