Revenue Cycle Management
The retooled Intelligent Healthcare Network platform allows for improved transparency and efficiency of claims management, the company says.
CFOs rank identifying cost reduction opportunities as their most important for the year ahead, though most expressed limited confidence in their organization's ability to do so, survey says.
While American providers need it for value-based care, hospitals abroad want the tools for their own quality initiatives, but the high cost may hinder developing countries.
Some ACOs say integrated systems and EHRs are necessary, while others put emphasis on physician participation.
HIMSS Revenue Cycle Improvement Task Force seeks stories on the patient financial experience to present a gap analysis for the next innovation.
Farzad Mostashari's startup gives physicians the tools and assistance to build accountable care organizations.
Conifer provides healthcare business process services focused on hospital and physician revenue cycle management, and value-based care solutions.
The 3 to 5 percent of claims hospitals are tempted to give up on trying to collect can generate millions of dollars in what otherwise would be lost revenue.
These are the areas experts recommend that practice leaders, or hospitals that own medical groups, should focus on to improve operations.
Healthcare providers will need to innovate to make the payment process more manageable for millennials, a TransUnion report said.