The Pros and Cons of Recourse and Nonrecourse Patient Financing
Considerations for outsourced patient financing include evaluating impact on patient experiences and day-to-day plan administration, as well as options that fit hospitals’ patient populations.
Forum Networking Webinar: Managing Third-Party Liability Claims: A Boston Medical Center Case Study
A Boston Medical Center patient financial services director shares strategies for managing third-party liability claims.
Responsive Payment Support: Finding the Right Balance for Patients With HDHPs
With growing numbers of self-pay patients face difficulties in meeting their payment obligations, healthcare providers can assist them by providing responsive payment support, including offers of tailored payment plans
How Self-Service Check-In Is Changing the Psychology of Patient Payment
Brian Stone explains how self check-in can improve patient satisfaction and ensure timely payment.
Implementation of ICD-10 Coding Correlates With Increased Charges
An analysis of data from 2015, the year of the transition from ICD-9 to ICD-10, found that the average charge per inpatient discharge increased following implementation of ICD-10.
Patients Don’t Have Financial Buffer to Pay Out of Pocket Costs
Healthcare payments spike in the months of March and April, when the majority of American households receive their tax refunds.
A Partnership Approach to a More Powerful Coding Compliance Program
Growing evidence suggests that traditional audit practices used during the ICD-9 era are no longer useful. Instead, the focus should shift to ongoing coder performance audits and reviews.
Indiana Health Group Patients Turn to Online Registration Forms
New patients can access and submit referral and registration paperwork via a link on the IHG website. That information is then passed on electronically to the billing, preauthorization departments, and scheduling departments, saving patients and staff time.
Key Actions to Prepare for the 2018 Medicare Final OPPS Changes
With little time until the OPPS final rule goes into effect, finance leaders should take action now to address the key issues that may impact their organizations both financially and operationally.
It All Starts with Patient Access
Because patients now face higher out-of-pocket costs, patient access staff play a greater role than ever. These staff members need to be more than information gatherers. They need to be patient advocates, gifted with genuine empathy and know-how—not only to guide patients through the financial experience, but also to set the stage for clean claims downstream.