Millennia reports that revenue cycle management (RCM) is vital for ensuring timely payments, reducing waste, and enhancing patient experience in healthcare.
The healthcare industry is leaving $16.3 billion in potential automation savings on the table, finds the 2020 CAQH Index. Automating common healthcare administrative transactions, such as prior ...
NASHVILLE - Transactional revenue cycle no longer works with patients, especially millennials, said finance experts speaking during the HFMA conference in Nashville. It used to be, do the service and ...
Discover the leadership skills revenue cycle executives need now to drive performance, manage change, and optimize reimbursement in healthcare finance.
Revenue cycle management (RCM) is vital for healthcare organizations. It ensures financial stability and efficient operations. RCM involves managing the financial processes from patient registration ...
Over the years, EHRs have become bloated with layered customizations and multiple add-ons. Now, revenue cycle leaders are returning to foundations.
PwC this week said it's working with Amazon Web Services to drive new innovations for how hospitals and health systems can tackle revenue cycle management challenges. With the collaboration, PwC’s ...
As a skilled nursing provider, billing and reimbursement are important considerations to ensure quality patient care and adequate compensation. Skilled nursing organizations are at a tipping point ...
Work silos—fragmented teams working independently of one another—represent a significant barrier to high-quality communication and collaboration, without which healthcare organizations cannot achieve ...
Baylor Scott & White Health’s use of AI in the revenue cycle is expected to result in an annualized $42 million net revenue improvement. The large Texas health system of 52 hospitals was able to ...
Independent Software Vendors (ISVs) and SaaS providers have long viewed healthcare as a rich target for vertical expansion. The market is large, highly regulated, and plagued with inefficiency. Many ...