Breaking from Traditional Healthcare Budgeting During Modern Times
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...Providers Want Innovation, Disruption for Revenue Cycle Management
Technology can’t solve all of healthcare’s problems, but providers agree that it can definitely improve revenue cycle management. In a recent survey conducted by KLAS and the Center for...How Sharp HealthCare is Winning at Revenue Cycle Management
The business of healthcare is no game, but a new gamified approach is making revenue cycle management more fun and more efficient at Sharp HealthCare. The San Diego-based health system recently teamed...Hospital Revenue Cycle IT Budgets to Take a Hit After COVID-19
More hospitals and health systems are planning to decrease revenue cycle IT budgets over the next 12 months, as leaders manage payer mix and other changes post-pandemic, according to a new...Healthcare CFOs Looking to Technology to Boost Waning Margins
Healthcare CFOs do not plan to reduce spending on technology and automation despite a dramatic dip in revenues and margins, according to a recent Black Book survey. For more coronavirus updates, visit...Sponsored by XIFIN
How Purpose-Built RCM Systems for Labs Boost Enterprise ROI
Pairing an enterprise system with a purpose-built revenue cycle management (RCM) platform can improve operational and financial performance for laboratories, particularly ancillary and outreach labs,...How University Hospitals Is Resuming Elective Surgeries
As quickly as the number of confirmed COVID-19 cases went up, the volume of joint replacements, spinal fusions, and other elective, non-emergent services dropped, in some cases up to 99 percent since...Sponsored by Brault
3 Revenue Cycle Management Strategies for EDs in a Time of Crisis
At the start of the year, emergency departments (EDs) across the country began to prepare for an expected surge of patients infected with COVID-19, altering revenue cycle management and operational...How Artificial Intelligence Is Optimizing Revenue Cycle Management
Prior authorizations are one of the most burdensome aspects of revenue cycle management. In a survey of 1,000 practicing physicians conducted by the American Medical Association (AMA), 86 percent of doctors described the burden of prior...Sponsored by Experian Health
A 21st-Century Response to the Patient Collections Challenge
As more healthcare bills go to patients themselves, many hospitals and health systems find their existing collections strategies fall short. Traditional solutions are built to collect from insurance...Sponsored by XIFIN
Overcoming Hospital Laboratory Revenue Cycle, Interoperability Issues
There used to be an expectation that a hospital's enterprise system would handle the workflows, claim filings, and all-important billing processes of its associated laboratories. Today, however, a...CFOs Want To Cut Costs But Don’t Have Data, Resources To Do It
Reducing costs is the top priority for healthcare CFOs, but about three-quarters of finance leaders say that resource constraints are impacting effective financial planning and analysis at their...KLAS: 7 Healthcare Revenue Cycle “Unicorns” Disrupting the Market
Provider organizations have many options when it comes to selecting a healthcare revenue cycle management solution. The market for such technology is rapidly growing, but some vendors are standing out...Providers Adopting Advanced Revenue Cycle Management Capabilities
The nation’s most wired provider organizations are investing in revenue cycle management capabilities in order to perform more advanced tasks, like real-time identification and value-based care...Sponsored by 3M