Finance/Revenue Cycle
As costs go up, how can the industry adapt?
Healthcare costs continue to rise across the industry. According to a study published in the Journal of the American Medical Association, money spent on healthcare in the U.S. is nearly twice as high as 10 high-income countries. Not only does the U.S. have the highest percentage of obese adults but it also has the lowest […]
Read MoreHIMSS18 Series: The Top Payer Trends to Watch
We’re a little more than one week out from the annual HIMSS conference which begins on Monday, March 5 at the Sands Expo Center in Las Vegas, NV. The event brings together more than 40,000+ health IT professionals from various sectors of the industry. To help you better prepare for this whirlwind event, we connected […]
Read MoreHow West Tennessee Healthcare Turned Bad Debt into Reclaimed Revenue
The healthcare reimbursement landscape is continuously changing, creating numerous challenges for healthcare organizations as they look to increase revenue. In fact, the revenue risk among not-for-profit and rural healthcare systems are even greater. The National Rural Hospital Association, estimated that 673 rural facilities were at risk of closure, out of over 2,000. West Tennessee Healthcare […]
Read MoreEPM Series: Providers, Follow these Best Practices to Optimize your Revenue
With the healthcare industry continuing to shift away from fee-for-service, healthcare organizations still face the challenge of properly tracking all their efforts and ensuring they are being appropriately reimbursed. A recent Healthcare Informatics report noted that: “Ongoing changes in both public and private payment are shifting the landscape around revenue cycle management these days, and […]
Read MoreWhy CFOs and CIOs Need to Collaborate at HFMA ANI
The upcoming HFMA ANI conference (June 25-27) in Orlando, FL, will bring together thought leaders in the healthcare finance space to connect, discuss and explore the opportunities ahead. This year’s show theme – collaborating for the future – is particularly timely since the healthcare industry continues to rapidly consolidate, and the fate of the Affordable […]
Read MorePutting a stop to revenue cycle leaks and tracking towards MACRA goals
Performance measurement under MACRA has started in 2017, but only one-third (33 percent) of hospital-affiliated physicians have reported feeling prepared for its implementation, according to a recent Black Book Research survey. With several payment pathways to choose from, providers and their physicians have an added layer of complexity around clinical documentation, which increases their reimbursement […]
Read MoreHow West Tennessee Improved its Revenue Cycle with MedeAnalytics
Last week, Bart Teague, executive financial director of patient financial services at West Tennessee Healthcare, connected with Joe Goedert of Health Data Management. In the article, Tennessee health system seeks revenue cycle improvement, Bart shares insight on how the MedeAnalytics partnership has aided the health system in their efforts to improve their revenue cycle. Bart […]
Read MoreAHIMA Convention & Exhibit – Ardent Health Services Shares Revenue Success Under ICD-10
On Monday, October 17 Ardent Health Services (Ardent Health), a 14-hospital health system that serves areas of Texas, Oklahoma and New Mexico, presented at the 2016 AHIMA Convention & Exhibit. The educational session, presented by Adrienne Younger, RN, CCDS, Manager of CDI Education and Trevor Snow, RHIA, Vice President of Health Information Management, focused on […]
Read MoreThree Tips to Keep You on Track with Revenue Cycle Management
As healthcare organizations track towards value-based reimbursement models, analytics will continue to play an important role to keep them financially viable. However, many healthcare organizations struggle to make the most of their data and tackle revenue cycle management (RCM). We recently spoke with Tom Schaal, director of product management at MedeAnalytics, to gather insight on […]
Read MoreBrookwood Baptist Health Chats with SearchHealthIT to Share its Revenue Cycle Successes
This month, Brookwood Baptist Health (Brookwood) and MedeAnalytics sat down with Kristen Lee of SearchHealth IT for a two-part series focused on revenue cycle challenges and successes. Brookwood leveraged MedeAnalytics Business Office solution to pinpoint trends, analyze root causes and ease their transition to a new Electronic Health Record (EHR) to meet the demands of […]
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