Revenue Cycle Strategist: May 2018 Issue

May 3, 2018 11:11 am

 

Patient Payments

Metro Health Improves Cash Flow by Offering New Payment Options

By Laura Ramos Hegwer

Metro Health’s payment options include community benefit discounts, charity care sliding scales, and a zero-percent interest payment plan, which has improved cash flow and flattened bad debt.

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Technology

The Impact of Duplicate Patient Records on Revenue

By Gordon Cooper and Christie Scanlon

Duplicate patient records have a negative impact on value-based payment strategies as well as staff productivity and patient satisfaction.

Coding Q&A

Are You Ready for MACRA and MIPS: The New Healthcare Payment Reform

By Jeanie Heck and Kim Felix

Value-based payment models, such as MACRA and MIPS, will require that coders capture the severity of illness as well as acute and chronic patient conditions.

Price Transparency

Hospitals Urge Caution in Federal Transparency Push

By Rich Daly

In response to a new Senate price and quality transparency initiative, hospital advocates outlined measures they would support but also urged caution in pursuing new federal requirements. 

Figure at a Glance

Revenue Cycle Departments Increase Productivity

By Jeanne Slates

A two-year rise in revenue cycle department productivity is attributed to outsourcing and staff ability to handle more claims in less time.

 

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