News Briefs: Financial and operational challenges still hamper hospitals 2.5 years into the pandemic
As published in hfm magazine, a monthly roundup of top news for healthcare finance professionals.
Surprise-billing arbitration updates include a lawsuit and new context on rate-setting approaches
A provider association that earlier won a lawsuit over the No Surprises Act arbitration process is going to court again over the same issue.
Revenue cycle automation helps health systems regain financial footing during COVID-19 and beyond
Bots and other forms of automation are helping hospitals keep up with the revenue cycle at a time when resources are limited.
Revecore helps hospitals outsource complex claims for faster and increased recovery
How do you help healthcare organizations navigate the biggest challenges in healthcare? Complex Claims (motor vehicle, workers’ comp and Veterans Affairs) represent a very small volume, are extremely manual and are highly unique to all other claims. Revecore gives hospitals the opportunity to outsource these claims to a firm with unparalleled technology and 22+ years…
TransUnion’s Transfer DRG solution simplifies the underpayment process
One company reviews how its SaaS solution can simplify identifying transfer DRG underpayments for hospitals.
TruBridge’s RCM Product Suite helps healthcare organizations find solutions to poor revenue cycle performance
Learn how one company specializes in helping healthcare organizations of all sizes diagnose the root cause of poor revenue cycle performance and then make improvements.
MRA|Revecore’s AcciClaim boosts reimbursements for accident claims
A leading claims management company talks about how it streamlines the complex billing and follow-up activities associated with motor vehicle and workers’ compensation accident claims, driving revenue into healthcare organizations.
Optimizing revenue cycle solutions to engage patients and improve the patient experience
In response to patients’ poor billing experiences, one company is working with its healthcare partners to implement omnichannel communications to provide patients with a safe and convenient channel to pay for services in a method they prefer.
Delivering scalable, patient-focused revenue cycle management services
A revenue cycle management company talks about the importance of experience, versatility, and customer service when responding to current and emerging revenue cycle challenges.
How Mercyhealth applied automation to fine-tune revenue cycle management
Mercyhealth, a health system based in Rockford, Illinois, was prompted by the COVID-19 pandemic to transform its revenue management processes and pivot to an automated approach that would enable leadership to track effectiveness of staff working at home.