Revenue Cycle Management
Douglas Hough, associate scientist at the Department of Health Policy and Management at Johns Hopkins University, on Monday drew links between what he said are standard policy levers in behavioral economics and strategic points to fine tune the revenue cycle.
This year, Healthcare Finance is asking its audience of healthcare finance decision-makers to help us rank the top issues with its inaugural, "Year that was, year that will be" survey.
As the state-run Hawaii Health Systems Corp. faces a $50 million budget shortfall, one of its key executives is mulling his options after laying claim to some of the system's most successful initiatives.
Todd Craghead, who oversees $5 billion in annual gross patient revenue for the Utah health system, is leading the system's consolidation of revenue cycle functions across 22 hospitals and more than 100 physician clinics.
The revenue cycle is a complicated circuit of administrative, technological, financial and patient-level processes that many healthcare administrators say is in need of streamlining.
The Tennessee health system will implement an electronic health record and revenue cycle system across all its hospitals, clinics and other provider facilities that together serve more than 1.1 million patients annually.
Healthcare services company MedAssets will be sold to Pamplona Capital Management in a $2.7 billion deal that will boost its revenue cycle business and result in its group purchasing organization being sold off, the companies announced Monday.
Douglas Hough, associate scientist at the Department of Health Policy and Management at Johns Hopkins University will keynote the second Revenue Cycle Solutions Summit, presented by Healthcare Finance on Dec. 7 and 8 in Atlanta.
Revenue cycle firm RelayHealth said it has processed more than $25 billion in claims using ICD-10 codes, though it's still not known how that will translate when it comes to payment by the insurers.
For many hospitals, a sound financial assistance policy is the only way to bridge the gap between giving life-saving treatment to the patients who need it, while protecting their balance sheets from bad debt.