Revenue Cycle Management
At Yale New Haven Health System, it all boiled down to a strong analytics foundation.
Adding full-time employees doesn't guarantee improvements, professor says.
St. Luke's Health System completely transformed the experience for patients, using analytics to better understand accounts and offering options such as longer term payment plans to patients who may need help paying down their balances.
HIMSS senior director of state and federal affairs expects the administration will focus on two areas: reimbursement models and benefit design.
The Steward Healthcare vice president says the consequences of not watching vendors closely can be too costly to ignore.
The health system relied heavily in employee training, improved hiring guidelines and staff incentives to create the kind of culture needed to improve collections.
Linda Burt, Chief Financial Officer for Nebraska Methodist Health System, talks about how her organization has adapted to the ever-changing financial landscape in healthcare by adding specialized staff and adopting new technologies.
Bert Zimmerli, Executive Vice President and Chief Financial Officer of Intermountain Healthcare, enthuses about wireless technology, sensors and connected health as they pertain to the growing focus on revenue cycle management in healthcare.
Jeffery D. Hurst, SVP Finance at Florida Hospital, describes changes in revenue cycle management at his organization, including a new focus on analytics and an emphasis on driving patient engagement.
Farzad Mostashari, Dick Foster and Uwe Reinhardt lead a panel discussion at Health Datapalooza IV to discuss whether or not the current surge in public and private sector spending on health IT programs is going to reduce healthcare costs.