In this webinar, we are joined by Kathy Whitmire, CEO of Transformation Health Partners, to discuss how critical automation is to the revenue cycle for healthcare providers to survive after COVID-19.
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.
Women Among the Hardest Hit Financially by COVID-19 Pandemic
Hospitals, Health Systems and Labs can tailor billing to help ease healthcare burden
A Wake-Up Call to Address Social Determinants of Health
In this webinar, we sat down with Thomas Campanella, Director of Healthcare Economics at Baldwin Wallace University to understand how social determinants of health impact the health status of a community.
Highlights include:
- What are the primary influencers on an individual’s health status?
- What does the effects of COVID-19 on disparate populations mean for the long term health of our communities?
- How can we more effectively address SDOH within healthcare?
Four Challenges Facing Healthcare Providers in the COVID-19 Pandemic
There has arguably never been a time like this before in healthcare—when receiving maximum reimbursement for every patient is critical.
Advanced Claim Status
Is your office spending too much time individually checking claim status? Did you know there is a much higher cost associated with manual claim status inquiries and that you don’t receive ‘actionable’ information from manually checking claim status?
Advanced Claim Status (ACS) automates costly, manual and unnecessary follow-up tasks related to the status of claims as they move through the adjudication process. Integrating a richer and more complete claim status response into workflows saves staff time and effort and enables further automation.
CMS Price Transparency Rule – What You Need to Know
Price transparency has always been a persistent issue in healthcare. When patients don’t understand what they are being charged and what they will owe it leads to financial stress on the patient and the possibility of not being able to pay their medical bills.
RCM Automation: Where to Focus or Further Refine
COVID-19 continues to disrupt healthcare delivery, which will pose financial challenges to both large and small organizations. Now is the right time to investigate automation to keep revenue flowing and optimize reimbursements.
Mitigating the Financial Consequences of COVID-19
Is it time to automate your RCM? Learn more about the advantages and how to evaluate if it would benefit your organization.
The Right Automation is More Important Than Ever
There are more technology-driven opportunities to ‘fix’ your RCM than ever before. With all the solutions out there, why aren’t healthcare organizations getting better results?
Avoid the Top 3 RCM Pitfalls with Automation
Using different systems for RCM may be holding back productivity and hitting your bottom line.
The 2019 CAQH Index reported that the healthcare industry is spending approximately $350 billion annually for administration due to its complexity, and that about one-third of that amount could be saved by automating administrative transactions. For many, the mind-boggling $13.3 billion in available cost savings cited in the study begs this question: If healthcare revenue cycle management (RCM) technology has been evolving for over two decades, and the point of most technology is to help processes run more efficiently, what is causing administration costs to be sky-high with such an enormous opportunity for savings?
