Revenue Cycle Management

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.

Hartford, Connecticut-based Saint Francis Care has promoted David Bittner to chief financial officer, less than one year after naming him senior vice president of finance.

Fee-for-service billing still dictates how these platforms work, HIMSS Analytics VP says.

Revenue cycle management firm Accretive Health restated its 2013 results last week, showing that the company swung to a $130 million profit for the year, compared to a loss of nearly $120 million in 2012.

Brad Sinclair has been named chief financial officer for the University of Mississippi Medical Center’s University Hospitals and Health System in Jackson, Mississippi.

The Consult Inc. this week said it will buy Physician Management Information Services for an undisclosed price.

St. Elizabeth Healthcare has named Lori Ritchey-Baldwin chief financial officer after serving as vice president of finance for the past two years

More than a century ago, Alabama enshrined a basic protection in the state's constitution shielding its poorest citizens from being forced to pay debts they couldn't afford. But a public hospital in the mostly rural southeast corner of the state has found a way around the law.

Revenue cycle management faces serious challenges, the third quarter report from research firm Black Book suggests, placing CFOs in the tough spot of trying to manage the costs of implementation with the need for more comprehensive systems.

Revenue cycle upgrades at U.S. hospitals have been pushed aside, in favor of preparation for the October 2015 ICD-10 transition and the chase for incentives tied to electronic health records, according to a Black Book survey of chief financial officers.