The difference between clean claims and initial claims denials is a major key performance indicator (KPI) that hospitals track, according to a new survey.
The new survey from healthcare revenue cycle...
Hospitals volumes once again declined this summer as coronavirus resurged due to the Delta variant, according to a new report from Kaufman Hall.
The healthcare consulting firm drew on financial data...
Hospitals are estimated to lose $54 billion in net income this year despite receiving federal aid to offset revenue losses and added expenses from the ongoing COVID-19 pandemic, a new report...
Healthcare providers and payers send millions of business transactions a day. These transactions ensure providers get paid for delivering care to patients, but they also create a treasure trove of data...
Media exposure, public awareness, and patient advocacy led to fewer patient medical debt lawsuits in Virginia, a recent study published in JAMA suggests.
The study follows a popular 2019 analysis...
Hospital margins are likely to fall in areas experiencing rising COVID-19 hospitalizations, according to the latest predictions from Fitch Ratings.
The squeeze on hospital margins will impact...
The number of health systems using revenue cycle automation has increased by 12 percent since last year, according to a survey commissioned by AKASA.
The survey results included data from nearly 400...
Both hospitals and physician groups have hit a setback with healthcare financial recovery following this summer’s resurgence of positive COVID-19 cases, a pair of new Kaufman Hall reports...
Hospitals are taking steps on the road to recovery after dramatic losses across volumes, revenues, and other financial metrics during the COVID-19 pandemic, according to the latest hospital financial...
Fixed-rate hospital contracts yield lower prices and costs compared to discounted charges contracts, according to a study from the American Journal of Managed Care (AJMC).
Hospital visits result in...
Hospital claim denial rates are at an all-time high, signaling a need for better claims denial management, a recent survey from Harmony Healthcare reveals. The healthcare industry has seen a 20 percent...
The American Hospital Association (AHA) recently launched the AHA Vitality Index, a data benchmarking tool that provides hospitals with a dashboard to track claims and reimbursements, as well as...
Hospital revenue, volumes, and margins increased in April 2021 both year-to-date and year-over-year, but have a long way to go in terms of COVID-19 recovery, according to a report by health care...
Healthcare has a patient financial responsibility problem. The burden of high deductibles, out-of-pocket costs, and other medical expenses has increased exponentially over the last decade, making it...
If there is a lesson to take from the COVID-19 pandemic, it is that the way healthcare operates needs to change. Sudden, dramatic declines in patient volumes left many hospitals and health systems...
Patient access is generally the first encounter a patient will have with a healthcare organization, making it central to the patient experience. But this aspect of healthcare is also a major first for...
About three-quarters of hospitals and health systems in the US deployed revenue cycle management (RCM) technology or underwent active technology deployments during the COVID-19 pandemic, according to a...
Narrow margins, high costs, and low patient volumes have contributed to ongoing revenue uncertainty for hospitals and physicians, according to new reports from the healthcare consulting firm Kaufman...
The University of Virginia Health System (UVA Health) will drop all lawsuits against lower-income individuals after years of suing patients for outstanding patient financial responsibility.
In a...
About one-third of hospitals and health systems do not use revenue cycle automation, according to a new survey.
The survey commissioned by AKASA was conducted through the Healthcare Financial...
