The Best Practice for Creating a Patient-centric Revenue Cycle? Make sure there are no surprises.
Clear communication combined with a smooth revenue cycle create an opportunity to protect revenue and raise patient satisfaction.
Healthcare Business Assurance: The Next Step of RCM Evolution
Healthcare RCM technology has been evolving for decades. Some organizations have begun looking outside of healthcare to find the capabilities they need to continue their drive toward operational efficiency and new reimbursement model management. The answers they are looking for may come from an unlikely industry – telecommunications.
Operational vs. Actionable Analytics
In the light of the unfortunate recent event of the COVID-19 pandemic, a growing number of hospital leaders, more than ever, are understanding the value of real-time data analytics versus the limitations of operational data analytics to address and promptly solve problems in every aspect of operations.
Hospital Systems Place High Value on Acquiring Actionable Analytics to Optimize Efficiencies, Improve Revenue Cycle Management
Hospital leaders face substantial challenges in terms of aggregating and comparing vast datasets to identify and correct problems. The substantial amount of data is prompting these healthcare organizations to recognize this deficit in their existing systems. As they learn about the value and benefits of actionable analytics to address and solve problems in virtually every aspect of operations, they’ve begun to adopt new technology now available on the market. A significant benefit is that these new platforms overlay current transactional systems to deliver a cleaner, smarter and cost-effective solution.