Tag: Revenue Cycle Management
In healthcare revenue cycle management (RCM), the mantra is clear: maximize revenue and minimize costs. It’s more complex in practice, requiring RCM leaders to...
With millions of healthcare claims to process and millions of dollars at stake each month, getting claims right the first time is a top...
Slow communications, confusing billing and a scarcity of digital options are the last things patients want to deal with when seeking medical care. Yet,...
Many healthcare providers believe pairing “revenue cycle” with a qualifier like “predictable” is an oxymoron. From healthcare staffing shortages that slow down reimbursement tasks...
Claims denials are a thorn in the side of any healthcare organization. Even with claims denial mitigation tools and processes in place, denials are...
Artificial intelligence (AI) and computer automation are finally beginning to impact healthcare. Payers are implementing generative AI to improve the customer experience. Researchers at...
As the saying goes, “what gets measured gets managed.” For healthcare providers, this is a reminder that optimizing the revenue cycle relies on monitoring...
By all forecasts, the healthcare worker shortage isn’t going away. More than 80% of healthcare executives admit talent acquisition is so challenging it puts...
Prospects for US hospitals that closed out 2022 at a financial loss looked brighter by the end of 2023, prompting cautious optimism heading into...