Revenue Cycle Management
As more health systems merge, consolidate and diversify, many organizations are looking to combine disparate hospital and physician billing offices into one single billing office. But consider a few key steps before embarking on an SBO migration.
The health system said in a statement that it was never able to turn a profit on the $30 million acquisition of South Hampton Hospital in 2012.
The Consult bought Scroggins Information Services for an undisclosed price.
But new area of business intelligence does not come without challenges.
More than 50 percent of U.S. consumers across most household categories prefer self-service payment, yet healthcare adoption is stuck in the single digits. Here are 3 suggestions to help close this gap.
With some estimates putting patient financial responsibility as high as 30 or 35 percent, healthcare organizations should put patients at the center of their revenue cycle strategies.
Leaders, providers and vendors shared top insights into healthcare news on Twitter.
He most recently served as vice president of financial operations for Scottsdale Lincoln Health Network's Arizona Market.
A move last year by Urology of Greater Atlanta to collect payments up front and establish an e-billing automatic payment plan has resulted in fewer surgeries but greater revenue.
Lessing comes to the hospital from Louisiana where he most recently served as the CFO of the 223-bed St. Tammany Parish Hospital.