Revenue Cycle

Consumers Have Less Credit Available to Fund Their Care

A survey reveals that patients may have less money to fulfill their financial responsibilities because revolving credit had declined for consumers by approximately 26 percent. 

figure at a glance February 7, 2017

Self-Pay Patient Financial Liability: A Hospital’s Biggest Post-Election Challenge

As a result of a repeal of the Affordable Care Act and rising self-pay responsibility among consumers, a growing number of consumers could find themselves unable to pay their portions of their healthcare bills, raising financial challenges for providers.

Jeff Goldsmith, PhD January 31, 2017

Revenue Cycle Challenges and Recommendations for 2017

A survey of CFOs and revenue cycle leaders identified the most pressing challenges surrounding revenue cycle management.

Jonathan Wiik January 31, 2017

3 Ways to Transform Pre and Point of Service Patient Payments

Automating billing processes, offering patient-friendly payment options, and developing strategic discharge processes can improve pre- and point-of service collections, while increasing patient satisfaction.

Tom Yoesle January 31, 2017

How Carolinas HealthCare System Improved Transparency and Curbed Denials

New processes and automation helped the health system cut denied dollars in half for radiology services alone.Back in 2007, leaders at Carolinas HealthCare System, Charlotte, N.C., wanted to make their pre service processes more efficient and effective. Specifically, they wanted

Laura Ramos Hegwer January 31, 2017

Using Palm Vein Technology to Accurately Identify Patients

“If a person gives five different names over a five month period, we are still able to get the correct patient medical record to the treating provider, regardless of the patient’s name,” says Kandy Swanson, BayCare Health System.When patients present

Lola Butcher January 31, 2017

Financial Counseling: A Day in the Life

As more payment responsibility falls on the shoulders of patients, healthcare organizations should prioritize financial counseling to help them understand the billing process and meet their obligations—throughout the entire care episode.

Kristen Coletto January 20, 2017

Building Patient Relationships Through the Revenue Cycle

Empowering call center staff to take each patient’s circumstances into consideration reduces the financial burden on patients and helps Providence Health & Services collect the money it is owed.

Lola Butcher January 20, 2017

Curbing Healthcare Costs Through Bundled Payments

Dave Terry explores ways healthcare providers and payers can work together to empower patients in making choices about their own care.

Dave Terry January 20, 2017

Ask the Experts: Hospitalist Billing

What is a standard pricing methodology for hospitalists who provide both inpatient and outpatient services?

HFMA January 19, 2017
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