Healthcare Revenue Cycle Management, ICD-10, Claims Reimbursement, Medicare, Medicaid

Revenue Cycle Management Software

Hospitals Turn to Bolt-On, Outsourced Revenue Cycle Management

September 28, 2017 - About 45 percent of large and community hospitals will use multiple core and bolt-on software solutions as part of their organization’s revenue cycle management strategy until 2019, according to a new Black Book survey. On the other hand, most small hospitals (35 percent) plan to outsource their revenue cycle management functions end-to-end, the survey of 567 executives, providers, and...


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Revenue Cycle Management, Upgrades Jump to Top Hospital Priority

by Jacqueline Belliveau

Hospitals leaders are pushing revenue cycle management to the top of their priority lists in the last quarter of 2017, a recent Black Book Market Research survey uncovered. Almost three-quarters of struggling hospitals are prioritizing revenue...

Top 10 Enterprise Resource Planning (ERP) Vendors By Hospital Use

by Jacqueline Belliveau

Healthcare providers have become increasingly interested in implementing enterprise resource planning (ERP) systems as part of their business intelligence and revenue cycle management suites. ERP systems are business management tools that give...

NYC Health’s ERP System to Bring Business Ops to Digital Age

by Jacqueline Belliveau

From payroll and workload management to orders and purchasing, health systems manage a myriad of back-end business operations, using a combination of automated systems as well as manual processes associated with each function. The web of disparate...

Healthcare Revenue Cycle Software Market to Grow at 4.5% CAGR

by Jacqueline Belliveau

The healthcare revenue cycle management software market is slated to grow at a modest compound growth rate (CAGR) of 4.5 percent between 2017 and 2021, stated a recent Research and Markets report. “The latest trend gaining momentum in the...

Optimizing RCM During Value-Based Reimbursement Transition

by Jacqueline Belliveau

Value-based reimbursement revolutionized how providers get paid for care delivery. However, the slow push away from fee-for-service payments has challenged providers looking to optimize healthcare revenue cycle management. To advance healthcare...

77% of Practices Seek MIPS Compliance Tech for MACRA Support

by Jacqueline Belliveau

Approximately 77 percent of practices of three or more clinicians are looking to purchase Merit-Based Incentive Payment System (MIPS) compliance technology by the last quarter of 2017 to overcome MACRA implementation challenges, a recent Black...

NYC Hospital Adds Epic Revenue Cycle Management to EHR System

by Jacqueline Belliveau

NYC Health and Hospitals Corporation (NYCHHC) recently selected to implement an Epic healthcare revenue cycle management solution to help the health system boost adjusted patient revenue by another 5 percent. The largest public health system...

Healthcare RCM, Patient Collections Solutions Launch at HIMSS17

by Jacqueline Belliveau

ORLANDO - With over 40,000 healthcare stakeholders milling around Orlando’s Orange County Convention Center for HIMSS17, big and small vendors were eager to show off the latest and greatest products in healthcare revenue cycle management....

How Automation Technology Could Cut $8 Billion in Healthcare

by Vera Gruessner

One method for better managing the revenue of a hospital and reducing wasteful spending is to reduce manual administrative processes and incorporate automation technology. The 2015 CAQH Index shows that the healthcare industry is needlessly spending...

Epic Systems Tops List of Hospital RCM Technology Users

by Kyle Murphy, PhD

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 remains a financially significant feature that...

Moving Past the “Model Hospital” with Revenue Cycle Management

by Scott Pillittere

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 that you need to implement their “model...

Cost Management Effectively Optimizes Revenue Cycle Activity

by Jacqueline DiChiara

Effective means for managing revenue cycle activity and optimization continue to evolve amidst the upcoming effects of ICD-10 implementation, the urgent push for mainstream mobile data processing, and a vigorous demand for bundled and capitated...

Electronic Transactions Could Save Healthcare Billions  

by Jacqueline DiChiara

As the healthcare industry continuously eliminates paper-based administrative processes and pushes for mainstream electronic transactions, the possible result is essentially tens of billions in savings for the healthcare industry. If six routine...

Why it’s Important to Select the Right Revenue Management System

by Ryan Mcaskill

San Francisco Sport and Spine Therapy CEO Sturdy McKee talks challenges of upgrade revenue cycle management processes. This is Part 2 of an exclusive interview. For Part 1, click here. In an interview with RevCycleIntelligence.com, San Francisco...

Trust Key to Revenue Cycle Management Vendor Selection

by Ryan Mcaskill

In an interview, San Francisco Sport and Spine Therapy CEO Sturdy McKee spoke about the importance of vendor trust. This is Part 1 of an exclusive interview. For Part 2, click here. When it comes time to pick a new software solution, any healthcare...

KLAS Study Examines Revenue Cycle Management Vendors

by Ryan Mcaskill

Revenue Cycle Management solutions are impacting healthcare practices and trusted vendors are starting to emerge. KLAS is a global research firm that specialized in improving healthcare delivery. This month, it released a study of healthcare...

Revenue Uncertainty a Major Challenge for Clinicians

by Ryan Mcaskill

In an interview, Phyllis Wright of Lake Shore OB/GYN explains the challenges of clinical revenue cycle management. Every clinic faces the challenge of turning a profit. With evolving technology and a growing focus on quality over quantity, many...

Why Revenue Cycle Must Evolve with Healthcare

by Elizabeth Snell

Read Part 1 of the RevCycleIntelligence.com St. Luke’s interview. As healthcare continues to evolve, it only makes sense that providers need to adapt their payment systems. This includes how they get paid, but also, how they handle the billing...

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