Tag: Revenue Cycle Management

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Four ways to use AI and automation in your revenue cyc...

Artificial Intelligence (AI) and automation are the latest buzzwords in business innovation. But what exactly do they mean, and how can they help your...

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Are you giving too much care away for free?...

Over the last twenty years, American hospitals have provided more than $620 billion of uncompensated care for cases where no payment was made by...

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How to develop patient-friendly billing practices...

Consumers are bearing a bigger burden of healthcare costs than ever before. As the third largest payer behind Medicare and Medicaid, many patients find...

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How to prevent and manage claim denials...

For many healthcare providers, claim denials are a frustrating cost of doing business. Each year, around 5-10% of medical billing claims are rejected (possibly...

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How Contract Manager improves revenue cycle management...

A recent Black Book survey of more than 500 healthcare networks revealed that hospitals in the U.S. have been painstakingly slow in adopting healthcare revenue...

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How can customizable edits improve your denial rate?...

Healthcare organizations have been forced to deal with billing challenges for so long that many might consider the struggle to simply be the price...

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Tackling healthcare collections challenges with techno...

The burden of healthcare expenses on patients is a growing problem for hospitals and patients alike. Hospitals are losing about $7.5 billion in out-of-pocket medical expenses that...

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How Schneck Medical Center manages denials promptly an...

Healthcare providers should be able to focus on what’s important: their patients and the care they need. However, providers and their staff must spend...

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How Boys Town Hospital overcame its revenue management...

About 8 percent of the costs involved in U.S. healthcare are spent on administrative costs. Whether it’s paperwork for a simple follow-up or processing billing for...

Read More How Boys Town Hospital overcame its revenue management problems