Speeding up and simplifying the communication between provider and payer means a lot more than just getting reimbursed. It can help healthcare organizations be more transparent about costs to patients ...
Revenue cycle management technology is at the heart of the administrative side of business at every hospital and health system. It is key to daily operations. As such, healthcare CIOs and other IT ...
Moffitt Cancer Center uses a tech-enabled revenue cycle to streamline workflows and enhance talent during its Epic implementation through 2027.
While revenue cycle leaders at many health systems say artificial intelligence is providing real, measurable value, the largest wins in its journey have come from targeted automation instead of ...
The complete ASC revenue cycle process encompasses many complex functions. Each is essential to securing payment for a surgery center. But due to their significant interdependence, a strong ...
The director of revenue cycle process and system support at Moffitt Cancer Center shares his top recruiting tips. The revenue cycle workforce wasn't immune to the drastic changes happening in ...
A recent survey shows 15% of healthcare revenue cycle leaders plan to invest in robotic process automation (RPA), up from zero a year earlier. But is now the right time for RPA for your revenue cycle ...
Between rising self-pay account volumes, decreased reimbursements and ever-changing regulations, provider revenue cycle leaders are tasked with the seemingly impossible: decrease days in Accounts ...
A revenue cycle is a series of steps that occur between the time that a business acquires the materials to make a sale and the time that it closes the transaction. It aligns with the process of ...
With so many components to the process – payer contracting, registration, authorization and certification, financial counseling, co-pay and coinsurance collection, dictation and transcription, coding, ...
Without effective revenue cycle management, organizations face the risk of inadequate cash flows, inaccurate financial statements and even insolvency. For these reasons, revenue cycle management teams ...
'We don't think about revenue cycle as any one individual's responsibility, but as our organization's responsibility,' says Jon Sohn, senior vice president and chief revenue officer for Ascension.