As soon as you’ve implemented an EHR, the conversation will undoubtedly turn towards optimization. A 2017 study by KPMG in collaboration with CHIME reports that 38% of respondents ranked EMR/EHR optimization as their top choice for capital investments [...]
Is there any low-hanging fruit left?
How Much Money is Your OR Supply Program Throwing Away?
Today more than ever, technology is streamlining information and revenue flow in healthcare:
Think about the ways in which technology has improved and modernized your revenue cycle operations:
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 [...]
Computer Assisted Coding - Project & Change Management Success!
Computer Assisted Coding (CAC) continues to be a Coding and Clinical Documentation Integrity (CDI) industry hot topic, as the logical next step in resource containment and the focus on quality improvement. Today’s burning platform is to thrive in the [...]
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 [...]
Two weeks ago, we discussed general RTE optimization with Epic. Today, we will be doing a deeper dive into RTE and how it can impact front-end payment collection.
Ensuring patients complete referrals and orders for specialty services is vital to the health of your patients and your organization’s financial health. Yet, according to the Medical Group Management Association, only 50% of referrals result in a [...]
Many errors in the revenue cycle can be attributed to not selecting the appropriate insurance plan during registration. One recent presentation at the annual NAHAM conference cited that 20% of registration-related denials were due to coverage and Real [...]
Referral and Authorization workflows are vital to the financial health of your organization. They can determine if, how, and when patients are seen for services, and if you are reimbursed for those services. Due to the variety of stakeholders required, [...]