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 ...
The healthcare industry faces the formidable challenges of rising costs and precarious profit margins. Elevated supply and labor costs, combined with structural revenue pressures, have created a ...
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 ...
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 ...
Optimizing the revenue cycle is a top priority for many healthcare providers. To do this, many organizations are turning to robotic process automation to reduce inefficiency and free up human ...
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 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 ...
Revenue cycle leaders scramble to fill roles in various stages of the revenue cycle process. Healthcare leaders ranked the roles within the revenue cycle where they most need talent in a new survey ...
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 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 ...
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 ...
Revenue cycle directors are seeing a clear path for automation to increase revenue, decrease denials, speed up prior authorization and claims, and remove many of the repetitive clicks that hamper ...