Hospital Revenue Cycle Management

WA Provider Files Complaint Against Cerner in Bankruptcy Court

by Jacqueline LaPointe

Washington-based Astria Health recently filed a complaint in bankruptcy court against Cerner, blaming the EHR and revenue cycle management vendor for the health system’s financial demise and the...

39% of Hospitals to Operate in Red Despite Vaccine Rollout

by Jacqueline LaPointe

More hospitals will operate in the red in 2021 even with a smooth vaccine rollout and reduced COVID-19 hospitalizations, the American Hospital Association (AHA) reports. An analysis prepared by...

Price Transparency to Digital Billing, Unlocking Financial Experience

by Jacqueline LaPointe

Carilion Clinic has had all of its pricing information on its public website since January 1, 2021, the day HHS implemented a new hospital price transparency rule. Compliance with the new...

Yale New Haven Health Streamlines Patient Billing Experience

by Jacqueline LaPointe

Millions of patients present at Yale New Haven Health each year because they are sick, want to manage their chronic conditions, or simply have a healthcare-related need. With such a large volume of...

COVID-19 Hospital Revenue Losses Could Reach Up to $122B in 2021

by Jacqueline LaPointe

Total hospital revenue will take a significant hit compared to pre-pandemic levels, spelling trouble for ongoing COVID-19 vaccination efforts, according to a new analysis. The analysis prepared by...

Non-Coronavirus Hospital Admissions Drop Again

by Jacqueline LaPointe

Hospitals are facing another setback as non-coronavirus hospital admissions drop yet again after months of recovery, according to a recent analysis. Hospital admissions for reasons other than COVID-19...

Rocky Hospital Financial Performance Suggests Long Road to Recovery

by Jacqueline LaPointe

Hospital financial performance started on a low note in 2021, with margins, volumes, and outpatient revenues all below prior year performance in January, according to the latest data from healthcare...

How a Safety-Net Hospital Maintains a Patient-Centered Revenue Cycle

by Jacqueline LaPointe

In the Hudson Valley is Montefiore St. Luke’s Cornwall Hospital. The non-profit, safety-net hospital serves more than 270,000 patients residing in the area and hospital leaders have made...

Medicare FFS Utilization Declined Across the Board During COVID-19

by Jacqueline LaPointe

As communities implemented shelter-in-place orders and medical providers closed their doors in the spring of 2020, older adults did not seek medical care, leading to a dramatic reduction in Medicare...

COVID-19 Increases Rural Hospital Closure Risk, Care Access Concern

by Hannah Nelson

The risk of rural hospital closures has increased significantly since the onset of COVID-19, drawing concern for care access and community health, according to a Center for Healthcare Quality and...

30% of Hospitals Use Two or More Revenue Cycle Management Vendors

by Jacqueline LaPointe

Many hospitals and health systems are relying on a multitude of vendors to automate various aspects of revenue cycle management, according to a new survey. Approximately 30 percent of healthcare...

Will Hospital Patient Visits Return to Normal in 2021?

by Jacqueline LaPointe

Hospitals still have some time before they recover from historic patient visit reductions during the COVID-19 pandemic in 2020, according to a new analysis. Hospital patient visits are unlikely to...

Medicaid Expansion Still Boosting Hospital Finances

by Jacqueline LaPointe

A study coming out of the Urban Institute shows that hospitals continue to reap the financial benefits of Medicaid expansion. The study recently published in Health Affairs found that hospitals in...

10 Hospital Service Lines Most Impacted by COVID-19

by Jacqueline LaPointe

The COVID-19 pandemic has led to historic patient volume losses, and many major hospital service lines continue to see a significant impact on their volumes because of rising cases and lasting changes...

Latest COVID-19 Surges Impact Hospital Operating Margins

by Jacqueline LaPointe

Hospital operating margins took a hit in November as rates of infection and COVID-19 hospitalizations ticked up yet again across the country, according to the latest National Hospital Flash...

Provider Groups Update Guidance on Maintaining Surgery Amid COVID-19

by Jacqueline LaPointe

Four of the healthcare industry’s leading associations have revamped guidance on maintaining essential surgery as the number of COVID-19 hospitalizations surges across the country again. The...

Hospital Margins, Volumes Still Falling Months into Pandemic

by Jacqueline LaPointe

October was a challenging month for hospitals, according to healthcare consulting firm Kaufman Hall. The firm’s latest National Hospital Flash Report found that hospital operating margins fell...

Slow Hospital Visit Recovery Suggests Telehealth Here to Stay

by Jacqueline LaPointe

Hospital visit recovery may be hitting another bump in the road as new consumer research indicates that patients prefer telehealth services and other alternative care options. The new data from...

Breaking from Traditional Healthcare Budgeting During Modern Times

by Jacqueline LaPointe

No one could have predicted the impact COVID-19 would have on 2020, least of all healthcare executives who approved budgets and spending targets months or even a year prior to the outbreak of the novel...

Health Systems Losing Money on Employed Physicians During COVID-19

by Jacqueline LaPointe

The ongoing COVID-19 pandemic is creating a perfect storm for health systems, which appear to be taking hits on both the hospital and physician practice sides of their business. The latest National...