Larger transactions and diversification influencing hospital M&A activity
New Trends in Healthcare Mergers and Acquisitions
Category: For Hospitals & Physician Groups
Stay informed on the latest industry news, best practices, and trends in revenue cycle management for hospitals and physician groups.
Patient Collections: Are Contactless Payments Critical Moving Forward?
Overall patient experience important component in rebuilding financial impacts of the pandemic.
Coming Soon? The ‘Future’ of Telehealth is Almost Here
Continued adoption, expansion of telehealth is largely dependent on Congress passing reform legislation
Hospital’s Continue to Operate in the Red in 2021
39% of hospitals will operate in the red, up from 25% prior to the pandemic
The COVID-19 Evolution—Variants and Vaccines
Consensus among medical community is the virus will be around for some time
Many Hospitals Still Non-Compliant with Price Transparency
Resource constraints, lack of understanding, competitor response sited as top reasons
The Time is NOW—Automation is Critical for Hospitals
Historically, the healthcare industry has always been slower to evolve and a laggard when it comes to technology adoption. Healthcare executives have cited numerous reasons for being behind the technology curve—complicated legacy systems, clinician resistance to change, security threats and limited IT resources to name a few. However, to the average consumer, these reasons sound like excuses.
Claim Denials Steadily Increasing—What You Need to Know
Increasing claim denials significantly impacting hospital revenue performance.
2020 CAQH Index Reveals Significant Cost Savings Opportunities
Increased use of automation, but $16.3 billion savings potential still remains for healthcare industry
Automating common healthcare administrative transactions, such as prior authorization, has reduced annual costs by $122 billion, finds the 2020 CAQH Index. However, the industry is still leaving $16.3 billion in potential savings on the table.
5 Things Technology Can Do, and 7 Things it Can’t.
Automation is more and more important in today’s patient financial services office. Shrinking margins dictate smaller teams, while the complexity of achieving reimbursement only increases. In that environment, being able to rely on advanced, highly-automated technology is essential for your efficiency…and your sanity.
