Analytics
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Strategic growth through consolidation, optimizing care by finding ways to become more efficient providers make experts' list of healthcare issues to watch in 2015.
A healthy revenue cycle is something for which every business strives, but it is especially important for healthcare organizations in the current industry environment, due to declining reimbursements, shrinking margins and evolving payment models.
Here's a look at some more recent headlines in the world of healthcare finance.
Minneapolis-based health system Allina Health intends to work with Salt Lake City-based data warehousing company Health Catalyst on a 10-year initiative to build a new model for improving outcomes system-wide.
Fee-for-service billing still dictates how these platforms work, HIMSS Analytics VP says.
When Healthcare Finance last year asked experts to name the top industry trends, they selected insurance exchanges, mergers and acquisitions, new payment models, and technology. Things don't look much different in 2015.
Between online marketplaces for Social Security numbers and data hijackings at Sony and critical access hospitals, catching and preventing fraud has never been more important or dependent on technology.
A major limitation of current supply chains is that they are not tied to outcomes. Most hospitals and health systems still lack a key ingredient that could turn their supply chain operations into powerful tools for better care.
An increasing number of healthcare organizations are turning to demand forecasting, crunching numbers to help them determine potential device usage, patient demand and even to decide whether or not to build new facilities.