Have health systems adapted their revenue cycle processes to increase hospital collections effectively? Enhance the RCM solutions and processes at your healthcare organization by following these 3 tips.
Revenue Cycle Management
These posts cover healthcare revenue cycle management (RCM) with an eye on hospital RCM services best practices used by HIT insiders, consultants, hospital CFOs, patient access teams, and revenue cycle directors.
Check out our Case Studies (http://thessigroup.com/case-studies/) page for some examples of hospital clients that use our RCM solutions. Our Collaterals page (http://thessigroup.com/collateral/) offers a full set of in-depth reviews of our revenue cycle software solutions.
SSI delivers solutions that increase the accuracy and velocity of data exchange among healthcare providers and payers, with the highest levels of security. Our solution offerings range from revenue cycle management, clearinghouse and gateway services, clinical data services and analytics.
Join us as we look at prior authorization (PA). We examine how much time providers spend on PA requests; how patients seeking treatment for opioid addiction may be hindered when obtaining PA for medication-assisted treatment (MAT); and how prior authorization software can improve the healthcare revenue cycle.
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As hospital revenue cycle management teams deal with changing paradigms and analytics – upfront collections continue to be key factors for improvement.
When it comes to hospital revenue cycle management, a lot of changes are in motion for 2018 including patient as payer, outsourcing, cost of EHR, and more. We put together a digest overview for you.
Payer Partnerships. Smart use of analytics. Pricing Transparency. We found a number of trends for hospital revenue cycle management (RCM) as we head into 2018. In addition to tactics, some concepts like “patients as consumers,” and “patient experience” are front and center this year.
The future of healthcare is uncertain and dependent on several factors, such as whether or not the ACA will be repealed. No matter which healthcare delivery model prevails, certain challenges and obstacles are inevitable in the years ahead.
Are you prepared for your next payer contract negotiation? They can be stressful, so we found a number of ideas to help your revenue cycle team be succes.
The right tools you choose will help shape the healthcare you deliver, and new hospital revenue cycle data management tools promise to help with reporting requirements, reduce costs, and increase revenues.
Why do payers continue to deny 20% of claims payments to hospitals as they struggle to keep revenue cycles more profitable? Baby boomers are moving into their Medicare coverage phase. There are flaws in the Office of the Inspector General audits of hospitals, as alleged by the American Hospital Association. Regulations are increasing. We take a look at the current situation and some creative solutions
Does your hospital offer transparent pricing estimates for prospective patients? Some leading hospitals are already doing this and at some state websites you can compare average costs for procedures at facilities across the state. However, these are the exceptions, so we take another look at what’s going on in the national drive to achieve healthcare pricing transparency.
Hospital revenue cycle managers face the challenge of analyzing data and implementing strategic actions to improve costs and outcomes, otherwise known as predictive analytics.
Do you have patient navigators on your team? Patient navigators reduced readmission rates by 60% in a recent study, and provided other positive effects on the hospital revenue cycle.
When it comes to the healthcare system in the USA, much remains to be determined. Will the quality go down in a single-payer healthcare system, as taxes skyrocket? Or, will a reduction in costs be the result as advocates claim? We take a closer look.
Does our hospital have a senior executive that oversees cybersecurity? A new survey finds that 60 percent of healthcare organizations now have a chief information security officer in an age when cyber threats are increasing and the average breach costs your organization $2.2 million dollars.