Technology News

88% Improve Claims Submissions Using Revenue Cycle Analytics

July 28, 2016 - According to a Navicure survey, medical organizations that used a revenue cycle analytics or business intelligence solution were able to boost performance on key healthcare revenue cycle metrics. About 88 percent of participants reported that claims submissions improved, followed by rejection rates (84 percent), denials (78 percent), cash flow (76...

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Epic Systems Tops List of Hospital RCM Technology Users

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The healthcare industry finds itself at a turning point in regard to reimbursement. Fee-for-service reimbursement is giving way to alternative payment models that emphasize value over volume, but it...

Medicaid Program Advances Patient Engagement, Interoperability

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At the HIMSS16 conference in Las Vegas, the Centers for Medicare & Medicaid Services (CMS) will be presenting a discussion revolving around how health IT applications could incentivize patient...

Federal Agencies Advance Alternative Payment Models in Medicine

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In recent years, the federal government has positioned the healthcare industry to adopt new reimbursement tactics aimed at strengthening pay-for-performance initiatives. These regulations consist of...

Providers Squeezed to Integrate Care Management Solutions

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At this year’s HIMSS conference and exhibition, Chilmark Research released the 2016 Care Management Market Trends report, which outlines how the market is leaning on healthcare providers to create...

Why Revenue Cycle Management Needs Electronic Data Exchange

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More focus on electronic data exchange can potentially save healthcare organizations, hospitals, and health systems $8 billion annually, according to a report from the American Hospital Association...

EHR Documentation Policies Improve Revenue Cycle Management

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Revenue cycle management can reap substantial benefits from improved electronic health record (EHR) documentation. But the learning curve is perhaps still too steep to move forward without...

How to Slash Common Healthcare Supply Chain Management Costs

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Healthcare supply chain management strategies are generally tied to keeping costs low. But with an apparently broken system still in place, this is not a simple task. Whereas other industries seem...

Why Hospital Revenue Cycle Demands More Patient Engagement

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A lack of technological alignment may cause hospital revenue cycle to dip substantially, according to research from Accenture. Stronger patient engagement efforts and revision of digital health...

Moving Past the “Model Hospital” with Revenue Cycle Management

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Many healthcare organizations have recently implemented a new electronic health record (EHR), resulting in a new revenue cycle system.  Through this transition, most of the major EHR vendors insist...

Can Automation Investment Keep Insurance Claim Costs Down?

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Hospitals are focusing on various outsourcing endeavors or different manual approaches to maintain a healthy revenue cycle. But is it working as planned? Perhaps only at a...

How to Bend Healthcare’s Cost Curve Over the Next Decade

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Healthcare costs are growing but not as quickly as they once were. The big question is why? It’s a tough one to answer. To put it lightly, the delicate art of pinpointing specific or...

5 Supply Chain Management Questions and Answers

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A chain is no stronger than its weakest link. But strengthening the most fragile links when many moving parts collectively bump into each other along the way is no easy task when it comes to supply chain...

Is Primary Care’s Role Keeping Up with Health Demographics?

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Is primary care here to stay, but only if it receives a heavy-handed makeover? According to new research from PwC's Health Research Institute (HRI), redesigned primary care system is best...

Is U.S. Healthcare Really a Big Spender in Global Contrast?

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Healthcare spending nationwide is more expensive in comparison with our international neighbors due to greater medical technology implementation and higher healthcare prices, confirms a Commonwealth...

New Focuses Emerge with National Health IT Week’s Tenth Year

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Is health information technology (health IT) silently advancing the world of medicine? As the tenth anniversary of National Health Information Technology Week from October...

MGMA: Healthcare Facility Operations Spending Grows By 12%

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As the needs of healthcare facilities continue to increase, practices are spending more money on enhanced technology and nonphysician providers (NPPs), according to a Medical Group Management...

VA Benefits Management Systems Need Increased Management

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Although the Department of Veterans Affairs (VA) has made great strides recently by implementing its Veterans Benefits Management Systems (VBMS) across all of the organization’s regional offices,...

Healthcare Supply Chain Transparency May Save Billions in Waste

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The evolving connection between healthcare supply chain and revenue cycle management is yet to be explored. As RevCycleIntelligence.com reported, an innovative discipline level within the healthcare...

Does a Half Billion HIE Investment Create ROI?

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Following a decade of healthcare’s investment in health information exchange (HIE) platforms, the healthcare industry enters a state of reflection and analysis regarding what the return on...

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