Impact and Takeaways from the Change Healthcare Breach
Understanding the Impact: A Deep Dive into the Change Healthcare Breach The recent data breach at Change Healthcare marks a significant incident in the realm of healthcare cybersecurity. This blog post aims to dissect the events leading up to the breach, providing a comprehensive breakdown of how it was discovered, the scope of the data […]
Denied Insurance Claims: What you need to know to get paid
One way you can make a significant difference in your bottom line is by following up with insurance companies on unpaid claims. Not only will taking the time to regularly and thoroughly review denied claims put more money in your pocket, but it will put you in the good graces of your providers and help […]
Real-Time Performance Outcomes Direct Provider Paths to Profit
The roles of payers and providers are overlapping as networks and organizations search for new ways to manage costs and increase profits. The well-defined responsibilities of the fee-for-service model seem to be diminishing as health care organizations move toward value-based care models. This means providers need sophisticated capabilities to mitigate risk and evaluate costs as […]
How Reliability Becomes Revenue
In today’s fast-paced world, long queues and extended wait times have become the norm, whether it’s waiting in line at the grocery store or being put on hold during a phone call. Regrettably, these frustrations often extend to the financial aspects of healthcare, where patients encounter similar challenges within the intricate web of billing and […]
Patient Engagement Makes a Difference
Centered on their financial well-being – so you can focus on their physical healing When you think about it, the word “engagement” is actually a neutral term. It can mean greatly interested and committed. But it can also refer to involvement in a hostile encounter. It’s the way you reach out to patients — and […]
Revenue Cycle Health Depends on A/R Follow-Up
Nothing impacts the vitality of your healthcare revenue cycle like accounts receivable (A/R) follow-up. Since A/R is a snapshot of outstanding balances owed to an organization, reducing your A/R aging bucket is an essential element in the success of your practice. Tunnel vision can constrict your revenue cycle, while a more dynamic approach delivers benefits […]
5 Ways to Lower Your Percentage of Delayed Claim Payments
5 Ways to Lower Your Percentage of Delayed Claim Payments We’ve become accustomed to delays in reimbursement payments and lists of claim denials. We’ve all been there. But, we also know clean claims get paid faster, so how do you reduce the number of claims that get kicked back you? Often times, your path to […]
Brand Yourself for a Better Revenue Cycle in 2020
A colossal 63% of patients choose a healthcare provider based on their online presence and brand, a substantial shift from years ago. Marketing and brand awareness used to be reserved for the retail industry, today choice and consumerism are requiring the healthcare industry to step up their game. Today, the healthcare marketplace is highly competitive, […]
Price Transparency is Improving the Healthcare Revenue Cycle
Price transparency is the new rule of law in healthcare, and it can be a good thing. Shedding a bright light on the price of care for Americans gives today’s patients the information they need to budget their healthcare needs. It will also drive the competition among providers to put patients first, delivering a higher […]
Optimizing Value-Based Care (VBC) Arrangements to Increase Revenue
Optimizing Value-Based Care (VBC) Arrangements to Increase Revenue Financial risk-sharing arrangements are on the rise as the U.S. health system begins to embrace value-based care (VBC). The transition to VBC, as a result, is exposing opportunities for much-needed revenue cycle growth. While it is commonly accepted that these VBC arrangements affect only a small portion […]
