Tag: Revenue Cycle Management

Contract Manager verifies amounts owed for all applicable claims, monitors payer compliance, and models the financial implications of proposed contracts

Insights on this year’s HFMA ANI conference, peer to peer learning and exchanges, consumerism in healthcare and much more!

Healthcare organizations have varied workflows that optimize efficacy and overall care that require personalized revenue cycle to meet your needs.

Collaborative onboarding lets our clients dive deeper into learning their new systems than just reading a predetermined lesson plan and FAQ list.

Agility and knowledge are critical for your health organization to meet the growing expectations of patients and keep pace with the ever-changing landscape.

Sharing patient information across multiple healthcare organizations with different care management programs is the core of optimizing overall patient care.

To maximize reimbursement rates, healthcare providers must take control and optimize three particular areas: estimates, claims, and collections.

Better manage patient collections by finding the patients who can and will pay. Avoid wasting time and other resources on low-yield accounts.

Recent industry shifts, including the transition from volume- to value- based reimbursement, lower reimbursement and shrinking inpatient margins, increased bad debt due to high deductible health plans and other challenges, are causing undue stress for healthcare providers. It’s difficult for some organizations to manage complex reimbursement models or handle complex claims, so providers are often underpaid or write off revenue they are due. The cost to collect continues to rise when staff produces poor results or turnover is high. Additionally, hospital information system (HIS) conversions traditionally result in a backlog of accounts receivable (A/R), requiring incremental staff to support the conversion. 78% of CFOs are concerned about their revenue cycle platform capabilities for value-based payments and will outsource in lieu of investing in new technology.^ Experian Health's Revenue Cycle Services leverage Experian’s proprietary technologies and experienced staff to optimize revenue cycle management (RCM) performance to help you meet your financial goals, such as increasing A/R yield, lowering operating costs, and resolution of revenue leakage issues and denials. Contact us today to learn more about Experian Health’s Revenue Cycle Services.   ^2015 Black Book Survey