Revenue Cycle and Finance departments put a great deal of effort and focus on improving industry standard metrics such as: A/R, CFB, ADR, Denial Rates, etc. Billions are spent every year on consulting and technology solutions to automate and improve [...]
With new CMS price transparency rules, the continued shift toward value-based reimbursement, and transition to a consumer-centric and highly digitalized healthcare experience taking center stage in 2019, we thought it would be nice to start the year off [...]
Charge Reconciliation: A Long-Term Commitment
Performing Charge Reconciliation is critical for ensuring financial success and stability immediately following Go-Live, but it shouldn’t stop upon reaching an initial stabilization period. Departmental Charge Reconciliation needs to become an [...]
Ensure Financial Stability by Enhancing your Perioperative Program
See if this sounds familiar…your organization understands the importance of providing surgical services (65% of hospital revenue as generally reported[1]), and in fact, you cater to your surgeons and their requests. Strategic and IT initiatives that span [...]