How MBI Lookup tool can help providers post-CMS data breachHow MBI Lookup...
In July this year, the Centers for Medicare & Medicaid Services (CMS) reported that a data breach in a contractor’s network may have compromised the data of more than 600,000 current Medicare...
View ArticleWhat is revenue cycle management in healthcare?What is revenue cycle...
In the face of crisis, healthcare has undergone a transformative shift. The COVID-19 pandemic accelerated this revolution, pushing providers to embrace digital technology and innovative care models....
View Article3 effects of rising healthcare costs and how providers should respond3...
Record numbers of patients are putting off healthcare treatments because of concerns about cost. In January 2023, Gallup reported that 38% of those polled had postponed medical care in the previous...
View ArticleCompassionate collections with personalized patient payment...
As retail and technology companies make moves in healthcare, existing providers must find new ways to attract and retain patients. Offering personalized patient payment plans is one way to meet...
View ArticleRevenue cycle myths: Realistic ways to increase reimbursementRevenue cycle...
Could common revenue cycle management (RCM) myths be preventing healthcare organizations from getting paid in full? Does what constituted best practice a few years back still apply to revenue cycle...
View ArticleCase Study: How UCHealth secured $62M+ in insurance payments with Coverage...
“We wanted the right technology that could look for insurance coverage for self-pay patients without the need for us to increase our manpower. The cost savings were a big win for the department.” —...
View ArticleHow St. Luke’s University Health Network boosted collections by 22% – despite...
Between November 2022 and September 2023, St. Luke’s University Health Network (SLUHN) saw a 22% uplift in self-pay collections, amounting to an additional $1.2 million in average monthly collections....
View ArticleMedicaid redetermination update: what happens next?Medicaid redetermination...
More than 13 million Americans have lost Medicaid coverage since continuous enrollment came to an end in April 2023. Unwinding the emergency provisions requires states to determine which individuals...
View ArticleUnderstanding medical billing basics for financial successUnderstanding...
The ecosystem of healthcare revenue management involves the entire lifecycle of medical billing. It starts with patient scheduling to encounters, then moves to coding and medical billing. However,...
View Article3 tips for healthcare revenue cycle predictability3 tips for healthcare...
Many healthcare providers believe pairing “revenue cycle” with a qualifier like “predictable” is an oxymoron. From healthcare staffing shortages that slow down reimbursement tasks to increasing payer...
View ArticleMaximize patient collections in healthcare with technologyMaximize patient...
The fine line between getting paid what they’re owed and delivering compassionate care puts patient collections among the top challenges for providers. Improvements to collections processes feature...
View ArticleHealthcare collections for mid-size providersHealthcare collections for...
Today’s patients are used to the seamless and transparent payment processes in retail services. It’s no surprise that they expect the same convenience with paying for healthcare. According to Experian...
View ArticleStrategies to boost self-pay collections for mid-size healthcare...
Self-pay collections are challenging for healthcare organizations of all shapes and sizes, but particularly for mid-size providers. Caught in an awkward middle ground, these organizations are often...
View ArticleHow healthcare payment plans improve the patient experienceHow healthcare...
As more Americans feel the squeeze on their household budgets, paying for healthcare is a growing concern. A 2024 survey by Pew Research Center found that the number of Americans who rate their...
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